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Petrol and Diesel Should Come Under GST, says Dharmendra Pradhan

Date : Sep 18, 2018

Expressing concern over the continuous rise in fuel prices, Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Monday said that petrol and diesel should come under the ambit of Goods and Services Tax (GST).

 

"I want petrol and diesel to come under the ambit of GST. The GST Council should take a decision on this. State governments are more powerful than the Centre in the GST Council meeting," Pradhan said.

 

He further urged Odisha Chief Minister Naveen Patnaik to "reduce VAT on petrol and diesel like other state governments."

 

The mini...

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Total Electricity Production in Oman Registers 13.8% Growth

Date : Sep 01, 2015

Total production of electricity and water in Oman recorded a significant increase at the end of June 2015. The total electricity production increased to more than 15,290 GW, achieving growth of 13.8 percent, compared...

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Saudi Aramco: Fire at Oil Workers' Compound Kills 11

Date : Sep 01, 2015

A fire swept through an oil workers' residential compound in Saudi Arabia on Sunday, killing 11 people and injuring over 200 others of various nationalities, some critically, the Civil Defence agency...

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Oil Markets Sees Rise after Biggest One-day Rally in 6 years

Date : Sep 01, 2015

Crude oil futures rose on Friday, adding to their biggest one-day rally in over six years the day before, led by recovering equity markets and news of diminished crude supplies.

 

US crude are on track for...

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Iran Eyes JV with South Africa in GTL Sector

Date : Sep 01, 2015

Financial Deputy of Managing Director, National Petrochemical Co. (NPC) has indicated Iran's willingness to set up joint ventures with foreign countries including South Africa for developing gas to liquid (GTL) plants in...

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ONGC, Partners to Invest $24 Bn in Mozambique Gas Field

Date : Aug 31, 2015

Oil and Natural Gas Corporation (ONGC) and its partners will invest about $24 billion in producing natural gas from a giant field off Mozambique and converting it into liquid fuel (LNG) for export by ships to consumers like...

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Saudi Firms Racing to Meet Gas Stations Revamp Deadline

Date : Aug 31, 2015

Service companies in Saudi Arabia are racing to meet the January 19 deadline for the revamp of dilapidated gas stations, according to a report.

 

The Ministry of Municipal and Rural Affairs had handed out...

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Orpic’s Sohar Refinery Project Achieves Major Safety Milestone

Date : Aug 28, 2015

Oman Oil Refineries and Petroleum Industries Company (Orpic) announced that it has achieved 15 million man-hours without lost time injury on its Sohar Refinery Improvement Project, a report...

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OVL Seeks Exploration Licence Extension for Vietnam Oil Block

Date : Aug 28, 2015

ONGC Videsh Ltd (OVL), the overseas arm of state explorer Oil and Natural Gas Corporation (ONGC) today said it has received a one-year extension to explore in a Vietnam oil block in the contested waters of the South...

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Bharat Petroleum September Exports Highest in a Year

Date : Aug 28, 2015

India's Bharat Petroleum Corporation Ltd has sold two naphtha cargoes, bringing its total sales for next-month lifting to 140,000 tons, its highest monthly export volume since September 2014.

 

BPCL had...

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Yousuf Ali Plans to Pursue Solar Project in UAE

Date : Aug 28, 2015

Following the implementation of a solar power plant in India’s Cochin International Airport, M.A. Yousuf Ali, the airport’s director who is also the managing director at the Abu Dhabi-based Lulu...

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Adani Group, IOC, BPCL, Torrent Emerge as Big Winners of City Gas Licences

Date : Sep 18, 2018

The Petroleum and Natural Gas Regulatory Board (PNGRB) on Monday declared the final list of winners of city gas retailing licences that had billionaire Gautam Adani's group, state-owned Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Torrent Gas as the big winners. Adani Gas won rights to retail compressed natural gas (CNG) to automobiles and piped cooking gas to households and industries in 13 cities on its own and another nine, including Allahabad, in a joint venture with IOC, according to results of 84 cities that were bid out in the country's biggest city gas distribution (CGD) bid round.   According to the list of winners put ...

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NTPC Kudgi Project Becomes Fully Operational

Date : Sep 17, 2018

The third unit begins commercial production from today NTPC Kudgi’s 3rd unit of 800 MW commenced commercial production from Saturday. With this the NTPC Kudgi project has become fully operational with 2400...

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Empower Completes $16.3 Expansion at DIFC Cooling Plant

Date : Sep 14, 2018

Emirates Central Cooling Systems Corporation (Empower) has completed Dh60 million ($16.3 million) expansion at its district cooling plant in Dubai International Financial Centre (DIFC), according to the approved time plan in April...

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Bids for 9,000 MW Solar Power Projects Spiked, Government May Miss Target

Date : Sep 14, 2018

Solar power agencies of the central and state governments have scrapped bids for projects aggregating 9,000 MW capacity, which will lead to a flat growth in capacity addition next year and delay the goal of achieving 1 GW (giga watt)...

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ADFD Approves $33mn Loan for Sharjah Waste-to-Energy Project

Date : Sep 12, 2018

UAE-based Abu Dhabi Fund for Development (ADFD), a leading national entity for development aid, has approved a $33-million concessionary loan for the development of a waste-to-energy facility in the northern emirate of...

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EGA Marks Major Milestone in Al Taweelah Alumina Refinery Project

Date : Sep 12, 2018

Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, has received the first shipment of caustic soda for its under-construction Al Taweelah alumina refinery, marking a major...

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Suzlon Inks JV with CLP India for Two Solar Projects in Maharashtra

Date : Sep 12, 2018

Wind turbine maker Suzlon Tuesday announced a joint venture (JV) with CLP Power India Private Limited for two solar projects with of 50 megawatt (MW) and 20 megawatt (MW) in Dhule, Maharashtra.

 

"As per...

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NTPC Board Okays Rs 9,785 Cr Stage-III Expansion at Odisha’s Talcher Plant

Date : Sep 11, 2018

The NTPC board has given approval for an investment of Rs 9,785 crore for 1,320 MW stage-III expansion of its Talcher thermal power plant in Odisha.

 

The Talcher plant is situated in Angul district of Odisha....

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Production Restarted at Baiji Refinery

Date : Sep 11, 2018

Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] announced on Sunday the full rehabilitation of the Salahaddin-2 unit at Baiji oil refinery.

 

The refinery was shut down in 2014 due to the actions of the...

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Adnoc to Invest $45bn for Ruwais City Development

Date : Sep 11, 2018

The Abu Dhabi National Oil Company (Adnoc) will invest Dh165 billion ($45 billion) in development plans for Ruwais City, a 6.9-sq-km community near the Ruwais Industrial Complex, in Abu Dhabi’s Al Dhafra region, a report...

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