Oil Refinery
MEIL to build Mongolia’s first greenfield oil refinery
Oil & Gas
November 3, 2022
MEIL to build Mongolia’s first greenfield oil refinery
Megha Engineering & Infrastructures Limited (MEIL) has received the LOA for the Mongol Refinery Project, which entails building Mongolia’s first…
Sri Lanka shuts its only oil refinery to manage forex crisis
Oil & Gas
November 17, 2021
Sri Lanka shuts its only oil refinery to manage forex crisis
Sri Lanka has temporarily shut its only oil refinery as part of efforts to manage dwindling foreign exchange reserves, the…
Nayara Energy ties up Rs4,000 cr to foray into petrochemical
Oil & Gas
August 27, 2021
Nayara Energy ties up Rs4,000 cr to foray into petrochemical
Nayara Energy said it has achieved financial closure for phase-one expansion plans for petrochemical business following the tie-up of Rs…
India’s gas production jumps 19.5% in June
Oil & Gas
July 23, 2021
India’s gas production jumps 19.5% in June
India's natural gas production jumped 19.5% in June, as Reliance Industries Ltd and its partner BP Plc ramped up output…
Assam gives Rs 500 crore to OIL to increase stake in NRL
Oil & Gas
May 28, 2021
Assam gives Rs 500 crore to OIL to increase stake in NRL
The Assam government handed over a cheque of Rs 500 crore to Oil India Limited (OIL) as a part of…
Cyclone Yaas: Oil & gas installations in survival mode
Oil & Gas
May 26, 2021
Cyclone Yaas: Oil & gas installations in survival mode
Ships at anchorage have been asked to move to a safer area in the sea while oil and gas installations…
IOCL to invest Rs 32,496 crore to expand Panipat refinery
Oil & Gas
February 27, 2021
IOCL to invest Rs 32,496 crore to expand Panipat refinery
Indian Oil Corporation Limited (IOCL) said it will invest Rs 32,946 crore to expand its oil refinery at Panipat in…
Oil prices climb as deep freeze shuts US oil wells
Oil & Gas
February 16, 2021
Oil prices climb as deep freeze shuts US oil wells
Oil prices rose as a cold front shut wells and refineries in Texas, the biggest crude producing state in the…
Subsidy payment push to keep Australian refineries open
Oil & Gas
December 14, 2020
Subsidy payment push to keep Australian refineries open
Australia will bring forward by six months a payment to support the country's three remaining oil refineries to help tide…
IOCL raises refinery operations to 60% of design capacity
Oil & Gas
May 11, 2020
IOCL raises refinery operations to 60% of design capacity
With the demand for petroleum products gradually picking up, Indian Oil has re-started several process units at its refineries that…
ExxonMobil, IndianOil and Chart Industries to pioneer virtual pipeline initiative
Oil & Gas
February 25, 2020
ExxonMobil, IndianOil and Chart Industries to pioneer virtual pipeline initiative
ExxonMobil India LNG Limited has signed a Letter of Cooperation with Indian Oil Corporation Limited and Chart Industries, Inc. to…
ExxonMobil expands LNG collaborations in India
Oil & Gas
October 15, 2019
ExxonMobil expands LNG collaborations in India
ExxonMobil India LNG Limited, an affiliate of ExxonMobil, signed an MoU with Indian Oil Corporation Ltd. (Indian Oil), the largest…
Modernization of Indian refineries
Oil & Gas
July 10, 2019
Modernization of Indian refineries
Indian refineries have adopted modern technologies for production of petroleum products and continuously upgrade the technologies in line with their…