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OPAL PETROCHEMICAL COMPLEX
ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...- Japan's Mitsui to operate ONGC's ethane carriers; equity structure under discussionMitsui O.S.K. Lines will operate two very large ethane carriers for ONGC to import petrochemical feedstock for OPaL's Dahej facility, with ...
- ONGC signs pact with Japan's Mitsui for ethane carriersOil and Natural Gas Corporation (ONGC) collaborates with Japan's Mitsui OSK Lines. They will construct two very large ethane carriers. Thes...
- Gujarat emerges as India's 'petro capital'In the Vibrant Gujarat Global Summit (VGGS) held in 2019, a Memorandum of Understanding (MoU) worth Rs 3,000 crore was signed for a bio-ref...
- ONGC plans to invest Rs 1 lakh cr to set up 2 petrochemical plantsIndia's top oil and gas producer, ONGC, plans to invest approximately Rs 1 lakh crore in establishing two petrochemical plants to directly ...
- 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 ...
- ONGC scripts turnaround of subsidiaries, OPaL reports 1st profitOTPC, in which ONGC holds 50% stake, set up a 726.6 MW gas-based power plant in Tripura. The plant started operation in March 2014.
- Talks with Kuwait's PIC over petrochemical plant at Dahej remain inconclusive: ONGCPIC, a subsidiary of state-run Kuwait Petroleum Corp (KPC), was in talks to buy at least 26 per cent stake in ONGC Petro-additions Ltd.
- Oil and Natural Gas Corporation to commission Dahej petrochem plant by June 2015After the cost overrun, promoter equity contribution is now being pegged at Rs 8,558 crore, resulting in trimming of equity stake of GAIL a...
- Saudi Aramco plans to enter Indian oil sector, eyes 30% stake in OPaL ProjectThe proposed deal, currently at an advanced stage, will be mutually fruitful as Middle-East oil suppliers are looking for closer links in l...
- GAIL cuts stake in OPaL to 15.5 pcGAIL had in 2008-09 picked up 19% stake in ONGC Petro-additions Ltd which is building a mega petrochemical complex at Dahej in Gujarat.
- GAIL in pact with ONGC for buying natural gasGAIL India Ltd today said it has signed an agreement to buy all natural gas produced by Oil and Natural Gas Corp from its existing and new ...
- ONGC may rope in strategic partner for Dahej petrochem unitState-run Oil and Natural Gas Corp (ONGC) may rope in a strategic partner for its mega petrochemical plant before going for an initial publ...
- OPaL set to award contract projects in the next few monthsONGC Petro Additions Ltd (OPaL) is set to award the next round of multi million contract work in the next six months.
- ONGC in 2nd round talks with 3 for selling 25% stake in OPaLState-owned ONGC is talking to world's leading chemical firms, including Itochu Corp of Japan and the two UK-based companies -- Ineos and L...
- ONGC mulls IPO for Rs 12,440 cr plant, gives 19% stake to GAILONGC is planning an initial public offering of its subsidiary, which is building Rs 12,440 crore petrochemical plant at Dahej in 2011, even...
- ONGC arm awards $1.5-b contract to Samsung, German firmONGC Petro-addition (OPaL) - a subsidiary of state-owned Oil & Natural Gas Corp (ONGC) - has awarded a $1.5-bn contract for its ethylene pr...
- ONGC unit awards $1.5 bn ethylene project to Samsung EngineeringONGC Petro-addition Ltd (OPaL) has awarded a $1.5 billion contract for its ethylene project to the consortium of Samsung Engineering of Sou...
- ONGC eyes IPO route for plantONGC is considering selling up to 25% of the equity shares in ONGC Petro-additions Ltd, SPV formed for setting up the petrochemical complex...
- ONGC eyes IPO money for petrochem plantONGC is looking at an IPO of its subsidiary that is building a Rs 13,600-crore petrochemical plant at Dahej, closer to project completion i...
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