Fuels Heavy oils

IOC to invest $25 billion to realize net-zero goals set for 2046

Indian Oil Corp, the country’s top refiner, plans to invest more than $25 billion to

Refineries VERTICALS

IOC targets to replace fossil fuels with green hydrogen for decarbonization drive

Indian Oil Corporation (IOC) is targeting to replace at least a tenth of its current

Refineries VERTICALS

IOC to invest $9.35 mn to raise Digboi refinery capacity

State-owned Indian Oil Corporation (IOC) will invest over $9.35 mn (Rs 740 crore) to raise

Refineries VERTICALS

Oil refineries in Pakistan not ready to import Russian oil

The National Refinery Limited in Pakistan has excused from the import of Russian crude oil.

Fuels Heavy oils

Crude oil output in India increased by 4.6% in May

India’s crude oil production has increased by 4.6 per cent year-on-year to 2.6 million tonnes

Fuels Heavy oils

US still importing Russian oil despite ban

According to a new report that tracks the flow of fossil fuels from Russia, some

Refineries VERTICALS

ARDA says refining sector accounts for 3% of global energy emission

According to the African Refiners and Distributors Association (ARDA) the refining sector only accounts for

Refineries VERTICALS

Refineries in Europe look for alternative crude supplies

Refineries in Europe are looking for alternative crude supplies as they shun Russian imports following

Refineries VERTICALS

Oman’s petroleum output dropped 25%

Oman’s refineries and petroleum industries’ production declined by 25% by the end of March 2022

Fuels Heavy oils

Indian crude runs set to increase amid healthy margins

India saw its average refining run rates slowing marginally in March amid volatility in crude