Tag
Oil & Gas Refining
17 articles
Rising inflation in India, particularly in fuel and power, is creating headwinds for the oil & gas refining sector. Wholesale price inflation accelerated to 9.92% in August 2026, driven by mineral oils and other key commodities, potentially impacting refining margins and consumer demand. Despite these challenges, companies like Kotyark Industries are projecting robust growth with a revenue CAGR of 25-30% and healthy EBITDA margins, while Nexxus Petro is diversifying into new areas like tyre pyrolysis oil to mitigate geopolitical risks. However, Continental Petroleums reported a revenue decline in FY26, highlighting the varied performance within the sector.
GP Petroleums Postal Ballot for ₹100 Cr OCD Issue
GP Petroleums seeks shareholder approval via postal ballot for three special resolutions, including a ₹100 crore optionally convertible debenture issue.
The company proposes appointing Ms. Priyanka Si
MRPL Karnataka High Court CENVAT Case Dismissal
Karnataka High Court dismissed a department appeal against a CESTAT order favoring MRPL in a CENVAT credit dispute.
The case involved denial of ₹2,173.76 crore CENVAT credit on capital goods for the p
MRPL Announces ₹1.2 Crore Support for Fire Victim Family
MRPL expresses grief and extends condolences for the death of Shri Manish Karkada in a Coker Hydrotreater Unit fire incident on 30 September 2026.
The company will provide ₹90 lakh financial support p
MRPL Withdraws Export Tenders After Fire Incident
MRPL confirms withdrawal of fuel export tenders due to fire incident anticipating potential operational disruption.
Company states the tender cancellation had no material impact on commercial operatio
IndianOil Clarifies Packaged Water Business Proposal
IndianOil responds to NSE query regarding news about launching packaged drinking water across its fuel outlets.
Company clarifies this is a routine commercial proposal to augment Non-Fuel Revenue thro
HPCL Executive Director Superannuates Effective October 1
Hindustan Petroleum Corporation Ltd (HPCL) informs exchanges of a senior management change effective October 1, 2026.
Shri N Baladhandayuthapani, Executive Director - Special Projects (CPO Transformat
Savita Oil Technologies Clarifies NSE Volume Query
Savita Oil Technologies responds to an NSE query regarding significant volume increase in its scrip on 30th September 2026.
The company confirms it has not withheld any material information requiring
Indian Oil Two Senior Executives Superannuate
Indian Oil Corporation discloses senior management changes under SEBI LODR Regulations.
Two Executive Directors superannuated from the company on September 30, 2026.
The changes affect the Pricing and
MRPL Fire Incident Results in One Fatality
MRPL reports a fire incident at its Coker Hydrotreater Unit was extinguished within approximately 2.5 hours.
One fatality was discovered during post-fire inspection operations at the affected site.
On
GP Petroleums Approves ₹130 Crore Debenture Issuance
GP Petroleums Ltd board approved raising up to ₹130 crore via private placement of NCDs and OCDs to RevX Special Credit Opportunities Fund II.
The fundraising comprises ₹30 crore in secured, unrated,
MRPL Appoints Mohit Kumar Aggarwal as Government Nominee Director
MRPL appoints Shri Mohit Kumar Aggarwal as Government Nominee Director effective 29 September 2026 for a three-year term.
The appointment was approved by the Ministry of Petroleum and Natural Gas via
MRPL Coker Hydrotreater Unit Fire Incident
MRPL reported a fire incident at its Coker Hydrotreater Unit due to a high-pressure cold separator rupture.
The fire has been brought under control with no major injuries reported; one minor injury oc
India August 2026 WPI Inflation Rises to 9.92%
India's wholesale inflation accelerated to 9.92% YoY in August 2026 from 9.78% in July, with the all-commodities index rising to 110.8.
Fuel and Power inflation surged to 22.93% while Primary Articles
Kotyark Q1 FY27 Revenue ₹91.98 Cr, PAT Up 9%
Kotyark Industries reported Q1 FY27 consolidated revenue of ₹91.98 crore, up 11.54% YoY, with PAT at ₹4.46 crore.
The company completed migration to Main Board and issued 10:1 bonus shares during the
Continental Petroleums 40th AGM Notice and FY26 Report
Company convened its 40th AGM on 29-Sep-2026 via video conference with 22-Sep-2026 as record date for e-voting.
FY26 standalone revenue declined to ₹84.67 crore from ₹112.91 crore YoY but operating pr
Nexxus Petro FY26 Revenue Down 14% to ₹261.87 Crore
Nexxus Petro Industries reported FY26 revenue decline to ₹261.87 crore due to geopolitical disruptions affecting bitumen imports, while PAT improved to ₹6.39 crore.
The company operates three manufact
Greenhitech Ventures 2025-26 AGM Notice and Annual Report
Greenhitech Ventures Limited issued notice for its 3rd Annual General Meeting scheduled for September 29, 2026, to be held in Varanasi.
The company reported standalone revenue of ₹193.90 crore and pro