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GAIL MANGALORE PETROCHEMICALS
S K Sinha takes over as Director (Finance) of GAILGAIL (India) has appointed S K Sinha as its new Director (Finance), stepping into the role after a distinguished career spanning over three...- India scrambles for crude as Gulf war hits suppliesThe severe supply challenges reportedly forced state-run refiner Mangalore Refinery and Petrochemicals Ltd (MRPL) to shut a crude processin...
- GAIL re-engages process licensor for revival of Mangalore PTA plantGAIL (India) Ltd. has revitalized its plan to launch a PTA manufacturing plant in Mangalore. The state-owned gas utility has re-engaged INE...
- Oil companies fined for flouting board normsIn separate filings, the companies detailed the fines for either not having the requisite number of independent directors or the mandated w...
- GAIL India Q1 Results: Standalone net dives 51.5% YoY to Rs 1,412 crore as natural gas marketing dragsGAIL India has reported a 51.5% YoY drop in net profit largely due to weak earnings in the petrochemicals business and gas marketing. Despi...
- GAIL infuses Rs 2,100 crore in JBF PetrochemicalsGAIL, India's largest gas company, has infused INR 2,100 crore ($283.7m) in JBF Petrochemicals Ltd, a private sector chemical company it ac...
- ONGC plans to invest Rs 1 lakh crore by 2030 to boost petchem capacityONGC's plan is part of the larger government thrust to help India emerge as a major petrochemical hub in the world. ONGC's plans are likely...
- Bankruptcy court approves Gail India’s resolution plan for JBF PetrochemicalsThe sale of JBF Petrochemicals will equate to a 41% recovery for financial creditors. The resolution professional, Sundaresh Bhat, backed b...
- GAIL to take over debt-laden JBF Petrochemicals in a rare deal for a PSUThe letter of intent was issued on Sunday, following which Gail has to deposit 10% of its bid value or about Rs 200 crore as bank guarantee...
- ONGC-Indian Oil, GAIL and MCPI submit bids for bankrupt JBF PetroThree others - Reliance Industries (RIL), a consortium of HPCL-Mittal Energy and BC Jindal Group's Jindal Poly Films - which had submitted ...
- ONGC, Indian Oil to make joint bid for JBF PetrochemicalsET had first reported on May 27 that Reliance Industries, HPCL-Mittal Energy, Jindal Poly Films, Gail, Jindal Power, MCPI Ltd, and a consor...
- RIL, HPCL-Mittal Energy, Jindal group among JBF Petro suitorsSeparately, 98% of the lenders of JBF Industries exited by selling their loan exposure to CFM ARC last year. Listed JBF Industries does not...
- For Gail, recovery is on the cards: Why it is stock pick of the weekGail is in the process of implementing several pipelines. Since 70% of its revenues come from three main pipelines, divestment of any of th...
- Stock pick of the week: Why GAIL India can be a good bet for long-term investorsExpected growth in transmission volumes because of the ongoing ramp-up in the natural gas ecosystem will benefit GAIL. This and other plus ...
- ONGC chief D K Sarraf says no plans to list overseas arm, JVsThe oil and gas behemoth, in which the government holds 69 per cent stake and is on the block for a five per cent divestment soon, has five...
- Kuwait keen to buy stake in ONGC petrochemical plantsKuwait Petroleum Corp has shown interest in buying stake in ONGC's several petrochemical plants.
- RIL, IOC, GAIL-OIL to bid for HPL stake on October 7Reliance Industries, IOC and GAIL-OIL combine are likely to bid for buying West Bengal government's 31 per cent stake in the beleagured HPL.
- Gas price hike is positive for all upstream companies: BC Tripathi, GAILThe increase in gas prices will help us increase the domestic gas production. It will help us make more investment in upper stream.
- Kakinada chosen as a petrochem investment regionWhile a Group of Ministers debates on the policy for petroleum and petrochemical investment regions, the government has mooted an additiona...
- PSU oil firms to anchor petrochem investment areasAfter SEZs, it is the petrochemicals, petroleum and chemicals investment regions (PCPIRs) for oil companies.
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