ONGC exits from Sudan

Published: September 17, 2020

India’s Oil and Natural Gas Corp (ONGC) recently exited from Sudan oilfields. This step was taken by ONGC after the African nation refused to pay for oil it lifted from the fields. Key Facts ONGC Videsh Ltd (OVL) has also with withdrawn from the block. OVL had a 25 per cent stake in Block 2A&4 ..

Month: Current Affairs - September, 2020

Category: Economy & Banking Current Affairs

Topics: Oil and Natural Gas Corporation • ONGC • Sudan

Reliance Industries at 96th rank in Fortune Global 500 list

Published: August 12, 2020

Reliance Industries, headed by the Indian Billionaire Mukesh Ambani, has jumped 10 places to break into the world’s top 100 companies on the Fortune Global 500 list. Reliance is ranked 96th in the 2020 ranking released by Fortune. This is the highest any Indian company has been ranked on the Fortune Global 500 list. Background ..

Month: Current Affairs - August, 2020

Category: Reports & Indexes Current Affairs

Topics: Bharat Petroleum • Fortune 500 • Indian Oil Corp • IOC • Mukesh Ambani • ONGC • Reliance • Reliance Industries • SBI • State Bank of India • Walmart

Public Enterprises Survey: Air India, MTNL, BSNL highest loss makings PSUs in FY19

Published: February 11, 2020

On February 10, 2020, the Department of Public Enterprises operating under Ministry of Heavy Industries tabled the “Public Enterprises Survey” on the parliament. The report says that the net profit from the PSUs has increased by 15.5% as compared to the previous year. Highlights The survey said that Indian Oil Corporation, NTPC and ONGC were ..

Month: Current Affairs - February, 2020

Category: Reports & Indexes Current Affairs

Topics: Air India • BSNL • BSNL. MTNL • Central Public Sector Enterprises • India Oil Corporation • NPA • ONGC • PSUs • public enterprises survey

Cauvery Delta of Tamil Nadu declared Protected Agricultural Zone

Published: February 10, 2020

On February 10, 2020, Chief Minister of Tamil Nadu announced that Cauvery Delta is to be declared as Protected Special Agricultural Zone. In 2019, the Central Government had awarded the oil and gas exploration projects in the Cauvery basin. This invoked large protests amid water crisis in the state. Extraction of hydro carbon requires excess ..

Month: Current Affairs - February, 2020

Topics: Agriculture • Cauvery • Cauvery River • Chief Minister of Tamil Nadu • Environmental impact assessment • Hydrocarbon Resources • Hydrocarbons • ONGC

Northeast Natural Gas Pipeline Grid gets Cabinet Approval

Published: January 9, 2020

A Capital grant as viability gap funding of Rs 5,559 crore was approved by the Cabinet Committee on Economic Affairs on Wednesday, 8th January 2020 for setting up the North-East Natural Gas Pipeline Grid. The Minister of Petroleum & Natural Gas and Steel, Dharmendra Pradhan attended the press conference for the approval and said that ..

Month: Current Affairs - January, 2020

Topics: Assam • Dharmendra Pradhan • GAIL • Hydrocarbon Vision 2030 • Indian Oil Corporation • Indradhanush Gas Grid Limited (IGGL) • Minister of Petroleum and Natural Gas • North-East Natural Gas Pipeline Grid • Northeast India • Numaligarh Refinery • Oil India • ONGC • Urja Ganga Project

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