india could cut mega refinery oil capacity as costs surge in Rwanda

India's refining capacity is set to expand more than 20% over the next three years, as growing and overseas demand for oil products is pushing existing refineries to run

India intends to reduce the capacity of the new largest oil refinery, as the country needs to reduce spending. The necessity to comply with stringent environmental measures

India considers reducing the crude capacity of what would be its largest oil refinery as the country is trying to figure out how to cut swelling costs after strict

India is looking at cutting capacity at its biggest oil refinery to match lower fuel demand projections and contain costs which jumped to USD 60 billion due to meeting

US EIA predicts India's rising liquid fuel consumption to drive increased crude oil imports and refinery expansion by 2028.

The refinery configuration would also depend on financing power of the companies involved. India is looking at cutting capacity at its biggest oil refinery to match lower fuel demand projections

Sep-2025 Mastering mega-scale refinery and petrochemical projects (RI 2025) India’s economy is experiencing impressive growth. As its gross product (GDP) is projected to reach

Net-zero tensions Despite the integration of cleaner technologies, India’s refining surge raises alarm bells for climate advocates. A doubling of capacity implies more crude oil

It will also help India establish itself as a refining hub. India already has the world's biggest refinery at Jamnagar in Gujarat owned by Reliance Industries. Aramco, the world’s biggest oil exporter, and Adnoc are

India's refining capacity is set to expand more than 20% over the next three years, as growing and overseas demand for oil products is pushing existing refineries to run

New Delhi: India's oil marketing companies (OMCs) are expected to increase the country's crude oil refining capacity by 35-40 million tonnes (MT) by the end of fiscal 2030, the

India, which gets more than a third of its oil imports from Russia, is likely to turn to supplies from the Middle East and Africa and other regions if it is forced to cut Russian imports due to

U.S. gasoline prices have resumed their uptrend, with AAA reporting the national average at $3.161 per gallon of regular compared to $3.139 a week ago and $3.115 a month ago. The national average

Business news highlights (April 23): Indian Oil Corporation (IOC), India's leading refiner, aims to boost operations at its Gujarat refinery in western India to a capacity of 360,000 barrels per

India and Saudi Arabia have agreed to establish a joint task force to expedite the construction of the Ratnagiri Refinery and Petrochemicals Limited (RRPCL) project in Maharashtra. The project, estimated to cost Rs 3 lakh

U.S. refining capacity is set to drop by 3% this year, the EIA says, with LyondellBasell’s Houston oil refinery closing, and the Los Angeles refinery of Phillips 66 scheduled for closure by the

The strength in fuel markets contrasts with crude oil prices falling to a four-year low in May, after OPEC+ unwound output cuts faster than planned.

Rwanda becomes Africa host nation to one of world’s largest coltan exporters headquarters, making it the first Africa’s coltan refinery at a cost of over $20 million.

The mega refinery complex that India plans with the national oil companies of Saudi Arabia and the United Arab Emirates (UAE) will cost more than the original US$44

Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese fuel demand crushes margins and Beijing's drive to wring out inefficiency