By Debasish MishraGiven the onset of the COVID-19 pandemic, the past 12 months have been quite challenging for the oil and gas industry. Global crude demand dropped by about 30 percent and oil prices had a free fall. The Indian oil and gas industry responded commendably and operated safely during this period. Oil fields continued operation, refineries managed huge demand fluctuations (without shutting down even for a day), and fuel retailing (including LPG supplies to more than 250 million households) continued uninterrupted. Normalcy is gradually returning with demand reaching the pre-pandemic levels in many product categories and crude prices are back in the US$50/barrel plus range. The sector not only survived the crisis but also supported public finances of both the centre and state governments in terms of increased contribution of excise duty and Value Added Tax (VAT).However, the current crisis will have a lasting impact on the industry. This is because changes in operating … [Read more...] about OPINION: Budget 2021-22 – Expectations from the Oil & Gas sector
Transit engine oil
Pay by Feb 16 or lose Bihar-based employee: ULFA (I) to oil firm
Paresh Baruah, the outfit’s military chief, had reportedly asked the New Delhi-based Quippo Oil and Gas Infrastructure Limited to pay ₹20 crore for Mr. Kumar’s release. The extremist leader said the money demanded was not ransom but compensation for the exploitation of Assam’s natural resources. … [Read more...] about Pay by Feb 16 or lose Bihar-based employee: ULFA (I) to oil firm
Try these almond oils for glowing skin and shiny hair
Aside from advancing weight reduction and aiding in securing heart illnesses, almond oil is useful in improving hair and skin also. One of the significant givers of Vitamin E, Almond oil is known to shield the skin from skin malignant growth and photoaging. It relaxes and reconditions your skin and gives it a graceful touch. So, let’s take a look at the list of various brands of almond oils, prevailing in the market that is a boon for your skin and hair. Hamdard Roghan Badam Shirin Rogan Badam is a profound oil that makes skin delicate, supple and furthermore supports your hair. Rogan badam is a rich wellspring of Vitamin E, unsaturated fats, protein, potassium, and zinc, and heaps of different nutrients and minerals. This is the reason why Rogan badam is viewed as so useful for our heart, skin, and hair. … [Read more...] about Try these almond oils for glowing skin and shiny hair
Apple’s hardware engineering chief to step down to focus on new project
Riccio will report to Chief Executive Officer Tim Cook, Apple said in a statement. He will be replaced by company veteran John Ternus, who will join the executive team as senior vice president of hardware engineering. … [Read more...] about Apple’s hardware engineering chief to step down to focus on new project
Skyroot Aerospace becomes first Indian company to test-fire solid-fueled rocket engine
Solid motors or solid-fueled engines are high thrust, low-cost rocket engines with propellant in solid form. They are highly reliable as they have very few moving parts. The Engine Testing was done at a private test facility on December 22 in Nagpur owned by Solar Industries, which is India's largest explosives manufacturer and a leading Space and Defence contractor (also partner and investor in Skyroot). … [Read more...] about Skyroot Aerospace becomes first Indian company to test-fire solid-fueled rocket engine