Refining

Rajesh Exports acquires world's largest gold refining company Valcambi for Rs 2,560 cr

Reliance Industries Q4 profit up 8.5% at Rs 6,381 cr

RIL earned $10.1 on turning every barrel of crude oil into fuel as compared to a gross refining margin of $9.3 per barrel in the fourth quarter of previous 2013-14 fiscal.

CAG exceeded audit brief; used hindsight to question decision, says RIL

RIL stated that use of hindsight to question project efficiencies and procurements "could be easily perceived as a performance audit which obviously was not the stated intent of Audit."

RIL beats estimates, posts Rs 5511 cr Q3 profit

Its net revenue stood at Rs 1.03 lakh crore vs estimate Of Rs 1.04 lakh crore. The company's earnings before interest, tax, depreciation and amortisation stood at Rs 7,622 crore, higher than the estimate of Rs 7,420 crore.<br /><br />

ONGC plans capex of Rs 35k cr for next fiscal

State-owned Oil and Natural Gas Corp (ONGC) plans to invest over Rs 35,049 crore next fiscal in exploration and production of oil and gas -- 4 percent increase over capital expenditure in 2012-13.

CAG exceeded audit brief; used hindsight to question decision, says RIL

RIL stated that use of hindsight to question project efficiencies and procurements "could be easily perceived as a performance audit which obviously was not the stated intent of Audit."

RIL plans to invest Rs 35,000 cr in FY15 after strong Q1 performance

Q1 profit jumped by 13.7 percent to Rs 5,957 crore on account of strong performance of the refining segment and significant contribution from shale and retail segments

Essar Energy profit up 49 percent on higher margins