Chennai Petroleum Corporation Ltd

Spanning 10 years, the agreement entails CESL and HPCL to jointly undertake setting up of EV charging points in Mumbai, Delhi NCR, Bengaluru, Hyderabad, Chennai, Kolkata and Pune.

Power 99 can withstand the rise in temperature during the compression stroke that allows for superior combustion, which makes it apt for performance cars and motorcycles, as well as for racing.

The company said that its board has given approval to setting up of a Rs 27,460 crore refinery by its subsidiary, Chennai Petroleum Corp Ltd.

IOC's chairman said the company had previously merged its fuel retail subsidiary IBP Ltd and refiner Bongaigaon Refinery and Petrochemical Ltd with itself. Chennai Petroleum operates two refineries in southern India.

Chennai Petroleum Corp Ltd may shut one of the three crude units at its 210,000 barrels per day (bpd) Manali refinery in the flood-hit Tamil Nadu, Managing Director Gautam Roy told Reuters on Wednesday.

Shareholders of CPCL have decided to increase authorised share capital of the company from Rs 400 crore (40 crore shares of Rs 10 each) to Rs 1,400 crore, the company said in a regulatory filing.

Essar Oil Ltd will shut its 400,000 barrels-per-day (bpd) Vadinar refinery from the middle of September for a month, while Chennai Petroleum Corp Ltd will put a 1.85 million tonnes-per-year hydro-cracker plant on maintenance from July 19, officials said.

The Board of CPCL on Saturday decided to increase the authorised share capital of the company from Rs 400 crore (40 crore shares of Rs 10 each) to Rs 1,400 crore, the company said in a stock exchange filing.

The firm currently holds 51.89 per cent in CPCL, while the other promoter, Iran's Naftiran Inter Trade Company Ltd, owns 15.40 per cent, according to the Bombay Stock Exchange website.

The government may dip into Reliance Industries Ltds incremental gas price hike revenue, accruing in a pool account, to recover its dues in the wake of the contractor failing to meet certain KG-D6 output targets.

In its response to a clarification sought by the exchange that it may merge with IOCL, the company said IOC chairman B Ashok "merely" observed that among the various options being examined for improving the performance of CPCL, "the possibilities of merger with IOCL were also being evaluated".

State-owned Indian Oil Corporation's board has cleared the Rs 5,150-crore Ennore-LNG Terminal project to be set up jointly with the Tamil Nadu government, a top official said on Wednesday.

The Oil Ministry is considering ordering Reliance Industries to stop selling KG-D6 crude oil to its Jamnagar refinery and instead sell it to Chennai Petroleum Corp Ltd (CPCL) at lower rates.

In a setback to the Oil Ministry, gas utility GAIL India Ltd and refiner Chennai Petroleum Corp Ltd (CPCL) have expressed their inability to deduct $115 million from the amount due to Reliance Industries to make up for the additional profit petroleum from the flagging KG-D6 block.

Indian Oil Corp (IOC), the country's largest oil firm, plans to increase processing of cheaper crude oil varieties to 30 per cent by 2017-18 as part of its efforts to improve margins.

Spanning 10 years, the agreement entails CESL and HPCL to jointly undertake setting up of EV charging points in Mumbai, Delhi NCR, Bengaluru, Hyderabad, Chennai, Kolkata and Pune.

Power 99 can withstand the rise in temperature during the compression stroke that allows for superior combustion, which makes it apt for performance cars and motorcycles, as well as for racing.

The company said that its board has given approval to setting up of a Rs 27,460 crore refinery by its subsidiary, Chennai Petroleum Corp Ltd.

IOC's chairman said the company had previously merged its fuel retail subsidiary IBP Ltd and refiner Bongaigaon Refinery and Petrochemical Ltd with itself. Chennai Petroleum operates two refineries in southern India.

Chennai Petroleum Corp Ltd may shut one of the three crude units at its 210,000 barrels per day (bpd) Manali refinery in the flood-hit Tamil Nadu, Managing Director Gautam Roy told Reuters on Wednesday.

Shareholders of CPCL have decided to increase authorised share capital of the company from Rs 400 crore (40 crore shares of Rs 10 each) to Rs 1,400 crore, the company said in a regulatory filing.

Essar Oil Ltd will shut its 400,000 barrels-per-day (bpd) Vadinar refinery from the middle of September for a month, while Chennai Petroleum Corp Ltd will put a 1.85 million tonnes-per-year hydro-cracker plant on maintenance from July 19, officials said.

The Board of CPCL on Saturday decided to increase the authorised share capital of the company from Rs 400 crore (40 crore shares of Rs 10 each) to Rs 1,400 crore, the company said in a stock exchange filing.

The firm currently holds 51.89 per cent in CPCL, while the other promoter, Iran's Naftiran Inter Trade Company Ltd, owns 15.40 per cent, according to the Bombay Stock Exchange website.

The government may dip into Reliance Industries Ltds incremental gas price hike revenue, accruing in a pool account, to recover its dues in the wake of the contractor failing to meet certain KG-D6 output targets.

In its response to a clarification sought by the exchange that it may merge with IOCL, the company said IOC chairman B Ashok "merely" observed that among the various options being examined for improving the performance of CPCL, "the possibilities of merger with IOCL were also being evaluated".

State-owned Indian Oil Corporation's board has cleared the Rs 5,150-crore Ennore-LNG Terminal project to be set up jointly with the Tamil Nadu government, a top official said on Wednesday.

The Oil Ministry is considering ordering Reliance Industries to stop selling KG-D6 crude oil to its Jamnagar refinery and instead sell it to Chennai Petroleum Corp Ltd (CPCL) at lower rates.

In a setback to the Oil Ministry, gas utility GAIL India Ltd and refiner Chennai Petroleum Corp Ltd (CPCL) have expressed their inability to deduct $115 million from the amount due to Reliance Industries to make up for the additional profit petroleum from the flagging KG-D6 block.

Indian Oil Corp (IOC), the country's largest oil firm, plans to increase processing of cheaper crude oil varieties to 30 per cent by 2017-18 as part of its efforts to improve margins.