CapEx News

BPCL to invest Rs 1,138 crore in expanding Cochin-Coimbatore-Karur and Irugur-Devangonthi pipelines

Petroleum Sep 16,2024

Bharat Petroleum Corporation Ltd (BPCL) has approved a Rs 1,138 crore investment to expand the Cochin-Coimbatore-Karur Pipeline (CCKPL) and the Irugur-Devangonthi Pipeline (IDPL). The CCKPL capacity w

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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

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Oil companies in India betting big on petchem, expanding refining capacity

Petroleum Sep 10,2024

India's state-run oil companies are expanding refining capacity to meet growing energy needs driven by strong economic growth. BPCL plans a new 12 MMTPA refinery, while ONGC is collaborating with

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India’s top oil explorer may set up refinery in Uttar Pradesh

Petroleum Sep 05,2024

Oil and Natural Gas Corp. (ONGC) is exploring a multibillion-dollar refinery and petrochemical project in Uttar Pradesh, potentially costing over 700 billion rupees ($8.3 billion). ONGC is in discussi

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Bharat Petroleum Corporation selects multiple lummus technologies for new large-scale project in India

Petroleum Aug 19,2024

Lummus Technology has been awarded a contract by Bharat Petroleum Corporation Limited (BPCL) for multiple technologies for a new ethylene plant in Bina, Madhya Pradesh, part of BPCL's Bina Petroc

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BPCL plans Rs 1.7 lakh crore investment for green energy, expanding core refining business

Petroleum Aug 19,2024

Bharat Petroleum Corporation (BPCL) plans to invest Rs 1.7 lakh crore over five years under its 'Project Aspire' initiative. The investment will focus on expanding its core businesses in ref

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BPCL ready to invest Rs 1 lakh crore in Andhra Pradesh

Petroleum Jul 12,2024

Andhra Pradesh Industries Minister TG Bharat announced that Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs 1 lakh crore in the state, primarily for setting up an oil refinery. Initially, B

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BPCL planning to set up new refinery worth Rs 50,000 crore

Petroleum Jun 11,2024

BPCL plans to establish a new 12 MMTPA refinery, investing around Rs 50,000 crore. Potential locations include Andhra Pradesh, Uttar Pradesh, and Gujarat. This initiative aims to meet rising fuel dema

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