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Reliance To Get First Oil Cargo From Abu Dhabi-Based Trading Arm In December
Billionaire Mukesh Ambani-backed Reliance group in October announced plans to set up Reliance International Ltd to trade in crude oil, petroleum, petrochemical products and agricultural commodities.
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Biggest Foreign Investment In Reliance History: Mukesh Ambani On New Deal
Reliance Industries Ltd is set to sell a 20 per cent stake in its oil to chemicals business to Saudi Aramco in one of the largest ever foreign investments in the country, Reliance Chairman Mukesh Ambani said on Monday."(This is) the biggest foreign investment in the history of Reliance," Mr Ambani said at the company's annual general meeting in Mum...
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Chennai Petroleum Arm To Benefit If Merged With Parent: Indian Oil
IOC's chairman said the company had previously merged its fuel retail subsidiary IBP Ltd and refiner Bongaigaon Refinery and Petrochemical Ltd with itself. Chennai Petroleum operates two refineries in southern India.
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Indian Refineries Owe Over $2 Billion Oil Dues To Iran: Petroleum Minister
Four Indian refiners had outstandings of $6.11 billion in May, 2016 when formal banking channels were opened with Iran after nearly four years. They came down to $2.55 billion as on November 15 after public sector refiners paid most of their dues to Iran, the oil minister said.
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Mangalore Refinery Delays Hydrocracker Restart
Mangalore Refinery and Petrochemicals had shut units including a 1.2-million-tonnes a year hydrocracker for maintenance last month.
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Oil Imports From Iran Surge To Highest In At Least 15 Years
The country's daily oil imports from Iran in August surged to their highest in at least 15 years as the Organization of Petroleum Exporting Countries (OPEC) producer boosted its shipments to recoup market share ceded to rivals Saudi Arabia and Iraq under pressure from economic sanctions.
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MRPL To Raise Rs 3,000 Crore Via Debentures
Mangalore Refinery & Petrochemicals Ltd (MRPL) will raise up to Rs 3,000 crore by way of issuing non-convertible debentures (NCDs).
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MRPL To Shut Secondary Units In September-October For Maintenance: Report
Mangalore Refinery and Petrochemicals Ltd (MRPL) plans to shut its gas oil hydro-desulphuriser and a hydrocracker next month for maintenance, two industry sources said.
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ONGC, HPCL May Sell Stake In MRPL To Meet Public Holding Norms
State-owned Oil and Natural Gas Corp (ONGC) and Hindustan Petroleum Corp Ltd (HPCL) may sell a part of their stake in Mangalore Refinery and Petrochemicals Ltd (MRPL) to comply with regulations on minimum public holding.
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Indian Oil, MRPL Make $330 Million Iran Payment Via Germany-Based EIH Bank
Domestic refiners Indian Oil Corporation (IOC) and Mangalore Refinery and Petrochemicals Ltd (MRPL) have made a second tranche payment using Germany-based EIH bank to help clear past oil dues to Iran.
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Reliance Industries Shuts Down Some Dahej Plant Units
Reliance Industries Ltd on Tuesday said it has shut down some units of its Dahej petrochemical plant in Gujarat following water shortage.
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MRPL To Shut Crude, Diesel Units At Refinery From April 1: Report
Mangalore Refinery and Petrochemicals Ltd will shut a crude unit that can process 180,000 barrels of oil per day (bpd) for a about a week from April 1 for maintenance, a source with knowledge of the matter said.
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Iran Wants Indian Refiners to Pay Oil Dues in Euros: Report
Iran has asked Indian refiners such as Essar Oil and MRPL (Mangalore Refinery and Petrochemicals Ltd) to clear its past oil dues amounting to over $6 billion in euros within six months.
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RIL May Post 10% Earnings Growth in FY16: Brokerages
Reliance Industries Ltd (RIL) is likely to post growth of 10 per cent in earnings this fiscal year on strong refining and petrochemical margins, analysts and leading brokerages said on Monday.
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GAIL Q1 Profit Down 32% at Rs 424 Cr
State-owned gas utility GAIL India Ltd on Thursday reported a 32 per cent drop in net profit at Rs 424.14 crore for the quarter ended June 2015, on account of a drop in LPG and petrochemical production and lower prices.
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Reliance To Get First Oil Cargo From Abu Dhabi-Based Trading Arm In December
Billionaire Mukesh Ambani-backed Reliance group in October announced plans to set up Reliance International Ltd to trade in crude oil, petroleum, petrochemical products and agricultural commodities.
-
Biggest Foreign Investment In Reliance History: Mukesh Ambani On New Deal
Reliance Industries Ltd is set to sell a 20 per cent stake in its oil to chemicals business to Saudi Aramco in one of the largest ever foreign investments in the country, Reliance Chairman Mukesh Ambani said on Monday."(This is) the biggest foreign investment in the history of Reliance," Mr Ambani said at the company's annual general meeting in Mum...
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Chennai Petroleum Arm To Benefit If Merged With Parent: Indian Oil
IOC's chairman said the company had previously merged its fuel retail subsidiary IBP Ltd and refiner Bongaigaon Refinery and Petrochemical Ltd with itself. Chennai Petroleum operates two refineries in southern India.
-
Indian Refineries Owe Over $2 Billion Oil Dues To Iran: Petroleum Minister
Four Indian refiners had outstandings of $6.11 billion in May, 2016 when formal banking channels were opened with Iran after nearly four years. They came down to $2.55 billion as on November 15 after public sector refiners paid most of their dues to Iran, the oil minister said.
-
Mangalore Refinery Delays Hydrocracker Restart
Mangalore Refinery and Petrochemicals had shut units including a 1.2-million-tonnes a year hydrocracker for maintenance last month.
-
Oil Imports From Iran Surge To Highest In At Least 15 Years
The country's daily oil imports from Iran in August surged to their highest in at least 15 years as the Organization of Petroleum Exporting Countries (OPEC) producer boosted its shipments to recoup market share ceded to rivals Saudi Arabia and Iraq under pressure from economic sanctions.
-
MRPL To Raise Rs 3,000 Crore Via Debentures
Mangalore Refinery & Petrochemicals Ltd (MRPL) will raise up to Rs 3,000 crore by way of issuing non-convertible debentures (NCDs).
-
MRPL To Shut Secondary Units In September-October For Maintenance: Report
Mangalore Refinery and Petrochemicals Ltd (MRPL) plans to shut its gas oil hydro-desulphuriser and a hydrocracker next month for maintenance, two industry sources said.
-
ONGC, HPCL May Sell Stake In MRPL To Meet Public Holding Norms
State-owned Oil and Natural Gas Corp (ONGC) and Hindustan Petroleum Corp Ltd (HPCL) may sell a part of their stake in Mangalore Refinery and Petrochemicals Ltd (MRPL) to comply with regulations on minimum public holding.
-
Indian Oil, MRPL Make $330 Million Iran Payment Via Germany-Based EIH Bank
Domestic refiners Indian Oil Corporation (IOC) and Mangalore Refinery and Petrochemicals Ltd (MRPL) have made a second tranche payment using Germany-based EIH bank to help clear past oil dues to Iran.
-
Reliance Industries Shuts Down Some Dahej Plant Units
Reliance Industries Ltd on Tuesday said it has shut down some units of its Dahej petrochemical plant in Gujarat following water shortage.
-
MRPL To Shut Crude, Diesel Units At Refinery From April 1: Report
Mangalore Refinery and Petrochemicals Ltd will shut a crude unit that can process 180,000 barrels of oil per day (bpd) for a about a week from April 1 for maintenance, a source with knowledge of the matter said.
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Iran Wants Indian Refiners to Pay Oil Dues in Euros: Report
Iran has asked Indian refiners such as Essar Oil and MRPL (Mangalore Refinery and Petrochemicals Ltd) to clear its past oil dues amounting to over $6 billion in euros within six months.
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RIL May Post 10% Earnings Growth in FY16: Brokerages
Reliance Industries Ltd (RIL) is likely to post growth of 10 per cent in earnings this fiscal year on strong refining and petrochemical margins, analysts and leading brokerages said on Monday.
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GAIL Q1 Profit Down 32% at Rs 424 Cr
State-owned gas utility GAIL India Ltd on Thursday reported a 32 per cent drop in net profit at Rs 424.14 crore for the quarter ended June 2015, on account of a drop in LPG and petrochemical production and lower prices.
