Indian OMCs launch new biodiesel tender for FY 2025-26

India’s state-owned Oil Marketing Companies (OMCs) have initiated a fresh tendering process for biodiesel procurement, seeking approximately 200 million liters for the first quarter of the upcoming financial year starting April 2025.  The latest tender was announced last week by Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited

BPCL signs MoU with NSI to scale up bioethanol production

In the biofuel sector, BPCL signed an MoU with the National Sugar Institute (NSI), Kanpur, to scale up sweet sorghum-based bioethanol production and build capacity for farmers and industry partners. BPCL has pledged INR 5 crores to support research and development initiatives within this partnership. The funding will optimise sweet sorghum yields, enhance agricultural practices, and create efficient juice

GAIL, BPCL to set up plants to produce CBG

The Chhattisgarh Biofuel Development Authority (CBDA) has inked an agreement with GAIL (India) and Bharat Petroleum Corporation (BPCL) for producing compressed biogas (CBG) from urban solid waste of six municipal corporations across the state.  According to state government officials, there is an immense potential for producing biofuel such as CBG from urban solid waste under

BPCL buys Middle East grades to replace Russian shortfall

Bharat Petroleum Corp (BPCL) is buying Middle Eastern crude to make up for less supply of cheaper Russian oil. Indian state refiners, which typically buy Russian oil in the spot market rather than under long-term contract, are unable to procure about 8 million to 10 million barrels of crude for January loading that they have

India’s fuel consumption increases 8% in 2024

India’s petrol consumption rose by almost 8 percent in the year till November from the previous year, while diesel witnessed a growth of 2.4 percent in the same period. India’s fuel demand saw an uptick in 2024 as the country’s energy consumption continues to grow amid the aim of becoming a ‘Viksit Bharat’ by 2047.

Ethanol sourcing from sugar mills to be less this season

The National Policy on Biofuel (NPB) 2018 has provisioned for an indicative target of 20% ethanol blending in petrol by 2030. Sugar mills could face disappointment after Centre tweaked a crucial condition in the tender document of oil marketing companies (OMC) to procure ethanol from mills, aside of considering a lower-than-expected hike in the price

Coal India and Bharat Petroleum sign MoU to assess a coal-to-synthetic natural gas project

Two Maharatna public sector enterprises, Coal India Limited (CIL) and Bharat Petroleum Corporation Limited (BPCL), have inked a non-binding Memorandum of Understanding (MoU) to investigate the viability of starting a coal-to-synthetic natural gas (SNG) project. In Mumbai, the MoU was signed on December 2, 2024. Surface coal gasification technology will be used in the project,

BPCL Russia oil intake share falls to 34% in Sept quarter

Indian refiner Bharat Petroleum Corp’s use of Russian oil fell to 34% of the total intake for crude processing in the July-September quarter due to a maintenance shutdown of units at its Bina and Kochi refineries, its finance head said. The state-run company, which can process about 706,000 barrels per day (bpd) at its three

Odisha gets investments for ethanol and compressed biogas projects

The Odisha Government has approved several projects in the state. In ethanol sector, Maa Chinnamastika Energy will invest Rs 104 crore in a grain-based ethanol plant, while IMFA (Indian Metals & Ferro Alloys) Ltd will establish a grain-based ethanol plant in Rayagada with an investment of Rs 139.9 crore. Additionally, investments will be made in

BPCL board approves JV with Sembcorp, GPS Renewables

Bharat Petroleum Corporation Limited (BPCL) is set to expand its presence in the renewable energy sector through two new joint ventures. The state-owned company’s Board of Directors has approved partnerships with Sembcorp Green Hydrogen India Pvt. Ltd. and GPS Renewables Pvt. Ltd., respectively. The company said in an exchange filing on Thursday, September 12, that