The government has earmarked Rs 8,400 crore for compensating three Oil public sector units (PSU) — Indian Oil Corp Ltd, Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd — to compensate for the loss from subsidies they incurred in the quarter ended March 31. In the January to March period, the three state-owned fuel […]
Category: Oil & Gas
HC stays notification to lay gas pipelines
MADURAI: The Madurai Bench of the Madras High Court stayed a notification issued by the Ministry of Petroleum and Natural Gas for laying gas pipelines for transporting natural gas from Ramanathapuram to Thoothukudi, following a Public Interest Litigation (PIL), challenging the notification. The litigant K Chellam of Saminatham village in Thoothukudi submitted that through the […]
GAIL work hurting cultivation, allege farmers
NAGAPATTINAM: Even as GAIL’s pipeline laying project is inching towards completion, farmers in Tharangambadi alleged that agriculture was disturbed by the work. Having faced several protests and agitations, the pipeline laying work in north Nagapattinam is in its final stage. However, GAIL is facing stiff opposition in Tharangambadi taluk where farmers have taken up kuruvai […]
Indian Oil’s Panipat refinery attracts NGT ire for violating pollution norms
The National Green Tribunal (NGT) has slapped an interim penalty of Rs 17.31 crore on Indian Oil Corporation Limited’s Panipat refinery for violation of environmental norms. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel directed that the amount may be deposited by the unit with the Central Pollution Control Board (CPCB) within a […]
Dhinkia villagers protest IOCL’s pipeline project
PARADIP: Laying of pipeline for the proposed Paradip-Hyderabad Product Pipeline (PHPL) through Dhinkia panchayat has run into rough weather after the villagers of Dhinkia vowed not to give an inch of land till their demands are fulfilled. Their demands include job opportunity, pollution control and peripheral development under Corporate Social Responsibility of Indian Oil Corporation […]
MDMK, VCK oppose petro project
CHENNAI: The MDMK and VCK have urged the State and Central governments to cancel the permission given to Vedanta for exploring hydrocarbons in Villupuram and Cuddalore districts. MDMK general secretary Vaiko said in a statement, “Water resources in Cauvery irrigation areas will be severely affected if the hydrocarbon project is implemented in the proposed area. […]
ONGC evacuates nearly 500 employees before cyclone Fani makes landfall
NEW DELHI: India’s biggest oil and gas producer ONGC has evacuated close to 500 of its employees from offshore installations in the Bay of Bengal and moved drilling rigs to safer locations ahead of an impending cyclone that is expected to make landfall on Friday. India’s eastern coast is dotted with oil and gas installations […]
Indian Oil Corp crosses a milestone this week with 1,001st patent in kitty
State-run Indian Oil Corporation’s (IOCL) Research and Development (R&D) centre has filed its 1,001st patent this week, making the refiner the first among oil and gas PSUs to do so. “The R&D Centre’s IP (Intellectual Property) portfolio comprises 794 active patents, of which 542 patents were granted abroad and 252 in India. The centre has […]
Price of non-subsidised LPG cooking gas cylinders hiked by Rs 6 in Delhi, Mumbai
NEW DELHI: Government-owned Indian Oil Corporation has increased price of a subsidised liquefied petroleum gas (LPG) 14.2 kg cylinder by 28 paise in New Delhi and 29 paise in Mumbai from Wednesday. The non-subsidised rates have been increased by Rs 6 per cylinder in both metros. A non-subsidised LPG cylinder will now cost Rs 712.5 […]
CM Edappadi K Palaiswami urged to drop hydrocarbon project
THANJAVUR: Tamilaga Cauvery Vivasyigal Sangam has decided to launch a movement of farmers taking a vow not to sell land for hydrocarbon project. This was decided at a meeting of the association on Thursday. It was pointed out to participants that general secretary of the association P R Pandian had filed a case in the […]
GAIL pipeline project faces stiff opposition from villagers in Nangur
NAGAPATTINAM: Villagers from Nangur near Sirkazhi are the latest to come out in opposition to a GAIL pipeline-laying project. The underground pipelines are to be laid near Sirkazhi. After resistance from Vettangudi villagers in February, the earthing process for the pipelines has run into opposition in Nangur for the past one week. The project was […]
India scours alternative sources of crude oil
NEW DELHI: India’s state-run oil firms have been asked to look for new sources of supplies to fill in the gap created by stoppage of imports from Iran.“We have been readying ourselves for this by tapering off imports from Iran. We cut our monthly imports from Tehran by 50 per cent in February itself. Now […]