Oil Current Affairs, GK & News

Assam Baghjan Oil Well Fire

On June 9, 2020, a massive fire engulfed the Baghjan oil well of Assam. The well of the Oil India Limited had blown out on May 27, 2020 and has been leaking gas for the past 14 days. Highlights The accident is causing huge damages and is leaking gas. The smoke from the site could ..

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Exploration underneath Assam National Park receives Environmental Clearance

On May 20, 2020, the major exploration by the Oil India Limited beneath the Dibru-Saikhowa National Park of Assam received environmental clearance. There were concerns that the project would affect the flora and fauna in the region. The park is the only region in India that supports feral horses. Highlights The Oil India Limited (OIL) ..

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Cabinet approves North East Natural Gas Pipeline Grid

On January 8, 2020, the Cabinet Committee on Economic Affairs approved the North East Gas Pipeline Grid. The pipeline is to be constructed for around 1,656 km. Highlights The gas pipeline grid is to be developed in eight states of the North East Region namely Manipur, Meghalaya, Assam, Arunachal Pradesh, Mizoram, Sikkim, Nagaland and Tripura. ..

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International Energy Agency releases World Energy Outlook, 2019

The Paris based International Energy Agency recently released its report on World Energy Outlook. The Agency has projected that the installed solar power in the world will increase by 3,142 GW by 2040. According to the report, the currently the world uses 495 GW of installed solar power. Highlights of the report Oil demand will ..

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Goa Maritime Conclave, 2019

The Goa Maritime Conclave was inaugurated by the National Security Advisor of India Sri. Ajith Kumar. Theme of the conclave: Common Maritime Priorities in IOR and need for Regional Maritime Strategy The Conclave was held under three sessions. It focused on capacity building of IOR (Indian Ocean Region) Navies to encounter emerging maritime threats Why ..

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