Search Result for : Ministry Of Petroleum And Natural Gas

H-Energy gets nod to lay a 635 km gas pipeline

The Dollar Business Bureau  H-Energy Pvt Ltd (HEPL), the energy arm of Hiranandani Group, has been provided the rights by the Petroleum and Natural Gas Regulatory Board (PNGRB) for laying gas pipeline of 635 km between Jaigarh in Maharashtra and Mangalore in Karnataka.  The pipeline will link Jaigarh in Maharashtra’s Ratnagiri district, Panjim in Goa, Karwar in Uttara Kannada district and Udupi district in Karnataka before ending at Mangalore. “The entity is allowed a maximum period of 36 months from the date of issue of the authorisation letter for commissioning of the natural gas pipeline project,” the petroleum regulator said in an order.  The capacity of the pipeline is to carry 17 million metric standard cubic meters per day (mmscmd) of natural ...

Iran ends free shipping of crude oil to India

The Dollar Business Bureau Oil Minister Dharmendra Pradhan on Wednesday said Iran has stopped free shipping of crude oil to India and asked refiners, including Mangalore Refineries Pvt. Ltd. (MRPL) and Essar Oil, to arrange for freight. "From April 2016, the National Iranian Oil Company (NIOC), has informed oil-importing companies like MRPL and Essar Oil that the future delivery would be based on Free on Board (FOB) basis and freight has to be arranged by the buyer," Pradhan said in a written reply to the Rajya Sabha on Wednesday. In November last year, Iran had offered free crude oil delivery to the Indian refiners as tough Western sanctions had crippled its exports. Iran had been selling Indian refiners crude oil on cost, insurance, and ...

Sustainable bio-energy solutions can boost economy: Railway Minister

The Dollar Business Bureau The Union Minister for Railways Suresh Prabhakar Prabhu addressing the inauguration session of the Bio-Energy Summit 2015’, in New Delhi on November 17, 2015. The Minister of State for Petroleum and Natural Gas Dharmendra Pradhan is also seen.   Bio-energy solutions can be a huge boost to the Indian economy, given they are produced in an economically and sustainable manner, Railway Minister Suresh Prabhu said, as he pitched for an alternative growth and development model for the Indian Railways. Speaking at the ‘Bio-Energy Summit’, organised by the Confederation of Indian Industry (CII), Prabhu stressed that the Indian Railways have already taken several steps to reduce its carbon footprints and are aggressively moving towards using renewable energy resources in ...