A union representing Air India pilots who fly the Airbus fleet has demanded that the probe into the alleged manipulation of the crew rostering system be extended to Boeing pilots. The Chief Vigilance Officer of Air India has ordered a probe against pilots of the airline’s Airbus fleet for tweaking the rostering in order to […]
Month: June 2018
Govt hikes ethanol price by Rs 2.85 per litre for season starting Dec 2018
The government on Wednesday hiked the price of ethanol produced from C-molasses by Rs 2.85 per litre to Rs 43.70 for the new season starting December 2018, according to sources. For the first time, the government has also fixed the price of ethanol produced from B-molasses at Rs 47.49 per litre. So far, the price […]
Oil rises on supply losses, U.S. push to isolate Iran
Oil prices rose on Wednesday on a supply disruption in Canada, falling U.S. crude stocks, uncertainty over Libyan exports and after U.S. officials told importers to stop buying Iranian crude from November. Brent crude was up 30 cents a barrel at $76.61 by 0800 GMT. U.S. light crude was 25 cents higher at $70.78. A […]
ExxonMobil mulls ‘multi-billion’ dollar expansion at Singapore refinery
ExxonMobil said on Tuesday it plans to make a final investment decision in 2019 on what it called a “multi-billion dollar” project that would expand its clean fuel and lubricant output at its Singapore refinery. The project is aimed at increasing the competitiveness of ExxonMobil’s Singapore refining-petrochemical complex, which is one of the company’s largest […]
Government allows companies to explore for oil, gas beyond block boundaries
In a bid to make it easier for explorers to find and produce more oil and gas, the Government has allowed companies to go beyond their allocated block boundaries if a discovery were to extend outside their contracted area. In a “Policy Framework for Streamlining the Operations, Relaxation of Timelines”, the OilMinistry yesterday delegated powers […]
Mahagovt forms study committee for floating solar power plant
The Maharashtra government has set up a committee to study issues related to the development of a 1,000-MW floating solar power plant at Ujani dam in Solapur district, officials said today. Among other things, the committee will study the environmental impact of the project and monitor the month-wise water level of the dam. Ujani, located […]
Odisha government mulls SpiceJet offer to start sea plane services
The Odisha government has directed the tourism department and Chilika Development Authority (CDA) to cooperate with SpiceJet Limited and Airport Authority of India (AAI) and explore the possibility of introducing sea plane services in state, an official said. The instructions, issued by Chief Secretary A P Padhi, comes days after the low-cost carrier and AAI […]
Petrol prices cut for 3rd straight day, diesel prices cut after 2-day break
Petrol prices were cut on Saturday for the third consecutive day. Diesel prices were slashed after standing still for two days across the four major metros. The Indian Oil Corporation provides a daily list of fuel prices across major metros and state capitals. Prices of non-branded petrol in metro cities, applicable from 6:00 am on […]
TN CM wants Ramanathapuram, Hosur, Neyveli on UDAN air map soon
Tamil Nadu Chief Minister K. Palaniswami on Saturday requested Civil Aviation Minister Suresh Prabhu to connect Ramanathapuram, Hosur and Neyveli under the UDAN regional connectivity programme. In a letter to Prabhu text of which was released to the media on Saturday, Palaniswami said Ramanathapuram has been included in the Phase II of the UDAN Scheme. […]
OPEC strives for oil deal as Iran insists on modest rise in output
OPEC’s leader Saudi Arabia and Russia were trying on Thursday to convince fellow oil producers to raise output from July to meet rising global demand, with Iran still signalling it would support only a modest increase in supply. The Organization of the Petroleum Exporting Countries meets on Friday to decide output policy amid calls from […]
Sembcorp lowest bidder for Bangladesh power supply tender
Sembcorp Energy India is set to bag a tender for supply of 250 megawatts of electricity to Bangladesh after it bid the lowest tariff. Sources with direct knowledge of the development said Sembcorp Gayatri Power, a subsidiary of Sembcorp Energy India Ltd, bid the lowest among half a dozen power utilities that submitted offers to […]
Small airports, Rs 1 lakh crore investment: Govt mulls ways to boost air travel
To meet the rising demand, the government is looking at several ways to boost infrastructure in the Indian aviation sector. The government is looking at ways to build new airports, which include massive investment of around Rs 1 lakh crore and development of airports at small parcel of land. Amid growing air traffic, government is […]