Oil Refinery

EIL secures $350 mn contract for Dangote refinery expansion in Nigeria

State-owned Engineers India Ltd (EIL) has secured a contract worth over USD 350 million to act as Project Management Consultant (PMC) and EPCM Consultant for the expansion of the Dangote Refinery and Petrochemical Complex in Nigeria, reinforcing its role in one of the world's largest energy projects. EIL was the engineering, procurement and construction management (EPCM) consultant for Dangote Group when it first built an oil refinery. Now the firm has been re-hired for the expansion, the state-owned firm said in a statement. The Dangote Group, Nigeria's leading multinational conglomerate headquartered in Lagos, plans to expand the refinery's capacity from 650,000 barrels per day to 1.4 million barrels per day under Train 2, with production of Euro VI-grade fuels. The expansion will also scale up polypropylene capacity from 830 kilo tonnes per annum (kTPA) to 2.4 million metric tonnes per annum (MMTPA) through revamping of the existing polypropylene unit and installation of an ...

India asks refiners for weekly Russian oil import data to share with US

India seeks weekly data on Russian and US oil buys as crude imports from Moscow may fall below 1 million bpd amid sensitive trade talks with Washington

Aramco, Oil India likely to pick up stake in BPCL's Andhra refinery

State-run BPCL is setting up a greenfield refinery and petrochemicals project near Ramayapatnam port in Nellore district to meet rising domestic demand and boost petrochemical exports

Sanction-hit Nayara delays Vadinar oil refinery maintenance work

The private refiner will delay planned works and the closure of its 400,000 barrels-a-day complex from February until April 2026, according to people familiar with the matter

NE gas pipeline connecting Guwahati to Numaligarh partially commissioned

The section has also been connected to Numaligarh Refinery, which enables it to access natural gas through the grid, PNGRB said

Indian refiners to issue second tender to secure four more US LPG cargoes

Indian refiners will also issue some spot tenders for purchase of US LPG for deliveries early next year, the sources said. Details are not yet available

Falling Saudi Arabia LPG prices likely to help refiners breathe easy

Saudi benchmark contract prices (CPs) for November for propane and butane, blended to make LPG, dropped to their lowest since August 2023 - $475 and $460 a tonne

HPCL issues rare fuel import tenders after refinery disruption in Mumbai

Chairman Vikas Kaushal said on Tuesday HPCL had closed its gasoline-producing continuous catalytic reformer during the processing of contaminated oil that it had sourced from Hindustan Oil Exploration

Russia's Ryazan refinery halts key unit after Ukrainian drone strike

Ukraine has stepped up its attacks on Russia's energy infrastructure as peace talks mediated by US President Donald Trump have not progressed

Refiners likely to buy more US LPG in 2026, cut Middle East imports

The state refiners have already informed their traditional suppliers of LPG in Saudi Arabia, United Arab Emirates, Kuwait and Qatar about the likely cut in LPG purchases

Refiners likely to cut Russian oil imports following Trump's claim

US President Donald Trump on Wednesday said Prime Minister Narendra Modi had assured that India will stop buying oil from Russia

India-backed oil refinery in Mongolia to start operations by 2028

The announcement was made during Mongolian President Khurelsukh Ukhnaa's visit to India

India expands Mongolia footprint with defence attache, energy cooperation

New Delhi to back border training, refinery project as both nations mark 70 years of ties

State refiners cut dependence on Russian oil as private firms boost imports

During the last month, while the state-run refiners were cutting their reliance on Russian crude, private players were stepping up procurement

China's plan to cut refining capacity faces pushback in key regions

China's oil refiners need to stop producing so much transport fuel because the energy transition means the demand is no longer there

Nayara Energy finds new buyers after EU sanctions hit Russian oil trade

The privately-owned company halted exports for about two weeks after it was sanctioned by the European Union on July 18 for dealing in Russian oil

GST hike on E&P: Govt chalking out plan to compensate upstream oil firms

The oil ministry is considering a scheme to compensate upstream companies for higher costs after GST on E&P services rose to 18 per cent, raising concerns of stranded taxes

MEIL secures bid for India's first private strategic petroleum reserve

Megha Engineering & Infrastructures Ltd won the mandate to build and operate a 2.5 million metric tonne strategic petroleum reserves at Padur, Karnataka

Govt taps Uco Bank to manage payments for Nayara Energy after EU sanctions

The government has tasked Uco Bank with processing Nayara Energy's payments after EU sanctions cut the refiner off from domestic and global lenders

Sanctions-hit Nayara Energy seeks govt help for refinery repair gear

Refineries typically shut roughly every four years for maintenance that can last 30 to 50 days. Nayara last shut its refinery for maintenance in November 2022