US
Pushes for inking deals with companies to increase output, produce clean fuels
Contend local stocks are available, only products in deficit should be imported
Amended policy guarantees 7-year protection for refineries upgrading plants
Suffer huge losses in export of furnace oil as domestic demand dips
Many companies are making heavy investment to ramp up business
Ask govt to defer their implementation, resolve matter first
Industry official stresses on bailout package, fortnightly pricing to avoid oil crisis in future
May face shutdown if furnace oil supply remains suspended
Installation of hydrocracking units may take months or more than a year
UAE firm will set up, invest $5b in the 100,000-bpd refinery in Hub
Stocks have swelled as domestic demand goes down sharply
ECC approves summary moved to withdraw increase in duty on sale of diesel