A number of refineries in Asia-Pacific are either halting operations or considering shutdowns given the uncertain outlook, including the Philippines’ Tabangao, Australia’s Geelong and New Zealand’s Marsden Point. Meanwhile, some refineries in India reduced runs as lockdowns were reimposed but others are ramping up throughput. ** Indian Oil Corp., the country’s largest state-run refiner, reduced the run rate to 75% at its nine refineries as many states reimposed lockdowns to combat the spread of the coronavirus pandemic, company officials said July 31. ** BPCL is currently running its Mumbai refinery at 60%-70% of capacity, and plans to keep operations steady at this level through August. Operations are steady to slightly lower by 5%-10% from July, when the refinery was running at around 70% of capacity. ** India’s Bharat Petroleum Corp. plans to gradually raise operations […]