Crude Oil Refining Capacity

Ukraine said that its long-range strikes have neutralised more than half of Russia's oil refining capacity, hampering Moscow's ability to supply its forces during its 4 1/2-year-old invasion. The Defence Ministry said Sunday that recent strikes on refineries in cities including Moscow, Yaroslavl, Ust-Luga, Perm, Saratov and Syzran had put 51% of Russia's oil refining capacity out of action. The claim could not be independently verified. Both Moscow and Kyiv have intensified their aerial assaults as progress along the 1,200-kilometre front line has largely ground to a halt. Ukrainian forces have repeatedly attacked refineries from Moscow to Siberia, sparking a widespread fuel crisis in Russia earlier this year that forced authorities to restrict gasoline sales. President Vladimir Putin said in a rare admission Thursday that the strikes had caused Russia to lose roughly 1 per cent of its gross domestic product. "They started attacking oil refineries and openly declared the goal of .

India's highest annual addition of refining capacity in decades comes even as the world faces a severe shortage of oil products

Analysts believe Texas refinery deal could be a positive for Reliance given the current geopolitical environment; however, await for more clarity as the company is yet to issue an official statement.

The state-owned company posted a net profit of Rs 12,967 crore ($1.56 billion) for the quarter ended Sept 30

According to a government statement, this move shall ensure marketing freedom for all exploration and production (E&P) operators

The refiner had earlier planned to shut a crude unit at its 704,000 barrels per day (bpd) refinery for about three weeks in March, sources said. The refinery has two equal size crude units

India, the world's third-biggest oil importer and consumer, currently has 5 million barrels per day of refining capacity. IOC controls about a third of that.

"Going forward we will be touching by 2050 somewhere very close to 90% of electrification," Mukesh Sahdev, senior vice president and head of downstream at Rystad Energy said

Proposes to merger Bharat Gas Resources with itself

India would achieve its targets of increasing renewable energy capacity to 175 gigawatts by 2022 and 450 gigawatts by 2030 ahead of schedule, says PM

The country has already planned the world's largest refinery in the western coast, on which work will start soon, said Pradhan

China is already Asia's No.1 exporter of gasoline and jet fuel, and ranks No.3 in diesel after India and South Korea

The western region of the country is likely to witness maximum addition of crude oil refining capacity by 2030.The refining capacity in the western part of the country is likely to touch 242 million tonne per annum (mtpa) almost double the capacity of 121.4 mtpa.According to the report of 'Working Group on Enhancing Refining Capacity by 2040' of Ministry of Petroleum and Natural Gas, the Gujarat refinery of Indian Oil Corporation Limited (IOCL) will touch 18 mtpa by 2030 from 13.7 mtpa presently.Growth in crude oil refining capacity would be fuelled by a staggering growth in the country's energy consumption. The energy usage is tipped to grow 129 per cent from 2015 to 2035, and India is likely to consume about 10 per cent of the world energy by 2035.Similarly, the HPCL's (recently acquired by ONGC) refinery in Mumbai is projected to see an expansion to 9.5 mtpa by 2030 from 7.5 mtpa presently.Reliance Industries and Essar will take their refining capacity to 98.2 mtpa and 45 mtpa ...