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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’ .

SIPB gives nod to Rs 1.82 lakh crore investments
Petroleum - Jan 02,2025
The State Investment Promotion Board, chaired by Andhra Pradesh CM N Chandrababu Naidu, approved investments worth ₹1.82 lakh crore across nine projects, creating 2.63 lakh jobs. Key among these is .

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 .

BPCL picks Andhra Pradesh for India's last greenfield refinery project
Petroleum - Dec 26,2024
Bharat Petroleum Corporation Ltd (BPCL) has approved setting up a greenfield oil refinery-cum-petrochemical complex in Andhra Pradesh with an estimated cost of Rs 6,100 crore. The project includes pre .

Swan Energy, Singapore’s AG&P to form JV for LNG ops, storage unit
Petroleum - Dec 24,2024
Swan Energy has signed a preliminary agreement with AG&P Terminals & Logistics to form a joint venture (JV) for LNG supply in India and beyond. Swan Energy will hold a 51% stake, while AG&P LNG will o .

NPG reviews five key infrastructure projects
Petroleum - Dec 20,2024
The 85th meeting of the Network Planning Group (NPG) evaluated five infrastructure projects under the PM Gati Shakti National Master Plan. These include three major highway projects: upgrading NH-927 .