Oil slick in Red Sea from Houthis’-hit cargo shipOil slick in Red Sea from Houthis’-hit cargo ship

An attack by Yemeni Houthi rebels on a Belize-flagged ship earlier this month caused an 18-mile (29-kilometer) oil slick, the US military said on Saturday. It also warned of the danger of a spill from the vessel’s cargo of fertilizer. The Rubymar, a British-registered, Lebanese-operated cargo vessel, was attacked on February 18 while sailing through […]

IOC, GAIL, ONGC fined for third straight quarter for failure to appoint directors

State-owned oil and gas giants including IndianOil, ONGC and GAIL (India) have been slapped fines for the third straight quarter for failing to meet listing norm requirements of having the requisite number of directors on their board. Stock exchanges have fined oil refining and fuel marketing giant Indian Oil Corporation (IOC), explorers Oil and Natural […]

Foundation stone for POL & LPG project of HPCL laid in Assam

The foundation stone for a first-of-its-kind combined petroleum, oil, and lubricants (POL) & LPG facilities of Hindustan Petroleum was laid at Kamardanga in Assam’s Chirang district, an official statement said.. Union Minister of State for Petroleum and Natural Gas Rameswar Teli attended the programme.. “This visionary project, with an investment of Rs 540 crore and […]

Fuel crisis grips Punjab amidst nationwide truck drivers’ strike

As the nationwide truck drivers’ strike continues to grip the country, Punjab also found itself at the epicenter of a burgeoning fuel crisis — triggering panic buying and long queues outside petrol pumps across the State. The strike has left an estimated one lakh trucks, private buses, and tankers off the road, significantly impacting supplies. […]

Truck drivers’ protest: Long queues at petrol pumps in Mumbai, Nagpur amid fuel shortage fear

Petrol pumps in Mumbai and Nagpur witnessed long queues on Tuesday as people came to fill up their vehicle tanks fearing shortage of fuel amid the protest by truck drivers against a provision in the new penal law on hit-and-run accident cases involving motorists. Under the Bharatiya Nyaya Sanhita, which replaces the colonial era Indian […]

ONGC to start oil production from USD 5 bn deep-water project this month

State-controlled Oil and Natural Gas Corporation (ONGC) will kick off oil production from its much-delayed flagship deepsea project in Krishna Godavari basin in Bay of Bengal this month, helping reverse years of decline in output, a senior company official said. “We plan to start producing from the Cluster-2 project in KG-DWN-98/2 block this month and […]