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Petroleum Sector News & Updates - April 28, 2025



Odisha CM secures Rs 1 lakh crore investments in New Delhi
Petroleum   -  Apr 10,2025
The Odisha government signed 13 MoUs worth Rs 98,880 crore during a two-day investors' meet, promising to create over 67,000 jobs. The agreements include projects with Indian Oil Corporation (Rs .


IOC inks MoU with Odisha for Rs 61,077 crore Paradip Petrochemical Project
Petroleum   -  Apr 09,2025
Indian Oil Corporation (IOC) will invest Rs 61,077 crore to establish a mega petrochemical complex in Paradip, Odisha, to meet rising demand for petrochemicals. The project, including a naphtha cracke .


IGL board approves renewable energy JV for solar power plant in Rajasthan
Petroleum   -  Apr 01,2025
Indraprastha Gas Ltd (IGL) has approved a joint venture with Rajasthan Vidyut Utpadan Nigam Ltd (RVUNL) to develop a 500 MWp solar power project in Bikaner, Rajasthan. IGL will hold a 74% stake in the .


Coal India incorporates joint venture with GAIL to tap the synthetic natural gas market
Petroleum   -  Mar 27,2025
Coal India Ltd. (CIL) has established a new subsidiary, "Coal Gas India Ltd.," in partnership with GAIL (India) Ltd. This joint venture marks CIL's entry into the synthetic natural gas (SNG) sect .


GAIL seeks PNGRB nod for uniform transportation tariff
Petroleum   -  Mar 27,2025
GAIL (India) has revised its transportation tariff on a postalised basis, meaning a uniform tariff across zones regardless of distance. The new rates are similar to existing ones, with slight increase .


HPCL’s Greenfield 5MTPA LNG Terminal commissioned at Chhara district of Gujarat
Petroleum   -  Mar 26,2025
A natural gas pipeline linking HPCL’s 5 MTPA LNG regasification terminal in Chhara, Gujarat, to the gas grid has been commissioned. Built by GSPL for ₹650 crore, it has an 18 MSCMD capacity. Mumba .


BPCL & KPIT Technologies partner for hydrogen-based mobility in Kerala
Petroleum   -  Mar 21,2025
BPCL and KPIT Technologies signed an MoU at the Global Hydrogen and Renewable Energy Summit to advance hydrogen-based mobility in Kerala. As part of the National Green Hydrogen Mission, Hydrogen Refue .


Oilmax Energy expands in Assam with Rs 450 crore investment
Petroleum   -  Mar 11,2025
Oilmax Energy will invest Rs 450 crore in Assam for oil and gas production, mineral development, and compressed biogas (CBG) production. At the Advantage Assam Summit, the company signed three MoUs: w .


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