Live Breaking News & Updates on Chennai Petroleum Corp Ltd|Page 3
Stay updated with breaking news from Chennai petroleum corp ltd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
IOC to invest Rs 1 trillion to expand refining capacity telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
REFINERY NEWS ROUNDUP: Mixed run rates in Asia-Pacific The BPCL Mumbai refinery on the west coast of India is currently running at full capacity even as partial lockdown has been introduced in many parts of the western region. It recorded a 118% run rate in March compared with 116% a year ago, while the run rate for 2019-20 (April-March) was 95%, compared with 115% in 2019-20, reflecting the impact of lockdown in 2020. However, India’s Reliance Industries Ltd. in March ran at 84% at its two refineries at the Jamnagar integrated refinery complex, down from 96% a year earlier, with overall runs still to attain pre-pandemic levels. In March, the domestic refinery ran at 101%, compared with 108% a year earlier, while the export-focused refinery ran at 69%, from 84% in the year-ago month. ....
REFINERY NEWS ROUNDUP: Run rates on the rise in Asia-Pacific | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
REFINERY NEWS ROUNDUP: More closures likely in Asia-Pacific After two refineries in Australia have announced plans to close, Ampol, formally known as Caltex Australia, said it will complete the comprehensive review of its Lytton refinery by the end of H1 2021, which would provide an indication on the refinery’s future. The company has said previously that “the review will consider all options for the facility’s operations and for the connected supply chains and markets it serves.” Meanwhile refineries in India have ramped up runs but are still running below pre-pandemic levels. India’s Reliance Industries Ltd recorded a combined run of 96% at its two refineries at Jamnagar in January, down from 99% a year earlier, oil ministry officials said, confirming that the complex was still to attain pre-pandemic levels. For the first 10 months of the current fiscal year combined runs stood at 89.5%, compared with 101% in the April-January period the previous fiscal ....
Indian Oil plans $4.5 billion Panipat refinery expansion by September 2024 Top Searches Indian Oil plans $4.5 billion Panipat refinery expansion by September 2024 Reuters / Feb 27, 2021, 17:04 IST FacebookTwitterLinkedinEMail India aims to expand its 5 million bpd refining capacity by 60% to meet rising local demand. (File photo) NEW DELHI: Indian Oil Corp will invest Rs 32,946 crore ($4.46 billion) to raise the capacity of its Panipat refinery by two-thirds to 500,000 barrels per day (bpd) by September 2024, the country’s top refiner said on Friday. India, the world’s third biggest oil importer and consumer, aims to expand its 5 million bpd refining capacity by 60% to meet rising local demand as Prime Minister Narendra Modi seeks to boost the manufacturing sector. ....