oil refineries

'India may halt diesel imports, deal with private refiners'

India's state refiners may halt diesel imports after working out a temporary mechanism to resume buying the fuel from private processors if global diesel prices remain at current levels, two refinery sources said.

Jun 07, 2016, 14:08 PM IST

Petrobras to cut 5-year investment plan one-fifth to $80 bn: Sources

Brazil`s Petrobras will slash its five-year investment plan by about one-fifth next month as low oil prices, massive debt and fallout from a corruption scandal hobble its ability to fund offshore projects

Mar 02, 2016, 12:57 PM IST

Huge investments needed to fund fuel upgradation: Oil Secy

Supply of Euro-IV grade petrol and diesel by 2017 and Euro-V fuel by 2020 will require very huge investments in upgrading oil refineries and ways are being looked at financing them, Oil Secretary Saurabh Chandra said.

Sep 12, 2014, 21:07 PM IST