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PETROCHEMICAL COMPLEX FINANCING
Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...- Thailand revives $30 billion coast-to-coast corridor to rival Malacca StraitThailand plans a massive "Land Bridge" to connect the Andaman Sea and the Gulf of Thailand. This project aims to offer a new shipping route...
- Iran deal includes $300 billion fund, more than half of which already committed, source saysA significant $300 billion private investment fund is part of a U.S.-Iran framework agreement. More than half of this amount is already com...
- Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- BPCL shares in focus after inking Rs 31,802-crore loan deal with SBI consortium for Bina refinery expansion, petrochem projectBPCL signed a Rs 31,802 crore loan agreement with the SBI Consortium to fund the development of a petrochemical complex and refinery expans...
- BPCL executes a loan agreement of Rs 31,802 crore with State Bank of India Consortium, to finance projects planned at BinaBharat Petroleum has signed a Rs 31,802 crore loan agreement with the State Bank of India Consortium to finance a petrochemical complex and...
- Power Finance Corp provides Rs 9,187 cr finance to HPCL Rajasthan RefineryOn July 4, 2023 HRRL executed a loan agreement under a consortium arrangement for Rs 48,625 crore, wherein the share of PFC Ltd was Rs 9,18...
- Saudi Aramco plans $10 billion China oil refinery complex for 2026The project in Liaoning province's city of Panjin, expected to cost $10 billion, will be Aramco's second major refining-petrochemical inves...
- Nayara Energy achieves financial closure for foray into petrochemical bizIn 2019, Nayara Energy had first announced its plans to expand into petrochemicals at the Vibrant Gujarat Summit. "The company signed a fin...
- Russia approves Sinopec's participation in huge petrochemical projectThe Russian government has approved participation of China's Sinopec company in a large-scale petrochemical project, the government said in...
- Shrikant Vaidya to be the next chairman of IOCVaidya is currently director finance at IOC. He would be taking over from the current Chairman Sanjiv Singh, who will retire from the posit...
- GMR breaks ground for Greenfield commercial port near KakinadaThe Andhra Pradesh chief minister N Chandrababu Naidu laid the foundation stone for the port, which involves an outlay of Rs 3,000 crore.
- RIL secures $2.1 bn loan from US EXIM fpr $12-bn petrochemical complexWith this credit facility, RIL has raised $4.5 billion or half of the debts from export credit agencies of the US, Italy and Germany for it...
- US’ Export-Import Bank to extend $2.1 billion credit to Reliance IndustriesThe US’ Export-Import (Ex-Im) Bank has extended $2.1 billion credit to Reliance Industries.
- BPCL signs MOU with Kerala Government for a new petrochemical complexKerala Govt said it would extend incentives to BPCL's single largest investment of Rs 20,000 crore for its IREP.
- GAIL in SPV talks with oil majorsGAIL India has started talks with public and private sector oil companies, such as ONGC, Oil India, HPCL, Reliance Industries and Essar Oil...
- Excise pain for petro chemical companiesBudget 2008 has made it more difficult for export-oriented units (EOUs) to sell in the domestic market.
- GAIL, RIL sign MoU for petrochemical projectReliance Industries and state-run gas firm GAIL India joined hands to set up a multi-billion dollar petrochemical plant in gas-rich Middle-...
- LN Mittal group inks MoU for refinery in VisakhapatnamAfter forging a joint venture with HPCL to set up a refinery in Punjab, LN Mittal group has signed a memorandum of understanding (MoU) with...
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