Reliance and its partner BP of the UK sought bids from domestic refiners for sale of 17,600 barrels (2,800 kilolitres) of crude oil every month from April 2025 to February 2026.
The crude oil has been priced at the daily average price of Nigerian Bonny Light grade of crude oil plus $1.5 per barrel quality premium. Bidders have to quote a premium over this price, the tender document said.
Denne historien er fra December 31, 2024-utgaven av Mint Bangalore.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 31, 2024-utgaven av Mint Bangalore.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
India, EU Discuss Road Map To Strengthen Trade, Investment
Commerce minister Piyush Goyal holds talks with EU counterpart Maroš Šefčovič
Nailing the 'smart business casual' code during winter
Looking 'smart casual' is easy if you build a wardrobe around versatile separates like blazers and trousers
ITC Aims to Lead in All Segments: Sanjiv Puri
ITC Ltd is sharpening its competitiveness and strengthening innovative capacity under its \"Next Strategy\" as the multi-conglomerate aims to be a leader in the segments in which it operates, said its chairman and managing director Sanjiv Puri.
'America First' stalls bond issuance in emerging markets
A record start to the year for emerging-market bond sales is at risk of fizzling as high Treasury rates hamper weaker credits from tapping international capital.
What protects us from being stabbed in our own homes?
India extracts a very high price from those who hurt its rich and middle class but this shield could weaken
Indian equities not overly expensive, reflect growth prospects
We see structural shifts in India align closely with 5 mega forces driving global economic transformation Ben Powell Chief APAC & ME strategist, Blackrock Investment Institute
India to export 1 mt of sugar this year
India is set to allow exports of 1 million tonnes (mt) of sugar during the current season, government and industry sources said, to help mills export surplus stocks from the world's second biggest producer of the sweetener and help prop up local prices.
Capital markets require more Hindenburgs, not fewer
Short sellers hold businesses to account, raise the cost of opacity and make markets more efficient
NCLT Directs Tulip Hotels' Liquidation
The National Company Law Tribunal (NCLT) has directed the liquidation of debt-ridden Tulip Hotels.
Trump's Deeds May Not Have the Same Bite as His Plans
Trump is a businessman looking to extract a \"good deal\" from his opponents