When Convent’s 700 workers found they were out of work, their counterparts across the Pacific were powering up a new unit at Rongsheng Petrochemical’s giant Zhejiang complex in northeast China. It is just one of at least four ongoing projects in the country, with a total of 1.2 million barrels …
Read More »Vedanta expresses interest in buying the government’s full stake in BPCL
Vedanta Group confirmed on Wednesday that it had submitted a preliminary expression of interest (EoI) to buy the government’s stake in Bharat Petroleum Corp Ltd (BPCL). Vedanta’s interest in India’s second-largest fuel retailer is due to synergies with its current oil and gas business. The government is selling its entire …
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