Chennai Petroleum Corporation

CLOSING BELL: Reliance Industries, Wipro, IndusInd Bank, Axis Bank, Tech M, Tata Steel, Maruti Suzuki, and M&M were the top Sensex gainers, rising between 0.5 per cent and 1.2 per cent

The Rs 31,580 Crore refinery complex will cater to the petroleum products demand of the Southern region of India and provide impetus for economic development of the region

The total gross revenue of 255 operating CPSEs during FY21 was Rs 24.26 trillion as against Rs 24.58 trillion in the previous year, showing a decrease of 1.30%

Joint venture formed to implement 9 MMTPA refinery project at Cauvery Basin Refinery

Chennai Petroleum Corp said it had cut crude processing by a quarter at its 201,000 barrels per day Manali refinery, following an order by the Tamil Nadu state pollution control board

A senior officer with the TNPCB while speaking to IANS said, "We have received complaints from residents of Jyothi Nagar in Tiruvattiyor and in Manali areas. We are monitoring the air quality

Export taxes on petrol are likely to see the steepest reduction, while levies on diesel and jet fuel could also be lowered to adjust the impact of price declines

MRPL, Chennai Petroleum and Hindustan Oil Exploration soared around 8 per cent each. Oil explorers - Oil India and ONGC also logged smart gains in an otherwise weak market.

Oil prices tumbled about 5 per cent to a three-week low on Friday, as investors feared that interest rate hikes from major central banks could slow the global economy and cut demand for energy.

The rise in the Singapore gross refining margin (GRM) to a record high of $25.2 a barrel bodes well for Indian refiners as they process raw crude into refined products.

In Q4FY22, CPCL reported four-fold jump in its consolidated net profit at Rs 1,002 crore as against Rs 242 crore in Q4FY21.

On Thursday, April 28, 2022, investor Dolly Khanna bought 1 million equity shares representing 0.67 per cent stake in Chennia Petroleum at Rs 263.15 per share on the NSE.

The average gross refining margins (GRM) were healthy mainly due to favourable increase in prices of crude and products

Revenue drops to Rs 9,732.90 cr from Rs 12,191.97 cr; firm says demand for fuel products was lower during the current half year due to Covid related lockdown

The project would be an integrated state-of-the art modern refinery cum petrochemical complex, including a propylene unit to start with, Vaidya said

CPCL has undertaken a project to use natural gas as an internal fuel, replacing the existing liquid material such as fuel oil and naphtha, at an estimated cost of Rs 421 cr

Lower demand for crude oil and petroleum products had impacted the prices and refining margins of the company

IOCL and CPCL to jointly hold 50% stake in JV, rest to come from financial, strategic and public investors

Cabinet to take a call soon; IOC product pipeline not to be part of new arm

The stock was down 5% at Rs 396 on BSE as compared to 0.41% rise in Sensex at 11:18 am