JV signed to advance biofuels production capacity in India
According to a BSE filing by Indian Oil, Praj Industries Limited (Praj) and Indian Oil Corporation Limited (IOCL) have signed a term sheet to increase India’s capacity…
HPCL Rajasthan Refinery receives Rs 9187 crore finance from Power Finance Corporation
The HPCL Rajasthan Refinery Ltd. received financing in the amount of Rs 9,187 crore, according to the state-owned Power Finance Corporation (PFC). According to a business release,…
Vizag refinery to operate at expanded capacity from early 2024
After commissioning a few additional secondary units designed to upgrade fuels, Hindustan Petroleum Corp Ltd (HPCL), an Indian oil company, hopes to run its 15 million metric…
Tamil Nadu to get Rs 54,000 crore project including a refinery
The Indian Oil Corporation Limited (IOCL), Chennai, has agreed to invest Rs 54,000 crore in a number of projects in Tamil Nadu over the coming years, including…
PNGRB proposes natural gas pipeline between Jammu and Srinagar
In order to help Jammu & Kashmir’s union territory fulfil its energy needs, the Petroleum and Natural Gas Regulatory Board (PNGRB) has proposed building a natural gas…
REC to lend Rs 4,785 crore for refinery project in Rajasthan
REC limited (formerly Rural Electrification Corporation Limited) said that it will lend HRRL 4,785 crore for its project in Rajasthan. Hindustan Petroleum Corporation Ltd. (HPCL) and the…
Leading consortium starts production at crucial facility
Following testing and commissioning procedures, Reliance Industries Limited (RIL) and BP PLC announced the start of production from the MJ field on Friday. The RIL-BP consortium’s three…
3600-metre pipeline installed across Subansiri River in Assam: Details inside
A 3600-meter pipeline with a 24-inch diameter has been built by Ace Energy Infrastructure in Assam across the Subansiri River. Indradhanush Gas Grid Ltd. (IGGL), a joint…
Assam Cabinet approves Rs 823 crore investment in Numaligarh Refinery
The Numaligarh Refinery Ltd. expansion project has received approval from the Assam cabinet for an investment of Rs 823 crore. As part of the Rs 28,026 crore…
GAIL bags license to construct Gurdaspur-Jammu gas pipeline
GAIL (India) Ltd, the country’s largest gas distributor, defeated Indian Oil Corporation (IOC) to get a permit to build a gas pipeline from Gurdaspur in Punjab to…