In separate filings, the companies detailed the fines for either not having the requisite number of independent directors or the mandated w...

GAIL 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, 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'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...

The sale of JBF Petrochemicals will equate to a 41% recovery for financial creditors. The resolution professional, Sundaresh Bhat, backed b...

The 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...

Three others - Reliance Industries (RIL), a consortium of HPCL-Mittal Energy and BC Jindal Group's Jindal Poly Films - which had submitted ...

ET had first reported on May 27 that Reliance Industries, HPCL-Mittal Energy, Jindal Poly Films, Gail, Jindal Power, MCPI Ltd, and a consor...

Separately, 98% of the lenders of JBF Industries exited by selling their loan exposure to CFM ARC last year. Listed JBF Industries does not...

Gail is in the process of implementing several pipelines. Since 70% of its revenues come from three main pipelines, divestment of any of th...

Expected growth in transmission volumes because of the ongoing ramp-up in the natural gas ecosystem will benefit GAIL. This and other plus ...

The 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 Petroleum Corp has shown interest in buying stake in ONGC's several petrochemical plants.

Reliance Industries, IOC and GAIL-OIL combine are likely to bid for buying West Bengal government's 31 per cent stake in the beleagured HPL.

The increase in gas prices will help us increase the domestic gas production. It will help us make more investment in upper stream.

While a Group of Ministers debates on the policy for petroleum and petrochemical investment regions, the government has mooted an additiona...

After SEZs, it is the petrochemicals, petroleum and chemicals investment regions (PCPIRs) for oil companies.