Tag Archives: Petroleum

Daily Current Affairs – 12th April 2017

Daily Current Affairs - 12th April 2017

Following are the Current Affairs for 12th April 2017: National 1. Petrol and Diesel prices to change daily from May 1 Come May 1, Petrol and Diesel prices will change every day in sync with international rates, much like what happens in most advanced markets. State-owned fuel retailers Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp ...

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Cabinet approves revision of Ethanol price for supply to Public sector Oil Marketing Companies

Cabinet approves revision of Ethanol price

The Cabinet Committee on Economic Affairs, has approved the mechanism for revision of ethanol price for supply to Public Sector Oil Marketing Companies (OMCs) to carry out the Ethanol Blended Petrol (EBP) Programme in the following manner: For the next sugar season 2016-17 during ethanol supply period from 1st December, 2016 to 30th November, 2017, the administered ethanol price for ...

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PETROTECH-2016, the 12th International Oil and Gas Conference & Exhibition from 5-7 December

PETROTECH-2016

PETROTECH-2016, the 12th International Oil and Gas Conference and Exhibition will be organised by the Ministry of Petroleum and Natural Gas at New Delhi from 5th to 7th December, 2016. Along with the three days Conference with an anticipated participation of over 100 eminent speakers and 6000 delegates, the event will also have an Exhibition with participation of over 600 ...

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Acquisition of stake in Russian oil companies by Indian Consortium approved

Underground Oil Rig

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to an Indian Consortium comprising of Oil India Limited (OIL), Indian Oil Corporation Limited (IOCL) and Bharat Petro Resources Limited (BPRL) for acquisition of 23.9 percent stake in JSC Vankorneft and 29.9 percent stake in LLC Taas-Yuryakh from M/s Rosneft Oil Company (Rosneft), ...

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