HPCL Q2 Profit Soars 6x, Refining Margins Jump to $8.80/bbl
Hindustan Petroleum Corporation Limited reports stellar Q2 performance with refining margins climbing to $8.80 per barrel, driving massive profit growth and robust operational performance.
Category : Search result: refining
Gannon Scott Signs Definitive Agreement with Metalor Technologies
In a significant move reshaping the precious metals landscape, Gannon Scott Group announces definitive agreement to join Metalor Technologies International, creating an industry powerhouse with enhanced global capabilities.
Sinopec Profits Drop 33% on Oil Slump, Weak Fuel Sales
China Petroleum & Chemical Corporation (Sinopec) reports staggering 33% profit drop in first nine months of 2023 as lower crude prices and sluggish fuel sales impact earnings. Detailed analysis inside.
India Emerges as Global Energy Hub: Refining Capacity Soars
India is rapidly transforming into a major global refining and energy hub, with refining capacity set to skyrocket from 254 MMTPA to over 450 MMTPA, creating massive economic opportunities.
India's Oil Security: Puri Guarantees Stable Crude Supply
Union Minister Hardeep Singh Puri assures uninterrupted crude oil flow despite global disruptions. India's refining capacity soars to 275 MMTPA, with ethanol blending hitting 12% target ahead of schedule.
CPCL navigates Russian oil sanctions with crude flexibility
Chennai Petroleum Corporation Limited adapts to sanctions by optimizing crude procurement and leveraging refinery flexibility to maintain operations and profitability.
CPCL Posts ₹732Cr Q2 Profit in Major Turnaround
Chennai Petroleum Corporation Limited (CPCL) makes a stunning recovery in Q2 FY24, swinging from a ₹1,293 crore loss to a massive ₹732 crore profit. Revenue surges 21% as refinery operations hit peak efficiency.
IndianOil Q2 Profit Soars 140% on Strong Margins
IndianOil Corporation reports stellar Q2 performance with net profit skyrocketing to ₹12,967 crore, driven by robust refining margins and strategic operations.
IOC Q2 Profit Surges 85% as Refining Margins Shine
Indian Oil Corporation reports stellar Q2 FY2025 results with 85% YoY profit jump to ₹10,558 crore. Discover how refining margins and strategic operations fueled this impressive growth.
Reliance shifts oil strategy away from Russian crude
India's corporate giant Reliance Industries is strategically recalibrating its crude oil sourcing mix, reducing Russian oil purchases in response to tightening Western sanctions. This major shift could impact global energy markets and India's refining lan
Megha Engineering wins $226M Kuwait Oil contract
Indian infrastructure major Megha Engineering & Infrastructures Ltd secures massive $226 million contract from Kuwait Oil Company for advanced gas sweetening and sulfur recovery facility in Kuwait.
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