GAIL, IGL walk away with Reliance gas; bid at USD 11 per million BTU
Users have been asked to quote a premium they are willing to pay over and above 12.67% of the dated Brent crude oil price, according to a tender floated by the company.
Users have been asked to quote a premium they are willing to pay over and above 12.67% of the dated Brent crude oil price, according to a tender floated by the company.
Reliance Industries continues to retain the top slot for the third year in a row with a value of Rs 15.65 lakh crore and leads the No 2, which is TCS, by at least Rs 3 lakh crore, the report stated.
"Utilising agricultural residues like paddy straw for bioenergy production and soil enrichment instead of burning those offers a dual benefit as it provides renewable energy sources while enhancing soil health," said Indian Biogas Association Chairman Gaurav Kedia.
The move is in line with the objective of Aatmanirbhar Bharat, said Somesh Kumar, Partner & Leader- Power & Utilities, EY.
Volumes have so far declined by roughly 80% month-on-month to 33,400-58,000 barrels per day (bpd), Kpler, LSEG and Vortexa shiptracking data showed.
With Russian oil supplies to India still largely unaffected by the Houthi attacks on cargo vessels in the Red Sea, Reliance, one of the biggest buyers of Russian crude, is gaining from the widening diesel margins.
The cabinet has given its go-ahead to Rs 8,500 crore incentive scheme for coal gasification projects, the sources said.
Ambani's oil-to-telecom conglomerate gave all its employees a leave, organised special puja at over a dozen temples housed in premises across the country, and offered 360-degree virtual tour to the temple on JioTV.
"On track to commence new energy facilities in phases this year," the company said in a post-third-quarter earnings call with investors.
Primarily the oil-to-chemicals (O2C) business, the main milch cow, saw subdued earnings on accounts of a planned maintenance and inspection shutdown, lasting up to seven weeks of key units in the giant refining complex in Jamnagar, which cut the run rate.
Central to this growth trajectory is the development of the recently acquired SR-6 block in Chhattisgarh, alongside enhancing operations in its existing oil and gas blocks across Gujarat and Assam.