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Indian Institute of Petroleum and Energy (IIPE) is the primary Petroleum institute of National significance deliberate to be began in Vizag. Indian Institute of Petroleum and Energy (IIPE), beneath the Andhra Pradesh Act 2014 mounted the Petroleum University in India inside the state of Andhra Pradesh. IIPE is offering undergraduate guides in Petroleum and Chemical Engineering. The Minister of State (I/C) for Petroleum & Natural Gas, Shri Dharmendra Pradhan released the internet site of Indian Institute of Petroleum & Energy (IIPE), Visakhapatnam on 27/05/2016. The first batch of Petroleum and Chemical Engineering started out from the primary week of August 2016. As of now the most intake potential for every path is 50 seats. The State Government of Andhra Pradesh has allocated land measuring a hundred and fifty acres at Anthakapalli Village, Visakhapatnam for the permanent campus of Indian Institute of Petroleum & Energy (IIPE). Till such time as the IIPE units up its own campus, the institute will function from its brief campus at Andhra University College of Engineering (A), Visakhapatnam, effective educational session 2016-2017, in step with the MoU between Andhra University and IIPE for sharing infrastructure / assets. Further, different centers inclusive of Laboratories, workshops, e-library, wireless and so on may be made to be had for the students of IIPE by using Andhra University. A Society has been registered titled "Indian Institute of Petroleum & Energy" with 9 individuals viz., C&MD HPCL (President), Secretary-Industries & Commerce Department, AP Government, Chairman IOCL, C&MD ONGC, C&MD GAIL, C&MD Oil India Limited, ED-HR HPCL (Secretary), FA&CAO OIDB (Treasurer) and Prof K S Gandhi, Professor Emeritus, Department of Chemical Engineering, Indian Institute of Science, Bangalore. A Memorandum of Understanding has been signed between IIT-Guwahati (JEE Advanced 2016) and IIPE (signed by means of RGIPT on behalf of IIPE) for the choice of candidates in regards to admission for the instructional consultation 2016-17 at IIPE for B.Tech publications (Chemical Engineering and Petroleum Engineering) on the idea of Rank List.
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