India likely to achieve one million barrel refining capacity

Hindustan Petroleum Corporation (HPCL) is carrying out expansion plans at Bhatinda and Vizag as well as the greenfield refinery at Barmer, which are expected to be completed in FY24.

India mulls kicking off to seek equity in three big refineries

The Oil Ministry asked state-controlled Indian Oil Corp (IOC.NS) and Bharat Petroleum Corp Ltd (BPCL) (BPCL.NS) to launch rights issues, and asked Hindustan Petroleum Corp Ltd (HPCL) (HPCL.NS) to make a preferential share allotment to the government.

BPCL’S ethanol bio-refinery at Bargarh to boost green transition

The plant would produce ethanol from straw, waste and spoiled rice. It would help in increasing the income of the farmers in the surrounding areas, including Bargarh, Sambalpur, Sonepur and Balangir. Employment and self-employment opportunities would be created in the area.

BPCL and BARC collaborate for electrolyser technology

The oil marketing firm will utilise a third-party venture to set up the electrolyser-making facility, whereby the alkaline electrolyzers thus produced will likely cost 20 to 30 percent less than the current rate of about $800 per kW. BARC's technology enables the production of cost-effective electrolysers, with the potential for reducing the cost led by technological and economic innovations.

BPCL agrees to supply LNG to Tata Steel Mining

Tata Steel Mining Limited (TSML), has signed a Memorandum of Understanding (MoU) with Bharat Petroleum Corporation Limited (BPCL) to secure long-term supply of Liquified Natural Gas (LNG) for its Ferro Alloys Plant located in Jajpur, Odisha. The MoU was signed in presence of key officials of TSML and BPCL. As per the MoU, BPCL, India’s

Engineers India secures multiple orders

Engineers India (EIL) has secured orders worth Rs 48.82 crore across various segments of its portfolio. The contracts are for providing project management consultancy (PMC) services for third jetty at Dahej LNG Terminal for Petronet LNG, and carrying out detailed engineering work of CDU-1 revamp for Nayara Energy. Other assignments include study of revamp options

HPCL enters into hydrogen purchase & sale agreement with BPCL  

Hindustan Petroleum Corporation Ltd (HPCL) said that it has signed a pact with Bharat Petroleum Corporation Ltd (BPCL) for synergy in the purchase and sale of hydrogen between the refineries the two firms operate in Mumbai. Hydrogen is an essential utility required for treating of diesel and petrol to produce low-emission fuel of Euro-VI or

Top green hydrogen companies in India

As the world is marching towards cleaner energy solutions to mitigate the use fossil fuels on earth, it has become vital to switch to green and clean alternatives. After the recent UN Climate summit (COP 27) held in Egypt several nations have taken steps in this direction of making their respective countries green by adopting

Ethanol procurement price increased by OMCs

State-run oil marketing companies (OMCs) – Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL), and Indian Oil Corporation Ltd (IOCL) – have decided to procure ethanol to blend with fuel before selling it. The OMCs have announced an increase in ethanol procurement price for a six months period ending November 30, 2022. This

Rosneft holds back on signing extra oil deals with India

According to the sources, Russia’s Rosneft is not ready to sign new crude oil deals with two Indian state refiners, as it has committed sales to other customers. Indian refiners have been snapping up cheap Russian oil, shunned by western companies and countries since sanctions were imposed against Moscow for its invasion of Ukraine on