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Fuel prices edge up by Rs 3 as Indian Oil runs refineries nonstop to prevent any retail shortage

Fuel prices edge up by Rs 3 as Indian Oil runs refineries nonstop to prevent any retail shortage

Indian Oil says domestic petrol and diesel rose only marginally—about Rs 3 per litre—after global pressures, with the company maintaining supply security by running its refineries at more than 100% capacity. IOCL Director (Refineries) Arvind Kumar said 10 refineries are operating round the clock to avoid any “crisis” at retail outlets. Separately, IOCL is backing long-term energy shifts, including providing two hydrogen-powered buses to Delhi Metro that run with green hydrogen from its Faridabad R&D centre.

Summarised by Beize from a story on The Economic Times on 15 May 2026
India keeps refineries running despite Hormuz shock by diversifying crude supply fast

India keeps refineries running despite Hormuz shock by diversifying crude supply fast

India is sustaining strong refinery operations even as Strait of Hormuz tensions disrupt global energy markets. S&P Global Energy says the key has been aggressive crude diversification, shifting purchases across multiple sources and raising significant Russian oil imports. This strategy is helping protect domestic fuel supplies, keeping refineries running at steady, resilient levels despite mounting pressure in the energy system.

Summarised by Beize from a story on The Economic Times on 7 May 2026

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Reliance Industries to shut key crude units at 660000 bpd refinery for weeks

Reliance Industries to shut key crude units at 660000 bpd refinery for weeks

Reliance Industries plans to shut a crude unit and related secondary units at its 660,000 barrels per day refinery for three to four weeks, starting around mid May. Scheduled maintenance later this month is timed after Nayara Energy’s planned return to operations, with the company citing efforts to avoid fuel shortages across India.

Summarised by Beize from a story on The Economic Times on 5 May 2026
TotalEnergies refinery ramps up diesel and jet fuel to shield France from supply shocks

TotalEnergies refinery ramps up diesel and jet fuel to shield France from supply shocks

France’s biggest refinery, TotalEnergies’ Gonfreville-l’Orcher site, is operating at full capacity as disruptions from a Middle East conflict tighten global oil supplies. The plant is increasing diesel and jet fuel output to meet domestic demand, with Paris relying heavily on its continuous processing of millions of tonnes of crude each year.

Summarised by Beize from a story on The Economic Times on 26 Apr 2026
India boosts cooking gas output as shortage bites and prices surge for households and firms

India boosts cooking gas output as shortage bites and prices surge for households and firms

India is facing a lingering cooking gas shortage as refineries ramp up production and fresh global supplies are sourced, including cargoes from the US. Authorities are urging households to shift to piped gas while tackling hoarding and price gouging. The disruption is already driving price hikes and pressuring businesses across the supply chain.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Russian oil curbs hit India Can Venezuelan crude realistically power refineries

Russian oil curbs hit India Can Venezuelan crude realistically power refineries

With Russian oil increasingly off-limits, India is looking at alternatives. Venezuelan crude from Caracas is tempting for cost reasons, but turning that promise into profit depends on navigating complex supply chains, pricing, sanctions risk, and refinery compatibility. The real question is whether volumes and economics can align quickly enough to matter.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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