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Petroleum Sector News & Updates - January 16, 2026



Kamarajar Port inks MoUs valued at Rs 1,920 crore
Petroleum   -  Oct 20,2023
Kamarajar Port Ltd inked 24 MoUs during the 3rd Global Maritime India Summit 2023 in Mumbai. The event facilitated partnerships with various entities, including Indian Oil Corporation Ltd, Ennore Tank .


Haldia Petrochemicals to invest Rs 3,000 crore in new unit in West Bengal
Petroleum   -  Oct 16,2023
HPL plans to invest Rs 3,000 crore for new units in West Bengal, including a propylene plant and a phenol unit at its Haldia facility, with expected completion by Q1 2026. Anticipated benefits include .


Almondz Global Securities Ltd's JV inaugurates enhanced capacity Ethanol Plant
Petroleum   -  Sep 20,2023
Almondz Global Securities Ltd announced that Premier Alcobev Private Limited, their joint-venture company, has completed a 200 KLPD Ethanol Plant in Kangra, Himachal Pradesh, alongside their existing .


Petromin Corporation inks 3 agreements with HPCL
Petroleum   -  Sep 19,2023
Petromin Corporation KSA has announced a substantial USD 700 million investment in collaboration with Hindustan Petroleum Corporation Limited (HPCL) across three key locations. Petromin Express India, .


PCM Group announces ethanol and sleeper manufacturing units during Spain trip
Petroleum   -  Sep 19,2023
A delegation from the Bengal government, led by Chief Secretary H.K. Dwivedi and Industry Secretary Vandana Yadav, visited Travipos, a subsidiary of PCM Railone in Spain. PCM Group of Industries, whic .


Oil India and its subsidiary Numaligarh Refinery to invest Rs 8,000 crore in Ethanol
Petroleum   -  Sep 19,2023
Oil India and its subsidiary, Numaligarh Refinery Ltd (NRL), are jointly investing in the 2G ethanol industry with an approximate investment of Rs 8,000 crore. Oil India is pursuing various sustainabl .


Modi lays foundation stone for Bina Refinery
Petroleum   -  Sep 14,2023
In a ceremony, Indian Prime Minister Narendra Modi laid the foundation stone for the Bina Refinery, marking a significant milestone in the country's energy sector. The project aims to enhance Ind .


Modi to lay foundation stone for Rs 50,000 crore expansion project of BPCL refinery in MP
Petroleum   -  Sep 10,2023
Indian Prime Minister Modi is set to lay the foundation stone for Bharat Petroleum Corporation Limited's (BPCL) massive Rs 50,000 crore expansion project of its refinery in Madhya Pradesh (MP). T .


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