You Searched For "refining capacity" and got 18 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
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
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…
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 …
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
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
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
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
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
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…
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
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
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
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
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
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
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
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 …