NATIONAL NEWS
14 DEC – Probe finds gross neglect by IOCL
BHUBANESWAR: Police investigation into the sensational Raj Bhawan Filling Centre explosion has found gross criminal negligence on the part of Indian Oil Corporation Limited (IOCL) authorities as well as the contractor it had engaged which led to the blast claiming two lives on October 7. The Commissionerate Police examined witnesses, documents, CCTV footage,…
14 DEC – Sale of commercial LPG cylinders remains low since Covid lockdown
HYDERABAD: The consumption of 19 kg commercial Liquefied Petroleum Gas (LPG) cylinders remains low in the city, even months after lockdown norms for hospitality and other sectors were relaxed. Soon after the lockdown was put in place in the State, the sale of commercial LPG cylinders went down by 90 per cent.…
14 DEC – Natural Gas Marketing Reforms: A Rush Job that Promotes Rent-Seeking
A recent discussion paper titled “Anybody’s Gas” takes a critical look at the government’s new policy directives that were announced in early-October and argues that the so-called “reforms process” was rushed into by ignoring the context, that most of the domestic producers of natural gas would not benefit from the reforms, that key decisions…
14 DEC – Indian state oil firms start supplying LPG to private bottlers, which could boost imports
India’s national oil companies, or NOCs, have started supplying LPG to some private bottlers in a government-initiated move that could be extended across the country and heighten competition in a sector controlled by private importers, Indian industry sources said Dec. 11. Supplying to private LPG bottlers had previously been the domain of international…
14 DEC – First India-Iran-Uzbekistan trilateral on Chabahar port to be held on Monday
India’s Chabahar project found a convert to its cause of connectivity: Uzbekistan. On Monday, India, Iran and Uzbekistan will hold their first trilateral meeting to boost connectivity to the port. “India welcomes the interest of Uzbekistan to use the Chabahar Port as a transit port,’’ said a press release issued by the ministry…
14 DEC – Expedite coal gasification project: Dharmendra Pradhan
BHUBANESWAR: Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Friday reviewed the progress of Talcher Fertilizers Ltd’s (TFL) coal gasification-based plant and directed expeditious completion of the project. “The TFL plant at Talcher will be India’s first coal gasification-based fertiliser plant with pet coke blending. It will facilitate seamless supply of…
12 DEC – Domestic natural gas output falls 9 per cent in November
Domestic natural gas production fell 9.1% year on year (YoY) to 2,333 million metric standard cubic metre (mmscm) in November. The 2.5 million tonne (MT) of crude oil produced in the country during the month was also 4.5% lower than the production in the year-ago period. Indigenous natural gas production caters to about…
12 DEC – Gujarat govt wants to develop Mandal-Becharaji SIR as model industrial developed city
Ahmedabad, Dec 11 (PTI) The Gujarat government on Friday said it wishes to develop the Mandal-Becharaji Special Investment Region (SIR) as a model industrial developed city across the nation. Gujarat Chief Minister Vijay Rupani made this statement after virtually inaugurating the Mandal-Becharaji SIR Development Authority’s building, built at a cost of Rs…
12 DEC – India positioning itself as economic partner for MENA region
Chennai, Dec 11 (IANS) India is positioning itself as an economic partner by investments in the Middle East and North Africa (MENA) region, said a senior official of Export-Import Bank of India (India Exim Bank) on Friday. In his address at the India-Morocco Business Forum, the bank’s Deputy Managing Director Harsha Bangari said…
12 DEC – IOC brands convenient 5 kg LPG cylinder as ‘Chhotu’
‘New Delhi: The convenient 5 kg LPG cylinder has been rechristened ‘Chhotu’, the nation’s top oil firm Indian Oil Corporation (IOC) said on Friday.The cylinders are available at various points of sale, including IOC petrol pumps, Indane LPG distributors and department (Kirana) stores and can be purchased by submitting just an ID proof.…