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REFINERY BIDS
What's at stake at the Trump-Xi summitPresident Donald Trump will meet President Xi Jinping in Beijing next week. The leaders aim to ease tensions over trade, Taiwan, and the Ir...
Reliance eyes billions in LEO satellites to build India's answer to StarlinkReliance Industries is set to make a significant entry into satellite communications. The company plans a multi-billion dollar investment i...
Ukraine steps up medium-range strikes on Russian forcesUkraine is significantly increasing medium-range drone strikes, targeting Russian logistics, troop concentrations, and air defenses dozens ...
HCL-Foxconn selects CTCI as EPC partner for Uttar Pradesh semiconductor facilityThe HCL-Foxconn joint venture has appointed Taiwanese firm CTCI as the EPC partner for its upcoming semiconductor assembly and testing faci...
India is making a big move to outflank China in Sri LankaIndia and China appear to be locked in an escalating energy rivalry in Sri Lanka. India plans a new energy hub at Trincomalee with the UAE,...
California oil and jet fuel supply crisis: why are prices hitting $15 jet fuel and $5.85 gas as capacity and supply plunge—how soon can recovery happen?California oil and jet fuel supply crisis is intensifying fast. Jet fuel prices have surged near $15 per gallon. Gasoline has climbed to $5...
Russia cuts oil output in April, sources sayRussian oil output saw a significant drop in April. Ukrainian drone attacks on key ports and refineries forced Russia to cut production. Th...
PNGRB's new LPG pipeline expansion plan to attract investment of Rs 12,500 croresPNGRB has initiated bidding for nine LPG pipeline projects spanning around 2,500 km to reduce reliance on road transport and improve safety...
Ukraine strikes on Russian oil ports put India’s refining lifeline at risk, IEA warnsUkraine’s drone strikes on key Russian oil ports — Primorsk, Ust-Luga and Novorossiysk — are threatening India’s crude supply chain, with t...
A panicked race for barrels grips global oil market, price up as much as $140Global oil markets are witnessing a severe physical crude shortage as Middle East disruptions trigger frantic buying and record premiums fo...
A panicked race for barrels grips the global oil marketA desperate scramble for immediately available oil supplies is occurring globally, with traders paying unprecedented prices for prompt carg...
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...
Vitol and Glencore set to make formal bids for Chevron's Singapore refinery stake, sources sayCommodities traders Vitol and Glencore are expected to bid for Chevron's 50% stake in Singapore's second-largest refinery, valued at approx...
Oil India teams up with Engineers India to bid for BPCL’s 61.65% stake in Numaligarh RefineryThe boards of the two state-run firms approved on Thursday their plans to jointly bid and, if successful, acquire BPCL’s stake in NRL that ...
Saudi Aramco asks firms to bid again for the Jizan power plantSaudi Aramco has asked interested companies to submit cheaper offers to build parts of a complex to supply energy to an oil refinery at Jiz...
- Centre examines Shell’s refinery upgradation contracts
The government is examining contracts awarded to Shell Global Solutions for upgrading state-owned refineries without inviting global bids.
- Mittal loses Nigeria refinery bid
India-born billionaire Lakshmi Niwas Mittal, who wants to make it big in oil after forming the world's largest steel empire, has lost a bid...