The damaged high-pressure gauge of the compressed natural gas (CNG) cylinders led to a gas leak on the bus that caught fire near Gokuldham market bus stop in Goregaon (East) on May 3, states a report submitted by the Brihanmumbai Electric Supply and Transport (BEST). The report was tabled before a BEST panel on Monday. […]
Category: Oil & Gas
Decision on oil purchase after Lok sabha polls, India tells Iran
External affairs minister Sushma Swaraj informed her Iranian counterpart Javad Zarif on Tuesday that a decision on purchasing Iranian oil in the face of US sanctions will be made after the conclusion of India’s general election, people familiar with developments said. Iranian oil exports and Tehran’s approach to recent developments in the region, including tensions […]
India, China join hands on oil
India and China are working closely on common trade concerns, including cooperation in buying oil and gas, against the backdrop of a US squeeze through tariffs and sanctions on Iranian oil imports, officials with direct knowledge of the matter said. Efforts have been made by the world’s second- and third-largest oil importers to find common […]
Oil found in Hindon river, samples taken for study
Pollution levels touched a new high in the Hindon river as the water surface turned oily, causing health risks to animals and aquatic life, villagers said on Tuesday. They said that for the past one week, oil waste was being dumped into the river by nearby industrial units. Momnathal villagers filed a complaint seeking swift […]
Lok Sabha elections 2019: LPG cylinders to be ‘ambassadors’ of LS polls awareness in Patna
LPG cylinders reaching kitchens would now carry messages asking people to cast their votes in the upcoming Lok Sabha elections on May 19. Cylinders with stickers carrying messages like ‘Vote karega sara Patna ‘ (entire Patna would cast votes ) were flagged off by district magistrate DM Kumar Ravi on Wednesday, reiterating the district administration’s […]
‘Iran to keep exporting crude oil despite U.S. pressure,’ says President Hassan Rouhani
Iran will continue to export oil despite U.S. pressure aimed at reducing the nation’s crude oil shipments to zero, Iran President Hassan Rouhani said in a speech broadcast live on Iranian state TV on Tuesday. “America’s decision that Iran’s oil exports must reach zero is a wrong and mistaken decision, and we won’t let this […]
India, Turkey on ‘same page’ as US threatens sanctions over Iran oil import
India and Turkey have discussed how they can work together to counter terrorism and common challenges such as the US decision to end exemptions to sanctions on Iranian oil imports, Ibrahim Kalin, senior advisor to the Turkish president, said on Friday. Kalin, who held talks with National Security Adviser Ajit Doval and foreign secretary Vijay […]
Consumers may feel pinch of high oil prices post Lok Sabha polls
The US sanction against India’s oil import from Iran will not disrupt domestic fuel supply because Indian refiners have made alternative arrangements, but consumers may feel the pinch as oil marketing companies are under immense pressure to hike petrol and diesel rates post-elections, government and industry officials said. “Crude oil imports have become costlier. The […]
Rising crude hits markets, Sensex falls 495.10 points
A surge in crude oil prices sent Indian stocks to their steepest drop this year as investors rushed to sell shares on Monday, fearing that rising oil prices will stoke inflation and lead to fiscal slippages in Asia’s third-largest economy. Sensex fell 495.10 points, or 1.26%, to 38,645.18 at the close of trading, while the […]
Diesel fumes from gensets, autos choke city
Despite warnings by the Supreme Court, the National Green Tribunal(NGT) and the Environmental Pollution Control Authority(EPCA), the use of diesel continues to be a major source of atmospheric pollution in the city, with an estimated half of Gurugram’s auto fleet running on this highly polluting fuel. The combustion of diesel is known to emit over […]
India studies implications of US ending Iran oil sanctions waiver: Sources
India is studying the implications of the US decision to end sanctions waiver to India on import of Iranian oil, government sources said Monday. In a move that could have implications on India’s energy security, US President Donald Trump decided not to grant sanctions exemptions to any oil customers of Iran. In November last year, […]
US to eliminate Iran oil sanctions waiver for India, 7 others: Report
The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, a source familiar with the situation told Reuters, triggering about a 3 percent rise in crude prices. The source confirmed a report by a Washington Post columnist that the administration […]