To reduce pollution arising from burning of agricultural waste, a biomass-to-ethanol plant is being set up by the Indian Oil Corporation in Panipat to prepare ethanol from agricultural and other residues, a top government official said.
Maintaining fuel supplies to trouble-torn Manipur has led to a shortage of petrol, diesel and cooking gas supply to two other states – Tripura and Mizoram, officials said on Friday.
JSW Energy said that its board will meet on 27 December 2016, to consider raising long term funds through the issuance of non-convertible debentures by way of a private placement
Essar Oil, India’s largest private fuel retailer, plans to double the number of petrol pumps it has in the country to 5,600 in 12-18 months, the firm’s Chairman Prashant Ruia said.
Canadian private investment firm Brookfield Infrastructure Partners has inked the second-biggest private equity deal ever in India by buying the telecom tower business of Reliance Communications Ltd (RCOM) for Rs 11,000 ($1.6 billion) in cash.
International analyst firm Wood Mackenzie’ global corporate outlook for 2017 forecasts the oil and gas industry to turn cash flow positive for the first time since the downturn, if OPEC production cuts drive oil prices above $55 per barrel.
Kolkata: Adani Group, one of India’s leading business houses, has signed a memorandum of understanding (MoU) with the National Skill Development Corporation (NSDC) to train 300,000 youth across the country by 2022.
BP on Monday agreed to buy stakes in gas-heavy exploration areas off the coast of Mauritania and Senegal from Kosmos
Dharmendra Pradhan Launches Customer Awareness Campaigns To Educate Customers About Cashless Transactions At Pumps
With more than 4 Crore footfalls daily, Petroleum Sector will form the base for all success stories written on "Digital Payments" in future :Pradhan
Digital awareness campaigns to educate people about cashless transactions is clearly the flavour of the moment across the nation. Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan too launched Customer Awareness Campaigns for digital transactions at petrol pumps, the recent ones being at the auto Care Centre, a flagship HPCL Retail Outlet at Niti Marg, New Delhi and also at BPCL Outlet at Moti Bagh, New Delhi.
India’s oil import bill will jump due to rise in crude prices following lower output call by OPEC as well as a steep fall in the rupee, but the oil subsidy burden is unlikely to cross the budget estimate of Rs 17,000-19,000 crore this year, says a report.