India Fast Emerging As The LED Capital Of The World : Union Minister Piyush Goyal

Over 30 crore energy efficient LED bulbs have already been distributed so far which includes 20 crore LED bulbs by the EESL under the government’s UJALA scheme and more than 10 crores by the private domestic LED companies.

India Fast Emerging As The LED Capital Of The World : Union Minister Piyush Goyal

Union minister of state for power, renewable energy, coal and mines, Piyush Goyal said on Monday that India was fast emerging as the LED capital of the world.

Budget announces creation of two more Strategic Oil Storages in Odisha and Rajasthan

The two new strategic oil facilities announced at Odisha and Rajasthan are in addition to the three facilities that already exist in the country as underground storages in rock caverns at Visakhapatnam (1.33 million tonnes), Mangalore (1.5 MT) and Padur (2.5 MT).

Budget announces creation of two more Strategic Oil Storages in Odisha and Rajasthan

Union petroleum minister Dharmendra Pradhan said the move to create two new strategic oil storage will enhance India’s energy security “taking our strategic reserve capacity to 15.33 MMT.” This, he said, will increase India’s oil storage capacity to meet the consumption requirement of about 90 days which is at par with the international benchmarks.

Gas pricing FIR liable to be quashed: RIL tells HC

RIL has sought quashing of the FIR lodged against it by the ACB of the Delhi govt in 2014

Gas pricing FIR liable to be quashed: RIL tells HC

Reliance Industries Ltd (RIL)on Friday told the Delhi High Court the FIR lodged against it and two UPA ministers on alleged irregularities in raising gas price from KG-6 basin was liable to be quashed in view of its larger bench ruling that the Delhi government’s ACB does not have power to probe central government officials.

Acquisitions are the flavour of global oil firms to boost reserves

According to global news agency Reuters, since late November, major oil companies have announced 11 deals worth more than $500 million each with a combined value of $31 billion, the clearest sign yet that oil executives are more confident a recovery is underway

Acquisitions are the flavour of global oil firms to boost reserves

The world’s top oil companies are back in acquisition mode, targeting smaller exploration and development firms to boost hydrocarbon reserves through acquisitions in contrast to the mergers route that followed previous slumps in crude prices.