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ONGC to invest ₹15,000 crore in OPaL to take majority control; GAIL to sit out

ONGC currently holds 49.36 per cent stake in OPaL, which operates a mega petrochemical plant at Dahej in Gujarat. GAIL (India) Ltd has 49.21 per cent interest and Gujarat State Petrochemical Corp (GSPC) has the remaining 1.43 per cent, according to the report.

India , Dahej , Gujarat , India-ltd , Gujarat-state-petrochemical-corp , Ongc , Gail-shares , Opal , Ongc-stake , Oil-and-natural-gas-corporation , Petchem

Bursa Malaysia in positive territory boosted by Petchem

KUALA LUMPUR, March 30 — Bursa Malaysia recovered losses to finish higher boosted mainly by Petronas Chemicals. Overall, mild bargain hunting can be seen across sectors except...

China , Malaysia , Beijing , Kuala-lumpur , Sdn-bhd , Bintai-kinden , Pak-leng , Sapura-energy , Services-index , Energy-index , Financial-services-index , Maxis

PETRONAS nine-month earnings soar

Petroliam Nasional Bhd (PETRONAS) saw its net profit jump 120% to RM77.2bil while revenue rose 58.3% to RM271.3bil in the first nine months of 2022.

South-africa , Kuala-lumpur , Malaysia , Azerbaijan , Malaysian , South-african , Gentari-sdn-bhd , Petroliam-nasional-bhd , Petronas-dagangan-bhd , Tengku-muhammad-taufik , South-east-asia , Datuk-tengku-muhammad-taufik

Fire Breaks Out at Sinopec Shanghai Petrochemical Plant

A fire broke out at a Sinopec Shanghai Petrochemical Co. Ltd. plant in Shanghai early on Saturday, killing ...

China , Shanghai , Jinshan , Sichuan , Sinopec , Sinopecshanghai-petrochemical-co , Xinhua , Sinopecshanghai-petrochemical , Fire , Petchem , The-epoch-times

PetChem buys Perstorp in RM10.5bil deal

KUALA LUMPUR: Petronas Chemicals Group Bhd (PCG) has announced the landmark acquisition of the entire equity interest in Perstorp Holding AB for RM7.018bil cash.

Kuala-lumpur , Malaysia , Mohd-yusri , Asia-pacific , Mohd-yusri-mohamed-yusof , Perstorp-holding , Petronas-chemicals-group-bhd , Perstorp-group , Petronas-chemicals-group , Corporate-news , Petronas-chemicals , Pcg

Petronas Chemicals posts best quarterly performance, net profit at RM2bil in 4Q21

KUALA LUMPUR: Petronas Chemicals Group Bhd (PCG) posted its strongest quarterly performance in the fourth quarter ended Dec 31, 2021 (4Q21) since its incorporation and Bursa Malaysia listing in 2010.

Kuala-lumpur , Malaysia , Kedah , Kelantan , Gurun , Mohd-yusri , Mohd-yusri-mohamed-yusof , Petronas-chemicals-group-bhd , Petronas-chemicals-group , Bursa-malaysia , Asia-pacific , Corporate-news