Petrochemical Industry

Order of the National Green Tribunal regarding an illegal cracker unit in Thanjavur district, Tamil Nadu, 29/05/2025

Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …

Non-supply of gas: State tea production hit

Non-supply of gas by the Assam Gas Company Ltd (AGCL), following an agitational programme by an organisation blocking Oil India Ltd (OIL) pipelines, has hit production in the tea factories located in the five districts of Tinsukia, Dibrugarh, Sivasagar, Jorhat and Golaghat. It is stated that production in most of …

Order slashing CNG prices quashed by High Court

Ruling that the Petroleum and Natural Gas Regulatory Board (PNGRB) has no power to determine the maximum retail price of CNG, the Delhi High Court on Friday set aside its April 9 order which had slashed the network tariff and compression charges for CNG distributed by the Indraprastha Gas Limited …

CAG starts 2nd audit of oil & gas blocks

New Delhi: Even as the coalgate controversy rages, the UPA government could be staring at another damaging report from its official auditor, the Comptroller and Auditor General, as it has started its second audit of four oil and gas blocks and may come up with the final report by the …

Oil companies told to explain petrol price hike

The Bombay high court on Wednesday directed the Ministry of Oil and Natural Gas and three oil companies to file an affidavit explaining the reasons for the recent price hike of petrol by Rs7.50 per litre. The affidavits have to be filed by the Ministry, Indian Oil, Hindustan Petroleum and …

Govt Switches on, Lifts Coal Mining Hurdles

GoM seeks forest clearance for Mahan & Chhatrasal blocks, subject to conditions The government has removed roadblocks to coal mining by leading business houses and taken the first step to relax scrutiny of corporate expenditure on oil and gas fields, in a burst of action that has cheered investors and …

ONGC to Focus on Deepwater, Shale Strategy

Energy co aims to double domestic output and treble EBITDA by 2030. Oil & Natural Gas Corp, India's biggest energy explorer, plans to focus on shale and deepwater areas to double production and triple profit by 2030 as it competes with China to acquire assets globally. “We have to form …

Petrol may become cheaper by 2/L

New Delhi: State-run fuel retailers are expected to announce a reduction of between Rs 1.50 and Rs 2 a litre in petrol price on Friday. The cut, once announced, will come into effect from June 1. The cut will bring some succour to consumers from the steepest-ever increase — Rs …

Mumbai port trust invites bids to clean up oil spills

Keeping in mind the rising incidents of oil spills around Mumbai, the Mumbai Port Trust (MbPT) has now invited global bids to outsource the work of oil spill response facilities for a period of five years. The oil spill response facilities will help the Mumbai Port Trust and Jawaharlal Nehru …

Local opposition stalls Cairn's Gujarat pipeline project

Uncertainty prevails over Cairn India’s 74-km section of the 670-km-long Barmer-Jamnagar crude oil pipeline. Landowner farmers in 24 villages of Salaya and Bhogat taluks in Jamnagar district are demanding adequate compensation for the pipeline passing through their fields. Work remains suspended unofficially since August 2010, and officially since April 26. …

Illinois Sues Wood River, Alleging Water Pollution

Illinois Attorney General Lisa Madigan sued current and past owners of Phillips 66's Wood River, Illinois, refinery on Tuesday, alleging the ground water in the nearby town of Roxana, Illinois, was contaminated by the plant. A spokesman for Phillips, which operates the 356,000 barrel-per-day refinery with Cenovus Energy Inc in …

Shale Gas Boom at Risk Over Environment Failings

Global exploitation of shale gas reserves could transform the world's energy supply by lowering prices, improving security and curbing carbon dioxide emissions, but the industry might be stopped in its tracks if it doesn't work harder to resolve environmental concerns, the International Energy Agency said Tuesday. The IEA's report shows …

RIL wants import-parity price for its gas

Needed, it says, for covering its return and risks also wants govt to stick to contract on output sharing Stuck with $4.2 a million British thermal units (mBtu) price for its natural gas till 2014, Reliance Industries Ltd (RIL) has sought from the government an import-parity price for sale of …

RIL-Ministry Spat Forces PMO to Look at Oil, Gas Pacts

Rangarajan to head committee, to press for revision in terms of production sharing contracts for future deals. A committee headed by C Rangarajan will review terms of the contract that oil & gas companies sign with the government, after a controversy between Reliance Industries and the oil ministry over declining …

No rollback in petrol price hike for now: Oil companies

But indicate prices may come down next month. While maintaining that there will be no immediate rollback of the hike in petrol prices, oil companies have indicated that prices may come down next month as part of the revision exercise. While the move to hike petrol prices is being opposed …

China finds new oil well in Bohai Sea

China National Offshore Oil Corporation (CNOOC) Limited, the listed unit of the country's largest offshore oil producer, announced Thursday that the company has made a new oil discovery in the Bohai Sea. According to CNOOC Ltd, the new discovery LD 21-2 is located in the inverted structure belt of LD …

Petrol price raised by Rs. 7.54 a litre in steepest-ever hike

Rates of diesel, LPG and kerosene left untouched The UPA-II, celebrating three years in office, gave the “common man” a gift on Wednesday: the steepest- ever increase of Rs. 7.54 in petrol prices. The increase is the first in the past six months. Petrol price in Delhi was increased by …

Govt calls shots, but FM blames oil marketers

New Delhi: Finance minister Pranab Mukherjee on Wednesday laid the onus of the petrol price hike on oil marketers. “The decision has been taken. Petrol is a deregulated commodity,” he said. The government had freed petrol prices in June 2010 when crude came down to around $40 a barrel from …

New and Frozen Frontier Awaits Offshore Oil Drilling

Shortly before Thanksgiving in 2010, the leaders of the commission President Obama had appointed to investigate the Deepwater Horizon oil spill in the Gulf of Mexico sat down in the Oval Office to brief him. After listening to their findings about the BP accident and the safety of deepwater drilling, …

Indiana: In Deal, BP Will Install Pollution Controls at Oil Refinery

BP said Wednesday that it would spend $400 million to install pollution controls at its giant Whiting, Ind., refinery to allow it to process heavy crude oil from Canada, in a deal with federal and state regulators. The consent decree reached with the Justice Department and Environmental Protection Agency also …

Oil, gas firms ask for regulatory clarity on coal bed methane areas

In response to demands from companies engaged in extracting coal bed methane (CBM) for a single operator who would work the CBM blocks, an inter-ministerial panel has asked the petroleum secretary GC Chaturvedi to prepare a note on best practices for the sector in areas where oil and gas finds …

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