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NEW OIL REFINERIES INDIA
UAE, Saudi Arabia keen to invest in India’s refining sector: Hardeep Singh PuriIndia aims to boost its refining capacity to 6.2-6.4 million barrels per day. The current capacity stands at approximately 5.4 million barr...- Skyrocketing diesel prices rattle Republicans as midterms approachDiesel fuel prices have reached record highs due to ongoing conflicts in the Middle East and related supply issues. Republican candidates a...
- Engineers India lands $450-million Dangote deal for mega Kenya refineryThe contract underscores India's growing role as an engineering and technical-services exporter to Africa's energy sector, deepening commer...
- India’s oil buyers may cut Russia cargoes as US risk risesIndian refiners may reduce Russian crude imports amid new US sanctions. This move comes as the US legislation allows tariffs on countries b...
- HC asks SAP India to restore services to Nayara EnergyThe Delhi High Court has ordered SAP India to restore full software services to Nayara Energy. SAP India had suspended services due to EU s...
- August core sector growth hits 3-month low as energy sectors lose steamIndia's core sector output growth slowed to 4.8 percent in August. This easing was due to contractions in energy sectors and an unfavorable...
- Oil’s sea lanes get tougher to navigate; India must press Iran to ease Hormuz blockadeSea lane disruptions in the Red Sea and Persian Gulf impact India's oil imports significantly. India faces challenges securing oil from Wes...
- BRICS+ and the fallout from Trump's energy shocksGlobal oil markets face instability from ongoing conflicts and disrupted supply routes. Strategic petroleum reserves and reduced Chinese im...
- Russia has 'lost control' of its diesel industry: Trump says Ukraine war has put several refineries out of commissionTrump said Russia has "lost control" of its diesel oil industry, claiming several refineries have been damaged amid the war with Ukraine. I...
- India's core sector output slows to 4.8% in August as coal, gas, crude oil and fertilisers contractIndia’s core sector output growth slowed to 4.8% year-on-year in August 2026 from 5% in July, provisional government data showed. Cement, e...
- Ukraine fires over 1,000 drones at Russia, including hundreds launched at MoscowUkrainian forces launched a massive overnight barrage of over 1,000 drones, including hundreds aimed at Moscow in what officials called the...
- Russian oil uncertainty hangs over India’s largest buyersIndian state-owned refiners are facing rising crude supply uncertainty as Middle East disruptions coincide with the risk of tougher US rest...
- Oil India explores route to bring back $300 million stuck in RussiaOil India aims to repatriate a $300 million dividend from Russian oil assets. These funds are currently stranded in Moscow due to Western s...
- Aramco closes supply tap for Indian refiners, new oil barrels to cost moreSaudi Arabia has sold some spot cargoes to traders expected to deliver small volumes to Indian refiners through Hormuz. The risk-taking tra...
- Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
- Africa's richest man's first business was selling sweets at school, now Aliko Dangote is wealthier than China's Jack Ma and Amazon co-founder MacKenzie ScottAfrica's richest man, Aliko Dangote, saw his net worth significantly increase after the Dangote Refinery IPO. The massive oil facility is n...
- China’s new oil refining technology could cut energy use by 91% — here’s how scientists are turning crude oil into valuable products more efficientlyChinese scientists have developed a new molecular refining method. This technique may significantly reduce energy consumption in oil proces...
- The world wishes it had a 'diesel printer' as two wars push fuel to the brinkThe world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...
- Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
- White House weighs how to use Defense Production Act to expand US oil refining capacity, sources sayThe White House is exploring using the Defense Production Act to boost oil refining capacity. This consideration follows President Trump's ...
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