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CHENNAI PETROLEUM CORP LTD
Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
Ready to flex ethanol muscle, E100 gets road map to cut oil importsIndia is set to boost E100 flex fuel availability with 5,000 dispensing stations planned within two years. This initiative aims to signific...
Petrol, diesel prices hiked for second time in a week; rates increased by nearly 90 paisePetrol prices today: Petrol and diesel prices were raised by about 90 paise per litre on Tuesday, marking the second hike in less than a we...
JioBlackRock Flexi Cap Fund exits 3 AMC stocks, HAL, and 13 others in AprilJioBlackRock Mutual Fund’s Flexi Cap Fund completely exited 17 stocks in April, including AMC companies and Hindustan Aeronautics, while ad...
The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
India OMCs to pay discounted rates to refiners amid fuel price freezeIndian state-owned oil companies have decided to reduce the prices they pay refineries for petrol, diesel, and other fuels. This proactive ...
Chennai Petroleum Corp shares soar 16% on Rs 55 dividend, 72% QoQ PAT growthChennai Petroleum Corp had reported a PAT of Rs 365.28 crore in Q3FY24. On a year-on-year basis, the net profit plunged 38% versus Rs 1,012...
Indian Oil runs at full capacity on demand reboundIOC has been gradually raising crude runs at its plants, which plunged to about 39% at the beginning of April when a nationwide coronavirus...
Indian refiners cuts crude processing as fuel demand dips, margins fadeFuel demand in Asia's third largest economy had been rising since May from historic lows in April, when a nation-wide lockdown to stem the ...
Indian Oil says Iran has not ruled out participating in Chennai Petroleum expansionIndian Oil's chairman Sanjiv Singh said that Iran had not said no to participating in the expansion of Chennai Petroleum Corp Ltd, a south ...
Indian refiner cancels Iran oil importsIran's Naftiran Intertrade Co Ltd, a trading arm for state-owned National Iranian Oil Co, owns a 15.4 percent stake in Chennai Petroleum.
Indian Oil unit with Iranian investment plans $3 billion expansionIndia’s 23 plants have a total capacity of 230 million metric tons a year, while total fuel demand was 183.5 million tons during the financ...
Panel begins work on preparing blueprint for refinery exportsIndia has leapfrogged from a modest 62 million tons per annum refining capacity in 1998 to 232 MT at the end of March 31, 2016.
Oil Ministry wants Reliance Industries to stop sale of KG-D6 crude to JamnagarRIL, which sold MA crude to CPCL during first 5 years of production, earlier this year floated a tender for sale of 2.5 mn barrels of oil i...
- Buy Chennai Petroleum Corp Ltd at a target of Rs 82: Ashwani Gujral
"Chennai Petroleum Corp Ltd is a ‘BUY’ call with a target of Rs 82 and a stop loss of Rs 70."
- Engineers India bags Rs 670 crore contract
State-owned Engineers India Ltd today said it has bagged a Rs 670 crore contract from Chennai Petroleum Corp Ltd (CPCL).
- Insurers refuse to cover 15% in Chennai Petroleum Corp on Iran concerns
Iranian firm Naftiran Intertrade Company Ltd has 15.4% ownership of CPCL, where IOC holds 51.9% stake and balance is with financial institu...
- Indian Oil in talks with Dhamra port for LNG terminal
State-owned Indian Oil Corp (IOC) is in talks with L&T-Tata Steel-owned Dhamra Port Co Ltd for setting up a 5 million tons a year LNG termi...
- IOC beats Reliance to become nation's No.1 refiner
State-owned Indian Oil Corp (IOC) has surpassed Reliance Industries to regain its position as nation's biggest refiner after it completed e...
- Chennai Petroleum posts net loss of Rs 55.31 crore in Q1
The Chennai-based firm had in April-June quarter of the previous fiscal reported a net profit of Rs 304.72 crore.