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Indian fuel retailers plan price increase to offset oil's rally deccanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanherald.com Daily Mail and Mail on Sunday newspapers.
Reliance Industries, which gets 60 per cent of its revenue from oil refining and petrochemicals, plans to spend 600 billion rupees on four “giga factories” to make solar modules, hydrogen, fuel cells and to build a battery grid to store electricity. ....
India's Reliance Industries plans $10 billion clean energy investment worldoil.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldoil.com Daily Mail and Mail on Sunday newspapers.
Government may raise foreign investment limit to aid BPCL sale indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
When India’s weather office sent out cyclone warnings on May 13 and most vessels moved to safety, one barge working on Oil and Natural Gas Corp.’s field off the Mumbai coast stayed put. That decision would prove fatal when Tauktae, a storm with the intensity of a category 3 hurricane, struck on the evening of May 16. It tore apart the Papaa 305’s anchors and slammed it into an offshore platform, taking down 261 people on board. Since May 17, 186 have been rescued, 70 bodies have been retrieved and five people remain missing. The storm left over 100 dead overall across several states. India’s oil ministry has ordered an investigation led by a group of senior government officials into the accident, and wants a report within a month. State-run ONGC, the country’s biggest explorer, and its billionaire-owned offshore engineering contractor are under growing pressure to explain their roles in one of the world’s worst offshore oilfield disasters in recent memory. ....