A reader of this blog has alerted me about serious problems at Mangalore Refinery & Petrochemicals Ltd (MRPL). An electrical short circuit has forced the company to stop operations at one crude distillation unit, two hydrocracker units, two visbreaker units,...
ONGC has taken a difficult but sensible decision. It has finally shelved plans for a new 15m tonnes/year refinery and petrochemical complex at Mangalore. The project had been facing considerable resistance from the local population. In addition, questions were being...
Is Lakshmi Mittal having second thoughts about participating in the Bhatinda refinery project? This report suggests that Mittal might walk out of the project if the state government does not extend fiscal incentives that had been promised a few years...
Saudi Aramco is now being talked about as a prospective investor in the Hindustan Petroleum Corp (HPCL) led refinery and petrochemical complex at Visakhapatnam in Andhra Pradesh. Talks are on to bring in Aramco, says HPCL's chairman in this report...
It is finally here. After years of waiting and rumours of delays Reliance Industries has finally started pumping oil from its massive KG-D6 block of the Krishna Godavari basin. Initially about 5,000 bbls/day of crude is being pumped out although...
Essar's petrochemical plans are slowly taking shape with the company having identified technologies for its cracker and polyolefin units at Jamnagar, Gujarat. ICIS news reported last week that the cracker would be set up in technical collaboration with Lummus And...
Indian Oil Corp (IOC) recent financial woes do not appear to have dampened its interest in petrochemicals. After pushing back plans for a paraxylene (PX), polypropylene (PP) and styrene plants downstream of a proposed refinery at Paradip, it is interesting...
ONGC has decided to exit from the Kakinada refinery and petrochemicals project. But the project is alive as the GMR group remains interested. I think ONGC made the right decision. It will be interesting to see if GMR will be...
Oil and Natural Gas Corp's (ONGC) Kakinada project continues to attract investors despite questions about its viability. The GMR group is the latest and is reported to have formally expressed interest in taking a stake in the refinery and...
I was under the impression that there are no major hurdles to Indian Oil Corp’s (IOC) refinery and petrochemical project at Paradip. But I came across this news yesterday that the viability of the project is in question following the...
State-owned IOC and Gail appear to have been drawn into yet another futile petrochemical project by politicians. This time it is in Barauni, Bihar. IOC operates a 6m tonnes/year refinery at Barauni but this is unlikely to yield sufficient feedstock...
I have found the answer to my question in last week’s posting on the proposed chemical hub at Nayachar, West Bengal. I had wondered which public sector company would be targeted by the West Bengal government for investment at Nayachar....
A new year brings in new resolutions and this time around ONGC appears to have recommitted itself a refinery project in Kakinada, Andhra Pradesh, despite doubts about its viability. And over in West Bengal, the state government is determined to...
A few months back I had referred to an article in the Indian press which raised doubts on the economic viability of ONGC’s refinery and petrochemicals project at Kakinada, Andhra Pradesh. A few readers have posted comments arguing that the...
Will ONGC abide by the findings of a pre-feasibility study which questions the commercial viability of its refinery project at Kakinada in Andhra Pradesh? The project comprises a 15m tonnes/year refinery and a 400,000 tonnes/year polypropylene (PP) facility. The study...
Ennore in Tamilnadu is likely to emerge as the next refining and petrochemicals destination in India, reports ICIS news. Indian Oil Corp (IOC) has identified Ennore for a new range of projects including an export-oriented refinery and/or petrochemicals complex and...
Hindustan Petroleum Corp Ltd (HPCL) says it is teaming up with Total and Kuwait Petroleum for a $3bn refinery at Vishakhapatnam which will also be linked to a petrochemicals complex. An aromatics unit may be built ahead of the refinery....
Chennai Petroleum announced last week plans for a refinery and petrochemical complex at Ennore, Tamil Nadu. ICIS news reports that the petrochemical part of the project includes a 1.2m tonne/year cracker and derivatives units. A pre-feasibility study is underway and...
Chennai Petroleum announced last week plans for a refinery and petrochemical complex at Ennore, Tamil Nadu. ICIS news reports that the petrochemical part of the project includes a 1.2m tonne/year cracker and derivatives units. A pre-feasibility study is underway and...
Indian Oil Corp (IOC) and Chennai Petroleum Corp Ltd (CPCL) are said to be looking for a strategic investor to partner their 15m tonnes/year refinery and petrochemicals project at Ennore, Tamil Nadu. No time frame appears to have been set...
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