NEW DELHI – The West Indian Sugar Mills Association has written to the food ministry for permission to use maize as a feedstock for ethanol production when there is shortage of sugarcane due to drought, an industry source said. “WISMA, Maharashtra has written in support of this to the food ministry saying that in years…
A statement from the Associated Chambers of Commerce and Industry of India (Assocham) quoting Tarun Kapoor, Secretary, Ministry of Petroleum and Natural Gas, said, “The Petroleum Ministry will also provide whatever relief such as extending timelines, try and reduce penalties wherever possible and take other such measures.” Kapoor was speaking at a webinar organised by…
The world’s third-largest oil importer, India, will be the biggest source of energy demand growth through 2050 in any scenario about government policies about the energy transition. However, India may not be as key a driver of global oil demand growth as previously thought. This was one of the messages in the BP Energy Outlook…
Mumbai, Sep 16 (PTI) The proposed amendment in the Electricity Act 2003 providing subsidy on power to farmers through direct benefit of transfer may not be practically possible, say experts. In the draft amendment, the power ministry has proposed to initiate direct benefit transfers (DBT) in the power sector by making payment of the subsidy…
NEW DELHI : India’s Oil and Natural Gas Corp (ONGC) has exited from Sudan oilfields after the African nation refused to pay for oil it lifted from the fields.ONGC Videsh Ltd (OVL), the overseas investment arm of the state-owned firm, as also its Chinese partner CNPC and Malaysia’s Petronas have withdrawn from the block, a…
New Delhi: Petrol sales have fully recovered to pre-Covid level and diesel is down just about 6 per cent in the first half of September from a year earlier, signalling people and industry were eager to get on with their lives despite a record jump in infection rates. In the first fortnight of September, petrol…
16 Sept 2020-New Delhi: India will be the largest source of demand growth for energy by 2050, supermajor BP Plc said on Monday, as it saw an end to the relentless growth of oil globally. In its annual Energy Outlook 2020, BP said global oil consumption may never return to levels seen before the coronavirus…
16 Sept 2020-New Delhi: The National Green Tribunal Tuesday directed the state pollution control boards to ensure scientific disposal of hazardous waste by oil refineries. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel noted that disposal method and quantity is not defined clearly about a category of spent catalysts (Oxide), which is a…
16 Sept 2020-Gandhinagar: The Gujarat Chief Minister Vijay Rupani on Tuesday said Bhavnagar will become the first Compressed Natural Gas (CNG) terminal in the world, as the government has given its sanction to the Rs 1,900 crore brownfield project.The terminal will have a capacity of 15 lakh tons annually. He said the state government has…
16 Sept 20-Sale-bound Bharat Petroleum Corporation Ltd (BPCL) may buy out the entire stake of OQ, the erstwhile Oman Oil Company (OOC), in their Madhya Pradesh joint venture, the Bharat Oman Refineries Ltd (BORL). Government sources said that BORL became a subsidiary of BPCL in March this year and the next step now is to…
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