Bina Refinery News

Companies

BPCL puts Bina refinery expansion plan on hold pending privatisation

The federal government wants to sell its 53.29% stake in BPCLIt wanted to expand the Bina refinery in central India to 300,000 barrels per day from 156,000 bpd

1 min read30 Oct 2020
Industry

Oman Oil not to raise stake in BPCL's Bina refinery

BPCL had made an investment in compulsorily convertible debentures and share warrants of BORL. This was equivalent to 24% additional equity stake in BORL. Part of these share warrants, 13%, have been converted to equity

2 min read8 Jun 2020
Industry

Bharat Petroleum shelves Bina Refinery IPO plan

Bharat Petroleum has shelved its Bina Refinery IPO plan as 'it generates enough cash' to complete the ongoing expansion and also 'Kuwaiti Petroleum is keen to pick up a stake, a senior official said

2 min read17 Sep 2018
Industry

BPCL to shut Bina refinery for 45 days from mid-August

BPCL has shut the delayed coker after a fire during the weekend and has decided to advance the September shutdown

1 min read6 Aug 2018
Companies

Kuwait Petroleum eyes 24% stake in Bina refinery: report

Bharat Oman Refineries has plans to double its expanded refining capacity to 310,000 bpd and build a petrochemical project

2 min read1 May 2018
Industry

Bharat Petroleum to shut Bina refinery from mid-September for 45 days

Bharat Petroleum will shut its 120,000 barrels per day joint venture Bina refinery from mid-September for 45 days to expand its capacity by 30%

1 min read1 May 2018
Companies

BPCL may sell up to 24% in Bina Refinery in Madhya Pradesh

Oman Oil, Kuwait National Petroleum and Abu Dhabi National Oil have evinced interest in buying Bharat Petroleum's stake in Bina refinery

3 min read28 Feb 2018
Industry

Bharat Petroleum may set up petrochemicals unit in Bina

The petrochemical unit, which will include a 1.5 million tonnes per annum naphtha cracker, is expected to cost Rs6,000-7,000 crore

2 min read20 Feb 2017
Industry

India offers stakes to UAE in petro projects

On offer is 26% stake in ONGC's Dahej project in Gujarat and 24% stake in BPCL's Bina refinery for $700 mn and $200 mn respectively

2 min read12 Apr 2016
Companies

BPCL, Oman Oil looking to sell 24% stake in Bina refinery

The two owners want to boost the refinery's capacity by about 30% from 120,00 bpd, said BPCL chairman

1 min read29 Oct 2015
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