Page-5 of crude oil
Oil refineries in India
The hydrocarbons which are extracted from the sub-surface is in the form of a thick blackish-brown sticky goo like substance. It needs to be further distilled into usable products like petrol, diesel, kerosene, and LPG. This is generally done with ..
Strait of Homruz: The Artery of Oil
Recently two tankers were targeted in suspected attacks near the strategic Strait of Hormuz which is a vital waterway for global oil shipments. Strait of Hormuz The Strait of Hormuz is a strait between the Persian Gulf and the Gulf ..
High level Committee Recommends to Reduce Import Dependency of Crude
The High-Level Committee constituted to examine the issues relating to the preparation of action plan to create synergy among R&D Centres of Oil & Gas PSUs; tax issues and ways to benefit from GST by the Oil & Gas PSUs ..
India: Import of Crude from Iran and Chabahar Port Development
The sanctions waiver from the US has curtailed the Indian crude imports from Iran. But the fact that Iran was an important supplier of crude to India cannot be sidelined because: Iran is India’s third-largest oil supplier behind Iraq and ..
India to stop Importing Crude Oil from Iran
In the backdrop of the US refusal to extend the sanctions waiver for India to import crude from Iran, the Ministry of Petroleum and Natural Gas has taken steps necessary steps to end the imports from Iran. Even though India ..
Month: Current Affairs - April, 2019
Core Industrial Output increased in February
The output from the eight core sectors which include coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity witnessed a growth of 2.1 per cent in February, compared to the corresponding month last year as per the ..