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Petroleum Sector News & Updates - February 4, 2026



L&T onshore bags Rs 10,000 crore BPCL order for India’s Largest Polyethylene swing unit
Petroleum   -  Dec 23,2025
An engineering major has won a Rs 5,000–10,000 crore contract from a state-run refiner to build LLDPE and HDPE swing units at a Madhya Pradesh refinery. The project includes two 575 KTPA trains, Ind .


HCC bags Rs. 901-crore tunnel contract from North Frontier Railway
Petroleum   -  Dec 22,2025
Hindustan Construction Company (HCC) secured a Rs.901-crore tunnel project from North Frontier Railway, enhancing its infrastructure order book. The contract involves constructing tunnels in challengi .


Production at Ashoknagar Oil Field in West Bengal to begin soon
Petroleum   -  Dec 16,2025
ONGC is set to begin production at the Ashoknagar oil field in West Bengal in partnership with the state government. The project will strengthen regional energy security, reduce crude import dependenc .


Hindustan Zinc to set up North India’s first phosphate fertiliser plant in Chittoor
Petroleum   -  Dec 12,2025
Hindustan Zinc plans to set up North India’s first phosphate fertiliser plant in Chittoor, marking backward integration into fertiliser manufacturing. The facility will produce phosphoric acid and r .


Petronet LNG secures Rs 12,000 crore loan for petrochem project
Petroleum   -  Dec 10,2025
Petronet LNG has secured Rs 12,000 crore financing for its upcoming petrochemicals complex, marking a strategic shift beyond LNG regasification into higher-margin downstream products. The project will .


HPCL invites bids for engineering services for balanceofplant at Visakhapatnam refinery
Petroleum   -  Nov 25,2025
Hindustan Petroleum Corporation Limited has issued tenders for balance-of-plant engineering at its Visakhapatnam refinery, marking a new modernization phase. The scope covers utilities and offsite sys .


CM Chandrababu Naidu lays foundation for Dammu BioFuels distillery plant in Tirupati
Petroleum   -  Nov 13,2025
Andhra Pradesh CM N. Chandrababu Naidu laid the foundation stone for Dammu BioFuels’ Rs. 245-crore distillery plant in Tirupati. The facility will produce ethanol and bio-derivatives, supporting Ind .


Oil India plans MSW-based biogas plant in Jorhat, Assam
Petroleum   -  Nov 06,2025
Oil India Limited (OIL) has issued a tender to set up a municipal-solid-waste-based compressed biogas (CBG) plant in Jorhat, Assam. The facility will convert organic waste into CBG for automotive and .


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