Shine Jacob

All stories by Shine Jacob

Experts from US to join efforts to control Assam oil well fire

Experts from US to join efforts to control Assam oil well fire

Rediff.com14 Jun 2020

Singapore-based Alert Disaster Control, one of the largest disaster management companies in the oil and gas sector, has already joined the team of experts from ONGC and OIL, reports Shine Jacob.

The flip side of oil companies' digital drive

The flip side of oil companies' digital drive

Rediff.com4 Jun 2020

OMCs' Digital India move is likely to have an impact on more than 80.3 million Pradhan Mantri Ujjwala Yojana consumers, majority of whom are not exposed to digital transact.

Free LPG: Another 'failed' govt scheme?

Free LPG: Another 'failed' govt scheme?

Rediff.com1 Jun 2020

The scheme for three free refills is currently valid from April to June 30, 2020, with a condition that one refill can be taken in a month. The average annual consumption by PMUY customers is approximately one cylinder in four months. That means most of them would consume only one cylinder during the validity period of the scheme. government should consider extending the validity period of the scheme up to March 2021 to make maximum use of the relief package.

Railways likely to freeze hiring, cut allowances

Railways likely to freeze hiring, cut allowances

Rediff.com26 May 2020

Railway traffic has dropped 32 per cent to 99.86 mt between April 1 and May 14, compared to the same time last year, while its revenue, too, dipped 41 per cent to Rs 9,094.38 crore.

Low demand pulls down India's April oil refinery output by 29%

Low demand pulls down India's April oil refinery output by 29%

Rediff.com24 May 2020

According to industry experts, the consumption of petroleum products in the month of April was only 30-40 per cent of what it had been prior to the lockdown. Due to this, refineries were forced to bring down their capacity too.

Mix of relief and fear as rail services start

Mix of relief and fear as rail services start

Rediff.com13 May 2020

For many the resumption of trains is a big boon, but some say it doesn't come without confusion and worries

India's first Covid-19 patient speaks up!

India's first Covid-19 patient speaks up!

Rediff.com28 Apr 2020

The survivor from Thrissur, who returned from Wuhan -- the epicentre of the pandemic -- recounts her road to recovery and her future plans. Shine Jacob reports

ONGC seeks new petroleum exploration licence

ONGC seeks new petroleum exploration licence

Rediff.com4 Mar 2020

RIL and Shell ceased production from the fields in 2016, and ONGC has already been using Tapti infrastructure for its other fields for better optimisation.

Spike in oil prices a temporary phase

Spike in oil prices a temporary phase

Rediff.com12 Jan 2020

Oil prices jumped nearly $3 a barrel and gold and safe-haven bonds rallied on Friday after the killing of top Iranian commander Qassem Soleimani in an airstrike by the US in Baghdad.

Will the West Coast refinery take off?

Will the West Coast refinery take off?

Rediff.com9 Jan 2020

BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.

Will Indian Railways be privatised?

Will Indian Railways be privatised?

Rediff.com31 Dec 2019

Railways to hive off all production units and workshops into new govt-owned company; may invite bids from private players to run passenger trains in next 15 days, with ownership vesting with the government.

Govt to break 150-yr tradition, gives nod to Railway board restructuring

Govt to break 150-yr tradition, gives nod to Railway board restructuring

Rediff.com25 Dec 2019

The new board will have a leaner structure on functional lines headed by the chairman and four members - covering infrastructure, operations and business development, rolling stock, and finance.

Railways in talks with Reliance Jio on tower use

Railways in talks with Reliance Jio on tower use

Rediff.com23 Dec 2019

Indian Railways is in talks with Reliance Jio Infocomm to allow the Mukesh Ambani-led telecom major's use of its towers. The aim is seamless mobile and internet connectivity for passengers along the 67,368-km of tracks. The Railway Board has entrusted its RailTel Corporation arm to work on the modalities with Jio. The Jio tie-up is expected to bring down its telecom bill by at least 35 per cent from this financial year.

Subsidy on kerosene likely to go by FY21

Subsidy on kerosene likely to go by FY21

Rediff.com15 Oct 2019

A major reason for the decline in the consumption of kerosene was an increase in the number of LPG consumers in rural India after the government launched the Pradhan Mantri Ujjwala Yojana. in 2016.

How Saudi terror attack has hit Indian kitchens

How Saudi terror attack has hit Indian kitchens

Rediff.com4 Oct 2019

A shortfall in LPG supply from Aramco has led to huge booking backlog across states. To meet the backlog, India has asked Abu Dhabi National Oil Company for two additional cargos of LPG, but that may take another 10 days to reach.

Is India's LNG deal with US a risky affair?

Is India's LNG deal with US a risky affair?

Rediff.com3 Oct 2019

Majority of PLL's long-term deals are linked to crude, which faces price challenge from other fuels. Spot LNG is moving away from this linkage, which puts a question mark on crude linked contracts.

Saudi oil crisis: Logistics cost a concern as India looks to Russia, US

Saudi oil crisis: Logistics cost a concern as India looks to Russia, US

Rediff.com20 Sep 2019

On Tuesday, Petroleum Minister Dharmendra Pradhan met Russian oil giant Rosneft's chief executive officer Igor Sechin and discussed raising crude imports from that country, in addition to talks about going for more acquisitions.

Robots can make Raebareli rail unit world's largest coach factory

Robots can make Raebareli rail unit world's largest coach factory

Rediff.com19 Sep 2019

Robots are now being used increasingly in the integrated-shell assembly line and robotic bogie-fabrication line. The unit may soon see its phase-II expansion, which will increase its capacity to 2,000 coaches.

Railways mulls private-run trains in the Delhi-Mumbai and Delhi-Howrah stretches

Railways mulls private-run trains in the Delhi-Mumbai and Delhi-Howrah stretches

Rediff.com10 Sep 2019

On these routes, the train speed would also be increased to above 160 kmph over the next four or five years by revamping the entire signaling, tracks and fencing.

Now, Indian Railway is going the EV way

Now, Indian Railway is going the EV way

Rediff.com3 Sep 2019

Railways is testing waters for locomotives to run on lithium-ion batteries, the most common ones used in electric vehicles.

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