Context: Energy Sector Reforms is an important topic for UPSE PRELIMS and GS Paper3.
Petroleum
Crude petroleum occurs in sedimentary rocks of the tertiary period.
It consists of hydrocarbons of liquid and gaseous states varying in chemical composition, colour and specific gravity.
It is an essential source of energy for all internal combustion engines in automobiles, railways and aircraft.
Its numerous by-products are processed in petrochemical in
Kirit Parikh Gas Pricing Panel
The government recently appointed a Kirit Parikh committee to review the gas pricing formula.
The committee's major recommendations:
Maximum cost:
A fixed pricing band for gas from old fields, known as APM (Administrative Price Mechanism) gas, is required.
These fields produce two-thirds of the country's natural gas.
This would provide producers with a predictable pricing regime while also lowering CNG and piped cooking gas prices.
Pric
Extend FAME II Subsidy
The parliamentary standing committee on heavy industry brought attention to the fact that Phase 2 of the FAME programme to subsidise electric vehicles only met 51.96% of its goal.
In related events, the Union Ministry of Heavy Industries' Committee on Estimates (2022-23) for the examination of electric vehicle policy proposed an extension of the FAME II programme.
About
The Union Ministry of Heavy Industries' Committee on Estimates (2022-23) for
Indian Oil Corporation (IOC), India's largest refiner and fuel retailer, plans to commence commercial-scale production of Sustainable Aviation Fuel (SAF) at its Panipat refinery by December 2025.
This initiative aligns with India's push for cleaner, greener aviation fuel and reducing the sector’s carbon footprint.
What is Sustainable Aviation Fuel (SAF)?
SAF is a type of biofuel, also called bio-jet fuel, derived from sustainable feedstocks.
Kalai-II Hydroelectric Project is a significant development in Arunachal Pradesh, both in terms of energy production and its potential environmental impact.
Key Features of the Project:
Capacity & Location:
1,200 MW capacity, which is substantial and will contribute a major share to the state's power generation.
Located on the Lohit River, a tributary of the Brahmaputra River in Anjaw District, Arunachal Pradesh, a region with significant
The recent move by the Petroleum and Natural Gas Regulatory Board (PNGRB) to invite stakeholder and consumer comments on an LPG interoperability framework is an innovative step in improving the convenience and accessibility of LPG refills for consumers. If implemented, this framework would allow households to draw LPG refills from distributors of other PSU oil companies, much like the concept of mobile number portability (MNP), enhancing competition and consumer choice.
About the Petroleu