Africa’s Croesus Aliko Dangote inspired by Reliance; now seeks to rival Jamnagar refineryNigerian multi billionaire businessman, also the richest in Africa is hero to some and monopolist to others. He is seeking India Inc’s help...
05 Dec, 2025, 05.30 AM IST
Nigeria's Dangote taps India’s EIL to double refining capacity to 1.4 million bpdNigeria's Dangote has contracted Engineers India Ltd to double its refining capacity to 1.4 million barrels per day within three years. The...
26 Nov, 2025, 12.45 PM IST
India's oil imports at near 3 year high in DecemberIndia's year-end rush for crude supplies coincided with stronger demand from north Asian buyers during winter, boosting prices and an accel...
19 Jan, 2021, 05.36 PM IST
Sweet Spot: India's top refiner IOC buys most crude since COVID-19 outbreak, say sourcesIOC's chairman said this month that the refinery has been operating at 100% capacity since early November as local fuel demand has recovere...
23 Nov, 2020, 05.03 PM IST
IOC chalks out plan to double refining capacity by 2030India's largest oil firm possesses refining capacity to produce 80.7 million tonnes per annum of fuel.
06 Aug, 2017, 11.51 AM IST
EIL rallies over 5% on winning refinery contract in NigeriaEIL pared some of the morning gains but was still trading 2.8 per cent higher at Rs 312.75. It hit a low of Rs 310.80 and a high of Rs 322 ...
19 Jun, 2014, 11.21 AM IST
- IOC, GAIL looking at equity stake in Africa LNG projects: Jaipal Reddy
IOC and GAIL Ltd are looking at picking up an equity stake in LNG projects in Africa to meet growing energy needs of the country, Reddy sai...
09 Dec, 2011, 02.45 PM IST
- India's refining capacity to rise 22% to 238 mtpa by 2013: Oil Ministry
India's oil refining capacity will rise by over 22 per cent to 238 million tonnes by 2013 after new refineries in Orissa and Punjab are com...
05 Dec, 2011, 03.52 PM IST
- Essar to acquire African oil & gas assets
Company identifies blocks in Nigeria, Libya & Madagascar; aims to secure crude supplies for refineries in India, Kenya.
21 Oct, 2010, 03.32 AM IST
- Bush urges more oil exploration
Faced with skyrocketing gasoline prices, US President George W. Bush called Saturday for more oil exploration in US territory -- and blamed...
12 Jul, 2008, 07.42 PM IST
- Essar Oil to consolidate E&P biz, to raise $2 bn
The Ruia-promoted Essar Oil has decided to consolidate its upstream exploration and production (E&P) now under its proposed arm, Essar Expl...
30 Jan, 2008, 04.46 AM IST
- Essar Oil picks 50% in Kenya Petroleum
Essar Energy Overseas, an Essar Oil subsidiary, has signed an agreement to acquire 50% stake in Mombasa-based Kenya Petroleum Refineries (K...
16 Jan, 2008, 12.00 AM IST
- Essar Oil edges out RIL, BPCL in race for Kenyan refinery
The acquisition of the refinery, located in the coastal city of Mombassa, is expected to give Essar Oil a global footprint.
11 Dec, 2007, 01.36 AM IST
- Oil prices move over $70
Oil prices nudged higher on Thursday after slumping 2 per cent on data showing a surge in US crude stocks.
21 Jun, 2007, 10.01 AM IST
- Oil prices little changed in Asian trade
Oil prices were little changed in Asian trade on Monday as the market continued hesitant amid concerns over an oil workers' strike in Niger...
22 May, 2007, 03.10 PM IST
- Exports of petro goods have touched $10b: Deora
India’s petroleum products exports jumped to $10 billion in the first six months of the current fiscal and are expected to top $20 billion ...
13 Jan, 2007, 03.13 AM IST
- IOC plans $3.5bn Nigerian refinery
Petroleum sector market leader, IOC, is working on a mega investment plan of around $3.5bn to establish its presence in Nigeria.
17 Oct, 2006, 01.21 AM IST