October 2020 - Page 3 of 3 - Petroleumbazaar

BP evacuating staff from offshore Gulf of Mexico oil platforms as Tropical Storm brews

EXPLORATION NEWSBy admin October 27, 2020 Leave a comment

HOUSTON: BP on Sunday said it has begun to evacuate four offshore U.S. Gulf of Mexico oil platforms and secure facilities as Tropical Storm Zeta sprang up in the Caribbean Sea. The 27th named storm of this year’s Atlantic Hurricane season, Zeta strengthened on Sunday and is forecast to become a hurricane…

Govt mulls extending soft loans to grain-based distilleries for raising ethanol production capacity

NATIONAL NEWSBy admin October 27, 2020 Leave a comment

New Delhi: To boost ethanol production in the country, the government is considering extending subsidised loans to grain-based distilleries also under the ongoing scheme, according to government sources. The sources said both the petroleum and food ministries are of the view that ethanol production cannot be dependent on one feedstock, that is,…

BP wants bigger pie of India fuel market, bats for natural gas under GST

UncategorizedBy admin October 27, 2020 Leave a comment

Addressing the India Energy Forum meet by CER AWeek, the company’s chief executive officer Bernard Looney said, “GST has been a very welcome federal initiative to ease trade in India. We believe it would make sense to incorporate gas in that.” At present, petrol, diesel, jet fuel, crude oil and natural gas fall…

PM Narendra Modi interacts with CEOs of leading oil & gas companies

NATIONAL NEWSBy admin October 27, 2020 Leave a comment

New Delhi: Prime Minister Shri Narendra Modi today interacted with CEOs of leading oil & gas companies in the annual event organized by NITI Aayog and Ministry of Petroleum and Natural Gas. During the interaction, Prime Minister highlighted that energy is at the centre of human development, which is why conversations around…

Govt puts gas under standard bidding route for transparent price discovery

NATIONAL NEWSBy admin October 8, 2020 Leave a comment

In a big reform initiative, the government on Wednesday decided to put domestically produced gas under a standard price discovery mechanism to help scale up local production from fields of ONGC, OIL, Reliance and Vedanta and help create a uniform gas market. Accordingly, the Union Cabinet approved a standard e-bidding procedure for market-based price discovery…

Monthly Archives: October 2020

BP evacuating staff from offshore Gulf of Mexico oil platforms as Tropical Storm brews

Govt mulls extending soft loans to grain-based distilleries for raising ethanol production capacity

BP wants bigger pie of India fuel market, bats for natural gas under GST

PM Narendra Modi interacts with CEOs of leading oil & gas companies

Govt puts gas under standard bidding route for transparent price discovery