Page-4 of Energy Sector
India gets first-ever U.S. crude shipment
India received first ever shipment of US crude oil of 1.6 million barrels, purchased by state-run Indian Oil Corporation (IOC) at Paradip Port in Odisha. It was imported on board of MT New Prosperity, a very large crude carrier (VLCC) ..
Month: Current Affairs - October, 2017
India becomes associate member of IEA
India, world’s 3rd largest energy consumer has joined International Energy Association (IAE) as associate member. India will also now have a greater say in global energy issues. With India as a associate member, IEA now formally covers 70% of the ..
Month: Current Affairs - April, 2017
India ranks 87th on Energy Architecture Performance Index: WEF
India ranked 87th among the surveyed 127 countries on a Global Energy Architecture Performance Index (EAPI) released as part of report of Geneva- based World Economic Forum (WEF). EAPI is a composite index developed by WEF in collaboration with Accenture ..
Month: Current Affairs - March, 2017
India, Vietnam sign Civil Nuclear deal, three other agreements
India and Vietnam have signed a civil nuclear cooperation agreement. With this, Vietnam became 14th country with which India has signed the civil nuclear deal. The MoU in Peaceful Uses of Atomic Energy was signed by Sekhar Basu, Secretary of ..
Month: Current Affairs - December, 2016
PM Narendra Modi to inaugurate PETROTECH 2016
Prime Minister Narendra Modi will inaugurate the 12th edition of International Oil and Gas Conference and Exhibition “Petrotech-2016” in New Delhi on 5 December 2016. The 2016 theme is “Hydrocarbons to fuel the future – Choices and Challenges”. 6000 delegates ..
Month: Current Affairs - November, 2016
India, Venezuela sign deals to increase oil production
India and Venezuela have signed an oil production deals worth about 1.45 billion US dollar to increase oil production. The agreement was signed between Oil and Natural Gas Corporation (ONGC), Venezeulas Petroleos de Venezuela SA (PDVSA), and Venezuela’s consortium Delta ..
Month: Current Affairs - November, 2016
NHPC commissions 50 mw Wind project in Rajasthan
India’s largest hydropower generation company National Hydroelectric Power Corporation (NHPC) has commissioned its 50 MW wind power project (WPP) in Jaisalmer, Rajasthan. The project has achieved synchronization with the national grid in October, 2016. NHPC has signed a power purchase ..
Month: Current Affairs - November, 2016
PM Narendra Modi launches Urja Ganga in Varanasi
Prime Minister Narendra Modi has laid the foundation stone of Urja Ganga, the highly ambitious gas pipeline project in Varanasi, Uttar Pradesh. The gas pipeline project aims to provide piped cooking (PNG) gas to residents of the eastern region of ..
Month: Current Affairs - October, 2016
Rosneft-led consortium buys India’s Essar Oil for $13 billion
Russian consortium led energy giant Rosneft Oil Company has agreed to acquire India’s second biggest private oil firm Essar Oil in an all-cash deal valued at about US $13 billion. The consortium includes Rosneft Oil Company, Netherlands-based commodities trader Trafigura ..
Month: Current Affairs - October, 2016
India, Russia sign 16 agreements across diverse sectors
India and Russia have signed 16 agreements across diverse sectors including in defence, infrastructure, energy, space, ship building sectors etc. They were signed following delegation-level talks co-chaired by Prime Minister Narendra Modi and Russian President Vladimir Putin during the 17th ..