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Petroleum Sector News & Updates - February 4, 2026



Tender floated for MIA & CRZ study for greenfield refinery of BPCL in Andhra Pradesh
Petroleum   -  May 23,2025
Engineers India (EIL) has issued a tender for Marine Impact Assessment (MIA) and Coastal Regulation Zone (CRZ) studies for BPCL’s proposed 9-12 MTPA greenfield refinery in Ramayapatnam, Andhra Prade .


Bids invited for condensate recovery project at CPCL, Tamil Nadu
Petroleum   -  May 22,2025
Chennai Petroleum Corporation (CPCL) has invited bids for the Condensate Recovery Project at its Manali facility in Tamil Nadu. The project involves piling, civil, and structural works, with completio .


Exxon and BP in early talks with ONGC for $5 Billion KG Basin Project
Petroleum   -  May 22,2025
ExxonMobil, BP, and Shell are in early talks with ONGC to partner in its USD 5 billion deep-sea project in the Krishna-Godavari basin. ONGC aims to boost production from the underperforming KG-DWN-98/ .


Himanta Biswa launches Assam's first piped natural gas supply project in Guwahati
Petroleum   -  May 13,2025
Assam CM Himanta Biswa Sarma launched the state's first PNG supply project in Guwahati, covering 101 households initially. He also inaugurated Barak Valley’s first CNG station and laid foundati .


Karnataka govt, GAIL ink MoU to develop one GW RE capacity
Petroleum   -  May 12,2025
The Karnataka Government has signed an MoU with GAIL (India) to develop around 1 GW of renewable energy capacity with a proposed investment of Rs 5,000 crore. The project will include solar, wind, and .


Suzlon, Integrum Energy secures contract for 50 MW wind farm from BPCL
Petroleum   -  May 09,2025
Suzlon Energy has secured a 50 MW wind farm contract from BPCL for its Madhya Pradesh project, supporting BPCL’s refineries' power needs. This is part of BPCL's goal to develop a 10 GW cle .


CPCL plans to spend Rs 700-800 crore each year for the next 2 years
Petroleum   -  May 05,2025
Chennai Petroleum Corporation Ltd. (CPCL) plans to invest Rs 700–800 crore annually over two years, nearly double its usual spending, mainly to upgrade Lube Oil Base Stocks (LOBS) 2 and 3. The proje .


Indian Oil receives Board's approval for revised project cost of Barauni Refinery in Bihar
Petroleum   -  May 02,2025
Indian Oil Corporation (IOCL) has received board approval to expand its Barauni Refinery in Bihar with a revised budget of Rs. 16,724 crore, up from Rs. 13,779 crore. The expansion will increase crude .


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