OPEC
India at ADIPEC Conference
ADIPEC conference is being held in Abu Dhabi, from November 15 to November 18, 2021. Highlights World’s biggest oil & gas companies and several OPEC+ energy ministers are there in Abi Dhabi to attend this conference. The conference is taking ..
Month: Current Affairs - November, 2021
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 being held since 2015. Key Highlights During the dialogue, India pressed for ..
Month: Current Affairs - November, 2020
COVID-19: Fifth Recession of India
Since Independence in 1947, India has faced four recessions. According to Reserve Bank of India (RBI), the recessions occurred in 1958, 1966, 1973 and 1980. Highlights Recession is defined as the fall in economic activities of the country along with ..
Month: Current Affairs - June, 2020
CIPET renamed as Central Institute of Petrochemicals Engineering and Technology
The Central Institute of Plastics Engineering and Technology has now been renamed as Central Institute of Petrochemicals, Engineering and Technology. The name change was registered under Tamil Nadu Societies Registration Act, 1975. Highlights The main objective of CIPET is to ..
Month: Current Affairs - May, 2020
India Russia to sign MoU on Coking Coal
On May 7, 2020, Indian Petroleum Minister Shri Dharmendra Pradhan and Russian Energy Minister alexander Novak held a meeting through video conference. The ministers reviewed ongoing projects. Highlights The ministers emphasized on the cooperation in coking sector. They also held ..
Month: Current Affairs - May, 2020
OPEC and Russia approve biggest Oil Cuts
The Organization of Petroleum Exporting Countries (OPEC) and Russia have come together to cut oil output by 10%. This is being done to control the falling oil prices amidst lock down all over the world due to COVID-19. Background The ..