President Trump visit to India: 2 MoUs and 1 Letter of Cooperation signed

On February 24, 2020, the US President Donald Trump visited India along with his wife Melania Trump. On the sidelines of his visit, agreements were signed in the field of health, oil and defence. Highlights In the Defence Sector, 3 billion USD worth deal was signed to buy helicopters. The Memorandum of Understandings were signed ..

Month: Current Affairs - February, 2020

Category: International Current Affairs

Topics: CDSCO • India-US • Memorandum of Understanding (MoU) • Mental health • Oil and Gas Sector • Pharmaceutical Sector • USFDA

Five oil PSUs sign JV pact for N-E Natural Gas Pipeline Grid

Five central oil PSUs – IOCL, ONGC, GAIL, OIL, and NRL have signed agreement for executing 1500 Km North-East Natural Gas Pipeline Grid. It is a major initiative to connect all North-East States to National Gas Grid. It will be implemented under Centre’s ambitious Urja Ganga Gas Pipeline Project. Terms of Agreement Joint Venture (JV) ..

Month: Current Affairs - July, 2018

Topics: Five central oil PSUs • National • North-East Natural Gas Pipeline Grid • Odisha • Oil and Gas Sector • Urja Ganga

India hosts 16th International Energy Forum (IEF) Ministerial Meeting

India, world’s third-largest energy consumer after US and China hosted 16th International Energy Forum (IEF) Ministerial Meeting from 10-12th April 2018 in New Delhi. It was formally inaugurated by Prime Minister Narendra Modi. This is second time India hosting IEF Ministerial meeting. It had earlier hosted 5th IEF Ministerial in 1996 at Goa. IEF Ministerial Meeting ..

Month: Current Affairs - April, 2018

Topics: Business • China • Economy • Energy security • Events • International Energy Forum • International Organisations • National • Oil and Gas Sector • South Korea

ONGC to introduce Asia’s first large scale CO2 injection technique at Gandhar field

State owned Oil and Natural Gas Corporation (ONGC) is planning to introduce carbon dioxide (CO2) injection technology in its Gandhar oil field in Gujarat. It will be first large scale CO2-injected project in Asia. Its purpose is to recover extra 20 million barrels of crude oil under enhanced oil recovery (EOR) programme. EOR programme aims ..

Month: Current Affairs - February, 2018

Topics: CO2 injection technology • Enhanced Oil Recovery Programme • Oil and Gas Sector • ONGC • Science and Technology

Cabinet approves Discovered Small field Round II

The Union Cabinet has approved second round of Discovered Small Field (DSF) auctions under Discovered Small Field Policy. The auction will offer total of 60 discovered small fields/un-monetized discoveries with an estimated 194.65 Million Metric tonnes of oil. Key Facts Of the 60 fields, 22 fields belong to Oil and Natural Gas Corporation (ONGC), 5 ..

Month: Current Affairs - February, 2018

Topics: Business • Cabinet Decisions • Discovered Small Field • Discovered Small Field Policy • Economy • National • Oil and Gas Sector • Petroleum Sector