For about three more years, the Indian Navy will have to make do with its lone carrier -- the Russia-built INS Vikramaditya.
Cheque payments will be safer; the limit for contactless card transactions hiked.
A shortfall in LPG supply from Aramco has led to huge booking backlog across states. To meet the backlog, India has asked Abu Dhabi National Oil Company for two additional cargos of LPG, but that may take another 10 days to reach.
There is no word yet on the progress of rescue operations for the accommodation barge SS-3 and the Sagar Bhushan oil rig.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Husks and stalks of corn plants are used to create the fuel.
The spacetech startup is expected to launch the first rocket which can hurl satellites of 250-700 kg into a lower Earth orbit by end-2021.
A heartwarming tale of how they used their time to beautify the schools where they are quarantined.
Engineering and construction major Larsen & Toubro Ltd has bagged a major order worth $30 million for upgrading facilities at the Bu Hasa project of the gas gathering and processing company GASCO at Abu Dhabi.
India and Japan's effort to form a multilateral group of liquefied natural gas buyers to avoid paying higher prices for the fuel is laudable as an objective but is unlikely to be effective immediately.
Oil and Natural Gas Corporation hopes to resume gas processing at its Hazira plant, whose closure due to floods had reduced the country's gas supplies by half, by August 14 or 15 as water has started receding from the facility.
Energy-hungry China has signed a landmark $40 billion deal to buy liquefied natural gas (LNG) from Australia for 20 years that Chinese officials say would put the strained relations between Beijing and Canberra back on track.
He also asserted that the freedom of press has to be preserved at any cost in a democracy but media should remember that freedom comes with responsibility.
Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Friday made an appeal to Prime Minister Manmohan Singh to declare all the wards in Bhopal as gas-affected and sanction Rs 500 crore to provide better medical facilities to the victims of the 1984 industrial disaster. In a letter to Singh, Chouhan said effects of the toxic leak cannot be restricted to geographical areas and hence the remaining 20 civic wards, out of the total 56, should be declared as gas-hit.
The world's fastest growing economies have turned out to be the biggest polluters.
A massive drone strike on the world's largest crude-processing facility operated by Saudi Arabia's Aramco has driven oil prices to their highest level in nearly four months. The attack has knocked out over half of Saudi Arabia's production as it cut 5.7 million barrels per day or over 5 per cent of the world's supply.
The $200 million Spic Fertilizers and Chemicals project at the Jebel Ali Free Zone in Dubai will go on stream in about a year as soon as gas supply to fire the facility is firmed up, the company's Chairman A C Muthiah has said.
"We have acquired Shadeed Iron & Steel (Shadeed) which has 1.5 MT Hot Briquetted Iron (HBI) facility located in Sohar, Oman. The deal is closed," JSPL Director Sushil Maroo told PTI.
India is building its oil reserves in underground rock caverns and tanks
A report of five-member sub-group constituted by the Supreme Court to audit oxygen use in hospitals in the national capital during the second wave in April-May said the Delhi government "exaggerated" consumption of oxygen and made a claim of 1,140 MT, four times higher than the formula for bed capacity requirement of 289 MT.
Oil and Natural Gas Corporation will restart its flood-hit Hazira gas plant in Gujarat on August 19, two-days ahead of schedule to avert a fuel supply crisis particularly for CNG operations in New Delhi.
'What we are actually missing in India is a platform wherein the government engages with cybersecurity experts, gets them employed and then utilises their capability to deter such attacks.'
Strict lockdown-like restrictions are already in place in the southern stateand the Pinarayi Vijayan government decided to clamp the complete shutdown in the wake of severe spike in the positive cases.
The feasibility study, to be taken up by a private firm, will be funded by the US Trade and Development Agency aimed at setting up facilities for capturing CBM, commonly known as natural gas. The grants of $524,819 is meant to tap the opportunities in using technologies for capturing natural gas from the coal blocks.
The 12-year loan will part finance the proposed expansion of RIL's petrochemical plants and setting up of new gasification unit and refinery off-gas cracker over the next 2-3 years.
"There are eight companies (who have put in expression of interest)... RNRL is one of them," said A K Ahuja, managing director, Ratnagiri Gas and Power Pvt Ltd, the company that operates the nation's biggest gas-fired power plant and the adjacent LNG import facility. Others in the fray include state power utility NTPC and GMR. Ahuja said RGPPL will frame the bidding criteria and call for financial bids by next month.
The Government of India has supported the states and undertook a series of actions including provisioning medical oxygen, and other consumables to ensure clinical care of COVID-19 patients in view of the steep rise of COVID-19 trajectory in the country during April- May 2021.
The three onshore mature assets are Ankleshwar, Ahmedabad and Mehsana, ONGC chairman and managing director Sudhir Vasudeva told reporters in Vadodara on Thursday.
The capacity of the proposed facility, part of Indian Oil's Rs 56,000-cr investment plan during the 12th Plan, will be five mt a year.
'We are ready to allow transit facilities and also foolproof security but India will have to deal with Kashmir issue in an equitable and peaceful manner,' the Pakistani president said.
India had included the penalty clause in the $22 billion deal it signed with Iran in June this year for import of five million tonnes of LNG for 25 years so that the fuel reaches its shores as per the committed schedule of 2009-10.
Reliance Industries on Friday reported more than doubling of its March quarter net profit to Rs 13,227 crore as improvement in petrochemical and consumer business countered continued weakness in refining business.
Union Home Minister Amit Shah on Tuesday alleged that 'Bhatija (nephew) and company' had swindled central funds sent for Amphan relief and said that probe will be ordered into it and culprits will be booked after the Bharatiya Janata Party comes to power in West Bengal.
Estimated to cost $44 billion, the project was expected to be commissioned by 2025.
Bangladesh government has shortlisted bidders for a 5-mt LNG terminal at Moheshkhali island in the Bay of Bengal.
Oil and Natural Gas Corporation may take up the 20 per cent stake in a $ 2 billion liquefied natural gas project in Iran.
With an eye on bigger imports, the oil marketing firm may get its French partner Total to set it up.
Govt's move will facilitate entry of global giants such as Total SA of France, Saudi Arabia's Aramco, BP Plc of the UK, and Trafigura's downstream arm Puma Energy.
The tankers carrying fuel from terminals to dealer outlets would not just have global positioning system (GPS) tracking but also an electronic key (e-key).
For India's upstream sector that has seen no new discovery coming into production.
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