In a recent development, the Union Government has laid the foundation stone for the Mirzapur petroleum storage terminal. Indian Oil Corporation Limited is undertaking setting up a grassroot petroleum storage terminal at Hinauti in Mirzapur in […]
Mangalore Refinery and Petrochemicals Limited (MRPL) is planning to set up a sustainable aviation fuel (SAF) plant entailing an investment of Rs 4.5 billion. Currently, MRPL is seeking necessary approvals from its board for the […]
In a notable development, Bharat Petroleum Corporation Limited’s (BPCL) board has approved the proposal for setting up the polypropylene (PP) plant at Kochi refinery entailing an investment of Rs 50.44 billion. The plant is likely […]
The central government has successfully inaugurated the second floating CNG mobile refuelling unit (MRU) station at Ravidas Ghat in Varanasi, Uttar Pradesh. The floating CNG MRU, being built by GAIL, has a compression capacity of […]
As per reports, Indian Oil Corporation Limited (IOCL) has secured 1.45 mscmd gas out of the total 4 mscmd natural gas offered by the consortium of Reliance Industries Limited and BP Exploration (Alpha) Limited in […]
The Gujarat government has approved the public-private partnership (PPP) model for establishing and developing compressed natural gas (CNG) stations in the state. The state government has sanctioned the full dealer-owned dealer-operated (FDODO) CNG scheme to […]
The Ministry of Petroleum and Natural Gas (MoPNG) has granted its approval for setting up strategic natural gas reserves and has directed ONGC, Oil India Limited (OIL) and GAIL (India) Limited to work jointly on […]
In a notable development, ONGC has planned an investment worth Rs 1 trillion to set up two petrochemical plants in two states for direct conversion of crude oil into high value chemicals by 2030. While […]
Bharat Petroleum Corporation Limited (BPCL) is likely to expand its fuel retail network by two-thirds in order to increase its share in the domestic fuel market. It will add around 14,273 pumps. Moreover, the company […]
Gujarat government has signed eleven memorandum of understanding (MoU) entailing an investment of Rs 670 billion in petrochemical sector. The MoUs has been signed to enhance the development of the petroleum and chemical industry, given […]
Oil and Natural Gas Corporation Limited (ONGC) is likely to commence production of crude oil from cluster-2 fields in the KG-DWN-98/2 (KG-D5) block in the Bay of Bengal in May 2024. The floating production storage […]
Megha City Gas Distribution Private Limited has successfully inaugurated two CNG daughter booster stations at Nakrekal and Suryapet in Nalgonda geographical area (GA) of Telangana. With this, Megha Gas has 16 CNG stations in Nalgonda […]
In a recent development, the Union Government has laid the foundation stone for the Mirzapur petroleum storage terminal. Indian Oil Corporation Limited is undertaking setting up a grassroot petroleum storage terminal at Hinauti in Mirzapur […]
Mangalore Refinery and Petrochemicals Limited (MRPL) is planning to set up a sustainable aviation fuel (SAF) plant entailing an investment of Rs 4.5 billion. Currently, MRPL is seeking necessary approvals from its board for the […]
In a notable development, Bharat Petroleum Corporation Limited’s (BPCL) board has approved the proposal for setting up the polypropylene (PP) plant at Kochi refinery entailing an investment of Rs 50.44 billion. The plant is likely […]
Commercial operations at the 450,000 tonnes per annum (tpa) polypropylene (PP) plant under the Vadinar refinery expansion are likely to commence by June 2024. Vadinar refinery expansion encompasses capacity expansion of the refinery from 20 […]
In a recent development, Thermax Limited has won a contract of more than Rs 5 billion for setting up five bio-CNG plants each in Rajasthan, Madhya Pradesh, Uttar Pradesh and two in the state of […]
In a notable development, Indraprastha Gas Limited (IGL) has inaugurated the first company owned company operated CNG station at Transport Nagar in Hapur, Uttar Pradesh. IGL is an Indian natural gas distribution company that supplies […]
Oil and Natural Gas Corporation Limited (ONGC) is likely to commence production of crude oil from cluster-II fields in KG-DWN-98/2 (KG-D5) block in the Bay of Bengal in May 2024. Earlier, the production was anticipated […]
The Ministry of Petroleum and Natural Gas (MoPNG) has notified the price of domestic natural gas for the period December 1, 2023 to December 31, 2023 as USD8.47 per million British thermal unit (mBtu) on […]
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