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GUJARAT PETCHEM
DP World, Reliance Industries partner on innovative rail solutionDP World and Reliance Industries have introduced a rail logistics solution for the petrochemical industry, connecting Jamnagar to Mundra vi...- India to remain bright spot for petchem demand in 2025India is expected to be a significant market for petrochemicals in 2025, driven by demand from electric vehicles, solar panels, and househo...
- Adani Power shares in focus as SC agrees to hear appeal in Punjab State Electricity Regulatory Commission caseAdani Power's shares will be closely watched after the Supreme Court agreed to review its appeal against the Punjab State Electricity Regul...
- IOC to invest over Rs 21,000 cr in Bihar refinery expansion, city gas projectsIndian Oil Corporation (IOC) is investing over Rs 21,000 crore to upgrade its Barauni refinery in Bihar and establish a city gas distributi...
- Industry pitches for tax reduction, rationalisation of duty structure in BudgetDuring a pre-budget meeting with Finance Minister Nirmala Sitharaman, industry representatives urged for reduced indirect taxes and rationa...
- GSPL skids 19% after regulator halves HP Transmission tariffGSPL Share Price: PNGRB reduced the tariffs to ₹18.1/mmbtu (million British Thermal Unit), from the earlier price of ₹34/mmbtu. GSPL had as...
- GAIL, ONGC to look at importing ethane at Shell's Hazira terminalState gas utility GAIL (India) Ltd and oil producer ONGC have signed a tripartite memorandum of understanding (MoU) to explore opportunitie...
- Nayara Energy to start PP plant in first half of 2024Nayara Energy, India's second-largest private oil company, is set to enter the petrochemical sector with the operation of a new 4,50,000 to...
- ONGC to infuse Rs 15,000 cr in OPaL, edge out GAIL to take control of petchem firmOil and Natural Gas Corporation (ONGC) will invest approximately Rs 15,000 crore in ONGC Petro-additions Ltd (OPaL) as part of a financial ...
- Adani Group clarifies on Gujarat petchem project, says financial closure likely in 6 monthsThe Adani group said that it is hopeful of obtaining financial closure for the Mundra petchem project in Gujarat in next six months post wh...
- Over 50% drop in global LNG prices to spur demandAnticipating an increase in demand, liquefied natural gas (LNG) importers Gail India, Gujarat State Petroleum Corporation Ltd, Petronet LNG...
- Sanctions may delay Rosneft's India ops expansionRosneft owns a 49% stake in Nayara Energy, which operates a 20 million tonnes a year refinery in Gujarat and more than 6,000 fuel retail ou...
- Will these 3 gas distribution stocks crumble under competition and open access?The proposed regulations do not allow existing CNG outlets of state-run oil marketing companies (OMCs) in CGD areas to sell the fuel throug...
- Oil & gas set for a re-rating: UBSThe brokerage said RIL, BPCL, ONGC, and GAIL are its most favoured stocks.
- OMCs, upstream firms may see re-rating in 2020: UBSRefining margins are likely to recover due to International Maritime Organisation norms 2020 and Bharat Stage VI norms
- Go for quality IT and pharma stocks: Mayuresh Joshi, Angel BrokingThe TCV deals for top-tier IT names including Infosys, TCS, NIIT & MindTree are reasonable, says Joshi.
- Indian Oil to invest Rs 32,000 crore to ramp up petrochemical capacity by FY21This investment is part of the overall Rs 1.8 trillion capex planned for the next five to seven years, IOC chairman Sanjiv Singh said today.
- RIL gas output from KG-D6 likely to improve: UBSGas production from Krishna Godavari basin block has dropped to just over 12 mmscmd and RIL is carrying out workover on main Dhirubhai-1 an...
- 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...
- Bharat Petroleum keen on Bina Refinery IPO next fiscalBPCL owns 49 per cent or majority stake in the Rs 11,397-crore Bina Refinery with the rest being held by Oman Oil Company.
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