Refinery

PM Modi inaugurates India's first greenfield refinery-petrochemical complex

Prime Minister Narendra Modi on Saturday dedicated the country's first greenfield integrated refinery-cum-petrochemical complex to the nation at Pachpadra in Rajasthan's Balotra district, describing it as a landmark achievement for India's energy and petrochemical sector. Modi inaugurated the project by pressing a remote button after touring the refinery complex. The project is expected to transform the economy of western Rajasthan and emerge as one of the country's largest integrated refinery-cum-petrochemical complexes. The prime minister also inaugurated and laid the foundation stone for several development projects spanning urban transport, railways, roads, renewable energy and power transmission. Among the key projects, Modi laid the foundation stone for Phase 2 of the Jaipur Metro Rail Project, which entails an investment of more than Rs 13,000 crore. Governor Haribhau Bagade, Union Petroleum and Natural Gas Minister Hardeep Singh Puri, and Chief Minister Bhajnlal Sharma wer

PM Modi to launch ₹1 trillion projects in Rajasthan, Gujarat on Saturday

Prime Minister Narendra Modi will inaugurate a refinery-cum-petrochemical complex, a semiconductor facility and other projects worth about ₹1.06 lakh crore during his visit to Rajasthan and Gujarat

Middlemen offer discounted Iranian oil to Indian refiners after US waiver

National Iranian Oil Company and traders have approached Indian refiners with discounted crude following Washington's temporary sanctions waiver, though payment mechanisms remain unclear

Nayara Energy completes scheduled Vadinar refinery turnaround, resumes ops

Nayara Energy has completed its scheduled 2026 turnaround at its Vadinar refinery, India's second-largest single-site refinery, carrying out critical maintenance, inspections and operational upgrades while maintaining uninterrupted fuel supplies across its network. Nayara had shut its 20 million tonnes a year Vadinar refinery in Gujarat, starting April 9 for planned maitenance. It has since resumed operations. In a statement, the firm said the turnaround, executed amid a challenging geopolitical environment, involved more than 34,000 personnel and approximately 480 pieces of heavy equipment, including 180 cranes, highlighting the scale of the operation and the company's focus on strengthening refinery reliability and performance. Stating that the turnaround has been completed as per the schedule, it said, "Delivered amid a complex geopolitical environment, the turnaround reflects the company's operational resilience and its ability to execute large-scale interventions without ...

Why Rajasthan’s Pachpadra refinery is key to India’s energy future

A fire at Rajasthan’s Pachpadra refinery just a day before its inauguration has put the spotlight on one of India’s most ambitious energy projects.

Sanjay Khanna appointed BPCL CMD; tenure till May 2029 approved

Khanna, currently director (refineries), brings over three decades of experience in refinery operations and technical services to lead BPCL till 2029

Cabinet approves ₹79,459 crore investment in HPCL Rajasthan refinery

Cabinet approves revised Rs 79,459 crore cost for HPCL Rajasthan refinery, boosting petrochemical output and supporting energy security and import substitution

Iranian drones hit Kuwait's Mina Al-Ahmadi refinery again, starting fire

Kuwait said Friday its Mina Al-Ahmadi oil refinery again came under attack by Iranian drones, which sparked a fire at several of its units. The refinery had been hit Thursday, sparking fires. Kuwait said firefighters on Friday were trying to control the blazes and there were no immediate injuries from the attack. The Iranian attack came as Kuwait marked Eid al-Fitr, the celebration marking the end of the holy Muslim fasting month of Ramadan. The attack Friday comes as Iran increasingly targets energy sites in Gulf Arab states after Israel on Wednesday bombed Iran's massive South Pars offshore natural gas field in the Persian Gulf.

RIL shares hit record high: Will it continue to see gains from US move on Venezuela oil?

Shares of Reliance Industries climbed to a fresh high after analysts flagged potential gains for its oil business following recent US action in Venezuela. But will the rally hold?

Godavari Biorefineries shares jump over 11% intraday on US expansion plan

Godavari Biorefineries share price rose to the highest level in over two months on BSE. It closed 8 per cent higher at ₹290.5 per share

India fuel exports surge to multi-year highs on higher refinery runs

Refiners in India, which sources about a third of its crude from Russia, are boosting runs and redirecting surplus barrels abroad

Russia-linked refinery tightens sale terms, seeks early payment after curbs

Nayara Energy Ltd., part-owned by Rosneft PJSC, said it was seeking advance payment or a documentary letter of credit, before loading a shipment of naphtha next month

BPCL clears decks for Rs 95k cr Ramayapatnam refinery in Andhra Pradesh

The refinery was a commitment made in the Andhra Pradesh Reorganisation Act 2014

Production growth in key infra sectors down to 4% in June, shows data

Production growth of eight key infrastructure sectors slowed down to 4 per cent in June this year due to a decline in the output of crude oil, and refinery products, according to official data released on Wednesday. The core sectors' production grew by 6.4 per cent in May 2024. The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 8.4 per cent in June 2023. During April-June this fiscal, the output of core sectors rose by 5.7 per cent against 6 per cent in the same period last fiscal. The eight core sectors contribute 40.27 per cent to the Index of Industrial Production (IIP) which measures overall industrial growth.

Infrastructure output in March rises 5.2%, cement production up 10.6%

Infrastructure output, which accounts for 40% of industrial production, measures activity in eight sectors, including refinery products and electricity

Key infra sectors' growth slows to 15-month low of 3.6% in January

The growth of eight key infrastructure sectors slowed to a 15-month low of 3.6 per cent in January, on account of poor performance of sectors like refinery products, fertiliser, steel and electricity, according to the official data released on Thursday. The growth of eight core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.9 per cent in December. It was 9.7 per cent in January 2023. The previous low level of growth rate was recorded at 0.9 per cent in October 2022. Cumulatively also, the growth rate in the output of these sectors slowed down to 7.7 per cent as against 8.3 per cent in April-January 2022-23. The output growth of refinery products and fertiliser was in the negative zone. And the pace of increase in the output of coal, steel, and electricity decelerated during the month under review. However, crude oil, natural gas, and cement production recorded positive growth in January. The eight core sectors contr

Guwahati Refinery, Tata Cancer Care ink MoU for special medical equipment

The Guwahati Refinery on Friday signed a Memorandum of Understanding (MoU) with the Tata Cancer Care Foundation for providing special medical equipment to Silchar Cancer Centre in Assam. Under the agreement, Guwahati Refinery will extend a financial support of Rs 16.39 crore for procuring medical equipment like LINAC for delivering external beam radiation therapy, treatment planning system-computer based software system used in radiation oncology, dosimetry and immobilisation devices, a release said. G K Goyari, Chief General Manager and Refinery Head expressed happiness to be a part of the collaboration, and hoped that the support would further help cancer patients of the northeast region in availing affordable treatment. Silchar Cancer Centre is located on the Silchar Medical College and Hospital campus, and caters not only to patients of Assam but those from Tripura, Mizoram and parts of Meghalaya as well, the release added.

Israel-Hamas conflict clouds loom over crude oil and LNG supplies

Iran getting drawn into Israel war could hamper nearly 80 percent of liquified natural gas flows to India

India's first bamboo based biorefinery to start operations in March

India, the world's third biggest consumer and importer of oil, is aiming to reduce its crude oil consumption by switching to sustainable alternatives such as bio fuels

OMC inks pact with Hindalco to supply raw minerals to alumina refinery

State-owned Odisha Mining Corporation (OMC) on Thursday signed a pact with Hindalco Industries for providing long-term raw material linkage for its refinery project at Kansariguda in Rayagada district. The agreement was signed in presence of Chief Minister Naveen Patnaik. OMC MD Balwant Singh his Hindalco counterpart Satish Pai signed the agreement for their respective organisations. The pact will speed up the work for a two-million ton alumina refinery in Rayagada. Terming the development as a significant milestone in the journey of Odisha's industrial growth, Patnaik said the state is poised to become an industrial hub of the East. "Let's co-create a future where business and socio-economic growth go hand in hand, making Odisha a shining example for the world," he said. Patnaik appealed to people of Rayagada to provide support to the refinery project, so that work can start soon and make visible changes in the lives of local people. In June, the state government came up with a n