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After discovery of oil in the Assam state of India in late 1880s, the first oil refinery was set up at Digboi. Digboi Refinery was commissioned in 1901. [1] Following is a list of oil refineries in India, per the Petroleum Planning and Analysis Cell of the Ministry of Petroleum and Natural Gas, Government of India, [2] arranged in decreasing order of their capacity.
Digboi Refinery , Upper Assam, India's Oldest Refinery, 0.62 million tonnes per year [26] Guwahati Refinery , Noonmati, Guwahati, 1.0 million tonnes per year [27] Numaligarh Refinery (NRL), Golaghat District, 3.0 million tonnes per year [28] Barauni Refinery , near Patna, 6.0 million tonnes per year [29] Nelson Complexity Index 7.8 [30]
HPCL-Mittal Energy Limited (HMEL) is an Indian integrated refining and petrochemical company, with operations spanning crude oil refining and petrochemical manufacturing. It is a public-private partnership between fortune 500 company, Hindustan Petroleum Corporation Limited (HPCL) and Mittal Energy Investments Pte Limited (MEIL), a part of the Lakshmi N. Mittal Group.
India was the second top net crude oil (including crude oil products) importer of 205.3 Mt in 2019. [4] By March 2021, India's domestic crude oil production output fell by 5.2% and natural gas production by 8.1% in the FY21 as producers extracted 30.4917 Mt of crude oil and 28.67 BCM of natural gas in the fiscal year.
The completion of the RPL refinery has enabled Jamnagar to emerge as a 'Refinery land', housing the world's largest refining complex with an aggregate refining capacity of 1.24 million barrels (197,000 m 3) of oil per day, more than any other single location in the world. [4] The globally competitive RPL refinery was commissioned in 36 months.
Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the end of 2025, citing market concerns. The company said it will remain operating in the state.
India: $85 Billion 3 Netherlands: $72 Billion 5 Singapore: $57 Billion 6 South Korea: $50.9 Billion 7 United Arab Emirates: $50.3 Billion 4 Russia: $49.4 Billion 9 China: $48.4 Billion 8 Belgium: $45.2 Billion 10 Saudi Arabia: $36.7 Billion
In August BP plc (NYSE: BP) announced that it would sell its Carson, California, refinery to Tesoro Corp. (NYSE: TSO) for $2.5 billion. The sale was part of BP's effort to shed $38 billion in assets.