Current Affairs

GK MCQs Section

Page-2 of Topic: Oil and Gas

Oil Prices plunge by 20% as OPEC fails to make a deal

On March 9, 2020, the prices of crude oil plunged by 20% after OPEC to failed to make a deal in making production cuts. Highlights The Saudi Arabia...

March 9, 2020

Corona Virus: OPEC to cut oil production largely since 2008 financial crisis

On March 5, 2020, the world’s largest oil production nations of OPEC (Organization of Petroleum Exporting Countries) have planned to cut production. This is the deepest oil production...

March 6, 2020

Budget 2020: Economic Development-Commerce, Industries and Infrastructure

The Union Budget 2020 was presented by the Finance Minister Shrimati Nirmala Sitaraman. The budget was presented under three themes namely Aspirational India, Economic Development and Care Giving....

February 2, 2020

Price Restriction on locally produced natural gas removed-To Boost Investment

GoI has been reforming the oil and gas sector lately. Steps are being taken to free up pricing of oil and gas sector to scale up oil and...

November 12, 2019

India attends the ADIPEC-Abu Dhabi International Petroleum Exhibition and Conference

Minister of Petroleum, Natural Gas and Steel Shri Dharmendra Pradhan will represent India at the ADIPEC-Abu Dhabi International Petroleum Exhibition and Conference between November 10-12, 2019. Highlights During...

November 11, 2019

India Energy Modelling Forum

Niti Ayog in association with the United States Agency for International Development (USAID) organized the first workshop on the development of the India Energy Modelling Forum (IEMF).  The...

March 16, 2019

India, Israel sign 9 agreements in space, defence, cybersecurity

India and Israel have signed nine agreements to boost cooperation in the areas of space, cyber security and oil and gas between both countries. The agreements were signed...

January 15, 2018

India, Belarus sign 10 pacts to expand cooperation

India and Belaru have inked 10 agreements to expand cooperation in range of areas including oil and gas, education and sports and also decided to explore joint development and manufacture...

September 13, 2017

CCEA approves survey project of Un-appraised Areas of Sedimentary Basins

The Cabinet Committee on Economic Affairs (CCEA) has approved survey project to acquire 48,243 Line Kilometer (LKM) 2D seismic data for appraisal of Indian sedimentary basins where limited...

September 12, 2017

Excellence in India’s Oil and Gas Sector

The oil and gas sector is vital to India’s economy. It plays a key role in energy security, economic development, and job creation. Recognising excellence in this sector...

July 19, 2015

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