Global crude oil prices moved in the northward direction on Monday, following the Israel-Hamas war that entered Day 3 with large fatalities on both sides
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This move aims to capture a larger portion of profits from the surging crude oil prices, providing additional revenue for the government
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BPCL intends to increase Bina refinery capacity from 7.8 million tonnes per year to 11 million tonnes. The project would also generate more than 2200 kilotons of petrochemical goods
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This occurred despite ongoing increases in Iranian and Venezuelan oil exports, as the market perceives that the United States is not enforcing sanctions as strictly as before
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This drop occurred because government-run refineries in India significantly reduced their imports from Russia
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With a combined capacity of 1,320 MW, the project marks a key milestone in the region's energy landscape
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According to the Petroleum Planning and Analysis Cell (PPAC) under the Oil Ministry, diesel exports fell from 2.45 million tonnes in the previous month to 2.18 million tonnes
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The company's net profit before unusual items and taxes for the three months ending March 31 was Rs 8,256 cror
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