CapEx News

Oil India and its subsidiary Numaligarh Refinery to invest Rs 8,000 crore in Ethanol

Petroleum Sep 19,2023

Oil India and its subsidiary, Numaligarh Refinery Ltd (NRL), are jointly investing in the 2G ethanol industry with an approximate investment of Rs 8,000 crore. Oil India is pursuing various sustainabl

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OIL signs MoU with IIPE on green fuel project in Visakhapatnam

Petroleum Jul 27,2023

Oil India Limited (OIL) and the Indian Institute of Petroleum and Energy (IIPE) in Visakhapatnam have signed an MoU for a research project worth 1.25 crore. The project aims to use biomass-based graph

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ONGC, RIL among top bidders for oil and gas blocks

Petroleum Jul 11,2023

In the ninth round of auctions under the open acreage licensing policy (OALP), state-owned companies ONGC and Oil India Ltd, along with Reliance-BP, Vedanta, and Sun Petrochemicals Pvt Ltd, have submi

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Oil & gas PSUs set a target of 0.7 MTPA green hydrogen capacity by 2030

Power Generation Jul 06,2023

Rameswar Teli, the Minister of State for Petroleum and Natural Gas, announced that oil and gas sector public sector undertakings (PSUs) aim to establish 0.7 million tonnes per annum (MTPA) green hydr

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