India Partner With Nepal for USD 103 Million Pipeline Expansion
The expansion is centered on two primary petroleum routes: the 62-kilometer Amlekhgunj–Chitwan pipeline and the 50-kilometer Siliguri–Jhapa pipeline, with a combined cost of Rs 15 billion (approximately USD 103.1 million). The infrastructure will be financed through grants provided by the Indian Oil Corporation and NOC funds of approximately USD 59.4 million. Jan 26, 2026 The […]
IOC to Invest over INR 21,000 Crore in Bihar’s City Gas Projects
The company will set up a network of retail CNG to automobiles and piped cooking gas to households and industries in 27 cities of Bihar, along with expanding its Barauni refinery to 9 million TPA. Dec 24, 2024 The Indian Oil Corporation (IOC) will invest over INR 21,000 crore to expand its Barauni refinery as […]
Government Permits ADNOC to Export Crude Oil from Mangalore Underground Strategic Storages
As per the Commerce and Industry Ministry order, ADNOC has been given permission to re-export crude oil from its commercial stockpile at Mangalore strategic petroleum reserve at its own cost. Mar 28, 2024 In order to give operational flexibility to the Abu Dhabi National Oil Company (ADNOC), the Government of India has given permission to […]
India and Sri Lanka in Talks on Planned Multi-Product Oil Pipeline Aimed to Strengthen their Ties
A discussion was held between India and Sri Lanka for a planned multi-product oil pipeline from Nagapattam, India to Trincomalee Tank Farm and Colombo in Sri Lanka at the India Energy Week held in Goa. Feb 10, 2024 The Government of India through Indian Oil Corporation (IOC) has submitted a preliminary plan to Mr. Kanchana […]
Indigenous Push: ONGC, IOC, Other Oil PSUs to Invest INR 1.2 Trillion in Energy Sector
India’s Energy sector to get a major push with ONGC, IOC, other PSUs deciding to invest INR 1.2 trillion for oil and gas exploration, refineries, petrochemicals and laying of pipelines. Feb 16, 2024 India’s energy sector is in for a major boost as some of the largest Public Sector Undertakings (PSUs), including the Oil and […]
Maharashtra Seamless Secures INR 116 Crore Order from IOCL
Maharashtra Seamless has won an order of INR 116 from IOCL for the supply of seamless pipes leading to a rise of 2 percent in their shares. Jan 30, 2024 Maharashtra Seamless, one of the largest manufacturers of seamless steel pipes and tubes, recently secured two contracts with a total basic value of INR 116 […]
PM Narendra Modi Lays Foundation Stone Of Pipeline Projects Worth INR 9000 Crore
Shri Narendra Modi laid the foundation stone of petroleum & natural gas pipeline projects worth more than INR 9000 crore in Tamil Nadu. Jan 02, 2024 The Prime Minister, Shri Narendra Modi recently laid the foundation stone of important petroleum and natural gas projects worth more than INR 9000 crore. The two projects dedicated to […]
IOC to Spend INR 17 Billion to Construct 2 Petroleum Pipelines
India will spend over INR 17 billion to construct 2 petroleum pipelines and 1 greenfield terminal out of the 4 identified projects. IOC shall construct Siliguri-Jhapa Pipeline, Amlekhganj-Lothar Petroleum Pipeline, and the Jhapa terminal, while Nepal Oil Corporation will construct the Chitwan terminal. May 26, 2023 India will be spending over INR 17 billion on […]
Indian Oil to Invest INR 61,000 crore for Petrochemical Complex Setup at Orissa
Indian Oil Corporation is set to make an investment of INR 61,077 crore, the company’s largest investment at a single location, towards building a petrochemical complex at Paradip, Orissa. The complex is expected to include a world-scale cracker unit along with downstream process units for producing several petrochemical products. The project will be a growth […]
Indian Oil Set to Invest INR 2,200 Crore for Multiple Expansion Projects in Tamil Nadu
Indian Oil Corporation has lined up INR 2,200 crore as investment in Tamil Nadu for the next 2 years, as an initiative towards taking up major foundation and expansion projects in the state. The investment focuses on the LPG bottling plant near Kinathukadavu on the outskirts about its LPG storage and distribution infrastructure. It includes […]
