Asian gasoline profit margins have recently surged to overtake diesel and jet fuel margins as upcoming refinery maintenance in Indonesia and Vietnam will cut supply in the region.
Gehlot hits out at Pradhan, Raje over ‘half truths’ on refinery, says 4-yr-delay led to massive loss
By delaying the Barmer refinery project by four years, the state has suffered revenue loss, job loss and business loss, which together combined is much more than ₹40,000 crore that the BJP government in Rajasthan claims to have saved by inking a fresh deal with HPCL, former chief minister Ashok Gehlot said Wednesday.
Hindustan Petroleum Corporation Limited (HPCL), one of the biggest Navratna Public Sector oil Companies in India will be setting up a 9 MMTPA (Million Metric Tonnes Per Annum) capacity grass root Refinery cum Petrochemical Complex at Barmer, in Rajasthan in Joint venture with Government of Rajasthan (GOR). This estimated cost of the project is Rs.43,129 crore.
Hindustan Petroleum Corporation Ltd (HPCL) and Government of Rajasthan have signed a revised memorandum of understanding (MOU) for HPCL’s proposed 9 million metric tonnes per annum (MMTPA) grass root refinery in the state, paving the way for the resumption of project, which was first announced four years ago.
Essar Oil Ltd., which operates India’s second largest private sector refinery and the largest private sector oil retail network, today reported robust growth across its refining and retail functions in FY 2016-17.
India is talking to Saudi Aramco and Abu Dhabi National Oil Company to invest here in refinery and petrochemical projects, Minister of Petroleum and Natural Gas Dharmendra Pradhan said on Thursday
Rajasthan Government and HPCL have come together to set up a 9 MT refinery in Barmer. “Modi Government’s gift to people of Rajasthan on RajasthanDiwas,” union petroleum minister of state (I/C) Dharmendra Pradhan tweeted on Thursday.
Global giant in the oil sector, Saudi Aramco has hinted at setting up a refinery in Andhra Pradesh.
The Saudi Arabian oil major also evinced interest in turning coastal Andhra Pradesh as one of its major bases but this plan will move forward only after the Centre okays the proposa
Moving towards protecting the environment, Assam based Numaligarh Refinery Limited (NRL) has introduced digitally
"Paradip Refinery is the Vikas Deep for Odisha," says Modi
“Paradip Refinery is the Vikas Deep for Odisha,” says Modi