(PTI) Ethanol blending with petrol is likely to double to 8 per cent in the current season as a better price is being offered by oil marketing companies, Petroleum Minister Dharmendra Pradhan said Friday. The minister also assured additional soft loans to mills for expanding the ethanol capacity. Addressing the 84th annual general meeting of sugar industry body ISMA, he said the government has taken a number of steps in the last four years to bring a “paradigm shift” in the Rs 1 lakh crore sector. “Blending of ethanol with petrol has reached 4 per cent from 1-1.5 per cent in the last…
Author: Aruna Sharma
(LiveMint) Oil prices fell on Friday, pulled down by OPEC’s decision to delay a final decision on output cuts, awaiting support from non-OPEC heavyweight Russia. International Brent crude oil futures fell below $60 per barrel early in the session, trading at $59.50 per barrel at 0144 GMT, down 56 cents, or 0.9 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $51.24 per barrel, down 25 cents, or 0.5 percent. The declines came after crude slumped by almost 3 percent the previous day, with the Organisation of the Petroleum Exporting Countries (OPEC) ending a meeting at its headquarters…
(Hindustan) राजस्थान विधानसभा चुनाव (Rajasthan election 2018) के लिए राज्य की 200 सीटों में से 199 सीटों पर मतदान शुरू हो गया है। इसके लिए निर्वाचन विभाग ने सभी तैयारियां गुरुवार को ही पूरी कर ली थीं। राजस्थान में तकरीबन बीस लाख मतदाता ऐसे हैं जो पहली बार वोट डालने जा रहे हैं। राजस्थान विधानसभा चुनाव (Rajasthan Assembly Polls 2018) के लिए पिछले दिनों पीएम मोदी (PM Narendra Modi) से लेकर कांग्रेस अध्यक्ष राहुल गांधी (Rahul Gandhi) ने चुनावी प्रचार में हिस्सा लिया था। इसके अलावा राज्य के दोनों अहम दलों के दिग्गज नेताओं जैसे कांग्रेस से सचिन पायलट (Sachin Pilot), अशोक गहलोत…
(ET) Indian Oil Corporation(IOC), the country’s largest fuel retailer, today said it has invited entrepreneurs to set-up 27,000 petrol pumps pan India. “The country’s largest downstream oil major has issued an advertisement for setting up about 27,000 petrol pumps pan India. Interested entrepreneurs may see the detailed advertisement and brochure available on website, www.petrolpumpdealerchayan.in. For location-wise details up to district level, interested entrepreneurs may also visit Indian Oil’s website, www.iocl.com, and get state, city and district-wise details advertised by the company,” IOC said. The retailer added that the eligibility norms have been relaxed this time and availability of suitable land at the advertised location or…
(NDTV) The BJP has transformed Rajasthan from a ‘BIMARU’ state to a developed one and will now make it prosperous, party chief Amit Shah said in Jaipur today while predicting that his party would form a government in Rajasthan with “full majority”. Taking on the Congress at the press conference, he said that Rahul Gandhi’s party was involved in negative politics, promoting casteism and appeasement. The BJP, in contrast, focused on development and got a good response, Mr Shah told reporters on the last day of campaigning for the December 7 polls. While the Congress promoted dynastic politics, making members of one…
(AU) छह दिसंबर की पूर्व संध्या से ही अयोध्या सहित जुड़वा शहरों में निगरानी व सुरक्षा बढ़ा दी गई है। पुलिस व प्रशासनिक अधिकारियों ने रामनगरी का भ्रमण कर सुरक्षा व्यवस्था का जायजा लिया। अयोध्या में आने वाले वाहनों को चेकिंग के बाद ही नगरी में प्रवेश करने दिया जा रहा है। निगरानी के लिए जिले की सीमा पर भी अलग से टीम लगाई गई है। आवंछनीय तत्व अयोध्या में प्रवेश न कर सके इसके लिए सीमावर्ती जिलों से भी समन्वय बनाकर कार्य किया जा रहा है। बाहरी लोगों की निगरानी के लिए अयोध्या नगर ही नहीं बल्कि फैजाबाद शहर…
(ET) Venezuela’s state oil firm PDVSA has paid ONGC Videsh Ltd USD 32 million from crude oil it sold to Reliance Industries as the first step towards clearing nearly half a billion dollars of dues it owes to the state-owned firm. OVL Managing Director Narendra K Verma said Petroleos de Venezuela (PDVSA) had last month shipped a cargo of crude oil to Reliance Industries and the payment it realised from it has now been given to OVL. “We hope this is this beginning of clearing our past dues is sustained and the mechanism continues,” he said. Venezuela has not paid OVL, the…
(BS) Oil marketing major Indian Oil Corporation Ltd (IOCL) plans to start production from its polypropylene unit at Paradip by December end this year. “The 15 million tonne refinery is already producing diesel, petrol, kerosene etc. By December this year, production will start from the polypropylene unit. Keeping in mind the requirement , the capacity of the refinery will also be enhanced at Paradip”, Dharmendra Pradhan, Union minister of petroleum and natural gas told media persons on the sidelines of 19th National Conference on Corrosion Control. The conference is organized by IOCL with National Corrosion Council of India and CSIR- Central Electrochemical Research Institute. The unit is being set up at an…
(ET) The government has proposed that Power Finance Corp acquire REC in a Rs 14,000-crore deal, a surprising reversal of the previous plan of REC taking over PFC. The deal would require approval of the Cabinet, which may consider the proposal on Wednesday, sources familiar with the development said. The proposal, which is similar to Oil & Natural Gas Corp’s acquisition of Hindustan Petroleum Corp last fiscal year, is part of the government’s Rs 80,000-crore disinvestment target, of which it has been able to mobilise only Rs 32,247 crore so far in fiscal 2018-19. Until last week, the government was…
(DJ) राफेल सौदे को लेकर मोदी सरकार को घेर रही कांग्रेस की मुश्किलें बढ़ सकती हैं। इतालवी कंपनी फिनमैकेनिका की ब्रिटिश सहयोगी कंपनी अगस्ता वेस्टलैंड से वीवीआइपी हेलीकॉप्टर खरीद में हुए घोटाले के मुख्य आरोपित व वांछित ब्रिटिश नागरिक क्रिश्चियन मिशेल (57) को मंगलवार रात दुबई से दिल्ली लाया गया। इस पूरे ऑपरेशन को राष्ट्रीय सुरक्षा सलाहकार (एनएसए) अजीत डोभाल की निगरानी और सीबीआइ के कार्यवाहक निदेशक एम. नागेश्वर राव के समन्वय में अंजाम दिया गया। मिशेल को बुधवार को पटियाला हाउस कोर्ट में पेश कर सीबीआइ पूछताछ के लिए रिमांड पर लेगी। संप्रग शासनकाल में लगभग 3,600 करोड़ रुपये…