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REFINERIES
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...
- Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
- 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 ...
- Essar to invest $18 billion in US, build America's largest steel plant in IowaEssar Group, through its subsidiary Mesabi Metallics, plans to invest USD 18 billion for a steel plant in Iowa. The facility aims to produc...
- 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...
- 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...
- 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...
- Gujarat emerges as key hub for green hydrogen, but large-scale projects remain at feasibility stage: S&P GlobalGujarat is poised as a frontrunner in the renewable hydrogen landscape, thanks to its extensive refinery and ammonia capacity. The state's ...
- 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...
- Ban on US diesel exports would hurt, not help fuel markets, analysts sayUS President Donald Trump has expressed support for a diesel export ban to help lower rising prices. Diesel prices in America have reached ...
- 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...
- Global Market: Diesel prices surge to record highs as wars squeeze global fuel suppliesGlobal diesel markets are facing mounting supply pressures as refinery outages, export curbs and shipping disruptions reduce availability a...
- 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...
- 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...
- 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...
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