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REFINERY TURNAROUND INVESTMENT
Essar Energy Transition posts record domestic sales at Stanlow refinery in 2025Essar Energy Transition achieved record domestic fuel sales in 2025 at its Stanlow refinery. Strong UK demand and an expanded supply networ...- Plans for Ratnagiri refinery being redrawn to make smaller units: Devendra FadnavisPlans for refining capacity in Ratnagiri are being restructured into smaller units, with potential collaborations from Saudi Aramco and ADN...
- BPCL to set up 240 MW renewable power facilities, to bid for industry tendersBPCL's focus is to cover a captive demand for its refineries, then focus on Scope 1 and 2 emissions comprising offset emissions from refini...
- 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.
- IOC to invest Rs 1 lakh cr to expand refining capacity: ChairmanTo cater to that demand surge, IOC is aggressively rolling out new projects. "These translate into refining capacity expansion of over 25 m...
- View: Covid-19 will hasten the demise of many oil refineriesWhen consumption of transport fuels collapsed this year because of coronavirus, much of the industry moved into survival mode, cutting proc...
- Core Sector puts up worst show in 14 years, shrinks 5.2% in SeptemberSeveral experts pointed out that the weak core sector output may not bode well for the second-quarter GDP growth, the numbers for which wil...
- Essar Oil UK to see rise in margins following refinery upgradationThe company has completed an efficiency enhancement programme, following which Stanlow Refinery's annual crude oil processing is projected ...
- Eight core sector growth rises to 3.6% in MayAnnual growth in refinery production rose 5.4 percent last month from 0.2 percent in April, while electricity production rose 6.4 percent o...
- Slick earnings show by oil marketing companies fire up the stocksReliance Industries and Indian Oil Corporation have reported a decline in gross refining margin (GRM) in the September quarter.
- Reliance Industries hits 7-year high; what should investors do?RIL is in the midst of executing its largest-ever capital expenditure plan, which experts think could fuel further price action in the stoc...
- Essar Oil to invest Rs 1,600 crore to upgrade refinery, boost GRM"Our 20 MMTPA Vadinar refinery is looking at earning an additional $1.50 on its Gross Refining Margin (GRM) on the back of Rs 1,600 crore o...
- Are these turnaround companies a good investment bet? Find outAmong the 1,052 companies that have reported results for the full year ending March 2016, 100 were able to turnaround in 2015-16.
- Essar Oil turns around loss-making Stanlow refineryWhen Barclays exited the commodity business, new long term arrangements were signed in July 2015 with J Aron & Company for inventory moneti...
- 'IIP growth reinforces economic turnaround'Led by growth in coal, cement and electricity sectors, the eight core industries grew by 5.8 % in August this year, as against 4.7 % last y...
- West Bengal ranks sixth in receiving investment proposalsA recent report published by Union ministry of commerce and industry indicates that Bengal already climbed to sixth position in India in re...
- Essar Energy to exit Kenya Petroleum RefineriesEssar Energy will exit Kenya Refinery by selling its 50% stake to the government of the African nation for $5 million.
- Doubling revenue in next four years: Linde IndiaIndustrial gases major Linde India, formerly known as BOC India, is targeting to double revenue in the next four years.
- Deceleration in GDP growth has bottomed out: Montek Singh AhluwaliaIndian economy grew at a nine-year low rate of 5.3 pc in January-March quarter in the last fiscal and also in the last fiscal at 6.5 pc.
- CPCL sees low refining margins, to cut operational costCPCL, a group company of Indian Oil, is seeing low refining margins in the current quarter as the demand for its products is still sluggish...
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