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BPCL-Kochi refinery ships first consignment of acrylic acid to Gujarat, Maharashtra
April 15, 2021
Products from the complex will result in savings of ₹4,000 crore of foreign exchange
The first parcel of the Niche Petrochemicals produced in the new Propylene Derivatives Petrochemical Complex of Bharat Petroleum Corporation Limited was flagged off from Kochi Refinery.
This marks a milestone in the petrochemical sector of the country since niche petrochemicals are being produced and marketed in ‘world scale economic size capacity’ for the first time in the country.
The first parcels of Acrylic Acid is transported in ISO Containers to Gujarat and Maharashtra for different industries.
OIL-NRL partnership: A synergy for mutual growth & energy security
The OIL (Oil India Limited) and NRL (Numaligarh Refinery Limited) together is all set to a pivotal role in contributing towards fulfilling the vision of ‘Act East Policy’
| 14 April 2021 1:39 AM GMT
GUWAHATI: The OIL (Oil India Limited) and NRL (Numaligarh Refinery Limited) together is all set to a pivotal role in contributing towards fulfilling the vision of Act East Policy , said OIL CMD (Chairman & Managing Director) and NRL Chairman Sushil Chandra Mishra in the presence of NRL Managing Director S.K Barua while addressing the media here on Tuesday.
Mishra pointed out, The Central Government and the State Government have laid huge emphasis on the Act East Policy with focus on creating long-lasting business relations with the neighbouring countries on the North Eastern frontiers of our country. OIL and NRL have a very special place in the hearts of the people of Assam where both the companies have
OIL acquires majority shares in Assam’s Numaligarh Refinery Limited
Updated:
Updated:
April 14, 2021 13:22 IST
Oil India Limited now has 80.16% stakes in the Numaligarh Refinery, often referred to as Assam Accord Refinery as its establishment was one of the conditions of the 1985 Assam Accord.
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The Numaligarh refinery in Assam.
| Photo Credit:
The Hindu Archives
Oil India Limited now has 80.16% stakes in the Numaligarh Refinery, often referred to as Assam Accord Refinery as its establishment was one of the conditions of the 1985 Assam Accord.
A ‘local’ oil exploration major has acquired more than 80% stakes in an Assam refinery which germinated in an anti-foreigners movement more than 40 years ago.
Crude imports: US oil is cheaper for India than the one from Dubai
Crude imports: US oil is cheaper for India than the one from Dubai
Going By The Market Reports, The US Crude Oil Is $2 Per Barrel Cheaper To India Compared To The Most Imported Crude From Dubai.
News Nation Bureau | Edited By : Tahir Qureshi | Updated on: 03 Oct 2017, 09:30:55 AM
New Delhi:
Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Limited (BPCL) have placed orders for 2 million barrels of crude from the US and the first shipment of US crude oil arrived at Paradip Port in Odisha on Monday which is one of the first shipments to India since the US stopped oil exports in 1975.