Tag: Petroleum

Sunil Banda has a long criminal history and had also served a jail term of five years at Tihar prison, said the officer

As per the International Energy Agency estimates, India will contribute a quarter (25 per cent) of the growth in global energy consumption in the coming two decades.

India has been under pressure from the US-led West to cut its energy buys from Russia. It has stepped up its purchases, instead, to take advantage of the heavy discounts offered by Moscow.

Jharsuguda: Police, officials of Civil Supplies and Weights and Measures Departments conducted joint-checks at several filling stations in Jharsuguda town following reports that some petrol retailers  are allegedly installing micro-chips and other electronic gadgets to cheat consumers in weight. “As per the direction of SP, we are inspecting the petrol pumps as some filling stations […]

Bhubaneswar: The State Capital today became the first city of Odisha as well as eastern India to get compressed natural gas (CNG) station for use by two and three wheelers. Petroleum Minister Dharmendra Pradhan inaugurated the station at a filling station in Chandrasekharpur and another at Patia. “By use of CNG instead of petrol and […]

Bhubaneswar: At a time when the government is aiming to promote more digitisation in all spheres of life, people could very soon have the luxury of buying petrol and diesel on a single click without even going to petrol pump. According to union minister Dharmendra Pradhan all petroleum products will soon be available on e-commerce […]

Vienna: The Organisation of Petroleum Exporting Countries (OPEC) on Friday announced an agreement to raise oil output which, in accord with non-OPEC producers, had been reduced last year in order to boost prices that had been in free fall mainly due to a supply glut. Following a ministerial meeting here of the 14-nation cartel, the […]

New Delhi: State-run Indian Oil Corp (IOC) on Monday signed an agreement to supply over 1 million tonnes (MT) of petroleum products annually to Nepal for the next five years, Chairman B. Ashok said. “The supply agreement signed today is for the period April 2017 to March 2022 and will meet the full requirements, demand and […]

Ahmedabad: Attributing the recent rise in fuel prices to a hurricane in the US, Union minister Dharmendra Pradhan today said the rates will come down in the next few days. “Fuel prices have gone up recently due to the hurricane in the US. As the prices reduce in the international market, they will come down […]

Bhubaneswar: Overwhelmed over the total investment intent of over Rs 2 lakh crore received during the recently concluded ‘Make in Odisha’ Conclave, Chief Minister Naveen Patnaik today said the state government will take steps to ensure grounding of these investments. “I am particularly pleased that the proposed investments have the potential to generate 1.4 lakh […]