From April, most petrochemicals have seen a price rise of 4-18 per cent; so have polymers, the raw material for plastic goods.
Algerian state energy company Sonatrach will focus on petrochemical deals to reduce the North African country’s fuel imports while boosting revenue, its chief executive said.
Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) on Friday reported a 25.1 per cent rise in net profit for the October-December 2017 quarter with higher profitability in petrochemicals and its telecom venture Jio reporting its first profit of Rs 5.04 billion.
The Centre for High Technology in association with Indian Oil Corporation will organise the 22nd Refining and Petrochemicals Technology Meet from January 13 to 15 here in Bhubaneswar.
Reliance Signs Agreement For The Sale Of Its Assets In The Marcellus Shale Play Of North-Eastern And Central Pennsylvaniat
Reliance Marcellus II, LLC, a subsidiary of Reliance Holding USA, Inc. (“Reliance”), and Reliance Industries Limited (“RIL”), announced the signing of agreements to divest all of its interest in certain upstream assets in north-eastern and central Pennsylvania.
India has invited French oil major Total SA to invest in the country`s oil and gas infrastructure, Oil Minister Dharmendra Pradhan said on Friday.
India’s state oil refiners – long focused on churning out transport and cooking fuels – are planning a $35 billion push into petrochemicals to meet an expected surge in demand for goods ranging from plastics to paints and adhesives.
Global oil demand could peak as early as 2024 if there are more efficiency gains in vehicles, greater market penetration by electric cars, lower economic growth and higher fuel prices, Goldman Sachs said in a research note on refining on Monday.
Reliance Industries to declare Q1 results today: Key focus on Reliance Jio, petrochemicals businessTelecom-to-oil conglomerate Reliance Industries (RIL) will announce its earnings for the quarter ended June post market hours today.
Reliance Industries Ltd’s shares have gained 52% in the last 52 weeks, giving huge bonanza to the investors in the heavyweight blue-chip company, helped by its investments in telecom, petrochemicals and retail businesses bearing fruit.