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"HPCL boosts output at Vizag refinery following the successful startup of a new residue upgradation unit."

Hindustan Petroleum Corporation Ltd (HPCL) has commissioned a residue upgradation facility (RUF) at its Visakhapatnam refinery, boosting the plant’s deep-conversion capability, distillate output and overall profitability, the company said recently. The... Full Story

"Saudi Aramco and Oil India are expected to acquire equity stakes in BPCL’s upcoming refinery project in Andhra Pradesh."

State-owned Bharat Petroleum Corporation Ltd (BPCL) is considering diluting a 30–40 per cent stake in its proposed greenfield refinery project... Full Story

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HMEL to Invest ₹2,600 Crore in Guru Gobind Singh Refinery Expansion.

HPCL Mittal Energy Ltd (HMEL) recently announced plans to invest ₹2,600 crore at the Guru Gobind Singh Refinery in Bathinda, Punjab,... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

"Bharat Petroleum Seeks $3.8 Billion Loan for Refinery Project"
Bharat Petroleum Corp. (BPCL) is negotiating with lenders to secure approximately ₹31,000 crore ($3.8 billion) in what could become the largest local-currency loan in India... Full Story
CM Naidu Urges Announcement of BPCL Refinery for Andhra in Budget
Andhra Pradesh Chief Minister N Chandrababu Naidu held a series of meetings with Union ministers on Thursday to press for various state-centric issues, foremost among... Full Story
PFC extends Rs. 9,187 cr for HPCL Barmer refinery project.
In a first, state-run Power Finance Corporation (PFC) recently said it has extended its financial assistance of Rs. 9,187 crore to HPCL Rajasthan Refinery Ltd. (HRRL), for... Full Story
India may split planned mega refinery into several refineries: Reports.
India is considering building several refineries instead of a single mega plant planned with Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), due to challenges in acquiring... Full Story
MEIL to build Mongolia's first greenfield oil refinery.
Megha Engineering & Infrastructures Limited (MEIL) will build Mongolia's first oil refinery for the country, the company said recently. MEIL will build EPC-2 (Open Art Units, Utilities... Full Story
Board of Chennai Petroleum approves formation of JV for implementing 9 MMTPA refinery project.
The Board of Directors of Chennai Petroleum Corporation (CPCL), at its meeting held on 22 August 2022 considered and approved the proposal for formation of... Full Story
Indian Oil Corporation Ltd approves investment for capacity expansion of Digboi Refinery from 0.65 MMTPA to 1 MMTPA.
The Board of Indian Oil Corporation Ltd. (IndianOil) at its meeting held on 28th June 2022 has accorded investment approval for capacity expansion of Digboi... Full Story
Gokul Agro Resources Ltd. to set up new refinery unit.
The Board of Directors of Gokul Agro Resources Ltd at its meeting held recently, has considered, expansion of the Company by setting up of a... Full Story