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"The role of Maharashtra government is crucial in acquiring the land," the source said
As the world's third largest consumer and importer of oil, India buys about 85% of its needs from overseas, while its energy demands are set to rise to power its economic expansion
Strikes in France's major refineries continued, leading fears over fuel shortage across the country
Prices were already elevated before Russia invaded Ukraine on Feb. 24. But since mid-March, fuel costs have surged while crude prices are up only modestly
Viva Energy joins a spate of companies limiting, putting on hold, or exiting business activities in Russia.
In the past two trading days, the stock of the refineries/petro products company has surged 25 per cent, after investor Ramesh Damani bought over 1 per cent stake in the company.
Refiners processed 5.25 million barrels per day (21.48 million tonnes) last month, up 5.9% from 4.96 million bpd in October
NEW DELHI/SINGAPORE (Reuters) - Kuwait has extended oil supply contracts for Indian refiners by three months to March 2022 due to a delay in the commissioning of its 615,000 barrel-per-day Al-Zour refinery, according to people with knowledge of the matter.
Private refiners such as Reliance and Nayara Energy command over a third of India's total crude oil refining capacity
The firm is India's largest fuel refiner and retailer
With gasoline and gasoil prices rising to a record high amid India's worst power crisis in years, the nation wants to redouble its efforts to buy wisely
Oil prices fell on Tuesday on concerns that power outages and flooding in Louisiana after Hurricane Ida will cut crude demand from refineries at the same time global producers plan to raise output
Fresh travel restrictions due to a resurgence in Covid-19 infections have dashed hopes for a recovery in Asian jet fuel demand this year and worsened the outlook for the entire refining sector
Detect Technologies' has a real-time pipeline monitoring system that tracks leaks and corrosion using sensors.
Production from DSF-1 Elao field in Cambay basin expected to being in a weeks
Third round of discovered small field auctions begins
It is expected that the third round of DSF auctions will have 32 contract areas on offer for bids spread across 75 fields
The tankers, booked by Marathon Petroleum, Valero Energy, Phillips 66 and PBF Energy, can hold around 350,000 tonnes of fuel
Bharat Petroleum and Indian Oil have deferred planned shutdowns due a shortage of contract workers.
Ambani's Reliance Industries Ltd., which operates the world's biggest refining complex in western India, has started supplying oxygen from Jamnagar to Maharashtra at no cost