Fineotex Chemical acquires US-based oilfield chemicals firm CrudeChem Technologies
CrudeChem specializes in advanced chemical fluid additives and comprehensive chemical solutions for the global oil and gas industry
CrudeChem specializes in advanced chemical fluid additives and comprehensive chemical solutions for the global oil and gas industry
Russian crude accounted about 33 per cent of India’s crude oil imports in January-August 2025
OIL achieved a standalone PAT of Rs. 1,044 crore in Q2FY26 vis-à-vis Rs. 1,834 crore achieved in Q2FY25
Reliance is currently assessing the implications, including the new compliance requirements
The new CTC pathway is designed to extract significant value from each barrel of crude oil by converting it directly into light olefins and other high-demand chemicals
The company's current fleet stands at 38 vessels including Jag Lok
The all-cash transaction includes $110 million at closing plus potential contingent consideration ranging from $0 to $19 million, subject to the achievement of future business performance milestones
The asset has been stretched to work within its safe working limits and has exceptionally been operated at 120% of its design capacity
Grandpuits will be able to produce 10,000 tons a year of pyrolysis oil from recycled plastic
The contract, which is valid for one year from April 2025 to March 2026, will ensure a steady and competitive supply of crude oil to BPCL’s refineries
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