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GAIL plans to double capacity at its Dabhol LNG terminal
Petroleum - Apr 16,2024
GAIL plans to double its LNG terminal capacity at Dabhol, Maharashtra, to 12 mtpa by 2030-31. The current capacity is 5 mtpa, operating at 2.9 mtpa. GAIL aims to mitigate idle periods during monsoons .

Petregaz India commissions Rs 600 crore LPG import and storage terminal
Petroleum - Apr 15,2024
Petregaz India, a Petredec Group subsidiary, inaugurated a new LPG import and storage terminal at Krishnapatnam, Andhra Pradesh, costing Rs 600 crore. With an annual capacity exceeding 1.5 million ton .

IOCL issues tender for 10 KTPA green hydrogen plant
Petroleum - Apr 09,2024
Indian Oil Corporation Limited seeks proposals for a 10 KTPA green hydrogen unit at its Panipat refinery complex under a BOO model. Bidders must deposit Rs 54.9 million and demonstrate experience in h .

Haldia Petrochemicals plans $10 billion oil-to-chemical project in south India
Petroleum - Apr 03,2024
The Chatterjee Group (TCG) is seeking partnerships to develop a $10 billion oil-to-chemical project in southern India through Haldia Petrochemicals Ltd (HPL). The project, expected to produce 3.5 mill .

IOCL, Panasonic to form joint venture to make lithium-ion cells
Petroleum - Apr 01,2024
Indian Oil Corporation Ltd (IOCL) and Panasonic Energy plan to form a joint venture for manufacturing cylindrical lithium-ion cells in India. They've signed a binding term sheet after a heads of .

Chennai refinery expansion cost goes up over Rs 3,600 crore, says IOC
Petroleum - Mar 29,2024
Indian Oil Corporation (IOC) plans to increase its stake in the joint venture constructing a 9 million tonnes refinery in Chennai to 75% due to a project cost escalation of over 12%. Originally, IOC a .

ONGC to drill well for oil and gas in Bihar
Petroleum - Mar 27,2024
ONGC intends to drill wells in Bihar and Uttar Pradesh for oil and gas exploration, utilizing 3D seismic data acquired for its Samastipur block. The first drilling, estimated at Rs 30 to 35 crore, aim .

Vellalore to get a biogas plant at a cost of Rs 68 crore
Petroleum - Mar 18,2024
Coimbatore Corporation Commissioner M. Sivaguru Prabhakaran announced approval for a biogas plant at Vellalore, funded with ₹60 crore from the state. Tendering has begun, and construction will comme .