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FY25 begins with marginal growth in refining volumes
Indian refiners processed 21.6 million tonnes of crude oil in April, registering only a marginal 1% increase from the corresponding period of last fiscal, data from the Petroleum Planning and Analysis Cell showed. The processed volumes, however, came on a par with the government’s target of 21.2 million tonnes. Of the total volumes, government-owned oil public sector undertakings and joint ventures processed 14.5 million tonnes last month, while private refiners processed 7.1 million tonnes of the total crude oil. The country’s downstream companies processed 2.2 million tonnes of indigenous crude oil of the 2.4 ... (full story)