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CRUDE OIL PROCESSING
HPCL refinances Rs 50,000 crore Rajasthan refinery debt, eyes Rs 1,000 crore annual interest savingsHPCL has refinanced about Rs 50,000 crore of debt at its Rajasthan refinery, cutting borrowing costs by 105 basis points and targeting annu...- HPCL Q2 Results: Profit slips 6% YoY to Rs 3,625 crore, revenue jumps 26%HPCL reported Q2FY27 net profit of Rs 3,625 crore, recovering from a previous-quarter loss. Revenue rose 26.1% year-on-year, refining margi...
- US secretary of state Marco Rubio, Ambani discuss energy and tech cooperationUS Secretary of State Marco Rubio's recent visit to the Reliance Industries refinery in Jamnagar signified a pivotal step towards enhancing...
- Marco Rubio tours Jamnagar as Washington courts Reliance's refining muscleRubio arrived in Jamnagar a day after calling India a crude-refining "superpower" and urging more processing of Venezuelan crude there. The...
- From Venezuela to Texas to Jamnagar: Marco Rubio’s dash for energyUS Secretary of State Marco Rubio is encouraging Reliance Industries to process more Venezuelan crude. His visit includes discussions with ...
- India has made substantial progress in diversifying oil imports, Rubio saysMarco Rubio highlighted India's advancements in energy diversification, particularly reducing dependence on Russian oil. During his Mumbai ...
- Marco Rubio meets Adani, Tata chiefs before heading to Jamnagar for Reliance refinery visitUS Secretary of State Marco Rubio met Adani Group chairman Gautam Adani and Tata Sons chairman N Chandrasekaran in Mumbai before travelling...
- Here’s why Marco Rubio is visiting Jamnagar, the small Indian city with world’s largest oil-refining complexU.S. Secretary of State Marco Rubio is visiting Jamnagar, India, to discuss energy cooperation with Reliance Industries. His discussions wi...
- Russia ships the least crude oil in a month as major Baltic port haltsRussian crude shipments have dropped to a month low due to maintenance work disrupting operations at the Primorsk port. Despite a reduction...
- India’s drought-hit maize crunch pits poultry, ethanol makers in ‘me first’ fightDrought conditions have caused a significant decrease in maize supply, leading to competition among industries for access. Poultry producer...
- In second visit within months, Rubio calls on India to scale up US energy and defence buysIndia and the US are actively working to expand energy and defence cooperation amidst existing tensions. US Secretary of State Marco Rubio ...
- Rubio says US to discuss Venezuelan oil production with Ambani's Reliance IndustriesUS Secretary of State Marco Rubio is currently in Mumbai to discuss cooperation with India in various sectors. Topics will include trade, e...
- India's Russian crude binge to continue after Trump waives new sanctions lawWith a fresh sanctions waiver from the US, India is poised to sustain its current levels of Russian crude imports, having now surpassed Chi...
- Indian refiners' fuel exports to the West jump 43% as they keep processing Russian crudeIn September, Indian and other refineries exported 1 billion euros' worth of oil products made from Russian crude. This marked a 43 percent...
- Beyond Oil: How bioenergy investments can rebalance India-Russia tradeRussia now exports more than $60 billion worth of goods annually to India, primarily crude oil, petroleum products, coal, and fertilisers.
- Edible oil refiners set to clock 10-12% revenue growth in FY27 despite duty cut: ReportEdible oil refiners are projected to achieve a revenue growth of 10-12% this financial year. The recent cut in import duties on crude edibl...
- Pump price before politics: Is Trump's Russian diesel purchase a necessary compromise or blatant hypocrisy?Recent actions by Donald Trump to secure Russian diesel imports highlight the complexities of US energy policy, balancing domestic fuel pri...
- Record oil tanker rates put pressure on Asian refiners, IEA saysAsian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...
- Reliance could earn up to Rs 12,600 crore EBITDA from cheap Venezuelan crude. What investors should knowReliance Industries could benefit from renewed access to discounted Venezuelan crude, which may boost refining margins at its Jamnagar comp...
- RBI to meet daily dollar needs of 3 state-run oil firms to ease rupee pressureThe Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...
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