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Adani s petrochemical plant inches closer to getting a ₹17,000-cr lifeline from SBI-led consortium

Fuel price cuts may be moderate, impact on OMC margins minimal

Fuel price cuts may be moderate, impact on OMC margins minimal
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Cheap Russian oil helps India widen petro product exports

India has expanded its export markets for refined petro products in the past year, thanks to discounted Russian oil following the Ukraine war. The increase was significant in the cases of Argentina, Ecuador, Egypt, Iraq, Mauritius, Nigeria and Sudan

Rising fuel prices: Will OMCs end up picking the tab? - The Hindu BusinessLine

Rising fuel prices: Will OMCs end up picking the tab? - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

BPCL to consider 100% ownership of Bina refinery

BPCL to consider 100% ownership of Bina refinery FE Bureau © Provided by The Financial Express The BPCLstock closed at Rs 398.7 on the BSE on Tuesday, falling 1.74% over Monday s closing. Clearing the decks for the privatisation process, state-run oil refiner and marketer BPCL on Tuesday said the company’s board would on Wednesday take a call on buying a 36.6% equity share in Bharat Oman Refineries (BORL) - the unit that runs the 7.8 million tonne Bina refinery - from OQ S.A.O.C (formerly known as Oman Oil Company). BPCL already owns the majority 63.4% stake in BORL. Sector experts believe the acquisition of the remaining stake will smoothen the divestment process of the government’s 52.98% stake in the oil marketing firm.

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