Sunday, October 24, 2021
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Fire-fighting operation on Butcher Island over: Mumbai Port

BPCL has eight tanks on Butcher Island. The fire was limited to only one tank. No casualty was reported during the mishap.

HPCL stake sale to ONGC: Arun Jaitley to head panel

Post-merger all refining units of ONGC will be accumulated under HPCL, making it India's third largest oil refiner after Indian Oil Corp (IOC) and Reliance Industries, Pradhan said.

National award for UoH professor

Prof. K.S. Krishna was chosen by the Union Ministry of Earth Sciences for the award for his outstanding contributions on geological and tectonic processes of the Indian Ocean.

Expect Iran to reciprocate on gas field award: Oil Minister Pradhan

With Tehran delaying the award of rights to develop the 12.5 trillion cubic feet gas field to its discoverer, OVL, India decided to cut oil imports from Iran by a fifth in 2017 -18.

CPI’s Suravaram takes on NDA rule

Suravaram emphasised the need to give more powers to States as suggested by the Sarkaria Commission and opposed disinvestment under the “misrule” of PM Modi.

Three years of NDA rule disaster for country: CPI chief

Under the Modi rule, 58 per cent of income was in the hands of just 1 per cent of the rich, and the remaining 42 per cent income was divided among 99 per cent of the people, says Communist Party of India (CPI) general secretary Suravaram Sudhakar Reddy

‘India favours integrated companies but against monopoly’

Indian govt favours creation of integrated companies in the public sector but ensures no monopoly, said Union Minister Dharmendra Pradhan.

Oil behemoth on the way

Greater autonomy to oil companies, opening up the sector for independent retailers and increasing R&D spending on renewable energy will be an ideal path to follow.

Five of top-10 firms suffered loss in m-cap

Five of the top-10 firms take Rs 39594 crore hit in their market captalisation while the other five made gains.

India in talks with Russia to swap natural gas with China

ONGC Videsh Ltd Managing Director Narendra K Verma said talks are on with Russian gas monopoly Gazprom for an alternative swap.

ONGC net profit up 6%; announces bonus share

With all of its about Rs 14,000 crore cash committed in future projects and capital expenditure, the company favoured issuing bonus shares rather than cash dividends as a method of providing income to shareholders.

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