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Mitsui O.S.K. Lines will operate ONGC''s ethane carriers for petrochemical feedstock import. Equity structure under discussion.

India initiates anti-dumping investigation into polyethylene imports from six countries due to alleged dumping by domestic industry. The probe will determine if duties are needed.

ONGC partners with Mitsui to build two very large ethane carriers for importing petrochemical feedstock to its subsidiary, OPaL, starting mid-2028.

Indian Oil Corporation (IOC) will invest Rs 61,077 crore in a mega petrochemical complex in Odisha, aiming to meet rising demand for petrochemicals and reduce import dependency.

ONGC plans to import ethane from 2028 to compensate for changes in Qatar LNG composition. The state-owned firm is seeking joint venture partners to build VLECs for ethane transport.

Malpani Pipes & Fittings Ltd sets IPO price band at Rs 85-90 per share. The Rs 26 crore issue opens on Jan 29 and will conclude on Jan 31. The company will be listed on BSE's SME platform.

BPCL has achieved financial closure for its Bina refinery expansion and petrochemical project, securing Rs 31,802 crore from a consortium of lenders led by SBI. The project aims to increase...

HPCL's new Barmer refinery in Rajasthan is set to commission by January 2025, adding 9 million tonnes of refining capacity to meet growing fuel demand in North India.