Page 3 - Oil Refinery

India grabs new oil supply to cut Mideast reliance as Opec+ keeps a check

Indian purchases from the U.S. more than doubled in January on-month, government data show. The country's sophisticated refineries can process almost every kind of crude

BJP, Sena spar over Saudi Aramco's $44-billion refinery project

The Sena's objections are the environmental impact the project will have on farming and fishery in the area

India asks refiners to cut reliance on Middle East oil after OPEC+ decision

India, the world's third-biggest oil importer and consumer, imports about 84% of its overall crude needs with over 60% of that coming from Middle Eastern countries

Indian Oil to expand Panipat refinery with capex of Rs 32,946 crore

Oil marketing firm IndianOil Corporation (IOC) is expanding its Panipat refinery's capacity from 15 million metric tonnes per annum (MMTPA) to 25 MMTPA at a cost of Rs 32,946 crore

IOC to invest Rs 32,496 cr to expand Panipat refinery capacity

The firm said it will invest to expand its oil refinery at Panipat in Haryana to 25 million tonnes per annum capacity

Essar-Progressive Energy JV to develop UK's first low carbon hydrogen hub

The production hub will deliver clean energy to industry in the HyNet 'low carbon cluster', as well as for domestic and transport purposes

L&T subsidiary wins biggest EPCC contract of over Rs 7,000 crore

The order, classified as large, has a size between Rs 2,500-5,000 crore, informed the company in its release

Eight core industries' output contracts 2.6% in November

The output of eight core infrastructure sectors dropped by 2.6 per cent in November, mainly due to decline in production of natural gas, refinery products, steel and cement

Oil prices hit 9-month high on US stimulus deal, refining demand in India

Oil climbed and touched a nine-month high, with traders optimistic about progress toward a U.S. fiscal stimulus deal and record-breaking refining demand in China and India

Rocket attack causes large fire at an oil refinery in northern Iraq

A rocket attack in northern Iraq caused a large fire to break out at an oil refinery, briefly halting operations, the country's Oil Ministry said

Development works worth Rs 4,654 cr completed at Rajasthan refinery

Development works worth Rs 4,654 crore have been completed at Pachpadra refinery in Rajasthan's Barmer district, Additional Chief Secretary, Mines and Petroleum, Subodh Agarwal said on Friday.

Aramco, Adnoc committed to $44 bn west coast refinery project: IOC Chairman

Saudi Aramco and Adnoc are still committed to investing in the planned $44 billion west coast refinery-cum-petrochemical project, the Chairman of the project's lead Indian partner said on Thursday

IOC mulls deferring expansion of projects to sync them with demand

In an interview, Vaidya said oil demand in India has not been destructed but only deferred and Indian Oil Corp (IOC) was also betting big on petrochemicals to hedge fuel shocks

IOC to invest Rs 17,825 cr in Gujarat refinery expansion, petchem project

IOCL net profit fell 47% annually to Rs 1,910.8 crore in the quarter ended June 30, mainly due to inventory losses stemming from fluctuations in global oil prices

IOC to review greenfield expansion projects in refining segment: Chairman

Vaidya also added as part of the company's long-term strategy, it was looking to enhance petrochemicals integration to about 14 to 15 per cent of Petrochemical Intensity Index (PII) by the year 2030

NGT directs SPCBs to ensure scientific disposal of waste by oil refineries

The National Green Tribunal Tuesday directed the state pollution control boards to ensure scientific disposal of hazardous waste by oil refineries

Oil steady as US producers, refiners avoid worst of Hurricane Laura

Brent crude futures for October, set to expire on Friday, rose 2 cents to $45.11 a barrel, heading for a 1.7% weekly gain

What Saudi Aramco's cut in capex could mean for mega deals in India

The oil producer is a JV partner with Indian state-run oil refiners to set up a mega refinery, and also plans to pick a stake in RIL's O2C business

Indian Oil's 300,000 bpd east coast refinery to be shut for 3 weeks

"The Indian Oil refinery in Paradip will remain shut from July 25 to August 15 for maintenance," said Sangram Keshari Mohapatra, the top bureaucrat in the district of Jagatsinghpur

Assam oil well fire continues, OIL says production getting affected

The well no. 5 at Baghjan in Tinsukia district has been spewing gas uncontrollably for the last 22 days and it caught fire on June 9, killing two of OIL's firefighters at the site