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ONGC, ExxonMobil tie up for oil exploration in India; plan to bid for OALP
Posted on 16th October 2019
Global energy major ExxonMobil and state-run Oil and Natural Gas Corporation (ONGC) have tied up for oil exploration in India. The two companies will jointly bid for the upcoming Open Acreage Licensing Policy rounds.

The two oil majors signed a memorandum of understanding (MoU) on Tuesday. This will enable them to to “undertake joint technical studies and cooperate in frontier areas like deepwater and other Petroleum Exploration Licence (PEL) blocks of ONGC in the East and West coast and open acreages for joint bidding”.

“A lot of foreign companies are showing faith in India and its move towards a gas-based economy. This includes big players like Total, Shell, and ExxonMobil,” said Petroleum Minister Dharmendra Pradhan at the CERAWeek in Delhi. The MoU was signed on the sidelines of the CERAWeek in Delhi by ONGC Director (Exploration) R K Srivastava and ExxonMobil Chief Executive Officer-South Asia, William P Davis.

The work under the MoU will be carried out in three phases. This will lead to a joint technical study for potential collaboration areas.

“We welcome the opportunity to work with ONGC and apply our collective expertise to be an even bigger part of India’s bright energy future,” said Michael Deal, vice-president-Asia Pacific, ExxonMobil.

On Monday, ExxonMobil had signed a pact with Indian Oil Corporation to expand its liquefied natural gas business initiatives in India.

Related Companies: Oil and Natural Gas Corporation Limited (ONGC)   

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Toyota to hike price of Camry Hybrid & Vellfire models from next month
Posted on 6th June 2020
Toyota Kirloskar Motor (TKM) on Friday announced it would increase the price of Camry Hybrid Electric Vehicle and The Vellfire with effect from next month.

It has been necessitated due to the substantial rise in exchange rate, the company said in a statement.

Eight countries, including India, ask UN Human Rights Commissioner to be responsible amid COVID-19 crisis
Posted on 6th June 2020
Eight countriesm led by India and Indonesia, have written to the Office of the High Commissioner of Human Rights (OHCHR) under the United Nations, asking it to play a responsible role amidst the ongoing coronavirus disease (COVID-19) crisis around the world.

The joint letter was written by the permanent missions of India, Indonesia, Cambodia, Malaysia, Myanmar, the Philippines, Thailand, and Vietnam in Geneva to the OHCHR after the latter issued a release entitled Asia: Bachelet alarmed by clampdown on freedom of expression during COVID-19.

Senior Indian, Chinese diplomats hold talks ahead of Lt General-level dialogue to end LAC standoff
Posted on 6th June 2020
Senior diplomats from China and India on Friday held a video conference to discuss the border standoff ahead of the Lt General-level talks scheduled on Saturday.

In a Video Conference between Naveen Srivastava, Joint Secretary (East Asia) and Mr Wu Jianghao, Director General in the Chinese Ministry of Foreign Affairs, the two sides reviewed the state of bilateral relations including the current developments, the Ministry of External Affairs said in a statement.

NHRC plea to intervene on migrants case allowed by SC, suggests 'short term and long term measures' to deal with crisis
Posted on 6th June 2020
The Supreme Court on Friday allowed the National Human Rights Commission (NHRC) to intervene in the case related to plight and miseries of stranded migrant workers due to the coronavirus-enforced nationwide lockdown.

The NHRC, in its intervention plea filed through Deputy Registrar Sunil Arora, gave short term and long term measures for consideration of the apex court in order to alleviate the plight of the migrant workers and to ensure that their human rights are not violated.

From special mention in 'Mann Ki Baat' to recognition by UN body: Madurai girl’s philanthropy is winning hearts
Posted on 6th June 2020
Mahandoss, who owns a salon in Tamil Nadu’s temple town Madurai says that he or his family didn’t expect any recognition or rewards when they donated a large part of their savings to help the needy during the coronavirus-enforced lockdown.

His deed, which was inspired by his 13-year old daughter’s concern for the poor and needy was first lauded by India’s Prime Minister Narendra Modi in the radio address Mann Ki Baat.

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