The Hindustan Petroleum Corporation Limited (HPCL) has received crude and vacuum columns, the main equipment for the Crude Distillation Unit (CDU) being set up as part of the Visakh Refinery Modernisation Project (VRMP). The equipment was shifted from Hindustan Shipyard Limited by a huge vehicle on Sunday. The VRMP involves an investment of approximately Rs. […]
Category: Oil & Gas
Fuel conservation awareness campaign launched
Indian Oil Corporation along with the Coimbatore City Traffic Police on Friday kick-started a campaign to create awareness among motorists on oil conservation and traffic rule compliance. Two themes Deputy Commissioner of Police, Traffic, Sujith Kumar inaugurated the campaign at Lakmi Mills Junction by distributing copies of The Hindu that contained flyers with messages on […]
Prisoner-run fuel outlet opened
An Indian Oil Corporation refuelling outlet manned by convict prisoners began operations here on Dr. Nanjappa Road. Chief Minister Edappadi K. Palaniswami inaugurated the IOC fuel outlet through video conferencing from Chennai. Deputy Inspector General of Prisons, Coimbatore Range, R. Arivudainambi, Superintendent, Coimbatore Central Prison, R. Krishnaraj, General Manager, IOC, Chennai, R. Suresh and others […]
ONGC, OIL asked to sell 66 fields
The Centre has asked Oil and Natural Gas Corporation (ONGC) and Oil India Ltd. (OIL) to sell 66 of their small oil and gas fields to private firms as it brought in a new policy to boost domestic production and cut imports, Petroleum Minister Dharmendra Pradhan said on Thursday. ONGC and OIL have a total […]
Biofuel-blended ATF to fire IAF fleet for 2 years
After successfully flying its transport aircraft AN-32 with Jatropha-blended ATF (aviation turbine fuel), the Indian Air Force is now looking to test its entire fleet of helicopters, transport aircraft and fighter jets to fly on biofuel-blended ATF over the next two years. To secure a constant supply, the Centre is in the process of setting […]
GAIL pipelines damaged 5 times in 6 months
In the past six months, the fledgling GAIL city pipeline network has been damaged at least five times by various government agencies or private companies digging the roads. The gas pipelines, laid one metre below the ground and whose lines have been marked with signboards every few metres, are perhaps the only utility in the […]
IOCL’s Ennore LNG terminal ready, expects first consignment this month
Work on Indian Oil Corporation Ltd’s (IOCL) ₹5,151 crore liquid natural gas (LNG) import terminal at Ennore has been completed and the facility is likely to receive its first consignment by this month end. The terminal also has regasification and storage capabilities and LNG road tankers loading facility. Sources in IOCL said that construction of […]
Lok Sabha polls round the corner, Manpreet focuses on farmers, fuel
Punjab Finance Minister Manpreet Singh Badal on Monday presented tax-free budget proposals for the year 2019-20 with a total outlay of Rs. 1,58,493 crore. With parliamentary elections round the corner, the Congress government also announced a cut in fuel prices. The State government has decided to reduce petrol price by Rs. 5 per litre and […]
Panel backs old system for oil block bid
Two years after the government shifted to revenue sharing contracts for oil and gas block auctions, a high-level panel has suggested reverting to the earlier system of awarding areas in most basins based on exploration commitment. The six-member panel, headed by NITI Aayog Vice-Chairman Rajiv Kumar, in its report submitted on January 29, stated that […]
‘Fuel conservation key to organisation’s sustenance’
As part of the ‘Fuel Conservation Month’ from January 16 to February 16, the APSRTC officials conducted various programmes for drivers and mechanics on fuel conservation. The Corporation is running about 12,000 buses to various destinations, including the neighbouring States. RTC requires eight lakh litres of diesel per day to run its fleet.
Venezuela oil firm executives face legal action
Venezuela’s Supreme Court on Thursday ordered that executives appointed to boards affiliated with State oil firm PDVSA — in a bid for control by Opposition leader Juan Guaido — face criminal prosecution. The court ordered legal action against 15 executives that the National Assembly, headed by Mr. Guaido, named to form four new executive boards […]
Essar Oil UK acquires BP assets for Rs. 800 cr.
Essar Oil UK, part of the Essar Group, has acquired a number of U.K. assets from oil giant BP, as part of efforts to strengthen its distribution and logistics network, even as the company seeks to increase its presence across a number of markets here.