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Oil ioc may get numaligarh

Oil ioc may get numaligarh

State-owned oil and gas explorer Oil India (OIL) and the Assam government may acquire Bharat Petroleum Corporation's entire 61 per cent stake in the Numaligarh Refinery (NRL), retaining the public OIL, IOC may get Numaligarh refinery as govt 'wants to keep it' with a PSU. 5 Air Strips to Come up on China Border Next Month. LIC HFL invests Rs. 150 cr in projects of Karda arm. Orient Cement calls off Rs. 2,000 cr deal to acquire 2 units from Jaypee. Leap Green Energy to raise $250 m for capacity expansion. Shares of state-run oil firms OIL, IOC tanked on Thursday morning, after reports that they may get BPCL 's Numaligarh refinery post privatisation. OIL India share price slumped by more than 1% to Rs 150.10, while IOC share price lost more than 1% to hit the day's low at Rs 128.45 on BSE. Under NRL’s proposed refinery expansion project, a 28 inch diameter, 1400-km crude oil pipeline of one mtpa capacity will be laid for transporting six mtpa of imported crude oil from Paradip Port in Odisha to Numaligarh in Assam. The MoU provides for utilizing IOCL’s spare capacity of existing SPMs (Single Point Mooring) at Paradip. OIL may pick up BPCL's stake in Numaligarh Refinery. an integrated OIL-NRL operations could later be considered for merger with Indian Oil Corporation (IOC) to create a large integrated oil and gas company on the line of Oil and Natural Gas Corporation (ONGC) that acquired HPCL last year. State-owned oil and gas explorer Oil India (OIL) and the Assam government may acquire Bharat Petroleum Corporation's entire 61 per cent stake in the Numaligarh Refinery (NRL), retaining the public sector character of the Assam-based entity. Get more Companies News and Business News on Zee Business. IOC, OIL shares trade flat after reports that they may get Numligarh refinery Shares of state-run oil firms OIL, IOC tanked on Thursday morning, after reports that they may get BPCL's Numaligarh

20 Feb 2020 The Bharat Petroleum Corporation (BPCL), which has 61.65 percent confident that this can be done concurrently with BPCL if not earlier.

Under NRL’s proposed refinery expansion project, a 28 inch diameter, 1400-km crude oil pipeline of one mtpa capacity will be laid for transporting six mtpa of imported crude oil from Paradip Port in Odisha to Numaligarh in Assam. The MoU provides for utilizing IOCL’s spare capacity of existing SPMs (Single Point Mooring) at Paradip. OIL may pick up BPCL's stake in Numaligarh Refinery. an integrated OIL-NRL operations could later be considered for merger with Indian Oil Corporation (IOC) to create a large integrated oil and gas company on the line of Oil and Natural Gas Corporation (ONGC) that acquired HPCL last year. State-owned oil and gas explorer Oil India (OIL) and the Assam government may acquire Bharat Petroleum Corporation's entire 61 per cent stake in the Numaligarh Refinery (NRL), retaining the public sector character of the Assam-based entity. Get more Companies News and Business News on Zee Business. IOC, OIL shares trade flat after reports that they may get Numligarh refinery Shares of state-run oil firms OIL, IOC tanked on Thursday morning, after reports that they may get BPCL's Numaligarh

By Subhash NarayanNew Delhi, Nov 25 (IANS) State-owned oil and gas explorer Oil India Ltd (OIL) may take over Bharat Petroleum Corporation’s entire 61 per cent stake in Numaligarh Refinery, retaining the public sector character of the Assam-based entity. Privatisation of Bharat Petroleum Corporation Ltd (BPCL), which currently has majority holding in Numaligarh Refinery, has …

13 Dec 2019 Indian Oil Corporation Ltd. (IOCL) and Oil India Limited (OIL) are in the stake in BPCL would be done without NRL, Finance Minister Nirmala 

Shares of state-run oil firms OIL, IOC tanked on Thursday morning, after reports that they may get BPCL 's Numaligarh refinery post privatisation. OIL India share price slumped by more than 1% to Rs 150.10, while IOC share price lost more than 1% to hit the day's low at Rs 128.45 on BSE.

26 Jan 2020 Going by this, BPCL's stake in OIL may be worth over Rs 8,000 crore, be considered for merger with Indian Oil Corporation (IOC) to create a 

16 Jan 2020 Indian Oil Corp (IOC), the country's biggest oil firm, will decide on bidding to buy It, however, will be sold after carving out Numaligarh Refinery from its We have to wait for details before IOC can take any decision," he said.

Shares of state-run oil firms OIL, IOC tanked on Thursday morning, after reports that they may get BPCL 's Numaligarh refinery post privatisation. OIL India share price slumped by more than 1% to Rs 150.10, while IOC share price lost more than 1% to hit the day's low at Rs 128.45 on BSE. Under NRL’s proposed refinery expansion project, a 28 inch diameter, 1400-km crude oil pipeline of one mtpa capacity will be laid for transporting six mtpa of imported crude oil from Paradip Port in Odisha to Numaligarh in Assam. The MoU provides for utilizing IOCL’s spare capacity of existing SPMs (Single Point Mooring) at Paradip.

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