Refinery

IOC Q1 net profit slumps 47% to Rs 3,737 cr on lower refinery margins, inventory gains

State-owned Indian Oil Corporation (IOC) on Wednesday reported a 47 percent drop in its first-quarter net profit due to fall in refinery margins and inventory gains

Maharashtra likely to move planned $44 bn Saudi Aramco refinery to Ratnagiri: Report

Opposition from farmers has prompted Maharashtra to move the location for what would be the country's biggest oil refinery

Saudi Aramco in talks with Reliance Industries for joint investment in petrochemicals, refinery projects

Saudi Aramco, the world's largest oil exporter, on Wednesday said it is in talks with Reliance Industries and other Indian companies for investing in petrochemicals and refinery projects in the country

Reliance Industries, Saudi Arabia in talks for refinery, petrochem project says oil minister Khalid al-Falih

Saudi Arabia is keen to get a foothold in the world's fastest-growing fuel market so as to get a captive customer for crude oil it produces.

Infrastructure growth jumps to 7-month high of 6.7% in June; cement, refinery, coal sector performs better

The previous high rate of growth was recorded in November 2017 at 6.9 percent.

Abu Dhabi oil giant signs pact to take stake in $44 bn Ratnagiri refinery project

ADNOC joins Saudi Aramco, the world's largest oil producer, in the project which is planned to come on stream by 2025

Saudi Aramco picks up 50% stake in planned $44-bn oil refinery in Maharashtra

State-owned IOC, BPCL and HPCL will hold the remaining 50 percent stake in the project

Govt prepared to grant Aramco 50% stake in west coast refinery; deal to be announced soon, say sources

Aramco, the world’s biggest oil producer is moving to invest in refineries overseas to help lock in demand for its crude, and expand its market share ahead of an initial public offering next year.

At Bengal investment summit, Adani group pledges Rs 750 cr to double capacity of edible oil refinery in state

In power sector, Adani group said, they are keen in offering their expertise in transmission and renewable energy.

OPEC should go for 'responsible pricing', consider India as preferred sales destination, says Pradhan

India sources about 86 percent of crude oil, 75 percent of natural gas and 95 percent of LPG from OPEC member countries.