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Scientists Discover Oil-Eating Bacteria at the Bottom of the Ocean
Scientists from Ocean University in Qingdao, China and the University of East Anglia in Norwich, England have discovered a bacteria that eats oil. Oil-Eating Bacteria The oil eating bacteria was discovered in the western Pacific Ocean’s 10,994-meter-deep Mariana Trench. The team ..
Month: Current Affairs - April, 2019
India cuts import tax on crude palm oil sourced from ASEAN nations from 44% to 40%
India has slashed import taxes on crude and refined palm oil sourced from Southeast Asian (ASEAN) countries after a request from suppliers. According to the official notification, the duty on crude palm oil was lowered to 40% from 44%, while ..
Government forms Rajiv Kumar Committee to look at selling of OIL, ONGC fields to private companies
Union Government has constituted six-member committee to look at selling as many as 149 small and marginal oil and gas fields of state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) to private and foreign companies to ..
Month: Current Affairs - December, 2018
CCEA approves survey project of Un-appraised Areas of Sedimentary Basins
The Cabinet Committee on Economic Affairs (CCEA) has approved survey project to acquire 48,243 Line Kilometer (LKM) 2D seismic data for appraisal of Indian sedimentary basins where limited data is available. Sedimentary basin is a low area in the Earth’s ..
Month: Current Affairs - September, 2017
National Seismic Programme launched in Odisha
The Union Government has launched National Seismic Programme (NSP) to trace hydrocarbon resources like oil and natural gas in Mahanadi basin. It was launched by Union Minister of State (MoS) for Petroleum and Natural Gas at Taranga village under Soro ..
Month: Current Affairs - October, 2016
Union Cabinet approves MFP for Development of Hydrocarbon discoveries
Union Cabinet has approved Marginal Fields Policy (MFP) to aunction small and marginal unexploited hydrocarbon discoveries by state owned oil companies. Decision in this regard was taken by Union Cabinet Meeting chaired by Prime Minister Narendra Modi in New Delhi. Key ..