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Petroleum Sector News & Updates - February 4, 2026



Chevron to invest Rs 8,300 crore in Karnataka
Petroleum   -  Aug 26,2024
Chevron announced an Rs 8,300 crore investment to establish its Engineering and Innovation Centre of Excellence in Karnataka. The centre, which will create 600 engineering and digital services jobs by .


JNK India bags major order from HPCL
Petroleum   -  Aug 21,2024
JNK India has secured a major order from Hindustan Petroleum Corporation (HPCL) to set up an HP TDAE (Treated Distillate Aromatic Extracts) unit at HPCL Mumbai Refinery. The contract, valued between R .


ONGC awards contract for offshore expansion project
Petroleum   -  Aug 19,2024
ONGC has awarded a key offshore contract to enhance infrastructure on the west coast as part of its major expansion plans. By 2025, ONGC will issue tenders for multiple offshore EPC projects, includin .


Bharat Petroleum Corporation selects multiple lummus technologies for new large-scale project in India
Petroleum   -  Aug 19,2024
Lummus Technology has been awarded a contract by Bharat Petroleum Corporation Limited (BPCL) for multiple technologies for a new ethylene plant in Bina, Madhya Pradesh, part of BPCL's Bina Petroc .


BPCL plans Rs 1.7 lakh crore investment for green energy, expanding core refining business
Petroleum   -  Aug 19,2024
Bharat Petroleum Corporation (BPCL) plans to invest Rs 1.7 lakh crore over five years under its 'Project Aspire' initiative. The investment will focus on expanding its core businesses in ref .


Essar Oil to invest Rs 3,000 crore in Raniganj CBM block to increase gas production
Petroleum   -  Aug 14,2024
Essar Oil and Gas Exploration and Production will invest up to Rs 3,000 crore in its Raniganj coal bed methane (CBM) block in West Bengal. The company aims to increase its contribution to India’s ga .


Andhra Pradesh pitches three sites for BPCL project
Petroleum   -  Aug 13,2024
The Andhra Pradesh government has offered Bharat Petroleum (BPCL) land in Machilipatnam, Ramayapatnam, or Mulapeta for a proposed 9-12 mtpa refinery-cum-petrochemicals complex. The project, expected t .


Numaligarh Refinery’s expansion will augment crude refining capacity: Minister Hardeep Puri
Petroleum   -  Aug 08,2024
India's Minister for Petroleum and Natural Gas, Hardeep Puri, highlighted progress towards energy self-sufficiency with the expansion of the Numaligarh Refinery in Assam. The refinery’s capacit .


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