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You Searched For "refining capacity" and got 20 results


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5 mins read

BPCL planning Rs 1.7 lakh crore spend to expand core business, new energy foray over next five years

The firm is now implementing the first phase of a multi-decade aspirational journey in the form of …

PTI   


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1 min read

Need to step up quickly to install refining capacity: Anand Mahindra on lithium reserves discovery in Rajasthan

Leading industrialist Anand Mahindra on Tuesday hailed the discovery of lithium reserves in Rajasth…

PTI   


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4 mins read

RIL’s Q3 earnings to be led by consumer biz, refining margins likely to remain under pressure

Reliance Industries is expected to see a subdued third quarter, with a possible sequential fall in …

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2 mins read

Adani Cement refinances $3.5 billion loan taken for ACC and Ambuja Cement acquisition

Adani Cement on Friday said it has refinanced USD 3.5 billion loan it had taken for the acquisitio…

PTI   


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2 mins read

Refined grains, processed red meat behind global spike in diabetes

Increased intake of refined rice and wheat as well as processed red meat, and low consumption of wh…

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1 min read

Fujifilm India launches the new mirrorless digital camera for ₹1,99,999

Fujifilm India on Monday announced the launch of a new mirrorless digital camera with a new sensor …

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2 mins read

Shell just reaped an extra $1 billion from oil refining in 3 months as gas prices at the pump skyrocketed

Oil giant Shell was a major winner from the run-up in fuel prices, with refining margins almost tri…

Harry Robertson   


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3 mins read

Oil refiners in Asia's economic powerhouses aren't snapping up extra crude even with prices below $100 a barrel as inflation bites

Global inflation, COVID-19 lockdowns and increasing intra-trade crude flows in China, and cheaper U…

Zahra Tayeb   


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1 min read

Saudi Arabia warns that the world is running out of energy capacity: 'I have never seen these things'

"The world is running out of energy capacity at all levels," said Saudi Oil Minister Prince Abdulaz…

Phil Rosen   


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1 min read

China isn't interested in ramping up fuel exports amid global energy crunch as Beijing calls for 40% lower quotas for refiners

China has issued 22.5 million tons of fuel exports for 2022, down from around 37 million tons in 20…

Phil Rosen   


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2 mins read

Oil markets are pricing in long-term supply deficits and OPEC+ will face historic lows in spare capacity, warns IEA

"Severely restricted refining capacity is causing markets to price in long-term supply deficits in …

Phil Rosen   


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4 mins read

Bharat Petroleum offers voluntary retirement scheme before privatisation

New Delhi, Jul 26 () State-owned BPCL has brought a voluntary retirement scheme for its employees a…

PTI   


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1 min read

India would not have enough oil to export in coming 15 years

India is a net exporter of oil products for quite some time now; however, the current rate of consu…

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2 mins read

Over 5 million barrels of US reserve oil were exported to Asia and Europe last month as domestic refineries run at full capacity, report says

The exports follow similar shipments of Strategic Petroleum Reserve crude in April, when three ship…

Brian Evans   


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2 mins read

OPEC chief says there's 'no capacity in the world' that could replace Russia's 7 million barrels a day in oil supply

There's no substitute for Russia's daily 7 million barrels, and OPEC has no sway over events drivin…

Adam Morgan McCarthy   


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2 mins read

Fitch says HPCL refining margins to fall in current fiscal

New Delhi, Jan 6 () Fitch Ratings on Monday said it expects Hindustan Petroleum Corp Ltd's (HPCL) r…

PTI   


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2 mins read

Refiners stare at Rs 25,000 crore inventory loss: Crisil Ratings

"For oil refiners, the COVID-19 pandemic is delivering two blows: inventory loss of over Rs 25,000…

PTI   


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2 mins read

HMEL's credit metrics to worsen due to weak refining margins: Fitch Ratings

HMEL expects to start commercial operations of its petchem project by April 2021, a year ahead of …

PTI   


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1 min read

Production, exports of refined copper dip due to closure of Vedanta's plant in Tamil Nadu

"The domestic production and exports of refined copper have declined largely due to the closure, s…

PTI   


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1 min read

Tata Steel's Netherlands subsidiary raises Eur 1.75 bn to refinance debt

Mumbai, Jan 10 () Tata Steel on Friday said its Netherlands subsidiary has executed agreements for …

PTI