Topic: crude oil
Treating Formation Water
The treatment of formation water, a byproduct of crude oil excavation and processing, holds significant importance in preventing environmental pollution and promoting sustainable practices. Scientists from the Institute...
Uganda’s First Oil Drilling Program
Uganda has one of the largest oil reserves in the Saharan desert according to the International Monetary Fund. Oil was discovered in Uganda twenty years back. But the...
Oil Companies Threatening Okavango, Murchison Falls
A report titled “Who is Financing Fossil Fuel Expansion in Africa?” was released recently by a German non-profit Urgewald. About Okavango delta The Okavango delta, a UNESCO World...
Cut in Windfall Tax on petrol, diesel, ATF
On July 20, 2022, Union government reduced the windfall tax on petrol, diesel, crude oil and jet fuel, following the cut in international rates. Highlights Windfall tax on...
Indian-Brazil Alliance for Bioenergy and Biofuels
Brazil and India have agreed to work towards the development of an Indian- Brazil Alliance for Bioenergy and Biofuels and will also be establishing a virtual India-Brazil Centre...
India’s Oil production in FY22
The crude oil production of India fell 2.67 percent in the fiscal year that ended on 31st March 2022. The production of ONGC was less than the target,...
Key Facts on Oil Bonds
The government issues oil bonds to compensate the oil marketing companies (OMCs) to offset the losses that are suffered by them with the aim of shielding consumers from...
Milestone in India’s Export
India’s exports crossed the USD 400 billion mark in a fiscal year. This is the first time India’s export has reached such heights. Overview: This milestone has been...
Index of Eight Core Industries
In January 2022, compared to the same time period last year, the growth rate of eight core industries stood at 3.7 percent. The Ministry of Commerce announced this....
Govt. approves two more new Strategic Oil Reserves
In accordance with the second phase of the Strategic Petroleum Reserve (SPR) programme, the government approved the establishment of two additional commercial and strategic underground storage facilities at...
Crude oil output of India drops
The Ministry of Petroleum and Natural Gas recently released its data for the fiscal year 2020-21. According to the data, crude oil production of India fell to 30.5...
