First Ship load of Crude Oil reaches India

On April 13, 2020, the first crude oil of 1 million barrels from UAE have reached India. The oil prices have declined by 60% since January, 2020. The prices are expected to rise with OPEC and Russia have come to terms to cut their production by 10%. Hence, this is the right time to fill ..

Month: Current Affairs - April, 2020

Category: International Current Affairs

Topics: Crude oil Imports • India-UAE • India-US • Oil Imports • Oil reserves • Padur • Padur Strategic Petroleum Reserves • Strategic Oil Reserves storgaes • Vishakhapatnam

Current Affairs: November 13, 2018

Main current events of November 13, 2018 are as follows: National Current Events Public Service Broadcasting Day celebrated on November 12 to commemorate the only visit of Mahatma Gandhi to the studio of All India Radio, Delhi in 1947 Gandhian Philosophy Award and Public Service Broadcasting Award announced on Public Service Broadcasting Day at All ..

Topics: Geography of India • Geography of Uttar Pradesh • Jayanta Mahapatra • Padur • Swami Bhoomananda Tirtha • Tirtha • Varanasi

Cabinet approves establishment Strategic Petroleum Reserves at Chandikhol and Padur

The Union Cabinet has approved establishment of additional 6.5 Million Metric Tonne (MMT) Strategic Petroleum Reserves (SPR) facilities at Chandikhol in Odisha and Padur in Karnataka. It also approved construction of dedicated SPMs (Single Point Mooring) for the two SPRs. This decision is in line with Government’s announcement of setting up of two additional SPRs ..

Month: Current Affairs - June, 2018

Topics: Cabinet Decisions • Chandikhol • Karnataka • National • Odisha • Padur • Strategic Petroleum Reserves