‘Enough supply in global market’: Puri assures stable crude flow despite disruptions
Union minister Hardeep Singh Puri stated that sufficient crude oil is available globally, with India’s refining capacity poised to reach third position. India imports crude ...
IOC investment push: Oil giant to spend Rs 1.66 lakh cr in 5 years, focus on refining and renewables
Indian Oil Corporation is set to invest Rs 1.66 lakh crore over five years, expanding refining capacity and venturing into petrochemicals, natural gas, and renewables. ...
From big plans to bottlenecks: Refining expansion falters, capacity up just 5%; import dependence grows
India’s oil refining capacity has significantly underperformed, growing only 5% against a targeted 69% increase, hampered by climate concerns, land scarcity, and pandemic disruptions. This ...
