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Trial run of Indian Oil's lube plant at Manali begins
Petroleum - Jan 17,2025
Indian Oil Corporation has begun the trial run of its Rs 1,400-crore integrated lube complex at Manali, Chennai. Once fully operational, it will be the second largest global lube plant with a 672,00 .

Nayara Energy pours $8 billion into Gujarat’s ethane cracker plant
Petroleum - Jan 13,2025
Nayara Energy, supported by Rosneft, will invest Rs 68,000 crore to build a 1.5 MTPA ethane cracker at its 20 MTPA refinery in Vadinar, Gujarat. This marks a significant foreign investment in India’ .

IOCL to set up naphtha cracker unit in Paradip
Petroleum - Dec 31,2024
Indian Oil Corporation (IOCL) plans to set up a Rs 61,000 crore naphtha cracker project at Paradip, Odisha, with an MoU expected in January. This project is part of a larger Rs 1 lakh crore investment .

IOCL issues tender for mainline laying, HDDs for LPG pipeline in Tamil Nadu
Petroleum - Dec 30,2024
Indian Oil Corporation (IOCL) has issued a tender for laying a 252 km LPG pipeline from BPCL Palakkad, Kerala to IOCL Salem, Tamil Nadu, valued at Rs 106.46 crore. The project includes mainline laying .

IOCL to invest over Rs 21,000 crore to expand Bihar refinery
Petroleum - Dec 20,2024
Indian Oil Corporation (IOCL) will invest over ₹21,000 crore in Bihar, including ₹16,000 crore to upgrade the Barauni refinery from 6 to 9 MTPA and build a polypropylene plant by 2025. Additionall .

Andhra Pradesh capital Amaravati to have piped gas supply
Petroleum - Dec 18,2024
Indian Oil Corporation officials proposed making Amaravati the first fully piped capital city in India. A team from the Petroleum and Natural Gas Regulatory Board (PNGRB) met with the state government .

Indian Oil Corporation to Expand Refinery Operations with Major Investments
Petroleum - Nov 14,2024
Indian Oil Corporation Limited (IOCL) is expanding its refining operations to increase capacity and improve efficiency. The company plans to modernize refineries with advanced technology to meet growi .

BPCL's joint venture with IOC wins production concession in Abu Dhabi
Petroleum - Sep 12,2024
Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) have received a production concession from The Supreme Council for Financial and Economic Affairs (SCFEA) in Abu Dhabi. This follow .