The Petroleum and Natural Gas Regulatory Board (PNGRB) on Monday declared the final list of winners of city gas retailing licences that had billionaire Gautam Adani’s group, state-owned Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Torrent Gas as the big winners.
The world’s largest coalminer CIL is aiming to produce 6.76 lakh tonne of methanol per annum to boost clean energy initiatives, its Chairman Anil Kumar Jha said. His statement comes at a time when the government is betting big on alternative fuel and pushing electric vehicles (EVs).
Union Minister Dharmendra Pradhan has said that India has become a favourable destination for investors from all across the world.
The jury is still out on if forcing tech and payment companies to store data locally is sound governance.
Union Minister Nitin Gadkari Friday said tribals were being encouraged to accumulate non-edibile seeds for producing biofuel as the government looks to reduce dependence on crude oil imports.
The world’s supply of oil hit a record last month, yet another sign of oil’s dominance over the energy landscape. The International Energy Agency said Thursday that the global oil supply reached 100 million barrels a day for the first time ever,
Oil PSUs are scouting for discovered oil and gas fields in Russia as India looks to bolster energy ties with the resource-rich nation, Petroleum Minister Dharmendra Pradhan said Thursday.
Investments worth USD 1.6 billion across 50 deals were recorded in August this year, with buyout transactions increasing more than twice in terms of value compared to the same month last year, an EY report said.
The rupee has fallen to fresh record lows after a surge in global oil prices and on expectations that it could start hurting India’s import bill. The slide was triggered chiefly by July’s trade deficit that widened to $15.8 billion on the back of pricier oil.
The city residents will get the facility of compressed natural gas (CNG) by the end of this year. Kahan Singh Pannu, director of Mission Tandrust Punjab, said, “CNG pipelines will be laid for residential, industrial and vehicular use till December.