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DANGOTE 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...
From uncle's loan in 1977 to $36.8 billion today: The story of a quiet African titan reshaping global energy from LagosAliko Dangote is widely regarded as Africa’s richest businessman and one of the most influential industrialists in the world. His journey b...
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'...
Why UAE stepped away from OPEC amid Iran war and soaring crude oil pricesUnited Arab Emirates has announced it will exit OPEC and OPEC+ effective May 1, delivering a fresh shock to an already strained global ener...
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 ...
West Asia war to hit growth, trigger cascading impact: World Bank President BangaThe World Bank warns of significant global economic fallout from the West Asia conflict. Even a ceasefire will cause disruptions. If the wa...
Deepak Gupta takes over as GAIL chairmanDeepak Gupta has taken over as the new chairman and managing director of GAIL India Limited. He is a seasoned energy sector executive with ...
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...
Nigeria's Dangote taps India’s EIL to double refining capacity to 1.4 million bpdNigeria's Dangote has contracted Engineers India Ltd to double its refining capacity to 1.4 million barrels per day within three years. The...
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...
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...
EIL rallies over 5% on winning refinery contract in NigeriaEIL pared some of the morning gains but was still trading 2.8 per cent higher at Rs 312.75. It hit a low of Rs 310.80 and a high of Rs 322 ...
Engineers India wins $139 mn Nigerian contractEIL has won its largest ever overseas consultancy contract for a 20 million tonne oil refinery in Nigeria as it looks at markets abroad.
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...