Current Affairs

GK MCQs Section

Topic: Oil Imports

U.S’ Ban on Russian Oil Imports

On 8th March 2022, President of U.S. Joe Biden imposed an immediate ban on oil and gas energy imports from Russia, by signing an executive order. About the...

March 9, 2022

India’s Monthly Goods Exports – Current Trend

The Ministry of Commerce and Industry recently released the monthly goods export report of the country. According to the report, in December 2021, India exported 37.29 billion USD...

January 4, 2022

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...

April 21, 2021

US Becomes India’s Second Biggest Oil Supplier

The United States has become the second biggest oil suppliers of India by overtaking Saudi Arabia. This shift comes after the refiners boosted cheaper U.S. crude purchases to...

March 15, 2021

Bengal Basin-India’s Eighth Functional Basin

The Oil and Natural Gas Corporation recently began oil production from Ashokenagar-1 well located in the Bengal Basin. With this Bengal Basin becomes the eighth oil producing basin...

December 23, 2020

India-Qatar Energy Task Force

India and Qatar are to establish a task force on energy. The task force will be represented by a senior officer from petroleum Ministry of India and the...

December 14, 2020

India-Kazakhstan sign Memorandum of Understanding

On November 17, 2020, India and Kazakhstan held seventh round of foreign office consultations via video conference. The countries signed the “Indian Grant Assistance for Implementation of High...

November 18, 2020

India-OPEC Energy Dialogue held virtually

On November 5, 2020, the fourth high level meeting of India-OPEC Energy Dialogue was held virtually. India was represented by the Oil Minister Dharmendra Pradhan. The dialogue is...

November 6, 2020

India-UAE Defence Cooperation enhanced through Joint Production

India and United Arab Emirates recently held a webinar to boost defence production and exports between the countries. Highlights The Webinar was organised by the Department of Defence...

October 29, 2020

Cabinet approves India-Nigeria Space Cooperation

On October 21, 2020, the Union Cabinet approved the Memorandum of Understanding signed between the Indian Space Research Organisation and the National Space Research and Development agency of...

October 21, 2020

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