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PETROCHEMICAL UNIT
- Hormuz crisis lifts ONGC oil business, squeezes petrochemical unit as feedstock costs surgeThe financial landscape for ONGC's petrochemical unit OPaL is alarming, as it faces considerable losses amid skyrocketing naphtha and gas p...
China’s new oil refining technology could cut energy use by 91% — here’s how scientists are turning crude oil into valuable products more efficientlyChinese scientists have developed a new molecular refining method. This technique may significantly reduce energy consumption in oil proces...- Trump calls on Ukraine to halt strikes on Russian diesel, saying attacks are causing a shortageUkrainian drones struck Russian oil facilities, causing civilian casualties and damage. Russia launched retaliatory drone attacks on Ukrain...
- Counting Rs 4 lakh crore loss in RIL? Dangote refinery listing in Nigeria could trigger a 30% rallyReliance Industries could see a re-rating of its oil-to-chemicals business as the planned Dangote Petroleum Refinery listing provides a glo...
- In 2021, Victoria used 2,100 tons of recycled road base to rebuild the Hume Freeway. 5 years later, its 850-metre stretch had turned waste into a longer-lasting road tooPlastic bags and glass bottles usually end up in the trash. In Australia, some became part of a highway instead. Engineers rebuilt an 850-m...
- Indian states step up Gulf investor push as UAE becomes gateway to global marketsSeveral Indian states are actively seeking investments from the United Arab Emirates. They are offering customized incentives and industria...
- Why isn't oil above $100 despite supply disruptions?Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf expo...
- These large- and mid-cap stocks can give more than 20% return in 1 year, according to analystsThe Indian market was under pressure on Thursday, particularly at the index level. Rising crude-oil prices are an obvious concern, but dome...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20%We normally don’t dwell on F&Os in this space. However, it is good to know that, in the current circumstances, an upmove in the indices and...
- ONGC to enter oil trading, build strategic reserves as upstream remains coreONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...
- What we know about Trump's deal giving US access to vast oil reserves in VenezuelaThe United States and Venezuela have announced a significant oil deal. This agreement grants America a stake in Venezuela's vast oil reserv...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 31%When the Indian market will start to recover in any real sense is still an open question. But one positive is that the broader market indic...
- Tehran will 'send Netanyahu to hell', Iran's security chief Rezaei says; warns of severe confrontationIranian security chief Mohsen Rezaei has warned of a severe confrontation with the US if the blockade of Iranian ports continues, threateni...
- GAIL plans major expansion in gas, petrochemicals and clean energy, says chairmanGAIL plans pipeline expansion and diversified LNG sourcing for energy security. The company is scaling up petrochemicals and LPG infrastruc...
- Some Indian refiners, a global energy major plan to avoid Iran-blacklisted ships amid Hormuz riskIndian refiners and a global energy major will avoid Iran's blacklisted ships. This decision stems from security concerns over vessels cros...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20% in one year, as per analystsWhen the stock market is hit by a mix of head and tail winds, it is probably the right time to look at stocks from sectors witnessing struc...
- Trump's 'Operation Economic Outcast' against Iran also includes four India-based companies over alleged linksThe United States has sanctioned four India-based companies over their alleged involvement in Iran-related petroleum and petrochemical trad...
- Trump will have to risk pain to make new Iran sanctions truly biteThe United States is unveiling new sanctions against Iran today. These measures aim to cripple Iran's economy by targeting its oil sales. C...
- India, Gulf bloc discuss next steps on free trade agreementIndia and the Gulf Cooperation Council reviewed free trade agreement negotiations in Riyadh. Discussions focused on strengthening bilateral...
- Indian Oil close to signing LPG import deal with Algeria's Sonatrach for 2027: SourcesIndian Oil Corp has finalized a deal with Algeria's Sonatrach for LPG imports. This agreement will supply one very large gas carrier monthl...
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