Hydrocarbonman

Assam has abundant mineral resources coal, petroleum, limestone and natural gas are the principal mineral resources. It is also the largest producer of crude oil in India. Other minor minerals include magnetic quartzite, silimanites, iron, ore clay and fredspar etc. Oil India Limited (OIL) is the second largest hydrocarbon exploration and production Indian public sector company with its operational headquaters in Duliajan, Assam. India under the adminstrative control of the Ministry of Petroleum and Natural Gas. Assam is a major producer of crude oil and natural gas in India. It was the second place in the world where petroleum was discovered. Asia's first sucessful mechanically drilled oil well was Makum (Assam) way back in 1867. The second oldest oil well in the world still produces crude oil. One of the biggest public sector oil companies in the country. Assam has four oil refineries located at Guwahati, Digboi, Numaligarh, and Bongaigoan with total capacity of 7 MMTPA (...

Germ Fightining Essentials are now more important than ever - and they are oil products In Early 2020, as the outbreak of the novel coronavirus, SARS-CoV-2, spread, hand sanitizers sales began to grow. By  March 11,  the World Health Organization (WHO) officially upgraded to outbreak to a global pandemic. Health agencies everywhere recommended that people refrain from touching public surfaces like door handles and handrails  We already know how hand sanitizer are vital to helping us to stay healthy. But you are aware of the helping hand these products get from petroleum. Not the Belittle the serious nature of the COVID-19 virus and its effect on work, life, social situations and more  but the point is use Soap and Sanitizer. The petroleum derivatives in soap are vital to enabling soap to pull dirt and germs from our skin. This is absolutely critical during cold and flu season and even more so during widespread viral infections such as we are experiencing right now wi...

Finance Minister Nirmala Sitharaman presented India's first paperless, 'unprecedented' budget, committed to driving the economy to higher heights after a tumultuous year.   On Monday, Union Finance Minister Nirmala Sitharaman announced what may have been one of the most expected budgets in Indian history. This is India's first paperless budget, and Sitharaman's third budget. The Finance Minister began by thanking the frontline staff, who continued to represent the country in these tough times, and declared that Budget 2021 had been prepared in "unprecedented times" She said, "Only three times, the Budget has followed a contraction in Indian economy. This time, it's because of a global pandemic like in other countries. I want to confidently state that the government is fully prepared to support and facilitate the economic reset." The FM said the Union Budget 2021-2022 proposals are based on six key pillars — - Health and wellbeing  - P...

Ahead of India's first ever paperless, 'unprecendent' Budget 2021, India Inc and startups are hoping Finance Minister Nirmala Sitharaman for Economic recovery and resurgence.  Today Union Finance Minister Nirmala Sitharaman will present India's first paperless budget, which she shared will be a 'unprecedented' ones budget 2021 will be one of the most important ones of modern Indian history as the country attempts to recover from the effects of COVID-19 pandemic. India Inc and Indian startups are hoping for bold reforms across sectors of the Narendra Modi government to pave the way for economic recovery. The Indian economic, badly affected by coronavirus crisis, slipped into recession last year. For the first time the government has been tasked with boosting the economy when demand for goods and services remains sluggish and tax collection remains a challenge in the midst of a host of other hurdles. Although Finance Minister has vowed to create a "stronge...