Page-5 of Oil Imports Current Affairs, GK & News

PM Modi to visit Saudi for Future Investment Initiative

On October 29, 2019, the Prime Minister Modi is to attend the third session of Future Investment Initiative Forum in Saudi Arabia. The PM will deliver a keynote address at the forum. He will also meet the Saudi king Salman bin Abdulaziz Al Saud. He will hold delegation level talks with Crown Prince Mohammad bin ..

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Electric Fleet for Commercial Use

The government think tank Niti Aayog is exploring the following options for transitioning to electric vehicles: Taxi aggregators to be required to convert 40 per cent of their fleet of cars to electric by April 2026. Taxi aggregators such as ola, uber would be required to convert their fleet as early as next year to ..

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Next Government to decide on Oil Imports from Iran

India has told Iran that the next government would take a call on oil imports from Iran after weighing factors including ‘commercial consideration, energy security and economic interests. US Sanctions and Iran President Trump had unilaterally walked out of the Joint comprehensive plan of action (JCPOA) agreement and had reimposed the sanctions on Iran. US ..

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FAME-II Scheme and Energy Needs

The government had introduced the FAME II scheme to boost the adoption of electric and hybrid vehicles in the country. The Confederation of Indian Industry (CII) has made the following observations about the scheme: It estimates that India can save 64% of anticipated road-based mobility-related energy demand and 37% of carbon emissions in 2030 by pursuing ..

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US to End Sanctions Waivers to India

Reports suggest that the US could terminate the sanctions waivers it granted to some importers of Iranian oil after it re-imposed sanctions on Iran last year. Ending of Sanction Waiver Reports indicate that the US has already communicated to seven countries viz. Japan, South Korea, Turkey, Italy, Greece, China and India- that they will no longer ..

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