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PSU REFINERIES
Is India's 1991 economic model dead? Why 'reforms' aren't enough & the state must step inIndia faces economic headwinds from global events and domestic investor wariness. The traditional reform model is no longer sufficient. Str...
Govt says India has ample petrol, diesel supply, calls for crackdown on diversionThe govt has confirmed that petrol and diesel supplies are ample for every home and community in the country. Instances of regional shortag...
Indian Banks poised for double-digit corporate credit growth on infra, energy, data centre pushIndian banks foresee robust corporate loan growth this fiscal year. Demand is surging from key sectors including renewable energy, infrastr...
LPG Gas Cylinder price today: Here's how much you have to pay for domestic and commercial cylinders in Delhi, Mumbai, Chennai and other citiesLPG Gas Cylinder (Google Trends): Domestic LPG cylinder prices remained steady on May 7, 2026, despite global oil market volatility and the...
HPCL says Rajasthan refinery's Crude Distillation Unit to restart in May after fire incidentThe company said that investigations into the April 20 incident have confirmed that the fire was limited in scope. "Post-incident detailed ...
India caps refinery margins after windfall export tax to cushion fuel lossesIndia has capped refinery margins to manage losses on domestic fuel sales. This follows a windfall tax on fuel exports. The move aims to ba...
India OMCs to pay discounted rates to refiners amid fuel price freezeIndian state-owned oil companies have decided to reduce the prices they pay refineries for petrol, diesel, and other fuels. This proactive ...
3700 raids conducted across country to wipe out LPG black marketing, says CentreIndia's government is actively managing the West Asia crisis. Over 3700 raids target LPG black marketing nationwide. Efforts ensure uninter...
No fuel shortage in Karnataka, says IOC, requests not to buy in panicFuel supplies remain normal across Karnataka, including Bengaluru. Indian Oil Corporation confirms sufficient petrol and diesel stocks. Pan...
MRPL becomes largest single location refinery in IndiaThe refinery configuration has a Nelson Complexity Index of 11.3, one of the highly complex PSU refineries. The MRPL petrochemical intensit...
Indian Oil Corporation to spend Rs 20,000 crore in expansion of its Gujarat refineryDharmendra Pradhan said PSU major IOC was going to spend Rs 20,000 cr for brownfield expansion of its refinery.
Indian Oil pins hopes as licensor for IndMax technologyCountry's leading PSU refinery firm Indian Oil (IOC) is expecting that it could also become a licensor for its IndMax technology besides be...
Bharat Petroleum commissions Rs 1,419-crore crude distillation unit at Mumbai refineryS Varadarajan said the modern technologies save Rs 128 crore annually by way of lower (a whopping 30 per cent less from the current levels)...
India's crude oil output down marginally at 3.1 million tonnesState-owned Oil and Natural Gas Corp (ONGC) produced at almost flat rate of 1.85 MT after an over 3 per cent rise in offshore production.
- Refining the crude success story
Higher refining margin is likely to continue in the medium-to-long term as global demand for petroleum products is growing. India is strate...
- Mergers among PSU oil firms could unlock value
The commodity story refuses to die down. It is now the turn of oil, which is nearing an unprecedented $100 per barrel mark.
- Cabinet may take up Mittal's HPCL stake buy on Thursday
The Cabinet Committee on Economic Affairs may consider on Thursday a petroleum ministry proposal to allow steel baron Lakshmi N Mittal's fi...
- WTO flares up on 26% FDI cap in PSU refineries
WTO has sought an explanation from New Delhi asking why it has restricted foreign equity in JV refineries with PSUs at 26% when 100% FDI is...
- LNM's HPCL dream to get govt support
Govt is planning to tweak FDI rules to enable LN Mittal invest in HPCL’s Rs 17,973-cr Bathinda refinery.
- MRPL bags award for lowest energy consumption
Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of ONGC, has bagged the Jawaharlal Nehru Centenary award for the lowest ener...