Bangchak Corporation Public Company Limited’s Post

📌𝗟𝗮𝘁𝗲𝘀𝘁 𝗨𝗽𝗱𝗮𝘁𝗲𝘀 ✅Bharat Petroleum Corp Ltd has acquired its first crude oil cargo from Argentina, a 𝟏-𝐦𝐢𝐥𝐥𝐢𝐨𝐧-barrel Medanito shipment for February delivery. This move aims to diversify refinery grades and enhance profit margins. The company plans to expand refining capacity significantly by 2028. ✅𝐌𝐚𝐡𝐚 𝐊𝐮𝐦𝐛𝐡 𝐌𝐞𝐥𝐚 𝟐𝟎𝟐𝟓: The Maha Kumbh Mela will be held in Prayagraj from 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟏𝟑 𝐭𝐨 𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 𝟐𝟔, 𝟐𝟎𝟐𝟓. 𝐒𝐩𝐢𝐜𝐞𝐉𝐞𝐭 is set to operate special flights to/from Prayagraj from January. ✅Gautam Adani’s conglomerate plans to 𝐢𝐧𝐯𝐞𝐬𝐭 ₹𝟐𝟎,𝟎𝟎𝟎 𝐜𝐫𝐨𝐫𝐞 in a supercritical thermal power plant in Bihar, expanding its presence in logistics, cement, and food processing. The investment will create thousands of local jobs and boost various sectors in the state. ✅ 𝐁𝐡𝐚𝐫𝐭𝐢 𝐀𝐢𝐫𝐭𝐞𝐥 𝐩𝐚𝐢𝐝 𝐨𝐟𝐟 ₹𝟑,𝟔𝟐𝟔 𝐜𝐫𝐨𝐫𝐞 in dues to the Department of Telecom to clear all its liabilities for spectrum acquired in 𝟐𝟎𝟏𝟔, according to the company's BSE filing. Bombay High Court dismissed the petition filed by Seclink Technologies, challenging the Maharashtra government's decision to cancel its 2019 bid for the redevelopment of Dharavi slums and issue a fresh tender in 2022 that allegedly favored Adani Infrastructure. #BharatPetroleum #CrudeOil #Argentina #EnergySector #RefiningCapacity #ProfitMargins #MahaKumbhMela2025 #Prayagraj #SpiceJet #Aviation #GautamAdani #AdaniGroup #PowerPlant #InvestmentInBihar #JobCreation #InfrastructureDevelopment #Telecom #Airtel #SpectrumPayment #DharaviRedevelopment #Maharashtra #SeclinkTechnologies #LegalNews #BusinessNews #IndianEconomy #IndustryUpdates

Fuelinfo: Alert! 🚨 26/11/24 - _MGL Hikes CNG Price_ ⛽️: Increased by Rs 2 per kg in Mumbai, effective immediately! 💸 - _Gulf Oil & Piaggio Partnership_ 🤝: Extended their collaboration for co-branded lubricants till 2030! 🚗 - _Pakistan's Energy Plans_ 🌍: Considering importing oil and gas from India instead of Iran, seeking US intervention! 🤔 - _TotalEnergies & Adani Group_ 🛠️: French company may halt new investments until bribe charges are cleared! 🚨 - _ONGC's IT Infra Contract_ 📊: Awards CIPL a Rs 980 million contract for seven years! 💻 - _Adani Group's Growth_ 🚀: Reports an impressive 25.5% EBITDA growth for the first six months of FY 2024-25! 📈 - _Ashoka Buildcon's New Project_ 🚧: Receives LoA for HAM road project worth Rs 1391 crore from NHAI in West Bengal! 🌉 - _PNC Infra's Divestment_ 📊: Gets in-principle approval from NHAI for stake divestment in UP road projects! 🚗 - _WTI Crude Price_ 💸: Currently stands at $69.64 per barrel! 📊 #petroleum #petrochemical #oil #fuel

Hindalco Industries Expansion Plans * Plans to invest $10 billion in aluminum and copper smelters. * Plans include Aditya FRP plant expansion. * Plans for an alumina refinery in Rayagada. * Bay Minnette expansion in Novelis. * Consideration of brownfield expansion at the Aditya Aluminium smelter in Odisha. * Power requirements must be sourced from renewable energy. Subscribe to get the latest industry updates Join us at demiumresearch.com or call 7030916583 or 7030916716 today. Let's make your money work smart!. . . . . #adityabirla #hindalco #industries #expansion #aluminum #copper #businessplans #stockmarketindia #stocks #options #recommendations #researchanalysis #bse #nseindia #marketresearchreports #netprofit #engineer #stockmarketbuzz #stockmarket #investment #stockmarketindia #stocks #options #recommendations #researchanalysis #bse #nseindia

𝗠𝗮𝗹𝗮𝘆𝗮𝗻 𝗖𝗲𝗺𝗲𝗻𝘁 𝗕𝗲𝗿𝗵𝗮𝗱 (𝗠𝗖𝗕) 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝘀 𝗦𝘁𝗿𝗼𝗻𝗴 𝗙𝗶𝗿𝘀𝘁 𝗛𝗮𝗹𝗳 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗶𝗻 𝗙𝗬𝟮𝟬𝟮𝟰 We are pleased to announce that MCB has achieved significant results in the first half of fiscal year 2024 (2QFY6/24). Highlights: • Core net profit surged to RM 121 million, representing over 100% year-on-year growth and a robust 26% increase from the previous quarter. • First-half core net profit reached RM212 million, reflecting a healthy 26% year-on-year growth, exceeding both our internal and Bloomberg consensus estimates. • Revenue increased by 31% to RM2.3 billion, due to higher sales volumes and greater stability in selling prices for both domestic cement and ready mixed concrete. • Improved EBITDA margins at 25% in 1HFY2024, compared to 13% in 1HFY2023. • Supplying to the East Coast Railway Link (ECRL), leveraging our grinding plant in Port Klang. Business Insights: • Strong revenue growth was primarily driven by higher volumes and stable selling prices for both domestic cement and ready mixed concrete. • Achieved marginal volume growth for both cement and ready-mixed concrete, given the more stable pricing environment. • Pre-tax profit saw a significant 22% quarter-on-quarter increase to RM 185 million, attributable to lower coal prices. Read more here: https://lnkd.in/eBvQRy-q #YTLCement #BuildingTogether

Central PSUs record 47 per cent jump in net profit for 2023-24, market cap doubles https://lnkd.in/ddgiyEja NTPC Limited Indian Railway Finance Corporation Coal India Limited HINDUSTAN AERONAUTICS LTD #StockMarket #Industry Oil and Natural Gas Corporation Ltd Bharat Sanchar Nigam Limited Rashtriya Ispat Nigam Limited (Rinl) MTNL Bharat PetroResources Limited NMDC Steel Limited Hindustan Petroleum Corporation Limited Mangalore Refinery & Petrochemicals LTD - India #CPSEs #NetProfit #MarketCapitalisation #ProfitGrowth #PublicSectorEnterprises #EconomicContribution #CorporationTax #GovernmentRevenue #RenewableEnergy #IndianEconomy #FY24 #PetroleumIndustry #ExciseDuty #FiscalGrowth #MarketPerformance #PublicSectorReforms #IndiaFinance  #Investmentguruindia #Finance

#TOP10 #StocksInFocus 1-TATA CHEMICALS Weak results, margins fall sharply 2-UCO BANK Sharp jump in NIM & asset quality improves 3-KPIT TECH GS report, Buy call, Target Rs 1900 4-ULTRA TECH Brokerages reports with buy call, targets up to 11600 5-RVNL Gets LoA For A Project Worth `438.95 Cr From Southern Railway 6-RITES Gets LoA From Bangladesh Railway Worth $111.26 m 7-JANA SF BANK Strong numbers 8-VESUVIUS INDIA Good numbers, margin expansion by 6% 9-NMDC Increases Lump Ore Price By Rs 400 & Fines By Rs 200/ Tonne 10-HAVELLS/IOC Results today @CNBC_Awaaz

19/09/24 #OilNews 1. **International Prices**: Slight upward movement this week for FO/LSHS, LDO/SKO, and Naphtha, except Bitumen 📈. 2. **India's Energy Policy**: Continuing to buy cheaper Russian crude oil at the lowest price possible 🇮🇳🛢️. 3. **RIL-BP Sales**: Petrol sales up by 49% and diesel by 53% in the retail market compared to last year ⛽📊. 4. **Petroleum Exports**: Dropped by 38% to $5.95bn in August from $9.54bn last year 📉. 5. **BPCL Network**: Expanded to 4279 fuel stations for E20 (20% ethanol blended with 80% petrol) 🌱. 6. **NIRI Discussions**: With BRO & IOCL on road development projects in the NorthEast 🛣️. 7. **Highway Projects**: Centre to allocate an additional ₹1 lakh crore for projects in Tamil Nadu 🛤️. 8. **Road Project in Odisha**: Srinibash Mishra gets a ₹19 crore project at Thakurgarh-Raniakata in Angul 🚧. 9. **WTI Crude**: Priced at $71.50 per barrel 🛢️. #CrudeOil #petroleum #petrochemicals #explorepage

✔️Rashmi group has big chance to Rs 20,000 crore revenues from Pipe business. We know DI Pipe business of Rashmi group has been growing at CAGR of 62% last 5 years. We know Rashmi DI pipes are one of the most preferred pipe material for water supply and pressure sewerage application all over the India. ✓Di pipe demand upward in India- The India ductile iron pipes market size reached approximately $4 billion (₹ 32000 crore) in 2023. The market is estimated to grow at a CAGR of 15% in the forecast period of 2024-2032, reaching a value of around $15 billion (₹1.22 lakh crore) by 2032. Due to Government initiatives and schemes like Jal Jeevan Mission, AMRUT, and Smart City Mission, for providing safe and adequate drinking water are expected to push the demand for pipes upward. ✓For example Rs 45,000 crore project Mission Bhagiratha in Telangana started 2016, total pipeline for the project 1.50 lakhs km & demand of 8 lakhs tons of DI pipes.....(this is equal to one year production of Rashmi group Di- pipes ) So, I think Rashmi group has big chance to become a leader... Rashmi group pipes division can generate Rs 15,000 crore to Rs20,000 crore revenues in next 8-10 yrs. ******* Tanmay Bandopadhyay

The report details the types of coal being imported, including coking coal, steam coal, PCI coal, and petroleum coke, with the total volume of cargo handled across these ports surpassing 9 million tons. Delays in unloading and clearance are expected at busier ports due to the sheer volume of cargo. The report also provides a comprehensive view of coal traffic at various Indian ports. It highlights key ports receiving significant volumes of coal, coke, and other related cargo. The report suggests that Paradip and Krishnapatnam ports are experiencing the highest traffic, which may lead to congestion, especially towards the end of September, as numerous vessels are scheduled to arrive. Other ports such as Ennore, Dhamra, and Mundra are also seeing substantial traffic, indicating potential congestion. Ports like Kandla, Kakinada, and Navlakhi, handling smaller volumes, are less likely to face congestion. Suggested Hashtags: #CoalImports #IndianPorts #Logistics #PortCongestion #CokingCoal #EnergyTrade #SupplyChain

India looks for expansion of strategic petroleum reserve sites! The Indian government has issued tenders to private companies to build and operate a new storage site for the Strategic Petroleum Reserve (SPR). As the world’s third-largest crude oil importer, the Indian government invited private firms to bid for a storage site of 2.5 million metric tons at Padur. The storage site will include a single point mooring and associated infrastructure on a design, build, finance, operate and transfer basis. Currently, India’s underground Strategic Petroleum Reserve storage has a total capacity of 5.33 million metric tons of crude oil which is equal to 39 million barrels of crude oil. The existing sites are located at Vishakapatnam of Andra Pradesh, Mangaluru, and Padur of Karnataka. Padur will have another one and Odisha’s Chandikol will have a new one. Private firms like Abu Dhabi National Oil company is storing and using petroleum in recent years at those sites. Due to rising petroleum demand and imports of crude oil, India is now immediately looking for expansion of SPR sites. India is set to account for 25% of global oil demand growth in 2025. Excited to see the transformation of India’s strategic petroleum reserves this year and next. What do you think? … Hi, I am the founder of Labdhi Petrochem. Follow me for such content on your feed. #india #oil #petrochemicals #strategy #growth