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PADUR KARNATAKA
Megha Engineering secures historic contract for India's first private strategic petroleum reserveMegha Engineering & Infrastructures Ltd. has won a Rs 5,700-crore project to build and operate India's first private-sector strategic petro...16 Sep, 2025, 05.30 AM IST- India to build first commercial crude oil strategic storageIndia plans to build its first commercial crude oil storage at Padur, Karnataka, with 2.5 million tonnes capacity. The project under ISPRL ...03 Apr, 2024, 04.33 PM IST
- India tops up strategic reserves with cheaper crude, saves over $685 millionIt bought crude oil at an average price of $19 per barrel to fill its reserves in April and May when prices reached an all-time low while t...23 Sep, 2020, 02.10 PM IST
- India saved Rs 5,000 crore by filling strategic reserves with low-priced oil: Dharmendra Pradhan"Taking advantage of the low crude oil prices in the international market, India purchased 16.71 million barrels (mbbl) of crude in April-M...21 Sep, 2020, 05.14 PM IST
- Abu Dhabi National Oil Company to fill up half of Padur strategic crude oil storageADNOC had in February 2018 signed a pact to fill half of the 1.5 MT strategic oil storage at Mangalore.12 Feb, 2019, 12.06 PM IST
- UAE keen to invest in refining, petrochemical projects, store oil in IndiaUAE supplies a small quantity of oil to India but is ramping up investments.11 Feb, 2019, 02.44 PM IST
- Initial pact with UAE company for strategic oil reserve at PadurIndia has signed an initial agreement to let Abu Dhabi National Oil Company (ADNOC) explore storing crude oil at the emergency reserve in P...13 Nov, 2018, 08.21 AM IST
- Abu Dhabi oil company hires India's strategic oil storageADNOC had in February this year signed a pact to fill half of the 1.5 MT strategic oil storage at Mangalore. On Monday it signed a similar ...12 Nov, 2018, 07.28 PM IST
- Cabinet nod to foreign companies for storing oil at Padur storageIndia has build 5.33 million tonnes of emergency storage in underground rock caverns in Mangalore and Padur in Karnataka and Visakhapatnam ...08 Nov, 2018, 10.00 PM IST
- India targets oil traders for $1.5 billion emergency oil reserveIndian Strategic Petroleum Reserves, which was formed in 2006, is scouting investors to fill the caverns at Padur.12 Oct, 2018, 04.21 PM IST
- India to build two more strategic petroleum reserves: Piyush GoyalThere are plans to set up a 4.4-million-tonnes SPR in Odisha and a 2.5-million-tonnes facility in Karnataka expected to provide additional ...27 Jun, 2018, 06.53 PM IST
- India invites global bids for filling strategic oil storageIndia has built three underground oil storages at Vishakhapatnam in Andhra Pradesh and Mangalore and Padur in Karnataka.30 Nov, 2016, 09.42 PM IST
- UAE, Kuwait offer to hire part of India's strategic oil storageUAE's oil company Adnoc and Kuwait Petroleum Corp have shown interest in hiring a part of India's under-construction strategic storage.06 Aug, 2014, 04.50 PM IST
- Strategic oil storage facility to be commissioned in JanuaryIndia is building underground storages at Visakhapatnam and Mangalore and Padur in Karnataka to store about 5.33 million tonnes of crude oi...15 Nov, 2013, 01.18 AM IST
- India to build its first strategic oil storage by January 2014India will build its first strategic oil storage by January in an effort to insulate itself from supply disruptions, Oil Minister M Veerapp...29 Sep, 2013, 08.07 AM IST
- India mulls quadrupling strategic crude oil stockpileIndia is considering quadrupling the size of strategic crude oil stockpile it is building as insurance against supply disruption.17 Apr, 2012, 06.09 PM IST
- India's recoverable crude oil reserve is estimated at 757.4 MTIndia's recoverable crude oil reserve has been estimated at 757.4 million tonne (MT) on Apr 1.15 Mar, 2012, 07.07 PM IST
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