State-owned Hindustan Petroleum Corporation Ltd (HPCL) and one of India’s leading Fortune 500 companies has got
While listing the matter for further hearing on May 18, the Delhi High Court has asked the Central government to furnish the copy of the policy/law that restricts Cairn India to export the crude oil it produces from its Barmer oil field in Rajasthan. Cairn India is a subsidiary of NRI billionaire Anil Agarwal promoted […]
India has agreed to pay Iran an interest of 1.5 per cent on USD 6.5-billion that refiners like Essar Oil and Mangalore Refinery (MRPL) owe it in oil dues, as a ‘goodwill gesture’
Regarding new bidding round, now we have come out with a new policy in name of HELP, Hydrocarbon Exploration and Licensing Policy. It is very clear
India has expressed interest in setting up an LNG terminal at Chahabar port in Iran to ship back home natural gas from Persian Gulf nation, Oil Minister Dharmendra Pradhan said today Read more
The Prime Minister will also visit his constituency, Varanasi. He will distribute e-rickshaws to beneficiaries. Modi will also launch a scheme for environment-friendly “E-Boats” at the famous Assi Ghat.
A major contributor to this subsidy reduction is the government’s “Give It Up” scheme. As on date more than 1 crore LPG customers have given up LPG subsidy under the ‘GiveItUp’ campaign. The approximate annual subsidy saving is likely to be in the range of Rs. 1668 crore (approx.) assuming an average subsidy of Rs. 139 per cylinder. The ‘GiveItUp’ campaign is a continuous process and wide publicity is given for voluntarily surrender of subsidy.
Petroleum and Natural Gas Minister, Dharmendra Pradhan
The work on the Turkmen leg of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline began on 13th December 2015 at Mary, Turkmenistan. Earlier in November 2014, the Pipeline Consortium, TAPI Pipeline Company Limited (TPCL) was incorporated in Isle of Man, a British Crown dependency.The Share Holders Agreement of TPCL was also signed on 13th December 2015
Team EnergyInfraPost Indian Oil Corporation Limited (IndianOil), India’s flagship national oil company, Oil India Limited (OIL) and Bharat PetroResources Limited (BPRL), acting jointly as the Indian Consortium, signed definitive agreements to acquire 29.9% stake in Taas-Yuryakh (TYNGD), a subsidiary of Russia’s largest national oil producing company Rosneft. The acquisition is subject to relevant Board, Government and regulatory approvals […]