Search For "oil"
Ethanol blending program saved Rs 24,300 crore foreign exchange in 2022-23
Updated : 2 years, 4 months ago IST
Ethanol blending in petrol was introduced by the Centre to reduce the country's oil import costs, increase energy security, lower carbon emissions and improve air quality.
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Venezuela agrees to supply oil to India in lieu of pending dividend, says
Updated : 2 years, 4 months ago IST
Venezuela, a historical player in the global oil industry, has been producing oil since 1914. With proven oil reserves of 299,953,000,000 barrels, as of 2016, Venezuela stands as one of the world's leading holders of oil reserves, representing about 18.2 per cent of the global total.
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UAE: Dragon Oil commences production of crude oil from Al Wasl field in Eg
Updated : 2 years, 4 months ago IST
The agreement, which was reached with APM Terminals, has obtained all regulatory and stakeholder approvals and the change of ownership will take place effective immediately
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Government will extend all support to activities of Kerala Shipping and In
Updated : 2 years, 4 months ago IST
Poseidon is a 1400 MT capacity oil tanker barge built at Vijay Marine Shipyard of Goa with a government contribution of Rs 12.32 crore and company's own funds of Rs 3.02 crore.
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Argentina and Brazil's soybean surge: India eyes increased soybean oil sup
Updated : 2 years, 4 months ago IST
This surge, propelled by Argentina's crop recovery and Brazil's higher biodiesel mandate, is poised to reshape global soybean dynamics, as per S&P Global.
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Priyanka Gandhi slams Centre over rising fuel prices, inflation
Updated : 2 years, 4 months ago IST
Congress leader Priyanka Gandhi Vadra on Saturday slammed the Centre over the rising fuel prices and inflation in the country. "Crude oil has become cheaper by 29% in the international market in 19 months. Oil companies have earned Rs 1.32 lakh crore profit in six months. The burden of their
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"Commendable step by PM Modi": Smriti Irani on expansion of Indian Oil bot
Updated : 2 years, 4 months ago IST
Union Minister Smriti Irani and Lok Sabha MP from Amethi on Saturday hailed Prime Minister Narendra Modi over the expansion of the oil bottling plant in Amethi.
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India's Russian crude imports prevented price surge in global oil market
Updated : 2 years, 4 months ago IST
The report emphasised that these purchases, totalling an estimated 1.95 million barrels per day (b/d), were pivotal in averting potential chaos in the crude oil market and preventing a surge in prices by approximately USD 30-USD 40 per barrel.
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Global oil diplomacy 2024: Abundant crude supplies offer Biden strategic l
Updated : 2 years, 4 months ago IST
As per S&P Global, while US gasoline prices hold significance in an election year, experts suggest that increased global oil supplies, driven in part by enhanced US oil production, provide the administration with some flexibility in its approach to geopolitical challenges.
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CBI files chargesheet against Assam's former Engineer for possessing dispr
Updated : 2 years, 4 months ago IST
As per the CBI, the accused named in the charge sheet are Karun Jyoti Baruah, Superintending Engineer (Civil), Oil, Duliajan (Assam), and Jonali Baruah.
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Reliance becomes first in India to use chemical recycling for circular pol
Updated : 2 years, 4 months ago IST
Reliance Industries on Friday said it has become the first Indian company to chemically recycle plastic waste-based pyrolysis oil into International Sustainability and Carbon Certification (ISCC)-Plus certified circular polymers.
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PSU oil companies announce Rs 6.87/litre incentive for ethanol production
Updated : 2 years, 4 months ago IST
Oil marketing companies in the public sector have announced an incentive of Rs 6.87 per litre for the production of ethanol from C-heavy molasses
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