Order of the National Green Tribunal in the matter of In Re: News Item Titled "Neglected Katora Houz in Hyderabad’s Golconda Fort Cries for attention appearing in ‘The Siasat Daily’ dated 25 May 2025". The application was registered suo-motu based on the news item titled “Neglected Katora Houz in Hyderabad’s …
GAIL (India) will be the first Indian company to import shale gas after receiving a waiver from the US department of energy (DoE), whose permission is needed for oil and gas exports to countries that don't have a free trade pact with the United States. The first-ever authorisation to export …
Protests staged at various places in delta districts Cadres of the CPI-affiliated Tamil Nadu Vivasayigal Sangam took out rallies and staged demonstrations at various places in Thanjavur, Tiruvarur and Nagapattinam districts protesting against the proposed coal-bed methane (CBM) project from the delta districts. Groundwater depletion and pollution is inevitable when …
State-run Indian Oil Corporation (IOC) has claimed a technological breakthrough that could be a game changer for advancing use of bio-diesel in the country and ensuring ready acceptance of the fuel by the automobile industry. IOC has stated that it has successfully developed and commercialised a technology to co-process non-edible …
Ennore Port will be able to lease 5.2 lakh sq m of land to a joint venture led by IOC for setting up a LNG storage and regasification plant at the port. This follows the Cabinet Committee on Economic Affairs approving the proposal at its meeting here on Thursday. The …
The project aims to maximise refinery margins at least by $1 a barrel Chennai Petroleum Corp Ltd (CPCL), a subsidiary of IndianOil Corp Ltd, has got environment clearance for its Rs 3,350-crore expansion project at the Manali refinery near here. Proposed two years ago, the project aims to maximise the …
Indian Oil Corporation (IOC) has invited bids for the construction of a 5 million tonne-a-year LNG terminal at Ennore in Tamil Nadu, which would be constructed at a cost of Rs. 4320 crore. According to officials, IOC is seeking expression of interest (EoI) proposals for a lump sum engineering, procurement …
State govt assures the court it will compensate the loss to the oil companies The Kerala high court on Thursday directed public sector oil companies -- Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Limited (HPCL) -- to supply diesel to the Kerala State Road Transport Corporation (KSRTC) at subsidised …
The state industry department has asked the Odisha Industrial Infrastructure Development Corporation (Idco) to formulate the draft memorandum of understanding (MoU) to be signed with Indian Oil Corporation Ltd (IOCL) after due consultation with district government pleader to avoid litigations. The Petroleum and Natural Gas Regulatory Board (PNGRB), the upstream …
In a move that could give a fillip to India's unconventional gas production, the ministry of environment and forests has given the phase-III clearance for Essar Oil's Raniganj block in West Bengal. The company will now be able to drill up to 650 wells, compared with the current 135. The …
Oil-marketing companies (OMCs) have decided to increase petrol prices by Rs 1.40 per litre with effect from Friday midnight. With this, petrol price in Delhi would be Rs 70.46 a litre now. The last price hike was on February 16. Between then and now, international petrol prices rose from $128.57 …
The Competition Commission of India (CCI) is issuing a notice to three state-owned oil marketing companies (OMCs) on a probe on whether they form a cartel to fix petrol prices. The commission is also looking at the coal and fertiliser sectors, where government-owned companies dominate the market. “Law does not …
Despite the uncertainty surrounding re-insurance for oil refineries over crude oil import from Iran, companies here are not perturbed yet about the United States’ sanctions in this regard. They said they believe the government would come out with a solution by June. Hit largely by the sanctions are the country’s …
Indian Oil Corporation review meeting later this week The next phase of rise in diesel prices seems, unlike earlier, to be a non-combined exercise from the three government oil marketing companies ( OMCs). On January 17, the government allowed Indian Oil Corporation ( IOC), Hindustan Petroleum Corporation (HPC) and Bharat …
The government will pay Rs 25,000 crore additional cash subsidy to state-owned fuel retailers to make up for part of the revenue they lost on selling auto and cooking fuel below cost this fiscal. The Finance Ministry on February 7 issued a "comfort letter" to Indian Oil Corp (IOC), Bharat …
New Delhi: Fearing oil refineries will be hit hard by the Finance Ministry's move to change the way petrol and diesel are priced, Oil Minister M Veerappa Moily has asked Prime Minister Manmohan Singh to constitute an expert committee to decide on the issue. The Finance Ministry has informed the …
With an eye on bigger imports, the oil marketing firm may get its French partner Total to set it up State-run oil marketing firm Hindustan Petroleum Corp Ltd (HPCL) is planning to invest Rs 600-700 crore to set up its second underground liquefied petroleum gas (LPG) storage facility in Mangalore. …
The government’s decision to cap the number of subsidised LPG (liquefied natural gas) cylinders seems to have brought cheer to oil companies as their auto gas segment has registered significant growth since last September. IndianOil Corp Ltd, for instance, saw a growth of around 22 per cent in volumes and …
The project, supposed to be ready last year, had been delayed due to labour and land issues, and slow progress on the power plant front Shine Jacob With environment clearances delaying Indian Oil Corporation (IOC)’s product pipeline, the state-run company plans to commission its Rs 30,000-crore refinery at Paradip in …
Their first target could be bulk buyers but state-owned companies are well-entrenched in that market At 65 million tonnes per annum, diesel accounts for nearly 40 per cent of all petroleum products sold in the country. Not surprisingly, it is a huge opportunity for private oil marketing companies. Now that …
Looking at ways to stop bulk diesel users from securing fuel from retail outlets With dual pricing for diesel in place, oil marketing companies (OMCs) are looking at ways to stop bulk diesel users from securing the fuel from retail outlets. The three public sector OMCs — Indian Oil Corporation, …
