This gasification project at Jamnagar was set up to produce syngas to meet the energy requirements of RIL'S crude oil refinery. It, however, could be monetised for expanding the company's new energy business. “The gasification unit will no longer serve just the refinery, an RIL official told Business Standard.
The refinery off-gases produced from this project earlier served as fuel. They have now been repurposed into feedstock for the refinery off gas cracker (ROGC). “This enables production of olefins at competitive capital and operating costs. Syngas as a fuel ensures reliability of supply and helps reduce volatility in the energy costs. Syngas is also used to produce hydrogen for consumption in the Jamnagar refinery, RIL said in a statement late Wednesday.
According to Morgan Stanley, RIL's announcement to separate its pet coke gasifier assets is another step towards monetising the potential synergies between its existing energy infrastructure and new energy plans.
Continue reading your story on the app
Continue reading your story in the newspaper
Unilever set to cut 1,500 jobs in big management shake-up
To create five product-focused divisions; move comes as Peltz builds stake
Ola Electric starts work on building electric cars
The firm is gearing up to launch the car by 2024
JSW Steel will spend over $1 bn on cutting emissions
India's most valuable steel firm will shift to solar power and use more scrap
Future Retail seeks time on loan dues
PEERZADA ABRAR, ABHIJIT LELE & SHARLEEN D'SOUZA
Amazon, Netflix ink 400-cr deal with Anushka Sharma
Amazon.com and Netflix are among platforms partnering with Indian production house Clean Slate Filmz to push out movies and web series worth about 400 crore ($54 million) as the battle for content heats up in one of the world's largest entertainment markets.
AI pilots warn legal action on dues two days before Tata handover
The All India Cabin Crew Association and the Air India Employees Union have objected to the weight and BMI checks at airports, terming it dehumanising'
Tata Group May Get Air India By Thursday
Air India likely to be handed over to Tata Group by Thursday
Amazon's Offer Legally Invalid, Can't Accept: FRL Independent Directors
Seek clarity on whether Amazon can act on behalf of Samara Capital
Economic Activity Slows Down Further
Omicron effect: Domestic air traffic, retail & recreation visits slip
Indices Slump 2.6% As Sell-Off Deepens
Concerns over Fed rate hike, Ukraine add to investor woes
JAKE GYLLENHAAL CARRIES CLAUSTROPHOBIC ‘THE GUILTY'
An emergency dispatch center doesn’t exactly sound like the most visually exciting place to set an entire film. But the technical limitation of being imprisoned in a soulless office while high stakes action takes place off-screen can be an inspired storytelling gimmick in the right hands, as it is in “ The Guilty,” directed by Antoine Fuqua, written by Nic Pizzolatto and starring Jake Gyllenhaal.
LISA MARIE'S: LIFE- CHANGING CHOICE
IT’S been just over a year since Lisa Marie Presley lost her son to suicide.
LISA MARIE: HOW I'M HEALING
A YEAR AFTER LOSING HER SON TO SUICIDE, LISA MARIE PRESLEY IS LEANING ON HER DAUGHTER FOR SUPPORT.
May The Best Brand Win!
Zico founder Mark Rampolla recently bought back his coconut water company after a sale that decimated the brand. Now he’s rebuilding it with a new team, but facing fierce competition from an old rival.
LISA MARIE'S LIFESAVING BREAK FROM SCIENTOLOGY!
Rebuilding her life with psychological therapy forbidden by church dogma
MAKERS AND SHAKERS
WHY DO SAILING’S MOST SUCCESSFUL INFLUENCERS THINK THE BEST BOAT FOR NOVICE OCEAN CRUISERS IS A PERFORMANCE MULTIHULL? ASKS TOBY HODGES
LISA MARIE'S PLEA: GIVE ME A GRANDSON!
Elvis’ kid begs daughter for baby after losing her son to suicide
Airguns, Hounds & Horses
Sometimes hunting means doing your best to keep up
“In 2018, Bill Morris had asked me, ‘Yo, what song do you want me to play before your main?’ I said how about some Metallica? Let’s go! So he played Enter Sandman, and I won it from there. So last year, when I was down there, Bill asked me if I wanted to pick the song again for the main. I told him, ‘If you play Tool, right now, I guarantee you I’ll win.’ So while I’m rolling into the gate, Tool came on, and I looked over at my parents and just nodded my head. Right then, they knew - that I knew, that I was going to pull it off.”
Something Different and HUGE