The High Level Clearance Authority (HLCA) headed by Chief Minister Naveen Patnaik on Monday cleared five mega investment proposals worth Rs 2,04,069 crore. The projects together would create job opportunities for over 28,000 people. The Haldia Petrochemicals Ltd (HPL)’s proposal of hydrocarbon processing complex comprising light crude oil refinery, aromatics complex and ethylene cracker complex […]
Category: Oil & Gas
Piped gas soon to enter households in State
The dream to get piped gas in every kitchen will be realised soon as people of the State Capital and four other towns of the State will soon get benefit of cheaper gas through Pipeline Natural Gas (PNG) under Urja Ganga Gas Pipeline Project launched by Prime Minister Narendra Modi in October, 2016. Work of […]
Petroleum products should be brought under GST: Dharmendra Pradhan
Union Minister for Petroleum and Natural Gas, and Steel Dharmendra Pradhan said the petroleum products should be brought under the GST. In a letter addressed to the finance department, the minister said both Centre and state governments should sit and work together on it. Interacting with media persons on his brief visit to Raipur, Pradhan […]
ONGC adopts new ‘Energy Strategy 2040’, targets doubling of oil, gas production
State-owned Oil and Natural Gas Corp (ONGC) has set a target to double oil and gas output from its domestic and overseas fields and expand its refining capacity three-fold alongside diversification into renewables in a new vision document for 2040, its Chairman Shashi Shanker said. ONGC Energy Strategy 2040 envisions the company as “A diversified […]
UN Report: Sustainable use of land, agri, diets can cut green house gas
Land, agriculture and human diets are required to be used in a more sustainable and climate-friendly way to limit greenhouse gas emissions (GHGs), leading researchers on Thursday said in a high-level report commissioned by the United Nations. The special report on Climate and Land Use by the UN’s Intergovernmental Panel on Climate Change (IPCC) released […]
4 shanties gutted in fire after two gas cylinders explode
A major fire broke out at Vishwakarma Nagar after two cooking gas cylinders exploded in which four shanties were gutted in fire in the morning on Wednesday. According to the police two cooking gas cylinders exploded while cooking in the morning. Panic prevailed in the area after the fire broke damaging four shanties. On receiving […]
Rel, BP form joint venture to set up 5,500 petrol pumps
Reliance Industries and UK’s BP plc have agreed to form a new joint venture to set up 5,500 petrol pumps and retail aviation turbine fuel to airlines in India, the two firms said on Tuesday. In a statement, the two firms said “they have agreed to form a new joint venture that will include a […]
Gas cylinder explodes; 3 of family injured
At least 11 rooms were reduced to ashes when a cooking gas cylinder exploded in a house at Bangurisingha village under the Motanga police station in Dhenkanal district on Monday. Reports said a major fire erupted after the cylinder exploded in the kitchen of the house and soon quickly spread to the adjoining houses. Though […]
Iran seizes ‘foreign vessel’ smuggling fuel: state media
Tehran, Aug 4 (AFP) Iranian naval forces have seized a “foreign vessel” in the Gulf, state news agency IRNA reported Sunday, in the country’s third such seizure in a month. According to Fars news agency, which is considered close to the elite Revolutionary Guards, seven foreign crew members were arrested during the operation which it […]
Ashutosh Karnatak assumes charge as Chairman & Managing Director, GAIL
Ashutosh Karnatak today assumed charge as Chairman & Managing Director of GAIL (India) Limited. Karnatak carries a rich experience of over 37 years in the hydrocarbon sector and is also concurrently serving as Director (Projects) since March, 2014. A lifelong learner, Karnatak an Electrical Engineering alumni of HBTI, Kanpur is a post graduate from IIT, […]
Innovation key for India to become $5 trillion economy: Pradhan
Petroleum Minister Dharmendra Pradhan on Wednesday stressed the importance of innovation, saying it is a key factor which will boost growth and help India become a $5 trillion economy by 2024-25. Speaking at the launch of Niti Aayog’s Atal Community Innovation Centre (ACIC) programme, Pradhan said that India will become the largest consumer of fossil […]
IOC, Adani Gas to invest `9,600 cr in city gas projects
Indian Oil Corp (IOC) and its partner Adani Gas Ltd will invest about Rs 9,600 crore in rolling out infrastructure for retailing CNG to automobiles and piped natural gas to household kitchens in 10 cities for which they recently won licences for, the state-owned firm said on Monday. The two firms in 2013 had incorporated […]