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NAGAPATTINAM REFINERY
Indian Oil buying sanction-free Russian crude oil cargoes, chairman saysIndian Oil is purchasing Russian crude oil cargoes without involving sanctioned entities. The company predicts gasoline and diesel demand g...
Andhra Pradesh offers three sites for BPCL projectThe company is considering building an integrated refinery-cum-petrochemicals complex of 9-12 million tonnes per annum (mtpa) capacity in A...
Chennai refinery expansion cost goes up over Rs 3,600 croreIOC said its board had on January 29, 2021 approved the implementation of a 9 million tonnes a year refinery at Cauvery Basin, Nagapattinam...
Indian Oil commits to investing Rs 54,000 crore in projects including a refinery in Tamil NaduThis new refinery, which will come up on about 1,300 acres of land in Nagapattinam, will produce petrol and diesel for BS-VI specifications...
CPCL Q4 results: Reports standalone net profit of Rs 333 crFor the year ending March 31, 2021 standalone net profits stood at Rs 237.56 crore as against a net loss at Rs 2,077.58 crore registered ye...
Petrol at Rs 100: PM Modi says reducing import dependencePrice of petrol crossed the Rs 100 per litre mark in Rajasthan after fuel rates were hiked for the ninth day in a row. Since India imports ...
IndianOil net doubles to ₹4,917 crore on inventory, forex gainsNet profit for the October-December quarter rose to ₹4,917 crore from ₹2,339 crore a year earlier. Revenue rose 1 per cent to ₹1,46,599 cro...
Indian Oil draws up plans for a refinery in Tamil Nadu, set to cost over Rs 30,000 croreThe refinery will be set up on the 618-acre land already owned by Chennai Petroleum Corp (CPCL) in Nagapattinam, Indian Oil Chairman S M Va...
Environment ministry panel gives nod for CPCL's Rs 33k cr refinery in Tamil NaduThe proposed refinery will provide direct employment to 600 people and indirect employment to 1000 during the operation phase of the refine...
Indian Oil to examine US sanction's impact on CPCL expansionIOC plans to pull down the 1 million tonnes per year Nagapattinam refinery of its subsidiary Chennai Petroleum Corp Ltd (CPCL) and build a ...
IOC eyes 52,000 fuel retail outlets in 3 yearsIOC, India's largest fuel retailer, accounts for 44% of the market despite the entry of private sector in the segment.
Iran keen to participate in CPCL expansion: IOC Chairman Sanjiv SinghIOC plans to pull down the 1 million tonnes per year Nagapattinam refinery of its subsidiary, Chennai Petroleum Corp Ltd (CPCL) and build a...
CPCL unveils Rs 3,110 crore residue upgradation projectThe project would help the Indian Oil Group company reduce feed costs and increase monetization, through upgradation of residue.
IOC board clears Rs 27K cr refinery of its unit CPCLThe planned refinery will be CPCL's third refinery. It currently operates a 10.5 million tonnes Manali refinery in Tamil Nadu.
Indian Oil unit with Iranian investment plans $3 billion expansionIndia’s 23 plants have a total capacity of 230 million metric tons a year, while total fuel demand was 183.5 million tons during the financ...
CPCL resumes full operations at 11.5 million tonnes refineries near ChennaiCPCL said it has resumed full operations at its 11.5 million tonnes refineries near Chennai that had been shut down three weeks back due to...
Madhya Pradesh to have petrochemical hub at Rs 1 lakh crore investmentIn a first of its kind project, about Rs 1 lakh crore will be invested in setting up the nation's first landlocked oil and chemicals invest...
OMCs expansion plans in Southern region welcome sign: Rosaiah"Southern region is gearing up for a promising growth with the announcement of Cuddalore as Petroleum, Chemical and Petro-chemical investme...
- Petrochem investment region to create 7.5 lakh jobs in Tamil Nadu: Government
The Petroleum Chemicals and Petrochemicals Investment Region, proposed to be set up in TN districts, is expected to generate over 7.5 lakh ...
- GAIL looking at setting up CNG corridor
GAIL was looking at setting up a CNG Corridor comprising Nagapattinam, Karaikal and Puducherry.