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Indian Strategic Petroleum Reserves Ltd

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President's address to the Parliament

 Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

Cut off the gas, we cut off the water

 Now that the photo-ops, the platitudes and declarations of mutual love and respect have been reiterated, let us review where we stand after the two-day visit by Pakistan Prime Minister Shaukat Aziz......

India to award leases to top up strategic oil reserves amid Gulf tensions

 State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India’s strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil......

Oil reserves to be used for stabilising prices

 To check the volatility in the fortunes of public sector oil marketing companies, the government intends to use its upcoming strategic crude oil reserves to stabilise oil prices.With retail fuel......

Oil reserves work suffers set back

 Work on creating strategic crude oil reserves for the country has hit a roadblock with the Oil Industry Development Board refusing to offer a grant for the purpose, and is instead sanctioning a......

India's emergency oil stock storages face delay

 India's emergency oil stockpile storage is facing a year's delay because of geological surprises encountered in construction of underground caverns that will be used to cushion the country against......

Landholders delay Mangalore SEZ

 The Mangalore Special Economic Zone Limited (MSEZL) is facing stiff opposition from the landholders who are resisting acquisition of their lands. MSEZ Limited, a joint venture between the Oil and......

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