{"id":632303,"date":"2024-01-31T10:20:14","date_gmt":"2024-01-31T04:50:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=632303"},"modified":"2024-01-31T12:52:04","modified_gmt":"2024-01-31T07:22:04","slug":"india-looks-to-expand-oil-refining-capacity-even-as-us-and-europe-see-a-decline","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-looks-to-expand-oil-refining-capacity-even-as-us-and-europe-see-a-decline\/","title":{"rendered":"India looks to expand oil refining capacity, even as US and Europe see a decline"},"content":{"rendered":"<p>The world is on the cusp of what\u2019s likely to be the last big refining boom as India embarks on a capacity expansion to accommodate the country\u2019s rising thirst for fossil fuels. <\/p>\n<p>The South Asian nation has set in motion a building blitz at its oil refineries to raise production of traditional transport fuels such as gasoline and diesel, which could lift capacity by more than 20% over the next five years. Rystad Energy puts the cost of additions at around $60 billion. <\/p>\n<p>It\u2019s a rare boost for a global refining industry that\u2019s in a state of decline in the US and Europe, while China\u2019s massive sector is adjusting to Beijing\u2019s green goals after years of development made it a processing powerhouse.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world is on the cusp of what\u2019s likely to be the last big refining boom as India embarks on a capacity expansion to accommodate the country\u2019s rising thirst for fossil fuels. The South Asian nation has set in motion a building blitz at its oil refineries to raise production of traditional transport fuels such as gasoline and diesel, which could lift capacity by more than 20% over the next five years. Rystad Energy puts the cost of additions at around $60 billion. It\u2019s a rare boost for a global refining industry that\u2019s in a state of decline in the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-632303","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=632303"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632303\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=632303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=632303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=632303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}