Page-2 of Petroleum Sector
Parliament passes Indian Institute of Petroleum & Energy Bill, 2017
The Parliament has passed The Indian Institute of Petroleum and Energy (IIPE) Bill, 2017 after it was adopted by Rajya Sabha. Lok Sabha already had passed the bill in August 2017. The Bill establishes the IIPE at Vishakhapatnam, Andhra Pradesh ..
Month: Current Affairs - December, 2017
Dinesh K Sarraf appointed as Chairman of PNGRB
The Appointments Committee of the Cabinet (ACC) has appointed former CMD of ONGC Dinesh K Sarraf (60) as new Chairman of Petroleum and Natural Gas Regulatory Board (PNGRB). He replaces S Krishnan, who had demitted office in August 2015. Besides, ..
Month: Current Affairs - December, 2017
Consultative Workshop on New National Policy on Biofuels held in New Delhi
The Union Ministry of Petroleum and Natural Gas had organised a consultative workshop on New National Policy on Biofuels & Pradhan Mantri Ji- Van Yojana (VGF for 2nd Generation Ethanol Bio Refineries) in New Delhi. The workshop was organised for ..
Month: Current Affairs - November, 2017
Cabinet approves setting up of Indian Institute of Petroleum and Energy at Visakhapatnam
The Union Cabinet has approved setting up of Indian Institute of Petroleum and Energy (IIPE) at Visakhapatnam, Andhra Pradesh as Institute of National Importance through an Act of Parliament. The Institute will have the governance structure as well as legal ..
Month: Current Affairs - April, 2017
Government launches BS-IV grade fuels
Government has formally launched Bharat Stage-IV (BS-IV) grade transportation fuel across the country to keep carbon emission in check. The launch came days after the Supreme Court banned sale and registration of BS-III vehicles from 1 April, 2017. It sets ..
Month: Current Affairs - April, 2017
CCEA approves Policy for Early Monetization of Coal Bed Methane Gas
The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved Policy for Early Monetization of Coal Bed Methane (CBM) Gas Marketing and Pricing Freedom for CBM Gas. The policy provides marketing and pricing freedom to ..
Month: Current Affairs - March, 2017
PM Narendra Modi to inaugurate PETROTECH 2016
Prime Minister Narendra Modi will inaugurate the 12th edition of International Oil and Gas Conference and Exhibition “Petrotech-2016” in New Delhi on 5 December 2016. The 2016 theme is “Hydrocarbons to fuel the future – Choices and Challenges”. 6000 delegates ..
Month: Current Affairs - November, 2016
National Seismic Programme launched in Odisha
The Union Government has launched National Seismic Programme (NSP) to trace hydrocarbon resources like oil and natural gas in Mahanadi basin. It was launched by Union Minister of State (MoS) for Petroleum and Natural Gas at Taranga village under Soro ..
Month: Current Affairs - October, 2016
Union Government launches #Gas4India campaign to promote use natural gas in the country
The Union Ministry of Petroleum & Natural Gas has launched #Gas4India campaign, aimed at promoting the use of natural gas in the country. It was launched by Union Minister of State (I/C) for Petroleum and Natural Gas Dharmendra Pradhan in ..
Month: Current Affairs - September, 2016
Union Cabinet gives nod to BPCL’s investment enhancement in Oman Refineries
The Union Cabinet has given its approval to enhance investment by Bharat Petroleum Corporation Limited (BPCL) in Bharat Oman Refineries Limited (BORL). With this, the investment amount of BPCL could be enhanced upto a maximum of 3000 crore rupees by ..