Indo Petroleum Marketing (IPM), a Delhi-based start-up company that has been granted transportation fuel retail marketing authorization by the Ministry of Petroleum and Natural Gas, will set up 15 retail outlets in Assam.
Mumbai (Maharashtra) [India], January 9: Sanmit Infra Ltd - leading company engaged in construction of real estate projects, supply of petroleum products and biomedical waste management is planning to set up Bio CNG plant under the Sustainable Alternative towards Affordable Transportation sc
Minister Pradhan remarked, "Commencement of oil & gas production by @ONGC from KG basin will boost indigenous production of hydrocarbon resources, further strengthen India's energy security and add momentum to achieving self-reliance in energy. It is due to the reforms initiated by PM @n
Union Minister for Petroleum and Natural Gas and Housing and Urban Affairs Hardeep Singh Puri took to X and said that it was the "First Oil" production commenced from the complex and difficult deepwater KG-DWN-98/2 Block, situated off the coast of Bay of Bengal.
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the signing of a Memorandum of Understanding (MoU) between the Ministry of Petroleum and Natural Gas, India and the Ministry of Natural Resources, Guyana, on cooperation in the hydrocarbon sector.
The arrested accused were identified as Devi Singh Kachhawaha, Director of Super Shivshakti Chemical Pvt. Ltd, Chittorgarh, Rajasthan; Priyadarshan Dinkar Deshpandey (tout); Vivek Kumar, Dy.Chief Controller of Explosive and Ashok Kumar Dalela, Dy.Chief Controller of Explosives.
According to S&P Global Commodity Insights, the move is prompted by India's vulnerability to disruptions in the energy supply chain, especially in critical regions like the Red Sea and the Middle East.
The number of retail outlets retailing 20 per cent ethanol-blended fuel is now at around 9,300 and it will cover the entire country by 2025, said Union Petroleum Minister Hardeep Puri on Wednesday.
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.
The District Magistrate of Jammu, Sachin Kumar Vaishya on Tuesday urged the public not to panic and rush to the petrol pumps saying that there are enough stocks of petroleum products in the district.
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.
The All Pakistan Business Forum (APBF) President has said that the inflation measured by the Sensitive Price Indicator (SPI) continued to witness a rise.