The revised MoU signed by HPCL with Rajasthan for the Barmer refinery will save the state from large financial loss that could been suffered under the old “faulty” decision, Oil Minister Dharmendra Pradhan said
Indian Oil, National Fertilizers, L&T and Godrej & Boyce are among those that have won the top National Safety Council (NSC) award Sarva Shreshtha Suraksha Puraskar for 2016
Oil prices were stable on Wednesday as OPEC said it was committed to draw down a global supply overhang that has dogged markets since 2014, although bloated US output and inventories still weighed on crude
Oil marketing companies (OMC) plan to revise petrol and diesel prices daily in five cities from May 1 and going forward a nationwide rollout is expected. Also in five states, on Sundays, petrol pumps will be closed.
The government can invoke Essential Commodities Act (ECA) over the decision by the Consortium of Indian petroleum dealers of shutting down the petrol pumps across eight states from May 14
It would make more sense for Indian Oil (IOCL), the country’s biggest refiner, to acquire rival Bharat Petroleum or Hindustan Petroleum or natural gas marketing company GAIL (India) than a producer like Oil India as part of the government’s plan to create a major state-owned energy company
The Business Transfer Agreement (BTA) will pave the way for transforming Kota to a smart city by providing clean energy to boost up industrialization and setting up CNG corridor between Kota & Jaipur and Kota – Baran – Jhalawar besides providing green energy to the industrial clusters at Baran – Jhalawar adjoining areas of Kota.
In a significant step towards making Rajasthan a key base for setting retail gas infrastructure and opening CNG corridors connecting key cities, a Business Transfer Agreement (BTA) has been signed between RSGL and GAIL Gas Ltd on Tuesday.
Beginning May 14, fuel outlets in eight states will be shut every Sunday following Prime Minister Narendra Modi’s call to conserve oil, a fuel pump owners’ body said here today.
Investment worth Rs 70K crore expected in Petroleum and Petrochemical Sector in Rajasthan, Dharmendra Pradhan
Minister Pradhan said about Rs 43000 crore will be in invested in the refinery to be set up in Pachpadra in Barmer district while Rs 27000 crore will be invested in the oil fields of Cairn Energy.
Investment worth Rs. 70,000 crore is expected in the coming four years in Rajastha’a Petroleum and Petro Chemical projects, union petroleum minister Dharmendra Pradhan said on Tuesday at a function in Jaipur.
Hindustan Petroleum Corporation Limited (HPCL), one of the biggest Navratna Public Sector oil Companies in India will be setting up a 9 MMTPA (Million Metric Tonnes Per Annum) capacity grass root Refinery cum Petrochemical Complex at Barmer, in Rajasthan in Joint venture with Government of Rajasthan (GOR). This estimated cost of the project is Rs.43,129 crore.