Oil refinery

Utilisation rates, already low at 50-70%, may decline further if operations cut back

Lack of dollar inflows, rupee free fall restrict crude imports

It will offer tax exemptions, other incentives for upgrading processing plants

Islamabad asks what will be quantity, payment method from Moscow

Fire broke out in an underground line of the National Oil Refinery during work

Capital to be injected into plant upgrades, deep-conversion refinery

Company chairman says civil works and delivery of equipment have been initiated

Videos shared on social media show huge flames engulfing the facility, while a large explosion can also be heard

Firms slashed output by 35% in spring as lockdowns destroyed travel need

Sets minimum efficiency benchmarks for captive power plants