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LYONDELLBASELL OIL REFINERY
Closures, disposals reshaping the global petrochemical sectorGlobal petrochemical sector is undergoing a significant transformation with closures and disposals, particularly in Europe, due to rising c...
Global refiners falter in efforts to keep up with demandWorld fuel demand has rebounded to pre-pandemic levels, but the combination of pandemic closures, sanctions on Russia and export quotas in ...
Lyondellbasell to shut down Houston Oil refinery by the end of 2023In a recent announcement, Lyondell Bassel announced its plans to close the Houston Oil refinery by the end of 2023.
Dharmendra Pradhan discusses work prospects with LyondellBasell companyThe visit was preceded by a meeting with an overview of the US petrochemical industry by industry analysts from IHSMarkit, the UK-based org...
- Petroleum sector: Weak performance to keep investors away
Controlled retail prices amid high oil price globally will increase oilcos' under-recoveries. Rising global tensions could add to trouble.
Need to derisk, quest for tech led to RIL-BP dealWith this deal, Mukesh Ambani has emerged out of the shadows of his legendary father, showing the world that he is prepared to strike a pat...
- Refining: Q3 to ride high, but margins likely to soften
The last couple of months have been good for the refining industry globally, with margins improving due a spike in demand amid stagnant sup...
- RIL goes back to ONGC for Venezuelan oil block
After the $14.5-billion LyondellBasell takeover deal turned sour, Reliance Industries (RIL) has renewed talks with the ONGC-led consortium ...
- Reliance offer not sufficiently valuable: LyondellBasell
An offer from energy major Reliance Industries was not sufficiently valuable to LyondellBasell to abandon its reorganisation plan, Lyondell...
- LyondellBasell rejects Reliance Industries' takeover bid
Investors heave a sigh of relief as deal fizzles out, sending Reliance Industries shares on an upward spiral. No fire over fuel, Congress b...
- RIL may lose Lyondell bid, eye Canada company
Lyondell's creditors are now leaning towards the revival plan proposed by the current management. Prime Minister rules out rollback of fuel...
- Still in race, RIL may bid over $14.5 bn for LyondellBasell
Reliance is also evaluating stock and cash option for shareholders and creditors. Budget Buzz | CBI seeks Sibal details from oilmin | MNC s...
- Iran says it continues to import fuel from RIL
US Senators have proposed giving President Barack Obama the authority to impose sanctions against companies supplying gasoline to Iran. Sto...
- Refining industry: Woes not over yet unless prices ease
High crude oil prices, low demand and burgeoning inventory levels continue to haunt the global refining industry, which is witnessing a ste...
- RIL in deal with Colombian firm for deep water blocks
Reliance Industries, the country’s most valuable company, on Friay said its wholly-owned subsidiary Reliance Exploration and Production DMC...
- RIL stops gas by-product sales to Iran
Reliance Industries has since April stopped selling gasoline and gas oil to Iran in an apparent bid to escape sanctions by the US, where it...
- Essar Oil extends talks to buy Shell’s 3 European refineries
Essar Oil will continue negotiating with Royal Dutch Shell to acquire three of its European refineries, the company said on Monday without ...
- Reliance shares rise over 3 pct on LyondellBasell bid
Shares in Indian giant Reliance Industries rose nearly four percent Monday after it announced a cash bid to buy a controlling stake in bank...
- RIL closes in on big-bang overseas acquisition
The likely target is part of the assets owned by troubled petrochem major LyondellBasell. What are the Ambanis fighting for? | Gas row: Ful...