Welcome to the Cals Refineries Newsroom - your gateway to the latest developments at Cals Refineries.

Cals Refineries Rs 1,425-Cr FDI Proposal Referred to Cabinet Panel
07-06-2011, New Delhi

The Foreign Investment Promotion Board (FIPB) has recommended the proposal of Cals Refineries Ltd for Foreign Direct Investment worth Rs 1425 crore for the consideration of the Cabinet Committee on Economic Affairs (CCEA).

Italian tips for Cals Haldia project
03-04-2011, New Delhi

Italy's Saipem will prepare the feasibility report for Cals Refineries' proposed facility in Haldia.

Cals Refineries to get Kuwaiti funding
26-11-2010, New Delhi

Kharafi Group will invest $150 million in a 100,000 barrels per day (bpd) coastal refinery being built by Cals Refineries Ltd , the Indian company said on Friday, the first such investment by a Kuwaiti firm

Cash prop for Haldia project
26-11-2010, Calcutta

Kuwait's Kharafi Group has stepped in to save Bengal's second refinery project from its financial problems

Cals Refineries signs MoU with BPCL for petro product off-take
19-06-2009, Kolkata

Spice Energy Group company Cals Refineries and Bharat Petroleum Corporation (BPCL), a Navaratna PSU, have signed a memorandum of understanding (MoU) for off-take of petroleum products from Cals.

Environmental nod for Cals Refineries
28-05-2009, Kolkata

Cals Refineries, a part of the Spice Energy Group of industries, has received environmental clearance from the Union Ministry of Environment and Forests for its project in Haldia, West Bengal.

State delegates in team to Japan
19-03-2009, Kolkata

West Bengal has been invited by the Centre to be part of a delegation to Japan to attract investments for the three petrochemical, chemical and petroleum investment regions coming up in the country

Cals Refineries has ambitious plans
11-07-2008, New Delhi

While there is a lot of buzz surrounding the 27 million tonnes refinery of RIL at Jamnagar, another company is quietly building a refinery almost as big as the RIL refinery. This is Spice Energy's venture at Haldia called Cals Refineries

BP in talks with Indian start-up to supply crude
25-03-2008, Mumbai

Oil major BP Plc (BP.L) is in talks with Indian start-up CALS Refineries Ltd (CALS.BO) to supply crude oil and buy petroleum products, officials at the two firms said on Tuesday.

BP to Spice up refinery
24-03-2008, New Delhi

BP will enter into a strategic agreement to supply crude oil to Spice Energy for the 5-million-tonne refinery at Haldia being set up by CALS Refineries.

Rs 4000-cr plant for Nayachar petro hub
20-03-2008, Kolkata

Cals Refinery on Wednesday signed an MoU with the state for a Rs 4,000-crore oil refinery plant.

CALS to set up refinery projects in West Bengal
20-03-2008, Kolkata

CALS Refinery, a BSE-listed company, proposes to invest Rs. 20,000 crore in three phases to set up refinery projects at Haldia and at the proposed Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) at Nayachar in West Bengal.

CALS signs MoU with WBIDC for Rs 20K cr project
20-03-2008, Kolkata

CALS Refineries — promoted by the Spice group with interests in aviation, construction and hospitality, apart from oil and gas — has signed a memorandum of understanding (MoU) with the West Bengal Industrial Development Corporation (WBIDC) and the Haldia Development Authority (HDA) for a Rs 20,000 crore refinery project in Haldia.

Cals to set up 3 refineries in Bengal at Rs 20k crore
19-03-2008, Kolkata

Cals Refineries, a Delhi-based company, has signed a land deal with two agencies of the West Bengal government for a Rs 20,000-crore plan for three refineries in the port town of Haldia and the Nayachar river island off Haldia, giving a fillip to the state’s plans for a chemical hub.

Cals in talks with BP for crude oil supply
11-03-2008, Mumbai

Spice Energy-promoted Cals Refineries is in talks with the world’s third largest energy company, BP, for a crude supply and product offtake deal.