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 …

Can RIL hike its gas price? PMO seeks legal opinion

Prime Minister Manmohan Singh’s Office has asked the petroleum ministry to examine whether the government can allow Mukesh Ambani-controlled Reliance Industries Limited (RIL) to increase the price of its gas from the KG D6 basin from the current $4.2 per mmbtu (million metric British Thermal Units), decided by a group …

Bhatinda-Srinagar gas pipeline project awarded to Gujarat State Petronet led group

The Centre has awarded the Rs 855-crore Bhatinda-Jammu-Srinagar gas pipeline project to Gujarat State Petronet Ltd (GSPL). This was revealed at a high-level meeting of officers chaired by the Chief Secretary, Mr Madhav Lal, who reviewed the 750-km long gas pipeline project here. The project stretches from Bhatinda in Punjab …

Iran stops oil exports to Britain, France

Iran has halted oil shipments to Britain and France, the Oil Ministry said Sunday, in an apparent pre-emptive blow against the European Union after the bloc imposed sanctions on Iran’s crucial fuel exports. The EU imposed tough sanctions against Iran last month, which included a freeze of the country’s central …

Iran halts oil sales to UK, France on eve of talks

Iran ordered a halt to its oil sales to Britain and France on Sunday in a move seen as retaliation against tightening EU sanctions, as a team of U.N. inspectors flew to Tehran to press the Islamic Republic over its disputed nuclear programme. The European Union enraged Tehran last month …

Petrol prices may rise by 3 next month

Petrol prices are expected to rise by about . 3 per litre early next month after the crucial assembly election in Uttar Pradesh, industry executives said on Monday. Executives in Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum said petrol rates had not been revised for two months despite high …

GAIL pipeline project gets MoEF nod

KOCHI: The Union Ministry of Environment and Forests (MoEF) has cleared the Kochi-Koottanad-Bangalore-Mangalore pipeline project. Though the MoEF has given the ‘go ahead’, the details are yet to be received, a top official with the Gas Authority of India Ltd (GAIL) said.“The implementation of the project is a joint effort …

Oilmin Renews Plans to Penalise RIL for D6 Gas Output Fall

Ministry wants to deduct $1.24 b from contractor’s share due to fall in output. The oil ministry is making a fresh attempt to financially penalise Reliance Industries for the fall in natural gas output from the D6 block even as it wants to avoid arbitration over the same issue, government …

GoM clears direct import of jet fuel

A-I to be allowed to raise Rs 7,400 cr. A Group of Ministers today recommended allowing airlines to import jet fuel directly, a move that would help them cut fuel costs by up to 20 per cent. The GoM also approved a plan to recast Air India’s debt of Rs …

Draw up map of HPCL refinery area, orders HC

Observing that security scenarios keep changing every month, the Bombay high court has demanded that a map of the area around the Hindustan Petroleum Corporation Limited (HPCL) refinery at Mahul in Chembur be produced before it. A division bench comprising justices SA Bobade and RD Dhanuka observed that refineries, which …

Fuel supply to A-I resumes

NEW DELHI, 3 FEB: As Air India promised to pay Rs 28 crore dues by this evening, state-owned oil companies have resumed jet fuel supplies to the national carrier today. All the three oil companies ~ Indian Oil, Bharat Petroleum and Hindustan Petroleum ~ had jointly stopped aviation turbine fuel …

Oil cos stop jet fuel supplies to AI

State-owned oil companies today snapped supplies of jet fuel to Air India for failing to honour payments even after 90-day credit period, but the ailing national carrier said it has paid Rs 180 crore andwould pay another Rs 40 crore by tomorrow. "I have spoken to the Petroleum Secretary not …

Cabinet okays Cairn India stake sale

The Cabinet Committee on Economic Affairs on Tuesday approved majority share sale of Cairn India Ltd to Vedanta Resources Plc after the Law Ministry clarified that there was “no legal or constitutional objection to the Petroleum Ministry’s proposal” for the transfer. The Petroleum Ministry had sought fresh approval in view …

Cairn-Vedanta deal gets final Cabinet nod

Investors in Cairn India can heave a sigh of relief. Ending all uncertainties over the deal, the Cabinet gave its final approval to the Cairn Energy-Vedanta Resources deal on Tuesday. The Petroleum Ministry had to approach the Cabinet Committee on Economic Affairs again seeking fresh approval after the Home Ministry …

Vendanta to meet MoEF officials regarding Orissa refinery

NEW DELHI: Vedanta Aluminium plans to meet officials of the environment ministry "soon" to chalk out its strategy related to expansion of alumina refinery in Orissa, following rejection of its review petition by the Orissa high court last week. "There is no stricture against us by the (Orissa) High Court. …

EGoM to step in to secure gas supplies to power projects

Close on the heels of the PMO stepping in to play a direct role in sorting out the fuel woes faced by coal-fired power project developers, a much-delayed ministerial panel meeting on gas allocations to upcoming projects is slated to take place later this month. The meeting of the empowered …

US' 60 million barrel a day waste water story

The biggest output of the US oil and gas industry is not oil or gas but dirty water. Everyday, US oil and gas producers bring to the surface 60 million barrels of waste water, with a salt content up to 20 times higher than sea water and laced with hazardous …

State inks MoUs for Rs.1,00,000-crore investment

Andhra Pradesh government signed agreements for investments to the tune of a staggering Rs.1,00,000 crore on Thursday for different projects, including two oil refineries in the State. These Memoranda of Understanding (MoUs) were signed in the presence of Chief Minister N. Kiran Kumar Reddy on the opening day of the …

Steep fall in natural gas production at RIL's KG-D6 block hampers CNG growth

MUMBAI: A steep fall in natural gas production at Reliance Industries' D6 block in KG basin and scarcity of retail outlets are hampering growth of compressed natural gas as a fuel of choice in private vehicle segment. Despite an increasing price differential between CNG ( 31- 32) - the cheapest …

Diesel prices to be hiked in small doses to help oil firms: Jaipal Reddy

HYDERABAD: The government will gradually increase diesel prices in small doses at an "appropriate time" to help oil companies that are selling the fuel below market rates, and insulate consumers from a sharp increase, oil minister Jaipal Reddy said on Monday. With inflation showing signs of abating, the government has …

Indian refiners, govt meet on Iran oil payments

NEW DELHI: Indian refiners and oil ministry officials are meeting on Monday to discuss alternative methods to pay for Iranian oil imports should an existing mechanism via Turkey's Halkbank be halted under US sanctions against Tehran. Financial sanctions signed into law by President Barack Obama on New Year's Eve make …

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