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MRPL OIL REFINERY EXPLOSION
Globalisation 2.0, can it be furrowed home?Indian corporations are making bold strides abroad, with Essar establishing a massive $15 billion steel complex in Iowa. Notable companies ...
Aramco Trading sells 10 million bbls Khafji crude to Asian refiners, sources sayAramco Trading concluded a tender for 10 million barrels of Khafji crude, attracting interest from Asian refiners. South Korea's GS Caltex ...
Blast at MRPL facility in Mangaluru injures one personmrpl blast: A loud explosion-like sound was reported from Mangalore Refinery and Petrochemicals Ltd, which alarmed local residents. They ob...
Indian Oil Gujarat refinery to start operating at expanded capacity by end of FY27, executive saysIndian Oil's flagship refinery in Gujarat is expected to expand its capacity to 18 million metric tons. This expansion is part of the ongoi...
MRPL shares tumble 5% after explosion at Mangaluru plant, thick smoke seen from refinery unitMRPL shares fell over 5% after an explosion was reported at its Mangaluru refinery, with thick smoke seen emerging from the facility. Fire ...
Explosion at MRPL oil refinery in Mangaluru causes panic among residentsOn Wednesday, a significant explosion occurred at the Mangalore Refinery and Petrochemicals Ltd in Jokatte. Residents from nearby areas rep...
Oil slides as Saudi Arabia boosts flows via key pipelineOil prices have declined as Saudi Arabia restored partial capacity of its East-West pipeline, affecting global oil supply. Concerns regardi...
Bengal CM assures Indian Oil of facilitating land for its expansion plan in HaldiaWest Bengal Chief Minister Suvendu Adhikari has assured Indian Oil Corporation of land for its petrochemical complex. The company requires ...
Refiners feel heat physical crude trades higher than futures pricesIndia’s oil refiners are paying significantly more for physical crude than the futures prices making headlines, as constrained Gulf supplie...
MetLife stake deal deemed approved; Bain and Olin proposals await CCI reviewMetLife International will raise its stake in PNB MetLife by 0.5% to 50.23% through a purchase from Jammu & Kashmir Bank, with CCI clearing...
India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...
The most uncertain sector also pays the most to wait. Watchlist for patient investors: 5 stocks with upside potential of up to 25%There are some interesting contrarian bets in the market. But going contrarian, or buying what everyone else is running away from, is not t...
Oil prices slide about 2% as US, Iran explore path out of warOil prices have dropped roughly 2%, influenced by signs of diplomatic advancement between the US and Iran concerning the Strait of Hormuz. ...
Global Market: VLCC rates hit record as Saudi crude flows jumpSaudi Arabia’s increased crude shipments through the Strait of Hormuz have pushed ship-to-ship transfer operations in the Gulf of Oman to c...
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...
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...
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...
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...
India's refineries operating at 105% to 108% of capacity, MRPL official saysOver the last six months, Indian refiners have been running at above 100% capacity, driven by soaring diesel demand that leads them to focu...