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oil output

Indian Oil plans $4.5bn Panipat refinery expansion by Sept 2024

Indian Oil plans $4.5bn Panipat refinery expansion by Sept 2024

  • Along with expanding capacity, IOC will install catalytic dewaxing and polypropylene units at its Panipat refinery in northern Punjab state.
  • IOC said expansion of the refinery would raise production of petrochemicals and value-added specialty products to improve its margins and help "de-risk the conventional fuel business of the company".
Published 26 Feb, 2021 06:02pm
Iran's Zarif open to oil, Gulf security contacts with US, not on Israel
World

Iran's Zarif open to oil, Gulf security contacts with US, not on Israel

  • Iran called for action and "not just words" shortly after Joe Biden was sworn in as president on Wednesday. Biden has said Washington will rejoin the nuclear deal if Iran resumes strict compliance.
  • In my personal opinion, we should define our relationship with the United States.
Published 23 Jan, 2021 07:48pm
IEA says oil market outlook clouded by vaccine roll-out variables
Markets

IEA says oil market outlook clouded by vaccine roll-out variables

  • Producers are grappling with huge uncertainty about where this goes from here.
  • "That's not just in terms of economic recovery but indicators we wouldn't necessarily normally be looking at: (such as the) levels of trust in different countries about vaccines."
Published 13 Jan, 2021 06:28pm