CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following company signed a deal of USD 1.5 billion to buy US crude oil?
A
Reliance Industries
B
Hindustan Petroleum
C
Indian Oil Corporation
D
Bharat Petroleum
Explanation: 

Detailed explanation-1: -About 71.15% of crude oil is by ONGC and OIL from nomination regime and remaining 28.85% of crude oil production is by Private/JV companies from PSC regime.

Detailed explanation-2: -Rajasthan is the largest producer of petroleum in India followed by Gujarat and Assam. Rajasthan has a share of about 23.29% in crude oil production in the country. In India, oil is found in Assam, Gujarat, Mumbai High and in the river basins of Godavari and Krishna.

Detailed explanation-3: -In India, petroleum is mostly found in Assam, Gujarat, Mumbai High and in the river basins of Godavari and Krishna.

Detailed explanation-4: -In India, crude oil is found in Andhra Pradesh, Arunachal Pradesh, Assam, Gujarat, Rajasthan, Tamil Nadu and in the river basins of Godavari and Krishna.

There is 1 question to complete.