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Oil Refiners
Business  /  Published 23.04.22

RIL stocks up on Russian oil

Reliance Industries, operator of the world’s biggest oil refining complex, has ordered at least 15 million barrels of Russian oil since Russia invaded Ukraine in February, trade sources said. R...
By Reuters in New Delhi

Business  /  Published 28.08.21

IOC to invest Rs 1 trillion

State-owned refiner IOC plans to invest close to Rs 1 lakh crore (trillion) over the next five years to expand its refinery capacity to 106.7 million tonnes (mt). At the company’s AGM on Friday...
By Our Special Correspondent in New Delhi

Business  /  Published 08.05.21

Refiners place Saudi Aramco orders

State-owned refiners on Thursday placed orders for regular supplies from Saudi Aramco for June, after reducing purchases this month, drawn by lower prices by the world’s top oil exporter, four s...
By PTI in New Delhi

Business  /  Published 26.04.21

Essar seeks funding for UK refinery

Essar Oil UK, which owns the Stanlow refinery in the UK, said it hopes to put together a new financing deal by the end of June to ensure stability of operations and its business. Doubts were raised a...
By Our Special Correspondent in Calcutta

Business  /  Published 24.04.21

Oil refiners likely to cut output

State-owned oil refiners are planning to cut down production by about 10 per cent in the coming weeks if the lockdowns get extended and movements are restricted further, sources said. Industry source...
By Our Special Correspondent in New Delhi


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