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...

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...

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...

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...

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...