INFRASTRUCTURE
GP Petroleums Set To Invest ₹44 Cr In Incubit Pipavav Port Terminal
GP Petroleums Ltd (GPPL), a manufacturer and marketer of lubricants and industrial oils, has agreed to invest ₹44.27 crore in Incubit Pipavav Terminal Pvt Ltd (IPTPL), marking its entry into India’s liquid-storage and terminal logistics sector. The transaction combines a minority equity investment with management control. The investment will provide GPPL access to IPTPL’s terminal […]
CW Bureau
·
Oct 13, 2026
MANUFACTURING
Jindal Stainless, IOCL Renew Lubricants VMI Pact For Five Years
Jindal Stainless Ltd and Indian Oil Corporation Ltd (IOCL) have renewed their Lubricants Vendor Managed Inventory (VMI) partnership for another five years, extending their long-standing collaboration in lubricants and energy supplies. The renewed agreement was signed at Jindal Stainless’ Hisar unit. The partnership is aimed at strengthening supply reliability and technical cooperation as the company […]
CW Bureau
·
Oct 5, 2026
INFRASTRUCTURE
IndianOil Charts AI-Led Growth, Expands Gas & Petrochemicals Push
Indian Oil Corporation Ltd (IndianOil), India’s largest oil marketing company, is accelerating investments in digital technologies, natural gas, petrochemicals and core refining infrastructure as it prepares for the next phase of growth. “The road ahead will undoubtedly present new challenges, but it will also create new possibilities,” said IndianOil Chairman A.S. Sahney in a letter […]
CW Bureau
·
Aug 7, 2026
INFRASTRUCTURE
HPCL, Castrol Sign MoU To Explore Re-Refined Base Oil Ecosystem
Hindustan Petroleum Corporation Limited (HPCL), one of the India’s largest integrated energy companies, and Castrol India, the country’s premier producer and marketer of automotive and industrial lubricants, have signed a Memorandum of Understanding to explore the development of Re-Refined Base Oil (RRBO) ecosystem in India. Under this MoU, the two companies will work together to […]
CW Bureau
·
Jan 27, 2026
