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REFINERY NEWS ROUNDUP: Mixed run rates in Asia-Pacific | Hellenic Shipping News Worldwide


REFINERY NEWS ROUNDUP: Mixed run rates in Asia-Pacific
The BPCL Mumbai refinery on the west coast of India is currently running at full capacity even as partial lockdown has been introduced in many parts of the western region. It recorded a 118% run rate in March compared with 116% a year ago, while the run rate for 2019-20 (April-March) was 95%, compared with 115% in 2019-20, reflecting the impact of lockdown in 2020.
However, India’s Reliance Industries Ltd. in March ran at 84% at its two refineries at the Jamnagar integrated refinery complex, down from 96% a year earlier, with overall runs still to attain pre-pandemic levels. In March, the domestic refinery ran at 101%, compared with 108% a year earlier, while the export-focused refinery ran at 69%, from 84% in the year-ago month. ....

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A Notable Investor Planning to Divest Shares from Byco Industries Incorporated


A Notable Investor Planning to Divest Shares from Byco Industries Incorporated
One of the notable investors of Byco Petroleum Limited intends to divest its 22 percent shareholding from the integrated oil refining and retailer giant, according to a notification submitted to Pakistan Stock Exchange (PSX) on Tuesday.
According to the stock filing, IGCF Oil and Gas Limited (previously known as IGCF), one of the shareholders of Byco Industries Incorporated (BII), is planning on reducing its indirect equity investment in Byco Petroleum Pakistan Limited (BPPL) held through BII.
Accordingly, as per arrangements agreed with IGCF, BII intends to divest up to 22 percent shares of BPPL. ....

Byco Petroleum , Pakistan Stock Exchange , Byco Petroleum Pakistan Limited , Byco Industries Incorporated , Byco Petroleum Limited , Gas Limited , பயகா பெட்ரோலியம் , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , பயகா பெட்ரோலியம் பாக்கிஸ்தான் வரையறுக்கப்பட்டவை , பயகா பெட்ரோலியம் வரையறுக்கப்பட்டவை , வாயு வரையறுக்கப்பட்டவை ,