ONGC held its 349th Board Meeting on 26th May, 2022 exclusively for firming its Future Exploration Strategy. The Company has drawn up a comprehensive roadmap to further intensify its exploration campaign, allocating a capital expenditure of about Rs.31,000 crore in the next three fiscal years during FY 2022-25. This is 150 per cent of its exploration expenditure of Rs. 20,670 crore in the last three fiscals during FY 2019-22. ONGC also plans to leverage international collaborations with reputed global majors for this, for which talks are in an advanced stage. This exploration intensification includes activities funded through ONGC’s internal program as…
Author: Amit Bhanot
(MC) The Eastern Railway has achieved 100 per cent electrification of its 2,848 km network with the completion of work in the 41 km Hansdiha-Godda section, an official said. The total electrification will help reduce carbon emission significantly and support the Indian Railway in achieving its target of making the country’s railway network carbon neutral by 2030, he said. “With the successful completion of CRS (commissioner of railway safety) inspection of the Hansdiha-Godda section, Eastern Railway’s entire 2,848 km network is converted to electrified route,” the Kolkata-headquartered zonal railway’s spokesperson Ekalabya Chakraborty said. The Hansdiha-Godda section has 41 km of track…
(AU) यूपी के मुख्यमंत्री योगी आदित्यनाथ दोपहर 12.30 पर विधानसभा को संबोधित करेंगे। इस दौरान वह सदन में पेश किए गए वर्ष 2022-23 के लिए बजट व राज्यपाल के अभिभाषण पर अपने विचार रखेंगे। प्रदेश सरकार ने गुरुवार को ही यूपी का अब तक का सबसे बड़ा बजट पेश किया। इस बजट का आकार 6 लाख 15 हजार 519 करोड़ रुपये है।इस बजट में सरकार ने 2022 के संकल्प पत्र में की गई घोषणाओं को जमीन पर उतारने का वादा किया।
(MC) Oil prices hovered around a two-month high on Friday, with Brent crude on track for its biggest weekly jump in 1-1/2 months, supported by the prospect of an EU ban on Russian oil and the coming summer driving season in the United States.Brent crude futures for July dipped 9 cents to $117.31 a barrel at 0247 GMT after rising to as high as $118.17 earlier in the session. The benchmark was on track for a gain of about 4% this week. U.S. West Texas Intermediate (WTI) crude futures were down 18 cents, or 0.2%, at $113.91 a barrel. WTI…
(The Hans India) The government has put the privatization of Bharat Petroleum Corp Ltd (BPCL) on hold. Several reasons, like rising crude prices and indifferent performance of the BPCL share, are said to be responsible for the halt. “BPCL privatization is not on track,” a senior official in the Department of Investment and Public Asset Management (Dipam) informed Bizz Buzz. “It’s not moving. Decision is on the table. We have to take it.” He, however, didn’t specify what decision the government is contemplating. The Dipam official actually confirmed what Vedanta Group Chairman Anil Agarwal had said on April 24. “It…
Modi Addresses Utkarsh Samaroh In Bharuch, Gujarat
In line with the National Hydrogen Mission, GAIL (India) Limited has awarded a contract to set up one of the largest Proton Exchange Membrane (PEM) Electrolyser in India. The project would be installed at GAIL’s Vijaipur Complex, in Guna District of Madhya Pradesh, and would be based on renewable power. The Project has been designed to produce around 4.3 Metric Tons of Hydrogen per day (approx. 10 MW capacity) with a purity of about 99.999 Volume %. It is scheduled to be commissioned by November 2023. In line with the vision of Atmanirbhar Bharat, the project has been awarded to…
A Memorandum of Understanding (MoU) was exchanged between NSDC International (NSDCI) and the Indian unit of DP World, Hindustan Ports Private Limited to developa Skill India International Centre at Varanasi and to skill Indian youth for pursuing overseas employment opportunities in logistics, port operations and allied areas. Skill India International Centre at Varanasi will impart skilling as per international standards, preparing the candidates for global markets. The MoU was exchanged between Shri Ved Mani Tiwari, Director, NSDC International and Mohammed Al Muallem, Executive Vice President, DP World and Director, HPPL in the presence of Shri Dharmendra Pradhan, Union Minister of…
Union Minister for Road Transport and Highways Shri Nitin Gadkari has said ambitious targets to fulfil the ambitions of New India under the leadership of Prime Minister Shri Narendra Modi we are committed to expanding the National Highways(NHs) network across the country with the aim of constructing 18,000 km of NHs in 2022-23 at a record speed of 50km per day. In a tweet he said overall target is to develop 2 lakh Kms of National Highway Network by 2025. The Minister emphasized constructing World Class Road Infrastructure in time Bound & target Oriented Way is essential as Road Infrastucture is…
(PTI) The minimum temperature in the national capital on Monday settled at 27.4 degrees Celsius, three notches above the season’s average. The weather office has forecast partly cloudy skies for the day with the possibility of dust and thunderstorm accompanied with gusty winds. The maximum temperature is expected to touch 39 degrees Celsius, the India Meteorological Department said. The relative humidity recorded at 8:30 am was 61 per cent. On Sunday, the maximum temperature in Delhi settled at 40.5 degrees Celsius, two notches above the season’s average. Heatwave conditions are expected to continue over Delhi and adjacent regions for the next…