Trump, Russia and Oil
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Indian Oil Corp plans to shut the diesel desulphuriser unit at its 300,000 barrel-per-day Panipat refinery for an upgrade aimed at producing sustainable aviation fuel (SAF) next year, Arvind Kumar, its head of refineries,
India's journey toward energy security is a complex narrative interwoven with geopolitical considerations and economic realities and environmental concerns.
India's significant discount on Russian crude oil is diminishing due to various market factors and geopolitical pressures, prompting Indian refiners to consider alternative oil sources.
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Asianet Newsable on MSNNATO Warns India, China, Brazil Over Russia Trade: SEBI RA Flags Risks For Indian Oil, Defense, Export StocksThe NATO warning could spell turbulence for Indian stocks in oil & gas, defense, and export sectors, with companies like ONGC, BEL, and Infosys potentially facing pressure if trade tensions escalate.
The playbook is part of Indian Oil's $30 billion investment plan to achieve net zero by 2046, and involves the refiner to meet its captive demand, followed by catering to mobility requirements and exports.
Indian Oil forecasts stable international oil prices around $65–$70 per barrel, sees limited Russian crude advantage, and plans future investments in petrochemicals.
By Nidhi Verma NEW DELHI (Reuters) -Indian Oil Corp plans to shut its 300,000 barrels-per-day diesel desulphuriser unit at its Panipat refinery for an upgrade aimed at producing sustainable aviation fuel (SAF) next year,
Mustard oil and olive oil are both rich in healthy fats and antioxidants, offering various benefits for heart, skin, and overall well-being. Mustard oil, deeply rooted in Indian cooking traditions, supports heart health,