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Petroleum Sector News & Updates - November 22, 2024



PEDA signs agreement with HPCL for establishing 10 compressed biogas projects in Punjab
Petroleum   -  Oct 30,2023
The Punjab Energy Development Agency (PEDA) and Hindustan Petroleum Corporation Limited (HPCL) have signed an MoU to establish ten compressed biogas (CBG) projects and other renewable energy initiativ .


Rossari Biotech board approves expansion of Ethoxylation Capacity
Petroleum   -  Oct 26,2023
Rossari Biotech Limited's subsidiary, Unitop Chemicals Private Limited, plans to expand its ethoxylation capacity by 30,000 MTPA, investing approximately Rs. 128 crore. The project, expected to b .


Kamarajar Port inks MoUs valued at Rs 1,920 crore
Petroleum   -  Oct 20,2023
Kamarajar Port Ltd inked 24 MoUs during the 3rd Global Maritime India Summit 2023 in Mumbai. The event facilitated partnerships with various entities, including Indian Oil Corporation Ltd, Ennore Tank .


Haldia Petrochemicals to invest Rs 3,000 crore in new unit in West Bengal
Petroleum   -  Oct 16,2023
HPL plans to invest Rs 3,000 crore for new units in West Bengal, including a propylene plant and a phenol unit at its Haldia facility, with expected completion by Q1 2026. Anticipated benefits include .


Almondz Global Securities Ltd's JV inaugurates enhanced capacity Ethanol Plant
Petroleum   -  Sep 20,2023
Almondz Global Securities Ltd announced that Premier Alcobev Private Limited, their joint-venture company, has completed a 200 KLPD Ethanol Plant in Kangra, Himachal Pradesh, alongside their existing .


Petromin Corporation inks 3 agreements with HPCL
Petroleum   -  Sep 19,2023
Petromin Corporation KSA has announced a substantial USD 700 million investment in collaboration with Hindustan Petroleum Corporation Limited (HPCL) across three key locations. Petromin Express India, .


PCM Group announces ethanol and sleeper manufacturing units during Spain trip
Petroleum   -  Sep 19,2023
A delegation from the Bengal government, led by Chief Secretary H.K. Dwivedi and Industry Secretary Vandana Yadav, visited Travipos, a subsidiary of PCM Railone in Spain. PCM Group of Industries, whic .


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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