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Oil & Gas Refining and Marketing

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Mitsuuroko Group Holdings says integration of units

Wednesday, 13 Sep 2017 04:19am EDT

Sept 13 (Reuters) - Mitsuuroko Group Holdings Co Ltd <8131.T>:Says co plans to set up a Tokyo-based wholly owned unit in September .Says co will transfer all shares of Mitsuuroko Provisions Co,Ltd, SWEETSTYLE Co.,Ltd and Mitsuuroko Beverage Co.,Ltd to the Tokyo-based new unit on Oct. 1.Previous news was disclosed on April 27 .

India's BPCL says Australian LNG to be cheaper than Qatar's

Tuesday, 12 Sep 2017 11:45am EDT

Sept 12 (Reuters) - Bharat Petroleum Corporation Ltd :India's BPCL exec says plans to invest 108 billion rupees ($1.69 billion) till 2022 to enhance refining capacity and fuel marketing.India's BPCL exec says to use enhanced financial powers to invest in large petrochemicals, upstream projects.India's BPCL exec says to finalise funding for mozambique project by end-2018.India's BPCL exec says gas production from Mozambique project seen in 2022.India's BPCL exec says Australian LNG to cost less than qatar's LNG after pricing negotiation with Exxon Mobil.India's BPCL exec says aims to sign gas sales contracts for 8 million t/year lng from Mozambique projects by June 2018.India's BPCL exec says aims to have 5 percent of company's revenues from non-fuel business by 2022.India's BPCL exec says to complete expansion of Bina refinery to 7.8 million tonne by 2019.India's BPCL exec says will take a call on initial public offering of Bharat Oman Refinery Ltd after expansion.India's BPCL exec says aiming to invest 150 billion-160 billion rupees in upstream business in next 5 years.India's BPCL exec says will have 10-15 percent of throughput from petrochemicals by 2022-23.

India's BPCL says Australian LNG to be cheaper than Qatar's

Tuesday, 12 Sep 2017 11:45am EDT

Sept 12 (Reuters) - Bharat Petroleum Corporation Ltd :India's BPCL exec says plans to invest 108 billion rupees ($1.69 billion) till 2022 to enhance refining capacity and fuel marketing.India's BPCL exec says to use enhanced financial powers to invest in large petrochemicals, upstream projects.India's BPCL exec says to finalise funding for mozambique project by end-2018.India's BPCL exec says gas production from Mozambique project seen in 2022.India's BPCL exec says Australian LNG to cost less than qatar's LNG after pricing negotiation with Exxon Mobil.India's BPCL exec says aims to sign gas sales contracts for 8 million t/year lng from Mozambique projects by June 2018.India's BPCL exec says aims to have 5 percent of company's revenues from non-fuel business by 2022.India's BPCL exec says to complete expansion of Bina refinery to 7.8 million tonne by 2019.India's BPCL exec says will take a call on initial public offering of Bharat Oman Refinery Ltd after expansion.India's BPCL exec says aiming to invest 150 billion-160 billion rupees in upstream business in next 5 years.India's BPCL exec says will have 10-15 percent of throughput from petrochemicals by 2022-23.

China Petroleum & Chemical's vice president resigns due to change in job role

Tuesday, 12 Sep 2017 06:41am EDT

Sept 12 (Reuters) - China Petroleum & Chemical Corp <600028.SS><0386.HK>:Says vice president Jiang Zhenghong resigns due to change in job role.

Moresco unit decides to scrap plan to acquire AML INDUSTRIES and AML Realty

Tuesday, 12 Sep 2017 03:11am EDT

Sept 12 (Reuters) - Moresco Corp <5018.T>:Says co's wholly owned unit MORESCO USA Inc decided to scrap plan to acquire AML INDUSTRIES, INC. and AML Realty LLC..Previous news was disclosed on Feb. 14.

Applegreen says H1 revenue up 21 pct

Tuesday, 12 Sep 2017 02:00am EDT

Sept 12 (Reuters) - Applegreen Plc ::ADJUSTED EBITDA INCREASED BY 28 PCT TO EUR 16.6M IN H1 2017 FROM EUR 13.0M IN H1 2016​.H1 ‍LIKE FOR LIKE GROWTH OF 10 PCT IN NON-FUEL GROSS PROFIT (FOOD AND STORE) AT CONSTANT CURRENCY​.‍H1 REVENUE UP 21 PCT TO EUR 672.5M​.‍NET DEBT POSITION AT 30 JUNE 2017 OF EUR 33.2M​.‍MAIDEN INTERIM DIVIDEND OF 0.60 CENT PER SHARE​.‍REMAIN CONFIDENT IN PROSPECTS FOR BUSINESS IN 2017​.‍WELL POSITIONED FOR SEASONALLY IMPORTANT SECOND HALF OF YEAR​.

Ecoslops ‍implements deal with Galp to supply refined cut

Monday, 11 Sep 2017 11:36am EDT

Sept 11 (Reuters) - ECOSLOPS SA ::‍IMPLEMENTATION OF A LONG TERM AGREEMENT WITH GALP <<>> FOR SUPPLY OF REFINED CUT TO SINES REFINERY OF GALP ​.‍SUPPLY AGREEMENT UNDER WHICH GALP WILL PURCHASE REFINED CUT PRODUCED BY ECOSLOPS AT MARKET PRICE AT ITS REFINERY AT SINES.​.‍AGREEMENT, SCHEDULED TO LAST UNTIL END OF 2020.​.

BP Midstream Partners Lp files for IPO of up to $100 mln common units

Monday, 11 Sep 2017 07:11am EDT

Sept 11 (Reuters) - BP Plc :BP Midstream Partners Lp files for IPO of up to $100.0 million of common units representing limited partner interests - SEC filing‍​.BP Midstream Partners Lp says intends to apply to list its common units on the New York stock exchange under the symbol “BPMP.” ‍​.‍BP Midstream Partners Lp​ says Citigroup, Goldman Sachs & Co Llc, Morgan Stanley, Barclays, Credit Suisse and JP Morgan are among underwriters to IPO.‍BP Midstream Partners-UBS Investment Bank,BofA Merrill Lynch,Deutsche Bank Securities,Mizuho Securities,MUFG,BNP Paribas also among underwriters to IPO.‍BP Midstream Partners Lp​ - proposed IPO price is an estimate solely for purpose of calculating SEC registration fee.

Shandong Shengli signs agreement to acquire investment firm and stake in Wenzhou natural gas firm

Friday, 8 Sep 2017 05:23am EDT

Sept 8 (Reuters) - Shandong Shengli Co Ltd <000407.SZ>:Says it signs agreement to acquire 55 percent stake of Wenzhou natural gas firm up no more than 170 million yuan ($26.34 million).Says it signs agreement to acquire investment firm for 103.0 million yuan.

Strong Petrochemical says unit to make capital commitment to fund of US$90 mln

Thursday, 7 Sep 2017 10:07pm EDT

Sept 8 (Reuters) - Strong Petrochemical Holdings Ltd <0852.HK>::Announces transaction for $100 million investment in GSR Electric Vehicle, L.P. and GSR Go Scale Capital Advisors under GSR Capital.Green concept, sole limited and guarantor entered into sale and purchase agreement.Unit Green Concept to make a capital commitment to fund of US$90 mln.Unit to also buy shares of GSR GO Scale Capital Advisors at a consideration of US$10 mln.

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