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Petroleum Sector News & Updates - December 14, 2025



Oil India forms joint venture with Assam Govt to set up fertilizer plant
Petroleum   -  Jul 29,2025
Oil India Limited has formed a joint venture, Assam Valley Fertilizer and Chemical Company Limited (AVFCCL), with partners including the Government of Assam, NFL, HURL, and BVFCL, to develop the Namru .


Selan Exploration technology commences production from Mukkamala field in Krishna-Godavari Basin
Petroleum   -  Jul 26,2025
Selan Exploration Technology Ltd has started gas production from the Mukkamala Field in the Dangeru Contract Area, Krishna-Godavari Basin—its first outside Cambay Basin. Following a merger with Ante .


Petronet LNG seeks a substantial local loan of at least Rs 120 billion
Petroleum   -  Jul 24,2025
Petronet LNG is seeking a major local loan of Rs 120 billion to fund two expansion projects, including a Rs 206.85 billion petrochemical complex in Dahej, Gujarat. This initiative marks one of India†.


Engineers India floats tender for civil works for BPCL’s Bina Refinery expansion project 
Petroleum   -  Jul 22,2025
Engineers India Limited (EIL) has floated a tender for civil, structural, and underground piping works for the Electrolysis Chlorine Unit in BPCL’s ₹48,926 crore Bina Refinery and Petrochemical Ex .


Mahanagar Gas powers up for green future with Rs 1,325 crore investment
Petroleum   -  Jul 18,2025
Mahanagar Gas Ltd (MGL) plans to invest Rs 1,325 crore with partners over two years to establish an EV battery gigafactory and a compressed biogas (CBG) facility. Aiming to reduce reliance on CNG, whi .


ONGC eyes major refining expansion with new 200,000-240,000 bpd plant in Gujarat
Petroleum   -  Jul 18,2025
Oil and Natural Gas Corporation (ONGC) is conducting a pre-feasibility study for a proposed oil refinery in Jamnagar, Gujarat, with a planned capacity of 200,000–240,000 bpd. Estimated to cost Rs 1. .


Thermax Babcock & Wilcox Energy announced as L1-bidder for works at PP plant in Gujarat
Petroleum   -  Jul 15,2025
Thermax Babcock & Wilcox Energy Solutions (TBWES) has emerged as the lowest bidder (L1) for a Rs 277.02 crore contract from Engineers India. The contract covers a heater package for a propane dehydrog .


BPCL, MNG and Torrent Gas award Letter of Award to Desco Infratech
Petroleum   -  Jul 15,2025
Desco Infratech Limited has secured multiple orders worth Rs 9.53 crore (including GST) from BPCL, MNGL, and Torrent Gas. The contracts include a CGD project in Ahmednagar, following Desco's L1 b .


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