Royal Dutch Shell
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New law to protect foreign investors to exclude tax demands; move to upgrade investment climate: Report
•The bill also attempts to upgrade the investment climate and boost foreign investment by setting up new adjudicating authorities to swiftly resolve disputes.
Reliance Industries, Royal Dutch Shell to return Panna-Mukta oil and gas fields to ONGC
•After operating Panna-Mukta oil and gas fields for 25 years, Royal Dutch Shell and Reliance Industries will revert the western offshore fields back to state-owned Oil and Natural Gas Corp (ONGC), the companies said in a statement
Reliance Industries, BP sign pact to set up petrol pumps under Jio-BP brand; joint venture likely to be formed by mid of 2020
•BP had in 2011 bought 30 percent stake in 21 oil and gas exploration and production blocks of Reliance for $7.2 billion.
New fuel retail policy: Licensees have to set up minimum 100 petrol pumps, 5% of it in remote areas
•India's new liberalised petrol pump norms require licensees to set up a minimum of 100 outlets with at least 5 percent of them in remote areas
Govt opens up fuel retailing; allows non-oil companies to set up petrol pumps to increase competition
•The government on Wednesday opened up fuel retailing norms, allowing non-oil companies to set up petrol pumps to increase competition
Expert panel seeks public comments on easing norms for setting up petrol pumps
•The Oil Ministry had last month set up a five-member expert committee to recommend easing of fuel retailing licensing rules.
National road safety week: Navigating the streets hassle-free is a basic right; we have to walk the talk
Nitinprasad •Roughly 80 percent of all fatal accidents stem from human behaviour, according to figures available with the Ministry of Road Transport and Highways.
GAIL to import only half of US liquefied natural gas into India
•New York City sues five largest oil companies, including Chevron, Exxon Mobil, for contributing to climate change
Ians •New York City on Wednesday announced that it has filed a lawsuit against the five largest oil companies for contributing to global warming.
Coffee today, traffic tomorrow: London's buses to be powered by ground coffee waste to reduce emissions
•London's caffeine habit could soon provide an eco-friendly energy kick to its buses, including its iconic red double decker.