Oil & gas
Singapore’s Trafigura Group in talks to buy a minority stake in Essar Oil
04 Jul 2016
Singapore-based commodities trader Trafigura Group is in talks to buy a minority stake in Essar Oil Ltd, in a deal that could value India’s second-largest private refiner at about $6.5 billion
Shell mulls selling ageing North Sea assets
04 Jul 2016
European energy giant Royal Dutch Shell is considering selling some of its ageing North Sea assets in the wake of continuing downslide in global oil prices
IOC-BPCL-HPCL combine to set up Rs30-bn refinery in Maharashtra
04 Jul 2016
The 60-million tonnes per annum refinery and a mega petrochemical complex will beat Reliance Industries as the largest single refinery in India
Oil struggles to maintain $50 mark as fears of output dip fade
30 Jun 2016
Oil prices fell today, with Brent struggling to hold $50 per barrel as fears over outages due to a strike in Norway faded and as Nigeria's production improved, even as the economic outlook deteriorated
RIL, IIP jointly develop benzene recovery process; file for patent
21 Jun 2016
Reliance Industries Ltd and Indian Institute of Petroleum have joined the league of technology pioneers for their new process for Benzene Recovery Unit, for which they have received several licensing the technology enquiries
