A massive investment plan of $6.6 billion (or Rs 430 billion) by Taiwan’s state-owned petroleum & natural gas company, CPC Corporation, in the country’s eastern coast at Paradip has bumped into a hurdle at the stage of project conception.
The Indian Oil Corporation Limited (IOCL) on Thursday blamed marine fishing boats for oil spills that have contaminated water bodies near Atharbanki on the outskirts of Paradip.
Odisha’s efforts to draw downstream investors for its PCPIR (Petroleum, Chemicals & Petrochemicals Investment Region) has suffered a jolt with the Indian Oil Corporation Ltd (IOCL), which is the anchor tenant for the hub, citing constraints in supplying ethylene.
Shares of Kalpataru Power Transmission rose 3.7 percent in the early trade on Monday as company bagged an orders worth Rs 1,463 crore.
Petrol price in India today: After keeping petrol prices unchanged on previous day, the state-owned Oil Companies on Thursday, decided to hike the price of the product by 3 paisa per litre in various state capital of India. The state-owned oil companies have limited to room to deduct prices of petrol,
Gadkari’s Highway Village Project Sees Good Response From Bidders, Driving Could Soon Be A Smoother Affair
Union Minister for Road Transport and Highways Nitin Gadkari’s ambitious ‘Highway Village’ project has seen a good response with bidders eyeing at least 21 out of 34 sites, reports Mint.
MRPL is hosting the 38th Inter Unit PSPB Bridge Tournament at its premises at Mangaluru from March 21 to 24. The tournament was inaugurated on Wednesday, March 21 at MRPL Employees Club by M Venkatesh, director (Refinery), MRPL.
The refining capacity in the western part of the country is likely to touch 242 million tonne per annum (mtpa) almost double the capacity of 121.4 mtpa.
Indian Oil Corporation (IOCL) gained 5% to Rs 419 on BSE in intra-day deal after the company’s board recommended bonus shares in the ratio of 1:1 i.e. one equity share for one exiting equity share held.
Petrol pump expansion by state-owned oil marketing companies may grind to a halt in the next few months after the last of the dealerships built as part of an expansion that began in 2014 go on stream.