New Delhi, July 27 (IANS) The Ministry of Road Transport and Highways (MoRTH) has issued a draft notification proposing a major overhaul of the Pollution Under Control Certificate (PUCC) validity and renewal system. The proposed new rules significantly ease the compliance burden for newer, cleaner vehicles while tightening testing frequencies for older, more polluting vehicles. In the case of BS-VI private vehicles that are up to 6 years old, the PUCC validity has been extended from one year to …
Latest Hydrocarbons News & Updates
New Delhi, June 20 (IANS) Global oil majors are cutting back on low‑carbon investments and refocusing on conventional oil and gas investments due to energy security concerns from geopolitical conflicts, a report said on Saturday.The report from Equirus Securities said combined low‑carbon spending by seven global oil supermajors fell to the lowest level since 2019 at about $8.3 billion in 2025 from around $24 billion in 2024.Meanwhile, their investments in oil and gas projects have risen, mar…
New Delhi, June 11 (IANS) A tripartite agreement to facilitate exploration and extraction of hydrocarbons and other mineral resources along the Assam-Nagaland border was signed on Thursday in the presence of Union Home Minister Amit Shah, Union Petroleum and Natural Gas Minister Hardeep Singh Puri, Assam Chief Minister Himanta Biswa Sarma and Nagaland Chief Minister Neiphiu Rio. The agreement, signed under the guidance of Prime Minister Narendra Modi, is aimed at unlocking the energy potential o…
New Delhi, June 10 (IANS) India and the United States can deepen strategic energy ties across the hydrocarbon value chain to expand bilateral trade to a shared goal of $500 billion by 2030, a report said on Wednesday.The report from US-India Business Council and Grant Thornton Bharat said hydrocarbons, including LNG, crude oil, LPG, ethane and propane, will play a major role in expanded trade while unlocking new avenues for investment, strengthening energy security and enhancing supply chain res…
New Delhi, June 5 (IANS) State-owned Maharatna company Oil India Limited on Friday announced a fresh discovery of natural gas in its third exploratory well in the Andaman shallow offshore block, marking another significant indication of hydrocarbon presence in the region.The company said the Vijayapuram-3 (Loc. OAEB) well, drilled under the Offshore Andaman Block AN-OSHP-2018/1 as part of the Open Acreage Licensing Policy (OALP), is located around 15 kilometres off the east coast of the Andaman …
New Delhi, June 4 (IANS) India- Oman Comprehensive Economic Partnership Agreement (CEPA) carries strategic value beyond trade by offering mechanisms to mitigate risks tied to the Strait of Hormuz, a report has said.Oman’s unique geographic position, stretching from the Arabian Sea to areas adjacent to the Hormuz choke point, and its port and logistics infrastructure provide India with alternative maritime access points, the report from India Narrative said.”This also allows New Delhi to engage…
Guwahati, March 2 (IANS) Assam Chief Minister Himanta Biswa Sarma on Monday said the state has emerged as a fast-expanding industrial hub, moving far beyond its traditional identity as a tea-producing region. In a post on social media platform X, CM Sarma said that while Assam continues to be a major producer of tea, its industrial base has significantly diversified in recent years, spanning sectors ranging from semiconductors and hydrocarbons to manufacturing, hospitality and allied industries….
Davos, Jan 21 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday said the state’s participation at the World Economic Forum (WEF) Annual Meeting in Davos as part of “Team Bharat” reflects India’s evolving growth narrative, where every region is now positioned as a credible destination for global investment. Speaking to the media after concluding his engagements at Davos, Sarma said Assam’s presence at the global platform underlined India’s transition towards balanced and in…