Mineral Resources Current Affairs, GK & News

Cabinet approves India-Mongolia Agreement on exploration of outer space

On January 8, 2020, the Union Cabinet chaired by PM Modi approved the agreement between India and Mongolia to explore outer space for civilian and peaceful purposes. The countries signed the agreement in September 2019. Highlights The agreement enables the countries to pursue research in planetary exploration, space system, application of space technology. The plan ..

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India-Bolivia Sign 9 MoUs

During the state visit of the President Ram Nath Kovind to Bolivia the following 9 MoUs were signed: Agreement on Exemption of Visa for Diplomatic and Official Passport holders to facilitate entry into either country of Diplomatic and Official Passport Holders without a visa for a maximum of 90 days in any period of 180 ..

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Government amends definition of hydrocarbon to include shale

Union Ministry of Petroleum and Natural Gas has amended Petroleum and Natural Gas Rules 1959 to include shale in definition of petroleum. This change will allow private companies to explore and produce the resource in the blocks they already operate. Key Facts The updated definition of petroleum means naturally occurring hydrocarbons, whether in form of ..

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ONGC discovers oil in Arabian sea near Mumbai High

State-owned Oil and Natural Gas Corporation (ONGC) has made oil discovery in WO-24-3 well located west of Mumbai High fields in Arabian Sea. The well is estimated to hold in-place reserve of about 20 million tonnes. The new discovery comes almost 50 years after ONGC began production in Mumbai High, which is India’s biggest oil ..

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Government to launch Deep Ocean Mission

The Union Ministry of Earth Sciences (MoES) is going to launch Deep Ocean Mission by January 2018 to spur research activities in ocean science and develop technology to harness ocean resources. The proposed inter-ministerial and interdisciplinary project aims to explore and harness mineral resources beneath the ocean floor. Need India has 7,500 km of coastline ..

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