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Oil Ministry working on proposal to merge MRPL with HPCLThe idea of the MRPL-HPCL merger had been floated soon after ONGC acquired HPCL from the government five years ago but made little progress...- Orissa metaliks' revival plan for MSP approvedThe dedicated bankruptcy court has approved a revival plan submitted by Orissa Metaliks (OMPL) for the integrated steel manufacturer MSP Me...
- Bankruptcy court okays Orissa Metaliks’ revival plan for MSP MetallicsMSP Metallics' owed more than Rs 1,500 crore to its financial lenders. SBI holds 37.2% voting rights in the committee of creditors, while l...
- ONGC appoints Pomila Jaspal as the Director (Finance) and CFOGovernment-owned oil and gas explorer and producer Oil and Natural Gas Corporation (ONGC) has appointed Pomila Jaspal as the Director (Fina...
- Mangalore Refinery to acquire bonds worth up to Rs 1,000 cr of subsidiaryThe company board also discussed raising of funds by issuance of perpetual bonds and advised the management to have further consultations w...
- Sell MRPL, target price Rs 43: Motilal OswalMangalore Refinery And Petrochemicals Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 9060.94 Crore) o...
- ONGC's plan to merge MRPL with HPCL may have to wait till FY24Sources said that the process of merging ONGC's two oil refining subsidiaries, Hindustan Petroleum Corp Ltd (HPCL) and Mangalore Refinery a...
- Sell MRPL, target price Rs 22: ICICI DirectMangalore Refinery And Petrochemicals Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 4854.70 Crore) o...
- Fuel demand, work on sites to reach pre-Covid level by December: HPCL Chairman Mukesh Kumar Surana“Petrol demand is already at pre-Covid levels; diesel demand is expected to reach those levels by the end of the current quarter. Diesel de...
- HPCL may use mix of shares, cash & oil bonds to buy MRPLThe final nature of the deal and the payment plan will be worked out once the boards of HPCL and MRPL approve the proposal to merge.
- MRPL falls 4% on reports company may shut crude unit for one weekThe stock fell 3.62 per cent to hit a low of Rs 61.25 on BSE. A total of 44 thousand stocks have changed hands so far, compared with a two-...
- MRPL records Rs 406 crore net profitMRPL has posted a net profit of Rs 406 crore in the first quarter of 2015-16 as against a loss of Rs 36 crore during the corresponding prev...
- MRPL to acquire Rs 6,400-crore petrochemical plant in KarnatakaMangalore Refinery and Petrochemicals Ltd (MRPL) today said it will take over a USD 1 billion petrochemical plant adjacent to its refinery ...
- MRPL raises stake in ONGC Mangalore Petrochemicals to 46%The company, a subsidiary of Oil and Natural Gas Corp (ONGC), bought some 25,000 equity shares of Rs 10 each from mostly employees.
- 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...
- Mangalore Refinery And Petrochemicals rallies 6% on reports of merger plans with OMPLAs per media reports, the PSU firm has appointed consultancy firm Deloitte to come up with a fair valuation of OMPL.
- MRPL plans expansionONGC's subsidiary MRPL is all set to expand into a 21 MMTPA refinery with a Pet coke Gasification Unit and an LAB (Linear Alkyl Benzene) un...
- ONGC signs MoU for Mangalore LNG terminalThe first phase of the terminal will cost USD 500-750 million (Rs 2,800 to 4,200 crore) and is expected to be completed in 3-4 years.
- Venezuelan oil co may buy stake in ONGC-MRPLVenezuelan government-owned oil major, Petroleos De Venezuela, is likely to buy stake in ONGC Mangalore Petrochemicals, which is promoted b...
- ONGC seeks $1 bn loan for Mangalore petrochemical projectState-run Oil and Natural Gas Corp on Wednesday said it will borrow USD 1 billion to fund its proposed Rs 6,400 crore aromatic petrochemica...
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