The MoU between the TERI and Petroleum Federation of India was signed in the presence of Dharmendra Pradhan, Minister of State, Petroleum and Natural Gas.
The Petroleum Federation of India or PetroFed is the apex society of entities in the hydrocarbon sector. Its aim is to recognise and facilitate individuals and organisations that have excelled in various domains in the sector, PetroFed organised the Annual PetroFed Oil and Gas Industry Awards.
Crux Creative Solutions Pvt. Ltd., a security research based organization successfully hosted one of the most focused Cyber Security ...
With international oil prices slumping to 12-year low, it is being said that the government may, in the Budget next week, look at re-imposing 5 percent customs duty on crude oil imports to shore up its revenue by around Rs 18,000 crore.
The producers want the government to levy ad-valorem rate of cess which will result in higher payouts when prices are high and lower payout when rates fall. Currently, ONGC and OIL pay a cess of Rs 4,500 per ton on crude oil they produce from fields given to them on nomination basis.
State-owned Indian Oil Corp (IOC) on Wednesday walked away with top honours at the annual Petrofed Awards, bagging the Leading Oil & Gas Corporate of the Year award for the fourth time in eight years.