NATIONAL NEWS
12 DEC – Petroleum Minister Pradhan and Qatar Energy Minister Agree to Set Up a Task Force on Energy
New Delhi: Minister of Petroleum and Natural Gas and Steel Shri Dharmendra Pradhan today held a telecall with HE Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and President & CEO Qatar Petroleum on promoting Qatari investments in the entire energy value chain in India. This was a follow-up to Hon’ble…
11 DEC – Stay on environmental clearance accorded to Oil India
Gauhati High Court has stayed the environmental clearance accorded to energy major Oil India Limited for exploration and drilling for hydrocarbons at seven locations in Dibru Saikhowa National Park spread over Dibrugarh and Tinsukia districts in Upper Assam. Acting on a public interest litigation plea filed by advocate Mrinmoy Khataniar and mountaineer…
11 DEC – Clean energy is critical; important for India to get into cutting edge technology: Amitabh Kant
New Delhi: Niti Aayog CEO Amitabh Kant on Wednesday said clean energy is critical for India and it is important for the country to get into cutting-edge technology. Addressing a virtual book launch event organised by the Observer Research Foundation, Kant said India in the long run must become a manufacturer of solar…
11 DEC – IndianOil, DBT and LanzaTech pioneer Technology to convert CO2 to Bio-Diesel and Omega-3 Fatty Acids
Kolkata, Dec 10: IndianOil and LanzaTech (USA) jointly hosted a virtual global media meet on the theme “Circular Economy Vision ? CO2 Valorization” to share details about the collaboration of two companies for a CO2 project and related vision of the future, where carbon turns from liability to a sustainable opportunity for all.…
11 DEC – Throughput at IOC refineries rises to 100% in Nov on growing demand
State run refiner Indian Oil Corporation (IOC) on Thursday said crude oil throughput at its refineries rose to 100 per cent in November, with demand for petroleum products now close to pre-Covid levels. “Consumption of all petroleum products has almost reached pre-Covid levels,” IOC said in its statement. It added, IOC’s refining utilisation…
20 NOV – Petroleum and steel sectors need to play important role in Mission Purvodaya: Pradhan
Shri Pradhan said that under Mission Purvodaya, we are building an Integrated Steel Hub in eastern India which would add to the competitiveness of the steel sector and facilitate regional development with job creation. Image Credit: Twitter(@PrakashJavdekar) Union Minister of Petroleum & Natural Gas and Steel Shri Dharmendra Pradhan today said that ‘Aatmanirbhar Bharat’…
20 NOV – The Bharat Petroleum divestment process
The disinvestment process of Bharat Petroleum Corporation Ltd has moved on to the second phase, with the government having received “multiple” expressions of interest for its 52.98% stake in the country’s second largest fuel retailer. We examine the state of the disinvestment process of BPCL, which is a key component of the government’s plans…
20 NOV – Govt targets 1,000 LNG outlets in 5 years
Pradhan was speaking at an online event where he laid the foundation stone for 50 new LNG retail outlets along the golden quadrilateral and other major national highways. Pradhan said that LNG is going to be the fuel of the future for transport, and in this regard, retro-fitting of the vehicles as well as…
19 NOV – SOPA urges oil ministry to ensure smooth supply of hexane
In a letter to Tarun Kapoor, secretary, Ministry of Petroleum and Natural Gas, DN Pathak, executive director of SOPA, said the association has been informed by many of its members that they are not getting adequate supply of hexane. Soya processing is in its peak season with prior commitments of processors to meet the…
19 NOV – Adequate interest for BPCL disinvestment, no need to alter sale process- Govt
The government has said that adequate interest has been received for the strategic disinvestment of public sector refiner Bharat Petroleum Corporation Ltd (BPCL) with several suitors submitting expressions of interest (EoI). The transaction will move to the second stage after scrutiny by the transaction adviser, said a tweet from the Twitter handle of the…