Ril Refinery
BPCL to invest Rs 1,400 cr to set up sustainable aviation fuel facilities
The company operates three refineries located in Mumbai, Kochi, and Bina (Madhya Pradesh), with collectively refining capacity of 35.3 million metric tonnes per annum
 "BPCL to invest Rs 1,400 cr to set up sustainable aviation fuel facilities")
State-owned BPCL planning to set up new refinery worth Rs 50,000 crore
The state-run oil marketing company will invest around Rs 50,000 crore in the project and is currently assessing locations in three states - Andhra Pradesh, Uttar Pradesh, and Gujarat
 "State-owned BPCL planning to set up new refinery worth Rs 50,000 crore")
RIL, Sun Pharma, HDFC Bank, BHEL among 11 stocks to monitor on May 22
At 7:09 AM, GIFT Nifty futures indicated a modest uptick of 25 points, trading at 22,626 against Nifty futures
 "RIL, Sun Pharma, HDFC Bank, BHEL among 11 stocks to monitor on May 22")
India's gas target of 15% was only aspirational. Time to give it up?
While several bankers and analysts have projected the difficulty of reaching this number, it is important to figure out where the target of 15 per cent came from
 "India's gas target of 15% was only aspirational. Time to give it up?")
Windfall tax: RIL's refining margins to be hit by upto $8/bbl, say analysts
The government has imposed a sharp windfall tax of Rs 13 per litre on diesel exports and Rs 6 per litre on gasoline exports
 "Windfall tax: RIL's refining margins to be hit by upto $8/bbl, say analysts")
After Morgan Stanley and JP Morgan, now Jefferies turns bullish on RIL
RIL is a key beneficiary of energy inflation, with every $1 per barrel improvement in annualised refining margins adding an estimated $400-450 million to RIL's consolidated Ebitda, Jefferies said
 "After Morgan Stanley and JP Morgan, now Jefferies turns bullish on RIL")
Reliance Industries recasts Jamnagar unit to grow in hydrogen space
The refinery off-gases produced from this project earlier served as fuel
 "Reliance Industries recasts Jamnagar unit to grow in hydrogen space")
RIL, BP commence fuel retailing JV, to start re-branding petrol pumps
The new joint venture also looks to provide electric vehicle charging and other low carbon solutions over time
 "RIL, BP commence fuel retailing JV, to start re-branding petrol pumps")
RIL says core business has got 'demand-side shock' due to coronavirus
The company listed the pandemic as internal risks in its letter of offer for its upcoming rights issue.
 "RIL says core business has got 'demand-side shock' due to coronavirus")
RIL-Saudi Aramco 15-bn deal unlikely to close by March 31: CFO V Srikanth
The deal, aimed at cutting its massive debt and secure an assured supply of crude oil to its refineries, was expected to be closed by March 31, 2020
 "RIL-Saudi Aramco 15-bn deal unlikely to close by March 31: CFO V Srikanth")
Saudi Aramco defends hold on coveted Indian oil market with Reliance tie-up
Aramco's plan to buy 20% of the oil-to-chemicals business of Reliance comes with an assurance to buy half a million barrels a day of the kingdom's crude on a long-term basis
 "Saudi Aramco defends hold on coveted Indian oil market with Reliance tie-up")
Why Mukesh Ambani's 'cautious actions' could be a bad sign for the economy
Why is Ambani hitting the brakes on a seven-year, $100 billion investment spree across refining, petrochemicals, telecom and retail?
 "Why Mukesh Ambani's 'cautious actions' could be a bad sign for the economy")
Crude impact: Integrated model may aid RIL growth, despite refining woes
For the September 2018 ended quarter, RIL reported a gross refining margin of $9.5 per barrel
 "Crude impact: Integrated model may aid RIL growth, despite refining woes")
