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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 .

Chhara LNG terminal again delays commissioning
Petroleum - Aug 07,2024
HPCL has postponed the commissioning of its 5mn t/yr Chhara LNG terminal to November-December due to weather conditions, marking the second delay this year. The terminal faced setbacks in April due to .

Swachh Bio to invest Rs 1,000 crore in Telangana
Petroleum - Aug 07,2024
Swachh Bio plans to invest over Rs 1,000 crore in a bio-fuel plant in Telangana, creating 500 jobs. The company, in collaboration with its international partner Suganit Biorenewables, has signed an ag .

IOCL’s dedicated jetty at Ennore port to be operational by December
Petroleum - Aug 02,2024
Indian Oil Corporation Ltd (IOCL) is set to complete a ₹921 crore exclusive oil jetty at Kamarajar Port, Ennore, by December 2024, boosting the port's capacity by 3 million tonnes annually. The .

India HPCL scouts for LNG deals hopes to start LNG terminal by December
Petroleum - Aug 02,2024
Hindustan Petroleum Corp Ltd (HPCL) plans to commission its 5 million ton per year LNG terminal in western India by the end of 2024, following a weather-related delay in April. HPCL is securing long-t .

Spacenet & Russian firm form JV for LNG project
Petroleum - Aug 02,2024
Spacenet Enterprises India Ltd and Modern Fuel Technologies have launched a joint venture to advance LNG infrastructure across India. The partnership aims to meet growing energy demands, with plans to .