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petroleum Sector News & Updates - December 17, 2025



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 .


Odisha CM secures Rs 1 lakh crore investments in New Delhi
Petroleum   -  Apr 10,2025
The Odisha government signed 13 MoUs worth Rs 98,880 crore during a two-day investors' meet, promising to create over 67,000 jobs. The agreements include projects with Indian Oil Corporation (Rs .


IOC inks MoU with Odisha for Rs 61,077 crore Paradip Petrochemical Project
Petroleum   -  Apr 09,2025
Indian Oil Corporation (IOC) will invest Rs 61,077 crore to establish a mega petrochemical complex in Paradip, Odisha, to meet rising demand for petrochemicals. The project, including a naphtha cracke .


IGL board approves renewable energy JV for solar power plant in Rajasthan
Petroleum   -  Apr 01,2025
Indraprastha Gas Ltd (IGL) has approved a joint venture with Rajasthan Vidyut Utpadan Nigam Ltd (RVUNL) to develop a 500 MWp solar power project in Bikaner, Rajasthan. IGL will hold a 74% stake in the .


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