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 …

Shell, Logen Scrap Plans For Canada Biofuel Plant

Royal Dutch Shell Plc and Iogen Corp have scrapped plans for a commercial-scale biofuel plant in Manitoba, spelling the loss of 150 jobs and raising questions about widespread and near-term use of fuel made from agricultural waste in Canada. The Iogen Energy joint venture had been studying building a plant …

AP takes back land for HPCL's Rs 45,000 cr complex

State cites delay in project execution, cancels allotment of 1,500 acres In a setback to state-owned HPCL, the Andhra Pradesh government has cancelled the land allotted to the company for setting up its proposed Rs 45,000-crore petrochemical complex at Visakhapatnam, due to delay in executing the project, a government official …

RIL asked to sign pact with NTPC

The Central Government has directed Reliance Industries Ltd. (RIL) to sign gas sales and purchase agreement (GSPA) with NTPC and 10 other city gas distribution (CGD) companies to supply gas from the KG-D6 fields. Recently, Communist Party of India (Marxist) Rajya Sabha member Tapan Sen had, in a letter to …

Reduce Petrol Tax by 6/L: Oilmin

Finance ministry not inclined to forego more revenue. The oil ministry has asked for a tax cut of . 6 per litre on petrol to help avoid a sharp rise in retail price of the fuel, but the finance ministry, which has already surrendered . 49,000 crore by reducing various …

PM to inaugurate Rs 21,500-cr refinery near Bhatinda tomorrow

The Rs 21,500-crore Guru Gobind Singh Refinery near Bathinda — the largest investment Punjab has seen since Independence — will formally be inaugurated by Prime Minister Manmohan Singh on April 28. While Chief Minister Parkash Singh Badal will be present on the ocassion along with his cabinet colleagues, state Congress …

ONGC to go ahead with oil exploration in South China Sea

Oil giant ONGC along with a Vietnamese company will launch joint exploration for oil in the South China Sea despite objections from China, a top company official said today. “There is nothing wrong in it. ONGC Videsh has got this assignment through an international bid and we will go ahead …

Bengal taps IOC to help HPL

Calcutta, April 24: The Bengal government has initiated a dialogue with the Indian Oil Corporation (IOC) to bring the public sector giant as a strategic investor into Haldia Petrochemicals Ltd (HPL). Strategic investors are those who infuse funds into a project for long-term gains and play a role in decision-making. …

RIL-BP allowed to survey 12 KG-D6 fields

New Delhi A regulatory panel has allowed Reliance Industries to carry out surveys on 12 satellite fields in the deep water D6 block in the east coast, subject to the condition that this expense would become eligible for recovery only if a subsequent field development plan is approved by the …

RIL-BP integrated plan for KG-D6 gas block rejected

The Petroleum and Natural Gas Ministry has rejected the “integrated development plan” submitted by Reliance Industries Limited (RIL) and its partner British Petroleum (BP plc) for development and production of 16 gas discoveries and instead asked it to restrict pre-development expenses only to fields that have proved commercial viability. The …

Shell Nigeria spill 60 times worse than said - Amnesty

An oil spill in Nigeria for which Royal Dutch Shell is being sued for tens of millions of dollars in a London court was at least 60 times worse than it announced, a report by Amnesty International said on Monday, citing research it commissioned. A Shell spokeswoman said it was …

Oil refining capacity to grow 43%

NEW DELHI, 22 APRIL: India's oil refining capacity will rise by more than 43 per cent to 310 million tons a year by March 2017 from the current capacity of 216 million tons, oil secretary Mr GC Chaturvedi has said. “India has leapfrogged from a modest 62 million tons per …

ONGC to Get Six Mths More to Drill Raniganj-North Block

This will be the third extension for completing CBM project that was given to ONGC nine years ago. The oil ministry will grant ONGC another six months to drill the required number of wells and draw plans for producing coal bed methane (CBM) from the Raniganj-north block in West Bengal, …

Key report on open allocation of natural resources gathers dust

GoM headed by Pranab accepted Ashok Chawla committee report in October 2011 Notwithstanding frequent criticism by the Comptroller and Auditor General (CAG) on lack of transparency in allocation of natural resources, the Manmohan Singh government continues to sit tight on the reforms suggested by the Ashok Chawla committee which include …

Cairn gets Govt Nod to Raise Output by 16%

The government has approved Cairn India’s proposal to ramp up its Rajasthan block’s output by another 25,000 barrels per day after its partner in the block, public sector ONGC, has endorsed raising production would not damage the reservoir and that the infrastructure is adequate to handle 16% jump is crude …

RIL Moves SC on KG-D6 Arbitration

Seeks appointment of arbitrator on behalf of oilmin to settle dispute OUR BUREAU NEW DELHI Reliance Industries has sought the Supreme Court’s intervention to help start arbitration with the oil ministry over recovering its investment in the D6 block from gas sales, ruling out amicable resolution of its dispute with …

RIL moves apex court on KG-D6 arbitration

Having failed to get a response from the ministry of petroleum and natural gas for nearly five months, Reliance Industries Ltd (RIL) on Wednesday filed a plea in the Supreme Court to seek the appointment of an arbitrator in its dispute over the D6 block in the Krishna-Godavari basin. According …

PM to inaugurate Bathinda refinery

The Rs.21,500 crore Guru Gobind Singh Refinery near Bathinda town - the largest investment in Punjab since independence - will be formally inaugurated by Prime Minister Manmohan Singh April 28, Punjab officials said here Thursday. The refienry is located near Bathinda town in southwest Punjab, 250 km from here. A …

Cairn gets govt nod for raising Mangala output

Cairn can raise output from its largest oilfield in Rajasthan block by 25,000 barrels per day to 150,000 bpd After more than six-month wait, the Government today gave approval to Cairn India to raise output from its largest oilfield in Rajasthan block by 25,000 barrels per day to 150,000 bpd. …

Papers Detail BP Settlement in Gulf Oil Spill

The estimated multibillion-dollar settlement between BP and lawyers representing individual and business plaintiffs in the 2010 Gulf of Mexico oil spill was fleshed out on Wednesday in hundreds of pages of motions and exhibits. The broad outlines of the agreement in principle reached last month, including an estimated $7.8 billion …

EU's green fuel ranking would cost little-report

Proposed EU law requiring fuel suppliers to report the carbon intensity of their product, and which also rank oil from tar sands as particularly polluting, would only cost vehicle drivers around one euro cent per oil barrel, a report said on Thursday. EU member countries are already required to report …

  1. 1
  2. ...
  3. 35
  4. 36
  5. 37
  6. 38
  7. 39
  8. ...
  9. 65

IEP content by date loading...
IEP child categories loading...