┬áRefiners need to boost competency in petrochemicals, renewables, hydrogen Expanding products portfolio key to diluting risk from volatile global markets Diesel, jet fuel exports gain speed as economies open up after the pandemic India’s refining sector needs to adopt a dual approach of diversifying into petrochemicals and alternate fuels, as well as improve efficiency of its oil business amid stricter emission norms, to meet the challenges of the changing energy landscape, the head of the Federation of Indian Petroleum Industry told S&P Global Commodity Insights in an interview. Receive daily email alerts, subscriber notes & personalize your experience. Register Now FIPI’s Director General Gurmeet Singh said that the post-pandemic recovery in oil products demand, both in the domestic and export markets, had opened up a window of opportunity for Indian refiners to grow sales volumes sharply and make up for the volume losses of the past two years. […]