MCMINIS
How Oxygen Express turned life savers for India?
BUSINESS
Exclusive | BPCL privatisation may be further delayed over open offer to Petronet, IGL shareholders
SEBI norms require the winning bidder to make open offers to buy 26 percent stake in Petronet LNG and Indraprastha Gas, in which BPCL is a promoter. This can be avoided if BPCL sells its stake in these companies but that would take months.
MCMINIS
Why are fuel prices rising?
BUSINESS
After 500 deaths, LPG distributors ring alarm bells of a possible supply disruption during COVID
Delivery boys visit 65-75 lakh houses, accessing more than three crore people daily, which makes them vulnerable to infection; Federation asks for immediate vaccination
BUSINESS
ONGC mid-sea mishap: 86 dead; 188 rescued; tug boat Varaprada located
All missing 274 crew members now accounted for. On May 24 morning, Varaprada was located during an underwater search by INS Makar. Diving is in progress to locate trapped BNVs, if any, says a naval official.
BUSINESS
ONGC mid-sea mishap: Vessel Varaprada with 11 people still missing
As hopes begin to sink, it continues to out of range and was last reported on May 17 at around 9.24 am
BUSINESS
ONGC barge mishap: Death toll up to 51 as blame game intensifies
ONGC says around around 100 vessels were in the vicinity, and only five were hit. This shows the operations might have been at fault. Afcons International, a contractor, is putting the onus on barge owner Durmast and the master of the barge.
BUSINESS
ONGC mid-sea mishap: Who was at fault?
Experts say it might well have been an error in judgement on the part of the master of the vessel or the company in charge of the operations that might have claimed the lives of so many workers. Maharashtra minister Nawab Malik blames ONGC.
BUSINESS
Cyclone Tauktae | Death toll at ONGC accommodation barge rises to 37; 38 still missing
According to rescue workers, hopes are running out with each passing hour as it will be difficult for someone to sustain without food or water in mid-sea braving extreme weather conditions.
BUSINESS
Cyclone Tauktae | 20-25 feared dead after cyclone damage caused to ONGC accommodation barge “Papaa-305”
This comes even as 186 people of the total 261 on the barge were rescued so far. The Indian Navy, Coast Guard, ONGC and Afcons are still continuing with the search operations.
BUSINESS
Cyclone Tauktae: Carriers search hard for 75 missing ONGC workers
Ahead of the typhoon, the Coast Guard had warned ONGC and the Flag Officer, Offshore Defence Advisory Group (FODAG), to take appropriate safety measures
BUSINESS
Cyclone Tauktae: Search operations on for at least 78 ONGC workers
The whereabouts of at least over 50 people are still unknown.
BUSINESS
Cyclone Tauktae: Rescue operations still on at ONGC's Mumbai offshore facilities
In the wee hours of May 17, Cyclone Tauktae hit the Arabian Sea off the coast of Mumbai.
BUSINESS
Cairn Energy stands strong in the legal battle against India, say experts
Legal experts indicate that the positive options before the country is to go for an out-of-court settlement or to win the appeal filed against the order
INDIA
Kerala seeks more oxygen as demand surges; stormy weather may hit supply
Kerala wants more oxygen because COVID-19 cases are rising and supply may be hit by disruption in power supply and road transport under the influence of a cyclone that is developing over Lakshadweep and forecast to move towards Gujarat.
BUSINESS
India to launch third round of discovered small fields auctions on May 17
At least 32 contract areas will be on offer under DSF-III. This includes 22 offshore and 10 onshore fields, which may have reserves to the tune of around 250 million metric tonnes of oil equivalent
BUSINESS
COVID-19: Kerala model stands out, as states struggle to deal with mountains of rising Bio-medical waste
The state’s no-profit, no-loss template puts the Indian Medical Association directly in charge of Bio-medical waste management. The waste disposal unit or the CBWTF charges the cheapest rates from health centres, compared to the rest of India
BUSINESS
COVID-19 fallout: Rising bio-medical waste poses fresh challenge
The quantity of Bio-medical wastes generated per day in the country has almost doubled from 7.22 lakh kg before COVID to nearly 14 lakh kg now, according to the Indian Medical Association (IMA)
BUSINESS
Explained | Why India is short of oxygen tankers
Before the second wave of COVID-19, India had 1,200 cryogenic tankers. It now has 1,600 tankers and requires at least 300 more. The cost of one tanker will be around Rs 35-Rs 40 lakh, excluding the chassis cost.
BUSINESS
Oxygen-surplus Kerala in a spot as demand picks up
Though the situation is manageable now, with demand around 150 MTPD, and the state producing around 210 MTPD, govt estimates say that demand is likely to grow 10% every two weeks. One major challenge for the state is that it has no bulk sources like steel plants or major industries.
BUSINESS
Interview | Solving oxygen crisis: Distribution bottleneck primary challenge, says Moloy Banerjee, head-gases - Linde South Asia
Moloy Banerjee, head of gases - South Asia of Linde Plc, one of the largest industrial gas companies in the world and a major supplier of oxygen in India, believes that distribution remains the bigger challenge for producers across the country.
BUSINESS
COVID-19: Around 80 workers at ONGC’s offshore facility test positive; no impact on production
Sources say the company continues to produce 50,000 barrels per day from the platform. Of the affected, 28 are ONGC employees. The rest are contract workers. Only two out of the six rigs in Mumbai high are currently operational.
POLITICS
Despite Sabarimala temple issue, why BJP failed to win a single seat in Kerala
Political analysts also believe that the statements by the BJP leaders , that the party needs only 35 to 40 seats to form a government, hinting at backdoor political games, backfired
TRENDS
Pinarayi Vijayan: How Kerala's crisis manager won electoral hearts
His five years at power were marred by several controversies and scams; but the way he managed these crisis situations turned out to be the plus points for the incumbent chief minister in winning the hearts of the electorate.
