Kurita Europe and AquaChemie DMCC set up a new joint venture entity to serve GCC region

Kurita Europe and AquaChemie DMCC set up a new joint venture entity to serve GCC region

India Raises Cost Of Refinery Project With Aramco By 36 Per Cent: Sources

The new cost estimate of $60 billion for the refinery was given to Saudi Arabia's energy minister Khalid al-Falih at a meeting with Indian Oil Minister Dharmendra Pradhan last month in New Delhi, said the four sources familiar with the talks between the two ministers.

India's Refining Capacity Expansions Lags Growth In Fuel Demand

Country's rising disposable income has helped boost its demand for refined fuels, including gasoline, jet fuel and liquid propane gas (LPG), but its capacity to keep up with this demand may be strained in the coming years

West Coast Refinerys Complex To Cost Rs 2.7 Lakh Cr: Dharmendra Pradhan

State-owned Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp are building the integrated complex with a refining capacity of 60 million tonnes per annum at Babulwadi, Taluka Rajapur, Ratnagiri district

Lenders Including LIC Approve Rs 86,000 Cr Essar Oil Sale To Rosneft

Essar group has crossed the last hurdle to complete the sale of its Gujarat refinery to Russia's Rosneft, with the lenders, including LIC, giving the go-ahead to the deal

Sanjiv Singh Replaces B Ashok As Indian Oil Corporation Chairman

A chemical engineer from IIT-Roorkee with a Diploma in Management, Sanjiv Singh joined IndianOil in 1981. He has served IndianOil for over 35 years, spearheading refinery operations as well as mega greenfield and brownfield projects in refining and petrochemicals

IOC In Early Talks With Aramco For Downstream Project

India’s top refiner, the Indian Oil Corporation Ltd, said it is in initial talks with Saudi Aramco on downstream investments, including a mega project on its west coast that could help the Organization of the Petroleum Exporting Countries member lock-in customers amid an oil supply glut

BPCL Plans To Spend $6.8 Billion On Refinery Expansion By 2022

India is replacing China as the driver of global oil demand growth as its economy expands and a rising middle class buys motor vehicles

India May Halt Diesel Imports, Deal With Private Refiners

State refiners stepped up imports in recent months after private refiners refused to continue absorbing sales tax and coastal freight costs, making the domestic fuel more expensive

MRPL To Shut Crude, Diesel Units At Refinery From April 1

The refiner, which operates a 300,000 bpd coastal refinery in southern India, will also shut a diesel hydrotreater for about two weeks

July Infrastructure Output Growth Slows To Three-month Low Of 1.1%

BPCL To Shut Mumbai Diesel Unit In November

India Set To Halt Iran Oil Imports Over Insurance: MRPL

Sensex Up By 19 pts At 19,784.08

Trafigura To Invest $250 Million In India