๐ช๐บ๐ธ๐ฆ Saudi Arabia will not send any Crude #Oil in October to European Refiners, citing the East-West pipeline shutdown as the reason.
#InternationalNews
#InternationalNews
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๐บ๐ฆโ๏ธ๐ท๐บ Russia's Kapotnya #Oil refinery (Moscow Area largest) on Fire after Ukrainian Drone Strikes #InternationalNews
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Indian Development News ๐ฎ๐ณ
๐ข๏ธโก Brent Crude #Oil surpass $108.5/barrel
๐ข๏ธโก Brent Crude #Oil dips to $99/barrel
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๐ฎ๐ณ๐ข๏ธโฝ๐น๐ท Indiaโs petroleum product #exports to Turkey surged in July and August, as Ankara explored for alternative sources after severe cuts in Russian fuel supplies and disruptions in West Asia.
The surge, led by diesel shipments, rose to 81,000 barrels per day, or b/d, in July and 41,800 b/d in August from zero in May and June.
Overall, exports of clean petroleum products, including diesel, petrol and jet fuel, rose to around 126,400 b/d in July and 137,200 b/d in August.
#Oil #Energy
https://t.co/lzz2REvecK
The surge, led by diesel shipments, rose to 81,000 barrels per day, or b/d, in July and 41,800 b/d in August from zero in May and June.
Overall, exports of clean petroleum products, including diesel, petrol and jet fuel, rose to around 126,400 b/d in July and 137,200 b/d in August.
#Oil #Energy
https://t.co/lzz2REvecK
ThePrint
Russiaโs diesel export ban opens new market for Indian refiners. Fuel shipments to Turkey surge
The surge, led by diesel shipments, rose to 81,000 barrels per day (b/d) in July and 41,800 b/d in August from zero in May and June.
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As the West Asia conflict triggers global oil volatility, here is how the government is shielding domestic fuel prices from the shockwaves. #Oil #Energy
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Brent Crude #Oil Surpasses $104/barrel
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BP CEO Meg OโNeill said BP is actively looking at bidding for blocks under Indiaโs Samudra Manthan policy (โน84,000 crore outlay, announced July). Cabinet set the policy to accelerate deep-water oil exploration amid Russia sanctions and US-Iran war disruptions. BP has stopped BP-chartered ships entering the Gulf over Strait of Hormuz risk. #Oil
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Indian Development News ๐ฎ๐ณ
Brent Crude #Oil Surpasses $104/barrel
Brent Crude #Oil Surpasses $109/barrel
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Indian Development News ๐ฎ๐ณ
Brent Crude #Oil Surpasses $109/barrel
Brent Crude #Oil Surpasses $112/barrel
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Indian Development News ๐ฎ๐ณ
Brent Crude #Oil Surpasses $112/barrel
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Govt issues guidelines for โน84,084-crore Samudra Manthan scheme to support deepwater #oil exploration until FY2030-31. It allocates โน43,200 crore for 60 wells, with up to 50% cost support capped at โน675 crore per well. Scheme targets addition of over 600 million tonnes of oil equivalent. #Energy
Read more
Read more
The New Indian Express
Govt to support deepwater oil exploration under Rs 84,084 crore scheme
The government will spend Rs43,200 crore to support drilling 60 wells in deepwater and ultra-deepwater areas under the Rs84,084-crore Samudra Manthan scheme, ai
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Trinidad and Tobago has proposed utilizing Indian state firms OVL and OIL to process Venezuelan crude at the idled 165,000 bpd Guaracara refinery.
This initiative builds on ongoing efforts to revive the Pointe-ร -Pierre facility by leveraging India's existing Venezuelan oil imports and stakes in local projects. #Oil
๐ Read more
This initiative builds on ongoing efforts to revive the Pointe-ร -Pierre facility by leveraging India's existing Venezuelan oil imports and stakes in local projects. #Oil
๐ Read more
mint
Trinidad and Tobago in talks with ONGC Videsh, Oil India to refine Venezuelan crude | Company Business News
The Caribbean government has proposed that the two Indian oil companies process crude from neighbouring Venezuela at the Guaracara refinery in Pointe-ร -Pierre, which forms part of the former Petrotrin complex and is currently under renovation.
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Indian Development News ๐ฎ๐ณ
This is a mega greenfield industrial investment. BPCL will build โน96,000 cr refinery-cum-petrochemical complex (6000 acres) near Ramayapatnam, Nellore (Andhra). Set to turn the state into a petrochemical powerhouse Target Completion: Jan 2029 Huge subsidyโฆ
๐ข๏ธ BPCL board OKs wholly-owned subsidiary for greenfield refinery and petrochemical complex at Ramayapatnam, Andhra Pradesh.
| ๐ฐ Authorised capital up to Rs 4,900 crore
| ๐ญ 10 MMTPA refinery with 32-33% petrochemical intensity
| ๐๏ธ Cabinet Committee on Economic Affairs (CCEA) approval eyed by February 2027
#Oil #Energy
๐ Read more
| ๐ฐ Authorised capital up to Rs 4,900 crore
| ๐ญ 10 MMTPA refinery with 32-33% petrochemical intensity
| ๐๏ธ Cabinet Committee on Economic Affairs (CCEA) approval eyed by February 2027
#Oil #Energy
๐ Read more
PSU Watch
BPCL to set up subsidiary for Andhra Pradesh Refinery Project
New Delhi: Bharat Petroleum Corporation Limited (BPCL) has approved the incorporation of a wholly-owned subsidiary to develop its proposed greenfield refinery a
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Indiaโs petroleum #exports earnings rose ~50% YoY to โน2.59 lakh crore (AprโSep 2026), despite a 16% volume drop.
Diesel exports gained 58% to ~โน1.2 lakh crore (volume -19%); petrol earnings rose 21% to โน58,000 crore. Diesel and petrol comprised ~70% of total earnings.
Domestic consumption rose 5% (diesel) and 7% (petrol), while production dipped slightly. #Oil
Diesel exports gained 58% to ~โน1.2 lakh crore (volume -19%); petrol earnings rose 21% to โน58,000 crore. Diesel and petrol comprised ~70% of total earnings.
Domestic consumption rose 5% (diesel) and 7% (petrol), while production dipped slightly. #Oil
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Indian Development News ๐ฎ๐ณ
State-run Bharat Petroleum Corporation (BPCL) has tied up a supply of 1 million tonnes (mt) of liquefied natural gas (LNG) from the upcoming $20-billion project in Mozambique, which is expected to commence operations by FY28. ๐ฎ๐ณ๐ค๐ฒ๐ฟ #Oil #Energy #ForeignAffairsโฆ
BPCL invests another $1.8 billion in Mozambique gas project, lifting total to $4.5-4.6 billion. Project 47% complete with first gas mid-2028; $2.8 billion already spent. Company holds 10% stake and has 1 mtpa SPA. #Oil #Energy
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โ๏ธ BPCL selects Topsoe for SAF production at Mumbai refinery.
๐ Licensing agreement signed for Kerosene Hydrotreating Tech; 4,000 tpd unit revamp underway.
๐ง Plan: Co-process 5% used cooking oil with conventional feedstock in existing infra.
๐ FID achieved; commissioning expected end-2026.
๐ฏ SAF output destined for international flights from Indian airports. #oil #aviation
๐ Read more
๐ Licensing agreement signed for Kerosene Hydrotreating Tech; 4,000 tpd unit revamp underway.
๐ง Plan: Co-process 5% used cooking oil with conventional feedstock in existing infra.
๐ FID achieved; commissioning expected end-2026.
๐ฏ SAF output destined for international flights from Indian airports. #oil #aviation
๐ Read more
Biomassmagazine
Topsoe secures technology contract for Bharat Petroleumโs SAF project in India | Biomass Magazine
Topsoe has signed a licensing agreement with Bharat Petroleum Corp. Ltd., an Indian public sector oil and gas company, to provide its kerosene hydrotreating technology for co-processing for SAF production at BPCLโs Mumbai Refinery.
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Indian Development News ๐ฎ๐ณ
Fire At Rajasthan Refinery Day Before Its Inauguration By PM Modi Twenty four hours before Prime Minister Narendra Modi was scheduled to inaugurate a refinery in Rajasthan, a massive fire broke out at the facility, sending huge black clouds of smoke in theโฆ
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Fire broke out in an oil refinery in Visakhapatnam. Visuals show flames and plumes of smoke leaping to the sky from the refinery. The cause of the fire, damage and if anyone is injured are yet to be ascertained.
More details are awaited.
#Infra #Oil #Energy
More details are awaited.
#Infra #Oil #Energy
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