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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 .

Barauni-Guwahati gas pipeline project micro-tunnelling completed
Petroleum - Jul 11,2023
The micro-tunnelling for the Barauni-Guwahati gas pipeline project in Assam's Chirang district has been completed, marking a significant milestone for the Pradhan Mantri Urja Ganga project. Ace E .

Indian Oil & Praj to collaborate for building Biofuels production capacities in India
Petroleum - Jul 10,2023
Indian Oil Corporation Limited (Indian Oil) and Praj Industries Limited (Praj) have signed a term sheet to enhance India's biofuel production capacity. The agreement covers various biofuels such .

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 .

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, .

Tamil Nadu to get Rs 54,000 crore project including a refinery
Petroleum - Jul 07,2023
Indian Oil Corporation Limited (IOCL), Chennai, will invest Rs 54,000 crore in various projects in Tamil Nadu, including a 9 MMTPA grass-root refinery in Nagapattinam. The refinery will produce polypr .

HPCL Rajasthan Refinery receives Rs 9187 crore finance from Power Finance Corporation
Petroleum - Jul 07,2023
The HPCL Rajasthan Refinery Ltd. has secured financing of Rs 9,187 crore from the state-owned Power Finance Corporation (PFC). This marks the first project in the refinery and petrochemical industry t .

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 .