Category: Oil & Gas

Kolkata: The petrochemical sector in West Bengal has the ability to attract Rs 12,000-crore investments and provide 1.6 lakh employment opportunity, said WBIDC MD Vandana Yadav while speaking at the Petrochem 2019 organised by the Indian Chamber of Commerce (ICC) here on Saturday. The event, themed “Growth Drivers in the Petrochemicals Business to Progress the […]

PUNE: Air India’s 17-day-long fuel crisis at six airports ended on Saturday. Airline officials in Pune said operations were back to normal. “The oil marketing companies have restored the supply to Air India’s aircraft. It is important for passengers to know that things are back to normal and that there’s no need to worry. Flights […]

New Delhi, Sep 8 () Reliance Industries is seeking a minimum price of USD 5.4 per unit for the natural gas it plans to produce from newer fields in the Bay of Bengal block KG-D6 as it changed parameters to suit government policies. Reliance and its partner BP Plc of the UK have sought bids […]

NEW DELHI: Prime Minister Narendra Modi will on Saturday fulfil, seven months ahead of schedule, his government’s promise to help women in eight crore poor households breathe easy by replacing their smoky ‘chulhas’ (earthen ovens) with LPG connection and stove free of cost. The PM will hand over the connection number eight crore under his […]

CHENNAI: Tamil Nadu chief minister Edappadi K Palaniswami on Tuesday said that 51.8 lakh family card holders in the state do not have LPG connection and 74.92 lakh card holders have single LPG connection, requesting the Centre to revise the kerosene allocation to the state under public distribution system. He made the request in similar […]

NEW DELHI: CNG price in Delhi and its suburbs was on Sunday hiked for the third time since April due to rise in input cost following appreciation of US dollar against the rupee. “This would result in an increase of Rs 0.50 per kg in Delhi, Rewari, Gurgaon and Karnal, and Rs 0.55 per kg […]

Barmer, Aug 29 () The proposed petroleum refinery in Pachpadra will bring prosperity to the area and provide employment to the youth, Rajasthan Chief Minister Ashok Gehlot said here on Thursday. He was addressing a event at Mangla Processing Terminal here to mark the tenth anniversary of commencement of oil production. Gehlot said his government […]

New Delhi, Aug 28 () India is looking to raise import of liquefied natural gas (LNG) from Australia but wants the fuel at affordable price to meet the energy needs of the world’s fastest-growing economy. Oil Minister Dharmendra Pradhan on Wednesday met with Australian Minister for Resources Matthew Canavan to discuss bilateral energy cooperation, an […]

MUMBAI: The ban on jet fuel supply to Air India at six airports by the oil marketing firms was on account of fund crunch and not due to carrier’s operational performance, airline chief Ashwani Lohani has said. Lohani in a Facebook post on Sunday also wrote that regardless of the situation the Maharaja must keep […]

MUMBAI: Oil marketing companies (OMC) stopped Air India’s jet fuel uptake in six airports, including Kochi, Pune, Patna, Ranchi, Vizag and Mohali over payment defaults on Thursday afternoon. “Around 4 pm, Air India was informed that it would not be able to uptake fuel in these six stations. On flights operated to these airports, Air […]

Mumbai: State-owned oil marketing companies on Thursday stopped Air India’s jet fuel uptake at six airports — Kochi, Pune, Patna, Ranchi, Vizag and Mohali — over payment defaults. “Around 4pm, Air India was informed that it would not be able to uptake fuel at these six stations. As a result, Air India flights to these […]

NEW DELHI: A global glut in natural gas is threatening to undermine a $4 billion investment by Reliance Industries Ltd aimed at boosting profits at the world’s largest oil refining complex. The project made all the sense in the world when energy magnate Mukesh Ambani’s conglomerate announced it in 2012: convert petroleum coke, or petcoke, […]