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Petroleum Sector News & Updates - November 21, 2024



Vizag refinery to operate at expanded capacity from early 2024
Petroleum   -  Jul 07,2023
Hindustan Petroleum Corp Ltd (HPCL) aims to operate its Vizag refinery at full capacity by early next year. With the addition of new secondary units, including a 9 million tonnes per year crude unit, .


JV signed to advance biofuels production capacity in India
Petroleum   -  Jul 07,2023
Indian Oil Corporation Limited (IOCL) and Praj Industries Limited (Praj) have signed a term sheet to enhance India's biofuel production capacity. The memorandum of understanding (MoU) includes va .


PNGRB proposes natural gas pipeline between Jammu and Srinagar
Petroleum   -  Jul 05,2023
The PNGRB has suggested constructing a natural gas pipeline from Jammu to Srinagar in Jammu & Kashmir to address the region's energy requirements. The downstream regulator has initiated a public .


REC to lend Rs 4,785 crore for refinery project in Rajasthan
Petroleum   -  Jul 05,2023
REC Limited will lend HRRL (a partnership between Hindustan Petroleum Corporation Ltd. and the Rajasthan government) Rs 4,785 crore for their project in Barmer, Rajasthan. HRRL is establishing a green .


Leading consortium starts production at crucial facility
Petroleum   -  Jul 03,2023
Reliance Industries Limited (RIL) and BP PLC have commenced production from the MJ field, marking the start of their third significant deepwater development in block KG D6 off the coast of India. The .


3600-metre pipeline installed across Subansiri River in Assam: Details inside
Petroleum   -  Jun 28,2023
Ace Energy Infrastructure has constructed a 3600-meter pipeline with a 24-inch diameter across the Subansiri River in Assam. The project, undertaken by Indradhanush Gas Grid Ltd., aimed to extend the .


Assam Cabinet approves Rs 823 crore investment in Numaligarh Refinery
Petroleum   -  Jun 26,2023
The Assam cabinet has approved an investment of Rs 823 crore for the expansion project of Numaligarh Refinery Ltd. The project, costing Rs 28,026 crore in total, will increase the refinery's capa .


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