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Oil Refineries Latest Videos

Oil Refineries Latest News

  • Indian companies are still buying Russian oil using dollars after Dubai's Mashreq Bank declined to handle payments from at least two refiners in Emirati Dirhams as requested by the supplier, according to three sources familiar with the matter.
    Indian Refiners Pay Dollars For Russian Oil After Dirham Attempts Fail
  • India's private oil refiners are willing to work with state-run peers to bargain collectively for better oil import deals, oil minister Hardeep Singh Puri said on Friday, as the nation looks to cut its import bill.
    Indian Refiners Willing To Join Forces For Cheaper Oil Imports
  • This was the highest since the onset of the country's coronavirus restrictions in March, when refiners processed 5.01 million bpd of crude oil.
    India's Refinery Processing Limps To Six-Month Peak
  • Global oil refiners reeling from months of lackluster demand and an abundance of inventories are cutting fuel production into the autumn because the recovery in demand from the impact of coronavirus has stalled, according to executives, refinery workers and industry analysts.
    Oil Refiners Worldwide Struggle With Weak Demand, Inventory Glut
  • Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe could be next as uncertain prospects for a recovery in fuel demand after the coronavirus pandemic triggered losses. The pandemic initially cut global fuel demand 30% and refiners temporarily idled plants. But consumption has not returned to pre-pandemic levels and lower travel may be here to stay, leading to tough decisions for permanent shutdowns. Royal Dutch Shell will permanently shut its 110,000-barrel-per-day Tabangao facility in Philippines' Batangas province, one of only two oil refineries in the country. Shell blamed a pandemic-led slump in margins for turning the plant into an import terminal.
    Oil Refiners Shut Plants As Demand Losses Seen Continuing

Reviews

  • Castrol has launched the Vecton RX Fuel Saver 10W-40, diesel engine oil which was co-engineered by Castrol and Tata Motors. The oil is designed to increase the fuel efficiency of Tata trucks by 3%, which will not only save substantial amounts of diesel but also operating costs for these trucks.
    Castrol Launches Vecton RX Fuel Saver Diesel Engine Oil
  • Mahindra Two Wheelers Ltd. (MTWL) has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) for a genuine engine oil to be used for their 110cc bikes.
    Mahindra Two Wheelers & HPCL develop Miles+ Engine oil for 110cc bikes