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 …

GMR group to buy stake in ONGC`s Rs 31,000 crore refinery

The Rs 31,000-crore refinery and petrochemical plant being planned by Oil and Natural Gas Corporation (ONGC) in Kakinada in Andhra Pradesh is likely to have a new partner

Petrol pumps to go on strike

If the impending taxi strike was not enough, here comes another strike, which is set to hit both commuters and car owners hard. The West Bengal Petroleum Dealers Association has called a three-day strike in all the 2,000 odd petrol pumps in the state and the city from 30 June …

Oilcos to pump premium diesel to cos

HOSPITALS, hotels, malls, cinema halls and other commercial establishments will not be able to avail subsidised diesel anymore. They have to buy costlier premium (or branded) diesel. Public sector oil companies IOC, BPCL and HPCL plan to stop supply of subsidised diesel to commercial establishments. Retail price of branded diesel, …

Plastic manufacturers face threat of closure

BLEAK FUTURE: Plastic products on display at a shop. Plastics have perhaps the widest possible application in day-to-day life. When international crude prices zoom and the prices of petroleum products get revised, little do people realise that dozens of other smaller and much bigger products also get affected. All of …

Effective measures needed: To check petrol consumption

After the slowdown in American economy prices of crude oil have shown drastic swing. On Saturday the prices of crude oil reached up to 139 per barrel in New York. In the matter of oil consumption the five premier nations America, Japan, China, India and South Korea have expressed serious …

BJP: UPA has unleashed economic terror

Says Fuel Price Rise Unjustified, Wants PM To Resign Gauging that it could only add to the its ammunition against the government in a year leading up to the Lok Sabha polls, BJP on Wednesday reacted strongly to the government's decision to hike fuel prices, saying a "directionless' UPA has …

Govt bites the bullet: LPG up Rs 50, petrol Rs 5, diesel Rs 3

Left, RJD, NDA Condemn Hike; Govt Too Will Tighten Belt If you drive 36km daily

Oil companies are losing Rs 725cr daily on fuel sales

The government has been deliberating on measures over oil prices through the last fortnight. Meanwhile, the companies' losses rose from Rs 16.34 a litre to Rs 21.43 on each litre of petrol, Rs 23.47 to Rs 31.58 on diesel, Rs 28.72 to Rs 35.98 on kerosene and Rs 305.90 to …

Orissa govt clears mega petrochemical project

The Orissa government's high-level clearance authority (HLCA), headed by chief minister Naveen Patnaik, on Tuesday cleared the Petrochemicals & Petroleum Investment Region (PCPIR) project. The PCPIR, one of the five such projects to be developed in the country, will be located in Paradip region covering two districts

Gas shortage

Rising oil prices is forcing Gulf states to invest in gas production. Some analysts estimate that the cumulative supply shortfall for the six countries of the Gulf Co-operation Council up to 2015 will reach at least 7,000bn cubic feet. To put the number into perspective, according to BP the UK's …

CM seeks PMs intervention on NRL

Chief Minister Tarun Gogoi has called upon the Prime Minister Dr Manmohan Singh and Petroleum Minister Murali Deora to formulate a special compensation package for the Numaligarh Refinery Limited (NRL) to enable the refinery to tide over the crisis faced by it. In a letter to the Prime Minister, the …

Fuel supplies resume in Nashik

A day after the city faced acute Petrol shortage, the crunch somewhat eased on Tuesday with the re-opening of the Bharat Petroleum Corporation Limited (BPCL) depot. The BPCL depot was opened on the directives of the collector, according to official sources. The city was facing fuel shortage since May 23 …

Subsidy on petro products

Equals Rs 6,000 A Year For Every Poor Man WITH international crude prices hovering around $135/barrel and the Indian crude basket following closely at about $125/barrel, the under-recovery or the subsidy on petroleum products is likely to touch Rs 180,000 crore in 2008-09. At a consumption poverty level of 27.5%, …

Fuel price hike may be cushioned with duty cut

Govt Tries Balancing Act To Protect Consumers And Burdened Oil Companies Rajeev Jayaswal NEW DELHI THE government is working on a dual strategy of fuel price hikes coupled with duty cuts to shield consumers and cash-strapped oil companies. The finance ministry has asked the petroleum ministry to chalk out various …

Bathinda refinery to get operational by 2011

The Rs 18,900-crore Guru Gobind Singh Refineries Ltd (GGSRL) being commissioned at Bathinda by a HPCL-Mittal Energy Ltd JV is expected to kick-off by 2011. According to GGSRL managing director B S Sant, the project, which will make Bathinda one of the major petrochemical hubs in Asia, is expected to …

Lay off IGL, Centre tells petroleum and natural gas board

TIMES NEWS NETWORK New Delhi: The oil ministry has removed the clouds of uncertainty over continuation of Indraprastha Gas Ltd as the city's sole supplier of CNG (compressed natural gas) for automotive and kitchen uses. The ministry has spiked the sectoral regulator's decision de-recognising IGL's projects in the Capital, saying …

Oil accounts for nearly 34% of Indias total energy use

What are oil reserves? Technically a country's oil reserves are the estimated quantity of crude oil that can be produced under the present operating conditions. Because of the different reservoir characteristics and limitations in petroleum production technology, only a fraction of the total stored oil can be extracted for economic …

Please, this is not the 90s economy

T T RAM MOHAN AT THE beginning of the year, many commentators saw the turmoil in the international financial markets as posing a threat to the growth of the global economy as also the Indian economy. This threat has turned out to be smaller than the pessimists had contended. Growth …

Gas Cracker Project on time: GAIL chief

After Minister of State for Chemicals and Fertilizers, Bijoy Krishna Handique, it was the turn of Chairman-Cum- Managing-Director (CMD) of Gas Authority of India Limited (GAIL), Dr UD Choubey today, to allay apprehension over Assam Gas Cracker Project, assuring that it would be completed within the scheduled time. The project …

MRPL to expand capacity

Mangalore Refinery and Petrochemicals Limited (MRPL) will invest Rs. 8,000 crore in the next three years to expand the capacity of its present refinery at Mangalore from 9.69 million tonnes to 15 million tonnes, R. Rajamani, Managing Director, said here on Thursday. Environment clearance Mr. Rajamani said the company had …

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