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Oil and Gas Industry India News & Recent Update | IBEF

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HPCL to invest Rs 74,000 cr in five years Hindustan Petroleum Corporation (HPCL) intend to invest an amount of around Rs 74,000 crore (US$ 10.28 billion) in the next five years to expand its capacity....

IBEF August 22, 2019

Odisha clears Rs 2.04-trillion investments; focus on sectors other than mining The High Level-Clearance Authority (HLCA), the apex body to approve investments in Odisha, has given its go-ahead to five new projects. Four of the five proposed investments were in non-mineral-based sectors....

IBEF August 21, 2019

GAIL to invest Rs 45,000 crore in expansion of pipelines, city gas network Gail India Ltd plans to invest over Rs 45,000 crore (US$ 6.25 billion) over the next five years to develop the National Gas Grid and city gas distribution network....

IBEF August 21, 2019

RIL unveils blockbuster US$15 billion deal with Saudi Aramco Reliance Industries Ltd (RIL) announced a 20 per cent stake sale to Saudi Aramco in a deal valued at US$ 15 billion....

IBEF August 13, 2019

Reliance-BP ink new fuel retail JV; to set up 5,500 petrol pump outlets in 5 years Reliance Industries Ltd and BP Plc to open a nationwide network of fuel retailing outlets. Together, the companies plan to set up 5,500 fuel retail stations across the country....

IBEF August 07, 2019
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