BPCL and ONGC discuss establishing a new refinery, according to unnamed sources.

Bharat Petroleum Corp Ltd (BPCL) and Oil and Natural Gas Corp (ONGC) are in early discussions to establish a new refinery, as reported by unnamed sources. Both companies have not officially commented on the talks. BPCL's chairman recently announced plans to enhance its refining and petrochemical capabilities over the next five to seven years to address India's increasing energy needs.

September 03, 2024
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