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ETHANE CRACKER
Reliance Industries shares down over 15% from peak. Can Q4 results, Jio IPO turn things around?Reliance Industries Ltd is heading into a crucial Q4 earnings week after its stock fell 15% from its peak, erasing about Rs 3.37 lakh crore...- JPMorgan finds Reliance Industries share valuation comfortable but flags O2C as uncertain spotJPMorgan maintains an Overweight rating on Reliance Industries. The brokerage sees comfortable relative valuation for RIL. Near-term outloo...
- 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...
- India eyes ending import tax on US ethane and LPG in trade talks, sources sayIndia is considering removing import taxes on Ethane and LPG from the United States. This move is part of broader trade negotiations with W...
- ONGC plans foray into ethane carrier business, seeks partnerIndia’s ONGC is seeking joint venture partners to build very large ethane carriers for transporting feedstock to its petrochemical plant. T...
- Cracker of an expansion: Nayara's $8 bn petrochemical planNayara Energy, backed by Rosneft, plans to invest ₹68,000 crore to set up a 1.5 mtpa ethane cracker at its refinery in Vadinar, Gujarat. Th...
- Reliance Industries’ unit plans over $500 million offshore loanIt is in talks with a group of foreign banks for a loan of 12-15 years, people familiar with the matter said, asking not to be identified a...
- BPCL adds fuel to capex fire, hires I-bank for Rs 31,000 crore loanBharat Petroleum Corp Ltd has mandated SBI Capital Markets to arrange a Rs 31,000 crore loan for the planned capital expenditure at its Bin...
- GAIL announces Rs 60,000 crore ethane capexGail India plans to set up a 1500 KTA ethane cracker project in Madhya Pradesh, with an investment of Rs 60,000 crore. Ethane, a component ...
- Gail may line up Rs 50,000 crore capex in big petrochemical betGail (India) intends to invest up to ₹50,000 crore in constructing a 1.5 million tonnes per annum ethane cracking unit at Sehore, Madhya Pr...
- 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...
- GAIL plans $4.9 billion ethane cracker in West India: SourcesGAIL (India) Ltd, the country's top gas supplier, plans to build a 400-billion rupee ($4.89 billion) ethane cracker near its liquefied natu...
- GAIL imitates Reliance with US ethane plansGAIL has a petrochemical plant at Pata, near Kanpur in Uttar Pradesh, and is also looking to set up another unit at Usar in Maharashtra. Th...
- RIL gets green nod for Rs 2,338 cr expansion project in Maharashtra"The environment clearance has been given to the RIL's expansion and de-bottlenecking of petrochemical project at Nagothane," a senior Envi...
- RIL's backward integration to boost petrochemical marginsRIL is the first company in the world that has started large-scale ethane import.
- RIL gets green nod for Rs 13,250 crore Dahej unit expansion projectThe estimated cost of the project is Rs 13,250 crore. A budget of Rs 400 crore will be kept aside for environment protection and conservati...
- RIL set to sign $600 million pact with Samsung Heavy Industries for six ethane carriersA very large ethane carrier is a hybrid of a liquefied natural gas (LNG) carrier and a liquefied petroleum gas (LPG) carrier.
- Reliance Industries to save $450 million/year by importing ethane from USReliance Industries will save about $450 million annually by importing 1.5 million tons ethane from US for its petrochemical plant, says a ...
- Reliance to import 1.5 million tonnes of ethane a year from USThe company has executed storage and capacity agreements for liquefaction and export of ethane with a North American terminal.
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