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Oil refinery News

24 Apr 2022

Explosion at Nigerian illegal oil refinery kills over 100

At least 25 people, including some children, were killed in an explosion at another illegal refinery in Rivers state in October Nigeria is Africa`s biggest oil producer and exporter It loses an average of 200,000 barrels per day of oil - more than 10% of production - to those vandalising pipelines

Zee Special Videos

24 Sep 2020

Fire at Hazira Oil Refinery near Surat

Fire in ONGC refinery since Wednesday night

16 Sep 2019

Deshhit: Oil crisis may occur in the world

Watch in Deshhit: How oil crisis may occur in the world.

29 May 2019

Rajasthan: Massive blaze in Bikaner oil refinery, fire-fighting operations on

A massive fire broke out at an oil refinery in Rajasthan's Bikaner in the wee hours of Wednesday. The fire-fighting operations are currently underway.

27 Oct 2017

Fire at Tehran oil refinery kills six, injures three: Iran state TV

A fire killed six workers and injured three others at an oil refinery in Tehran`s Shar-e Rey district on Friday, Iran`s state TV reported.

Hindustan Petroleum Corp Ltd

15 Nov 2016

HPCL plans 25% stake in $30 bn refinery on west coast

Hindustan Petroleum Corp Ltd plans to take 25 percent stake in the USD 30 billion mega oil refinery planned to be set up on the west coast, the company's chairman Mukesh K Surana said today.

03 Jul 2016

India's biggest oil refinery to cost $30 billion: IOC

India's biggest oil refinery that state-run IOC, BPCL, HPCL and EIL plan to set up on the west coast will cost USD 30 billion or Rs 2 lakh crore, a senior official said.

08 Apr 2016

Green nod for HPCL's Rs 800 crore storage tank project in Mumbai

State-owned Hindustan Petroleum Corporation (HPCL) has received environment clearance for construction of storage tanks in the existing complex of its Mumbai refinery, entailing an investment of Rs 800 crore.

13 Jan 2016

IOC, HPCL, BPCL plan country's biggest oil refinery

Indian Oil Corp, HPCL and BPCL are planning to jointly build India's biggest refinery on the west coast, IOC Director (Refineries) Sanjiv Singh said Wednesday.

24 Nov 2015

IOC sends first consignment from Paradip oil refinery

State-owned Indian Oil Corp (IOC) Tuesday said it has started commercial production of fuel from its Rs 34,555 crore Paradip oil refinery in Odisha, sending out first consignment of diesel and LPG.

Vasundhara Raje

24 Oct 2015

Refinery to come up in Barmer: Vasundhara Raje

The proposed oil refinery would be established in the district and the work will begin soon, says Vasundhara Raje.

26 Apr 2015

IOC starts up 300,000 bpd Paradip refinery: Sources

Output from the $5.2 billion Paradip refinery will compete with rising supplies of fuels from new and expanded plants in the Middle East and China, putting pressure on the profit margins of Asian refiners.

Indian Oil Corporation

23 Dec 2014

IOC to invest Rs 6,800 cr on capacity expansion at Guj plant

State-run Indian Oil Corporation (IOC) Tuesday said it will be investing Rs 6,800 crore on capacity expansion and improving fuel quality at its Gujarat refinery unit.

13 Aug 2014

Essar Oil posts Rs 684 cr profit in Apr-June period

Essar Oil on Wednesday reported a net profit of Rs 684 crore in the June quarter as opposed to a net loss of Rs 863 crore in the same period last year, after its Vadinar refinery posted best refining margins among its public and private sector peers.

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