The Government of India (GoI) has recently constituted a 5-member committee to review existing marketing structure in Liquefied Petroleum Gas (LPG) marketing in India. The committee, headed by economist Kirit Parikh, will look into issues related to definition or quality standards of LPG being marketed. Its terms of reference also include scope for liberalizing government ..
Petroleum production: GK, Current Affairs, Questions, Trivia and News
The researchers at Purdue University in US develops a new method to purify water used in oil refinement
Researchers at Purdue University in the US, including one of Indian origin, have developed a new process to remove nearly all traces of oil in produced water — a byproduct from the oil refinery and extraction process. The process uses activated charcoal foam and subjects it to solar light to produce heat and purify the ..
The 2nd edition of the Asia LPG Summit 2019 was held in New Delhi with theme ‘LPG – Energy for Life’. The summit was organized by the World LPG Association (WLPGA) in association with major Indian public-sector oil companies (OMCs) Indian Oil, Hindustan Petroleum, and Bharat Petroleum. In it, Union Petroleum Minister Dharmendra Pradhan stated ..
The Oil and Natural Gas Corporation (ONGC) will soon launch Asia’s first large scale CO2-injected project in its Gandhar oil field in Gujarat to recover an extra 20 million barrels of crude oil under the Enhanced Oil Recovery (EOR) programme which is being undertaken to improve India’s energy security. The EOR programme is set to ..
The Asian Development Bank (ADB) has approved debt financing and partial risk guarantee of $583 million to develop Reliance Power’s 750MW LNG based combined cycle power plant and LNG terminal project in Bangladesh. ADB’s financing package includes loans and partial risk guarantees for the power generation facility, as well as for the LNG terminal. The ..
The 6th annual LNG Producers Consumer Conference will be held in Tokyo, Japan from Oct 16-18, 2017. From India, Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship Dharmendra Pradhan will participate in the conference to enhance the bilateral engagements in the Oil and Gas sectors within the overall framework of India-Japan Energy ..
The Union Cabinet headed by Prime Minister Narendra Modi has recently approved signing of the Memorandum of Cooperation (MoC) with Japan on establishing a Liquid, Flexible and Global LNG Market. The MoC will provides a framework to cooperate in facilitating flexibility in LNG contracts, abolition of Destination Restriction Clause (DRC) and also explore possibilities of ..
Petroleum and Natural Gas Ministry launched a LPG Portal aimed at ensuring transparency in the delivery of domestic LPG cylinders to the consumers. This step is expected to materialize into a potent tool for social audit for all domestic LPG supplies. Civil Society can also access LPG distribution information from this portal and can report ..