Crude oil and gas production in Assam have witnessed a drastic fall due to the ongoing state- wide protest against the contentious Citizenship (Amendment) Act, affecting supply of petrol, diesel and LPG in many districts.
South Central Railway (SCR) has installed ‘atmospheric water generator’ called ‘Meghdoot’ at Secunderabad Railway Station. This is the first such initiative taken by the Indian Railways.
Tamil Nadu has overtaken Karnataka to become India’s top renewable power generating state in FY20 (till October). Of the total renewable power generation in the country, nearly 17.2 per cent was from Tamil Nadu. According to Central Electricity Authority (CEA) data in 2019-20 (
Shrikant Madhav Vaidya will be the new Chairman of the country’s biggest oil firm, Indian Oil Corp (IOC). Vaidya, who currently is Director (Refineries) at IOC, was selected for the top post by government headhunter Public Enterprise Selection Board (PESB) on Thursday,
Government owned navratna company NLC India Ltd plans to commence mining from its Talabira-II & III coal blocks in Odisha’s Sambalpur from the next fiscal year. Annual production capacity from the coal blocks with estimated deposits of 554 million tonnes (mt) is pegged at 20 mt.
Brent crude prices have seen a firm trend recently, but there are expectations of oil prices softening with a rise in US inventories, and this is why benchmark Singapore gross refining margins (GRMs) continue to see softness.
A new ceheme for the ailing power sector could be on the anvil, which will be aimed at better infrastructure, smart meters, and a private franchisee model for improving power supply in states.
Cabinet approves MoU between India and Japan Coal Energy Centre for cooperation in the field of supply of Electricity
The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for the signing of Memorandum of Understanding between Central Electricity Authority, India and Japan Coal Energy Centre
Shares of oil and gas companies advanced after India’s fuel consumption jumped 10.5% year-on-year in November 2019. Meanwhile, the S&P BSE Sensex rose 142.47 or 0.35% to 40,555.04. The S&P BSE Oil & Gas index added 0.32% to 14,754.71, underperforming the benchmark Sensex.
Andhra Pradesh government has mandated the AP Power Finance Corporation(APPFCL) to raise as much as Rs 10,000 crore at interest rates not exceeding 8.5 per cent to fund the discoms for meeting their payment obligations.