MK Surana, CMD of Hindustan Petroleum Corporation Ltd expects to end FY17 with GRMs of around USD 6 per barrel.
H Kumar, MD, MRPL told CNBC-TV18 that the polypropylene (PP) plant will have capacity utilisation of only 60-65 percent in the second and third quarter and 100 percent from fourth quarter onwards
RIL CFO Alok Agarwal says, the company has already invested nearly USD 6.5 billion in shale gas business and expects the business to be cash positive once its reaches the USD 700 million market in EBITDA.
Essar Oil Managing director and Chief Executive L K Gupta attributed the jump in GRM to higher complexity benefits of its refineries, wherein it was able to use more of the low cost but heavy crude and yet refine it to deliver lighter products