Hydrocarbon exploration: HC issues notice to petroleum ministry

Hydrocarbon exploration: HC issues notice to petroleum ministry

The Madras High Court has ordered notice to the Petroleum and Natural Gas ministry and the Director General of Hydrocarbons, Noida, returnable by January 7 on a plea seeking to forebear authorities from implementing Hydrocarbon exploration and methane production project in the Cauvery Delta Area and Cauvery river basin in Tamil Nadu.

Coal imports at major ports slip 18 per cent to 51 MT in Apr-Oct

Coal imports at major ports slip 18 per cent to 51 MT in Apr-Oct

Thermal coal imports declined by 17.69 per cent to 51.10 million tonnes at the country’s top 12 major ports during April-October this fiscal, latest Indian Ports Association report has said. The Centre-owned ports had handled 62.08 MT of the thermal coal in the same period previous year.

IOC maintains interest in BPCL, may bid on lower offer size

IOC maintains interest in BPCL, may bid on lower offer size

The country”s largest public sector refiner and retailer, Indian Oil Corporation (IOC), may consider bidding for the Centre”s stake in Bharat Petroleum Corporation Ltd (BPCL) if such a need arises and the government agrees to reduce the quantum shares on offer in the company, including a waiver from mandatory open offer.

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