CapEx News

Government Taps ONGC to Build ₹15,000 Crore Strategic Petroleum Reserve at Mangaluru, Karnataka

Petroleum Jun 19,2026

The government has asked ONGC to construct a 1.75 MMT underground strategic petroleum reserve at Mangaluru, Karnataka, estimated to cost around ₹15,000 crore, marking the first time a state-run oil

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Dee Development Engineers Bags ₹386.83 Crore Piping Manufacturing and Supply Contract from BPCL

Petroleum Jun 10,2026

Dee Development Engineers Limited has secured a ₹386.83 crore purchase order from Bharat Petroleum Corporation Limited for the manufacturing and supply of piping systems, to be executed by February

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ONGC Gets Environmental Clearance to Drill 600 New Oil and Gas Wells Across North Gujarat

Petroleum Jun 10,2026

ONGC's Mehsana Asset has received environmental clearance from the Central Government to drill 600 new oil and gas wells across 37 Petroleum Mining Lease blocks in North Gujarat.

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Think Gas Completes 500 km Pipeline Network in Kanchipuram and Chengalpattu Districts; Plans Expansion to 550 km and 70 CNG Stations

Petroleum Jun 09,2026

Think Gas has completed over 500 km of steel and MDPE natural gas pipeline network across the Kanchipuram and Chengalpattu geographical areas of Tamil Nadu, and plans to expand the network to 550 km

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CPCL and IOC Restructure ₹45,000 Crore Cauvery Basin Refinery and Petrochemicals Project at Nagapattinam With Petrochemical-First Approach and Revised Stake Structure

Petroleum Jun 06,2026

Chennai Petroleum Corporation Limited has restructured its proposed ₹45,000 crore Cauvery Basin Refinery and Petrochemicals Ltd project in Nagapattinam, shifting focus from a refinery-led to a petro

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Foundation stone for BPCL’s Rs. 1 lakh crore refinery project likely in July

Petroleum May 26,2026

Bharat Petroleum Corporation Limited is expected to lay the foundation stone for its ₹1 lakh crore greenfield refinery project in Andhra Pradesh in July. The mega investment will boost India’s ref

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MRPL, ONGC and OPaL to form petrochemicals marketing joint venture

Petroleum Apr 28,2026

Mangalore Refinery and Petrochemicals Limited, Oil and Natural Gas Corporation, and ONGC Petro additions Limited plan to form a joint venture for petrochemical product marketing. The collaboration aim

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IOCL bags KTPL gas pipeline project bid

Petroleum Apr 22,2026

Indian Oil Corporation Limited has won the KTPL gas pipeline project, strengthening its midstream presence. The project will enhance gas transportation, support industrial demand, expand city gas netw

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