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Petroleum Sector News & Updates - July 7, 2026



ONGC awards PMC contract to NET Enterprise
Petroleum   -  Apr 23,2024
ONGC awarded a contract to Nauvata Energy Transition (NET) Enterprise and PERC Engineering for FEED and PMC services. The contract covers concept study and bid package preparation for developments in .


Bharat Petroleum to lay ATF pipeline to link Noida International Airport
Petroleum   -  Apr 17,2024
BPCL will construct a 35-km ATF pipeline from Piyala Terminal, Haryana, to Noida International Airport (NIAL), Uttar Pradesh, as part of an agreement signed in February 2024. The pipeline, including a .


GAIL plans to double capacity at its Dabhol LNG terminal
Petroleum   -  Apr 16,2024
GAIL plans to double its LNG terminal capacity at Dabhol, Maharashtra, to 12 mtpa by 2030-31. The current capacity is 5 mtpa, operating at 2.9 mtpa. GAIL aims to mitigate idle periods during monsoons .


Petregaz India commissions Rs 600 crore LPG import and storage terminal
Petroleum   -  Apr 15,2024
Petregaz India, a Petredec Group subsidiary, inaugurated a new LPG import and storage terminal at Krishnapatnam, Andhra Pradesh, costing Rs 600 crore. With an annual capacity exceeding 1.5 million ton .


IOCL issues tender for 10 KTPA green hydrogen plant
Petroleum   -  Apr 09,2024
Indian Oil Corporation Limited seeks proposals for a 10 KTPA green hydrogen unit at its Panipat refinery complex under a BOO model. Bidders must deposit Rs 54.9 million and demonstrate experience in h .


Haldia Petrochemicals plans $10 billion oil-to-chemical project in south India
Petroleum   -  Apr 03,2024
The Chatterjee Group (TCG) is seeking partnerships to develop a $10 billion oil-to-chemical project in southern India through Haldia Petrochemicals Ltd (HPL). The project, expected to produce 3.5 mill .


IOCL, Panasonic to form joint venture to make lithium-ion cells
Petroleum   -  Apr 01,2024
Indian Oil Corporation Ltd (IOCL) and Panasonic Energy plan to form a joint venture for manufacturing cylindrical lithium-ion cells in India. They've signed a binding term sheet after a heads of .


Chennai refinery expansion cost goes up over Rs 3,600 crore, says IOC
Petroleum   -  Mar 29,2024
Indian Oil Corporation (IOC) plans to increase its stake in the joint venture constructing a 9 million tonnes refinery in Chennai to 75% due to a project cost escalation of over 12%. Originally, IOC a .


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