Union Minister of Petroleum and Natural Gas and Skill Development and Entrepreneurship, Shri Dharmendra Pradhan, led a delegation to Tokyo, Japan from 17-18 October 2017 to participate in LNG Producer- Consumer Conference.
Aluminium major Nalco is planning to set up two joint ventures – one with US-based Almex and another with Russia’s Rusal – at the upcoming Angul Aluminium Park in Odisha, a senior company official said.
Godawari Power & Ispat hit 5% upper circuit at Rs 130.20 at 9:58 IST on BSE after the company said that it received additional 28,700 metric tonnes of long-term coal linkage in coal linkage auction concluded on 16 October 2017 by Coal India.
Asia is set to ramp up crude oil imports from the United States in late 2017 and early next year, with buyers searching out cheap supplies after hurricanes hit U.S. demand for the commodity at a time of rising production in the country.
Mentha oil prices were up 1.10 per cent to Rs 1,252 per kg in futures market today as speculators enlarged their positions due to pick up in demand from consuming industries in the domestic spot market.
Buoyed by higher margins from its core refining and petrochemical businesses, oil-to-telecoms conglomerat Reliance Industries today reported a 12.5% increase in second-quarter consolidated net profit at Rs 8,109 crore as compared with last year’s figure of Rs 7,206 crore.