(ET) Saudi Aramco has offered Indian Oil Corp Arab Heavy crude oil instead of Arab Light following an attack on its oil facilities over the weekend, an industry source told. IOC will receive full allocated volumes from Saudi Aramco in September and October, the source said, declining to be named as he was not authorised to speak with the media. However Aramco has said they would give some volumes of Arab heavy instead of Arab mix oil, the source added. This indicates that Saudi is offering heavy grade instead of light as Arab Mix is a combination of Arab light and heavy.
Author: Aruna Sharma
(PTI) The State Bank of India (SBI) on Monday said the operations of the bank could be affected if the two-day strike call given by officers’ unions materialises. Four unions of officers of public sector banks have threatened to go on a two-day strike from 26 September to protest against the announced consolidation of 10 state-run lenders into four.”While bank has made all arrangements to ensure normal functioning in its branches and offices, it is likely that work in our bank may be impacted to some extent by the strike,” SBI said in a regulatory filing. The bank has been advised…
(ET) Union Power and New and Renewable Energy Minister R K Singh will visit Kashmir tomorrow to review different development projects in the power sector in Jammu and Kashmir. After the abrogation of Article 370, this will be the first visit of R K Singh to Kashmir.Singh said that NHPC will provide jobs to 150 local skilled people. Powergrid Corporation is going for campus selection from different technical institution in Valley. Powergrid Corporation also takes up school smart learning programme. “From this year, people in Kashmir will not face a power crisis in the winter season. The ministry is working towards providing 24×7 power supply to the Valley. Secretary of…
(PTI) State-owned hydro power giant NHPC on Tuesday said its board has approved a proposal to raise up to Rs 2,500 crore through bonds, loans or external commercial borrowings (ECBs). NHPC’s board in its meeting on Tuesday approved the proposal to raise debt up to Rs 2,500 crore in 2019-20 through secured, redeemable, taxable, non-cumulative non-convertible taxable corporate bonds in one or more series or tranches on private placement basis and/or raising of term loans or inter-corporate loans or ECBs, according to a BSE filing by the company. The board also decided that out of Rs 2,500 crore, debt up to Rs 2,000 crore be…
(AU) उत्तराखंड सरकार ने आज होने वाली मंत्रिमंडल की बैठक स्थगित कर दी है। बैठक स्थगित करने की वजह सरकार ने साफ नहीं की है, लेकिन माना जा रहा है कि पंचायत चुनाव को लेकर आचार संहिता लागू होने से बैठक का टाला गया है। प्रस्तावित कैबिनेट में कुछ लोक लुभावन फैसलों के प्रस्ताव थे, जिसके चलते बैठक टल गई है। मंत्रिमंडल की बैठक में सरकार अहम प्रस्तावों पर मुहर लगनी थी। जल नीति, भू सर्किल रेट, मुख्यमंत्री राहत कोष में संशोधन जैसे कुछ मामलों के अलावा रिक्त पदों पर भर्ती और कुछ विभागीय सेवा नियमावलियों में संशोधन के प्रस्ताव भी मंत्रिमंडल के…
(ET) India’s strategic petroleum reserves stand at 55% of available underground storage capacity of 5.33 million tonnes, a top government official told Reuters on Monday. He did not wish to be identified as he was not officially authorised to speak on the subject.India has three strategic reserves in the southern cities of Vizag, Mangalore and Padur.”Vizag is currently filled up to 100%,” the official said, and added that Mangalore and Padur are currently around 55% and 25% respectively. Saudi Arabia has assured Indian refiners of continued supply, the Indian government said after an attack on Saudi Arabia’s crude oil facilities over the weekend.
(AU) मुख्यमंत्री योगी आदित्यनाथ का स्पष्ट कहना है कि देश में आर्थिक मंदी नहीं, आर्थिक सुस्ती है। यह वैश्विक है। इस सुस्ती का यूपी पर ज्यादा प्रभाव नहीं पड़ेगा। डिफेंस कॉरिडोर में अगले छह माह में प्रदेश में 25 हजार करोड़ का निवेश होगा और दो लाख लोगों को रोजगार मिलेगा। अपनी सरकार का ढाई साल का कार्यकाल पूरा होने पर मंगलवार को ‘अमर उजाला’ से विशेष बातचीत में मुख्यमंत्री ने कहा कि मौजूदा रफ्तार से और तेजी से चले तो वर्ष 2024 तक प्रदेश वन ट्रिलियन डॉलर (10 खरब डॉलर) की अर्थव्यवस्था बना सकता है। योगी ने कहा कि देश…
(Hindustan) सीएम योगी आदित्यनाथ और केंद्रीय पेट्रोलियम मंत्री धर्मेंद्र प्रधान बुधवार को गोरखपुर को कई सौगातें देंगे। दोनों नेता धुरियापार में 1200 करोड़ की लागत से बनने वाले प्रदेश के पहले बायो फ्यूल कॉम्प्लेक्स की नींव रखेंगे। इसके बाद गीडा में 204 करोड़ की लागत से स्थापित इंडेन के गैस बॉटलिंग प्लांट और बैतालपुर स्थित बीपीसी के बॉटलिंग प्लांट की क्षमता विस्तार का लोकार्पण करेंगे। इसके अलावा 43 करोड़ से बनी 11 सड़कों का भी लोकार्पण होगा। धुरियापार में शिलान्यास समारोह दिन में 3 बजे से शुरू होगा। चीनी मिल परिसर में 50 एकड़ में बनने वाले इंडियन ऑयल बायो…
(ET) Oil and Natural Gas Corporation (ONGC), the country’s largest petroleum explorer, is planning to invest Rs 4,254 crore to drill 656 wells in 52 Petroleum Mining Lease (PML) in the company’s Ahmedabad asset in Gujarat. “656 wells are planned to be drilled in various fields of Ahmedabad Asset from 2019-20 to 2025-26. The incremental Oil gain from the drilling of these development wells is 3.81 Million Tonne and incremental gas gain is 329.75 Million Standard Cubic Meter (MMSCM),” the company said in an application to the environment ministry. The asset is among the major onshore projects for ONGC and is spread over…
(PTI) Prime Minister Narendra Modi is likely to visit Gujarat on October 2, on the occasion of the 150 birth anniversary of Mahatma Gandhi, to take part in a mega gathering of village headmen at the Sabarmati Riverfront, officials said here. They said PM Modi, before leaving for Delhi in the evening, had a detailed discussion with Gujarat chief minister Vijay Rupani and other senior officials at Raj Bhavan on Gandhi Jayanti celebrations in the state. They said the PM would take part in morning prayer at Sabarmati Ashram in Ahmedabad on October 2 and then address the sarpanch gathering. Headmen from villages across…