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Oil India Signs Two Strategic MoUs with BPCL and NRL to Strengthen Energy Infrastructure

Newsmantra — Wed, 29 Oct 2025 10:39:24 +0000

Oil India Limited (OIL) signed two significant MoUs with Bharat Petroleum Corporation Limited (BPCL) and Numaligarh Refinery Limited (NRL) in the presence of Shri Pankaj Jain, Secretary, Ministry of Petroleum and Natural Gas. These partnerships mark a major step in OIL’s integrated growth strategy, reinforcing its commitment to advancing India’s refining, petrochemical, and logistics capabilities while promoting energy sustainability and self-reliance.

Under the first MoU, OIL and BPCL will collaborate on BPCL’s upcoming Greenfield Refinery and Petrochemical Complex near Ramayapatnam Port, Andhra Pradesh. The agreement includes exploring the possibility of OIL taking a minority equity stake in the project, which has already received key clearances and land allocation from the state government. The collaboration aims to leverage both companies’ strengths in refining and downstream operations, driving value creation and contributing to India’s energy security.

In the second MoU, OIL, BPCL, and NRL agreed to jointly develop a cross-country petroleum product pipeline from Siliguri to Mughalsarai via Muzaffarpur, along with depot infrastructure augmentation. With an investment of approximately ₹3,500 crore, the project will be jointly owned by BPCL (50%), OIL (25%), and NRL (25%). These initiatives reflect OIL’s strategic diversification into midstream and downstream sectors, aligned with the Government of India’s Atmanirbhar Bharat vision for a self-reliant and sustainable energy ecosystem.

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NRL’s two officers honoured as ‘Best Young Engineer’ and ‘Second Best Young Engineer’

Newsmantra — Fri, 23 Feb 2024 06:10:05 +0000

Ms. Ankita Sarkar and Ms. Faraah Yasmin Bora of NRL were honored as Best and Second Best Young Engineers at the Young Engineers’ Award 2024 to recognize outstanding achievement/contributions made by young Engineers in the NE region. Senior Engineer Forum, NE, Assam presented the awards. . The ceremony, held on the 20th Foundation Day, featured MD NRL Mr. Bhaskar Jyoti Phukan as Chief Guest.

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NRL and OIL pump Rs 1 Cr & Rs 5 Cr into Assam’s Plantation Drive

Newsmantra — Sat, 09 Dec 2023 08:09:43 +0000

Numaligarh Refinery Limited (NRL), along Oil India Limited, has been a part of the visionary plantation campaign of the Government of Assam, the “Amrit Brikshya”. Numaligarh Refinery Limited has contributed INR 1 CR, and Oil India Limited INR 5 CR towards this green initiative, which has set 9 world records.

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