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DANGOTE PETROLEUM REFINERY
BHEL secures order worth over Rs 2,000 crore from Nigerian firmBharat Heavy Electricals Limited has won a significant contract worth Rs 2,000 to Rs 2,500 crore. The order comes from Nigeria's Dangote Pe...
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
Nigerian airlines avert shutdown as Mideast war hikes fuel pricesNigerian airlines continued flying on Thursday despite threatening a shutdown over sky-high jet fuel prices roiling the industry in Africa'...
Nigerian airlines threaten to halt flights over soaring jet fuel pricesNigerian airlines are threatening to halt all flight operations from April 20 if jet fuel prices are not reduced. The Airline Operators of ...
India’s EIL secures $350M contract for Africa’s biggest Dangote refineryEngineers India Ltd has secured a pivotal contract exceeding USD 350 million for the extensive expansion of the Dangote Refinery and Petroc...
Africa’s Croesus Aliko Dangote inspired by Reliance; now seeks to rival Jamnagar refineryNigerian multi billionaire businessman, also the richest in Africa is hero to some and monopolist to others. He is seeking India Inc’s help...
Oil prices ease on surprise build in US crude stockpiles, OPEC+ to consider output hikeOil prices dipped about 1% to a two-week low due to a surprise increase in U.S. crude inventories and expectations that OPEC+ may raise out...
Refiners Reliance and Nayara tap India's drivers as export markets tightenIndia's private refiners, Reliance Industries and Nayara Energy, are shifting focus to domestic fuel sales due to squeezed global profit ma...
Stocks in news: RIL, Bharti Airtel, Vedanta, Tata Power, LupinIndian benchmark indices plummeted almost 3% on Monday amid global market shocks and concerns over a US economy slowdown. RIL, Bharti Airte...
Niche focus, robust orders make JNK India a better long-term betThe company’s order book has grown six-fold in the past three fiscal years. The company's order bid size has consistently expanded, which h...
Oil heads for seven-week decline for first time in five yearsBoth benchmarks slid to their lowest since late June in the previous session, a sign that many traders believe the market is oversupplied. ...
Engineers India Ltd expects more orders from Middle East - chairperson"There is an upside to increasing production before energy transition kicks in and we want to capture that opportunity, and that opportunit...
Oil edges up on supply worries, G7 pledge to enforce Russian price capsOil prices increased slightly on Monday due to a weaker dollar and supply cuts made by Canada and OPEC+ producers. Brent crude futures rose...
Stocks in news: Infosys, Pfizer, Axis Bank, FTIL, Ranbaxy, MCXTraders must use upmove in the market as an opportunity to reduce long positions, say analysts. Here are stocks that are likely to be in ac...
EIL enters Nigerian refinery and petrochemical sector with a mega projectEIL reached an understanding with Dangote Group in Nigeria for PMC and EPCM services for implementing a petroleum refinery and polypropylen...
African tycoon to build $3.3 billion refinery in NigeriaForbes ranks Dangote as Africa's richest man with an estimated wealth of USD 16.1 billion. His companies also produce flour, cement and sug...
- Mittal loses Nigeria refinery bid
India-born billionaire Lakshmi Niwas Mittal, who wants to make it big in oil after forming the world's largest steel empire, has lost a bid...