Vladimir Radyuhin

With the launch of a major oil pipeline from Eastern Siberia to the Pacific Ocean, Russia can now ship oil to not only its traditional customers in Europe but also the ever-growing energy markets in Asia.

Cairn Energy

Sanjay Jog / Mumbai January 05, 2010, 0:57 IST

The central government, which has stepped up efforts for the blending of ethanol in a 5 per cent proportion with petrol, has threatened to blacklist ethanol manufacturers if they fail to supply the commodity to oil marketing companies (OMCs).

SMIT Singapore Private Limited (SSPL), the Singapore based salvage company, has commenced its salvage operations for the removal of oil from the sunken vessel M V Asian Forest, after five months and 10 days, on Tuesday.

MANOJ ANAND

The powerful Alltudents Union has Assam Students Union has threatened to launch 96hour oil blockade to oppose the proposed selloff of Assam's oil field to private firms by Oil and Natural Gas Corporation (ONGC).

Ajay Modi / New Delhi November 23, 2009, 0:57 IST

But, sugar firms want Rs 28 a litre.

Following the recent decision of the Union Cabinet to continue with the mandatory 5 per cent ethanol blending with petrol, oil marketing companies (OMCs) have agreed to increase the price of ethanol from Rs 21.50 to Rs 26 a litre for a year.

Sujay Mehdudia

NEW DELHI: The Union Cabinet has directed the Petroleum and Natural Gas Ministry to make it mandatory for all oil marketing companies to sell petrol mixed with 5 per cent of ethanol.

The government today asked the petroleum ministry to ensure that oil companies compulsorily sold petrol mixed with 5 per cent ethanol.

The government had in November 2006 mandated that ethanol should be blended in a 5 per cent proportion with petrol to be sold throughout India, except in areas like North-Eastern states and Jammu and Kashmir.