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Petroleum Sector News & Updates - February 4, 2026



Kesar Petroproducts initiates trial production at Ratnagiri facility
Petroleum   -  Jan 27,2025
Kesar Petroproducts has begun trial production at its new fertiliser plant in Ratnagiri, Maharashtra, with an annual capacity of 6,000 tons. The plant will manufacture high-end fertilisers, boosting .


BPCL awards contract for 1,400 EV fast chargers to Lubi Industries
Petroleum   -  Jan 23,2025
Bharat Petroleum Corporation Limited (BPCL) has partnered with Lubi Industries to install 1,400 fast DC electric vehicle chargers at its retail outlets across India. The project, aimed at expanding EV .


Trial run of Indian Oil's lube plant at Manali begins
Petroleum   -  Jan 17,2025
Indian Oil Corporation has begun the trial run of its Rs 1,400-crore integrated lube complex at Manali, Chennai. Once fully operational, it will be the second largest global lube plant with a 672,00 .


Nayara Energy pours $8 billion into Gujarat’s ethane cracker plant
Petroleum   -  Jan 13,2025
Nayara Energy, supported by Rosneft, will invest Rs 68,000 crore to build a 1.5 MTPA ethane cracker at its 20 MTPA refinery in Vadinar, Gujarat. This marks a significant foreign investment in India’ .


SIPB gives nod to Rs 1.82 lakh crore investments
Petroleum   -  Jan 02,2025
The State Investment Promotion Board, chaired by Andhra Pradesh CM N Chandrababu Naidu, approved investments worth ₹1.82 lakh crore across nine projects, creating 2.63 lakh jobs. Key among these is .


IOCL to set up naphtha cracker unit in Paradip
Petroleum   -  Dec 31,2024
Indian Oil Corporation (IOCL) plans to set up a Rs 61,000 crore naphtha cracker project at Paradip, Odisha, with an MoU expected in January. This project is part of a larger Rs 1 lakh crore investment .


IOCL issues tender for mainline laying, HDDs for LPG pipeline in Tamil Nadu
Petroleum   -  Dec 30,2024
Indian Oil Corporation (IOCL) has issued a tender for laying a 252 km LPG pipeline from BPCL Palakkad, Kerala to IOCL Salem, Tamil Nadu, valued at Rs 106.46 crore. The project includes mainline laying .


BPCL picks Andhra Pradesh for India's last greenfield refinery project
Petroleum   -  Dec 26,2024
Bharat Petroleum Corporation Ltd (BPCL) has approved setting up a greenfield oil refinery-cum-petrochemical complex in Andhra Pradesh with an estimated cost of Rs 6,100 crore. The project includes pre .


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