India to boost crude oil refining capacity by 35-40 MT by Fiscal 2030: Crisil Ratings

Sep 29, 2024

India's oil marketing companies (OMCs) are expected to increase the country's crude oil refining capacity by 35-40 million tonnes (MT) by the end of...

Duty reduction on crude edible oils beneficial for both refiners, consumers: CareEdge

Jun 22, 2025

On May 30, 2025, the government announced a reduction in the Basic Customs Duty (BCD) on key imported crude edible oils -- Crude Palm...

Industry body urges Centre to allow futures trading in crude palm, soybean oil

Nov 25, 2024

Edible oil industry body has once again requested the government to reconsider resuming futures trading in internationally traded commodities like crude palm oil and...

OPEC's global crude output share could fall from 35% to 31% without UAE: EIA

Jun 24, 2026

The United Arab Emirates' (UAE) exit from OPEC has reduced the group's share in global crude oil production and production capacity, according to data...

First on Brahmaputra, over-sized cargo vessels with machinery sailed for NRL’s expansion

Jul 28, 2023

NRL is the largest refinery in northeast India, with a capacity of 3 million metric tonnes per annum (MMTPA) and is currently implementing a...

Centre reduces standard rate of duty on edible oils

Sep 11, 2021

New Delhi [India], September 12 : The Centre on Saturday reduced the standard rate of duty on crude palm oil, crude soyabean oil to...