Refining Capacity

India is aiming for a refining capacity of 450 MMTPA by 2030, up from around 250 MMTPA currently. In addition to new refineries, companies are also increasing the capacity of their existing units.

BPCL to invest Rs 40K cr to up capacity to 50 mtpa by 2021

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.

Essar Energy refining margins rise on capacity addition

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.

Will Kochi refinery expansion fuel growth for BPCL?

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.

Subsidised fuel may slow IOC's expansion plans

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.

Do export refiners Reliance, Essar stand to benefit from Japan's disaster?

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.