Sunday, December 14, 2008

Chevron - Jamnagar RPL Refinery stake decision on Jan-2009

By the end of January 2009, Chevron, will take a final decision on buying a 24% stake in Reliance Petroleum (RPL) and hold on to the current 5% level.

This will be a news as Chevron is among the top foreign stake holder in RPL, this decision will impact not only on RPL / RIL Pricing but over all Reliance Ind. Group sentiment. (Including RPL Jamnagar Refinery)


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