Search For "refining"
Fitch lowers risk for credit metrics of Indian oil marketing firms
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 16 (ANI): The sustained strength of marketing margins and recovering demand for petroleum products is supporting the profitability of India's oil marketing companies against weak gross refining margins (GRMs), thereby lowering downside risks for thei
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HPCL Q3 profit rises to Rs 2,355 crore, revenue down 3 pc
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 4 (ANI): Oil marketing major Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported a net profit at Rs 2,355 crore for the third quarter ended December 31, 2020.
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IndianOil's Q3 profit moves up to Rs 4,917 crore on rising sales
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 29 (ANI): Oil marketing firm IndianOil Corporation (IOC) said on Friday its net profit for December quarter more than doubled to Rs 4,917 crore from Rs 2,339 crore in the year-ago period.
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L&T Technology Services Wins USD 100 Million Plus Plant Engineering En
Updated : 5 years, 3 months ago IST
Bengaluru (Karnataka) [India], December 10 (ANI/BusinessWire India): L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced that it has been selected by a global O&G major to be the primary engineering partner to s
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L&T Tech Services wins $100 million plant engineering project from glo
Updated : 5 years, 3 months ago IST
Bengaluru (Karnataka) [India], December 10 (ANI): L&T Technology Services (LTTS) said on Thursday it has been selected by a global oil and gas major to be the primary engineering partner for supporting two integrated refining and chemicals manufacturing facilities in the United States.
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Need to rethink and reinvent Indian manufacturing: Mukesh Ambani
Updated : 5 years, 4 months ago IST
New Delhi [India], October 19 (ANI): Chairman of Reliance Industries, Mukesh Ambani on Monday said that India must rethink and reinvent manufacturing, like it did its refining and petrochemicals to make the country's manufacturing sector globally competitive.
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Fitch affirms Hindustan Petroleum at BBB-minus with negative outlook
Updated : 5 years, 5 months ago IST
Singapore, October 9 (ANI): Fitch Ratings has affirmed Hindustan Petroleum Corporation Ltd's (HPCL's) long-term foreign currency issuer default rating at BBB-minus with a negative outlook.
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Fitch affirms Bharat Petroleum at BBB-minus with negative outlook
Updated : 5 years, 6 months ago IST
Singapore, September 9 (ANI): Fitch Ratings has affirmed Bharat Petroleum Corporation Ltd's (BPCL's) long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.
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IndianOil net profit dips 40 pc in Q1 to Rs 2,227 cr
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 31 (ANI): Oil marketing firm IndianOil Corporation (IOC) on Friday posted 40 per cent year-on-year fall in its consolidated net profit at Rs 2,227 crore for the quarter June 30 as compared to a net profit of Rs 3,738 crore in Q1 FY20.
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Angre Port leases part of industrial land to Arjun Refineries
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 14 (ANI): Angre Port Pvt Ltd, the most sheltered all-weather port in Konkan region, has leased five acres of its industrial backup land to Arjun Refineries for setting up an edible oil refining-cum-packaging facility.
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Local oil refineries in Pakistan close as demand slumps during COVID-19 lo
Updated : 5 years, 11 months ago IST
Islamabad [Pakistan], April 1 (ANI): Attock Refinery Limited has closed down its largest plant, which is capable of refining a minimum of 26,000 barrels of crude oil per day (bpd), over the lack of demand in the country.
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IndianOil reports three-fold jump in Q3 profit at Rs 2,339 crore
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 30 (ANI): Oil marketing firm IndianOil Corporation (IOC) on Thursday reported a three-fold increase in its standalone net profit at Rs 2,339 crore during the third quarter of current fiscal as against Rs 717 crore in Q3 FY19.
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