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LOWER REFINERY THROUGHPUT
India's fuel exports fall to lowest since 2022 amid refinery maintenance, domestic demandIndia's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particular...- West Asia conflict fails to slow oil PSUs' capex pushIndian oil companies are pushing ahead with major expansion and clean energy projects. Indian Oil Corporation plans significant investments...
- Saudi Arabia March crude exports drop to lowest on record, JODI saysSaudi Arabia's oil exports and production reached historic lows in March. The ongoing Iran war has severely impacted global energy markets....
- Petrol, diesel price hike impact: HPCL, BPCL & IOC shares jump 2% each. What lies ahead for the OMCs?Oil marketing companies like HPCL, BPCL, and IOC saw a 2% share increase following a second petrol and diesel price hike in under a week, w...
- Reliance Industries' Q4 profit dips 8% as Mideast war bites at oil businessReliance Industries reported an 8.1% drop in March quarter profit. Geopolitical issues impacted the energy business. However, telecom and r...
- Probal Sen flags muted quarter for Reliance as O2C weakness weighsReliance Industries anticipates a subdued earnings report this quarter. The oil-to-chemicals segment faces pressure, impacting overall numb...
- Indian refiners' August crude processing drops 4.4% from a month earlierIndian refiners experienced a 4.4% month-on-month decline in crude throughput during August, attributed to monsoon disruptions and maintena...
- Indian refiners' May crude processing edges up 0.4% from a year earlierIndian refiners' throughput saw a slight increase of 0.4% year-on-year in May, reaching 5.47 million barrels per day, driven by strong dome...
- BPCL Q1 results: Net profit rises 22% to Rs 2,188 crore even as revenue drops 41%Its revenues from operations dropped 41.09 per cent to Rs 50,909.24 crore from Rs 86,412.87 crore a year ago.
- Domestic oil demand wouldn't return to normal in the near future: Indian Oil ChairmanIndian Oil sold 16.5 million tonnes of products, including exports, during the first quarter. The refining throughput was 12.9 million tonn...
- Fall in crude prices may impact oil exploration firms more than OMCsOMCs derive nearly two-thirds of their gross operating profit from marketing margins.
- India's crude oil production drops 4 per cent in FY19ONGC output dropped to 21 million tonne from 22.25 million tonne in 2017-18, while OIL saw a 2.5 per cent dip to 3.3 million tonne.
- Essar Oil UK to see rise in margins following refinery upgradationThe company has completed an efficiency enhancement programme, following which Stanlow Refinery's annual crude oil processing is projected ...
- Q2 earnings preview: RIL likely to report 4.4% QoQ drop in standalone net profitIndia's largest company by profit and the operator of the world's biggest refinery at a single location will declare its second quarter res...
- Earnings growth of RIL may take a hit on the back of falling global refining marginsThe refining segment for RIL contributes more than two-thirds of its revenue and operating profit. Hence, any change in the refining margin...
- Essar Oil Q2 net dips 14% to Rs 201 croreEssar Oil today reported a 14 per cent drop in second quarter net profit as its Vadinar refinery in Gujarat processed lesser crude due to a...
- Domestic crude oil production falls 1.4% in DecemberWhile RIL's older refinery operated at 99.93 per cent of its 660,000 barrels per day capacity, the newer export-oriented unit (SEZ refinery...
- Essar Energy unveils $100 million programme for UK refineryEssar Energy said it will start a $100 mn cost improvement programme at UK's second-biggest oil refinery to weather sharp dip in refining m...
- MRPL: Refinery expansion to boost marginsIndia's largest public sector standalone refinery MRPL reported a 58% fall in net profit to Rs 253 crore for the March 2010 quarter.
- Analysts' pick: Reliance PetroleumBrics Securities has downgraded its rating on the stock from neutral to 'underperform' saying it sees no margin of safety at the current pr...
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