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Petroleum Sector News & Updates - September 17, 2024



BPCL to invest Rs 1,138 crore in expanding Cochin-Coimbatore-Karur and Irugur-Devangonthi pipelines
Petroleum   -  Sep 16,2024
Bharat Petroleum Corporation Ltd (BPCL) has approved a Rs 1,138 crore investment to expand the Cochin-Coimbatore-Karur Pipeline (CCKPL) and the Irugur-Devangonthi Pipeline (IDPL). The CCKPL capacity w .


BPCL's joint venture with IOC wins production concession in Abu Dhabi
Petroleum   -  Sep 12,2024
Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) have received a production concession from The Supreme Council for Financial and Economic Affairs (SCFEA) in Abu Dhabi. This follow .


Oil companies in India betting big on petchem, expanding refining capacity
Petroleum   -  Sep 10,2024
India's state-run oil companies are expanding refining capacity to meet growing energy needs driven by strong economic growth. BPCL plans a new 12 MMTPA refinery, while ONGC is collaborating wi .


Deep Industries wins Rs 1,402 crore project from ONGC
Petroleum   -  Sep 09,2024
Deep Industries has secured a Rs 1,402 crore order from Oil and Natural Gas Corporation (ONGC) for Production Enhancement Operations at ONGC's Rajahmundry Asset. The 15-year contract aims to boos .


Mazagon Dock Shipbuilders bags Rs 1,486-crore order from ONGC
Petroleum   -  Sep 09,2024
Mazagon Dock Shipbuilders has secured a contract worth Rs 1,486.40 crore from ONGC for a pipeline replacement project, PRP 8 Group A, to be completed by February 28, 2026. Mazagon Dock specializes in .


India’s top oil explorer may set up refinery in Uttar Pradesh
Petroleum   -  Sep 05,2024
Oil and Natural Gas Corp. (ONGC) is exploring a multibillion-dollar refinery and petrochemical project in Uttar Pradesh, potentially costing over 700 billion rupees ($8.3 billion). ONGC is in discus .


Bio-CNG plant to come up at Ghazipur
Petroleum   -  Sep 04,2024
A new bio-CNG plant will be set up in Ghazipur to convert wet waste into clean fuel. The Municipal Corporation of Delhi (MCD) has signed an MoU with Indraprastha Gas Limited (IGL), which will cover th .


Chatterjee Group seeks oil firms’ partnership for USD 10-billion project
Petroleum   -  Sep 02,2024
The Chatterjee Group (TCG) plans a $10 billion oil-to-chemicals project in Cuddalore, Tamil Nadu, partnering with ONGC and HPCL. TCG will hold 51% ownership, while the Indian state-run firms will coll .


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