Sep 11, 2015 08:21 PM IST
The PSU, which currently has a refining capacity of 30 million tonne per annum (mtpa), has earmarked a whopping Rs 1 trillion capex by 2021 under 'Project Sankalp', primarily focusing on brownfield expansion.
- Feb 11, 2013 02:22 PM IST
Essar Energy said an expansion in refining capacity and the ability to better process lower-cost heavy crude oils helped firm up refining margins in the third quarter.
- Nov 23, 2012 11:37 AM IST
Bharat Petroleum has got the much-awaited environmental clearance to expand capacities at its Kochi refinery. The company, will now be able to feed not only rising dome demand, but can also strengthen export globally as companies in the US and Europe have shut plants on sluggish economic growth and weakening global demand.
- May 17, 2011 02:33 PM IST
India's biggest oil refiner and fuel retailer Indian Oil Corp could slow some domestic expansion projects as the company incurs heavy losses on the sale of subsidised fuel, its head of finance said on Tuesday.
- Mar 21, 2011 02:01 PM IST
The one big worry is the tensions arising out of the MENA region with respect to the political scenario as well as what can happen to crude prices. Jason Feer, Vice President & Singapore Bureau Chief at Argus Media gave CNBC-TV18 his views on where this global political and economic cocktail is headed.