Categories: Miscellaneous

Reliance sources world’s first ‘carbon-neutral’ oil from United States

Billionaire Mukesh Ambani-owned Reliance Industries Ltd has received the world’s first consignment of ‘carbon-neutral oil’ from Oxy Low Carbon Ventures (OLCV), a division of United State oil major Occidental. This feat will further help the oil major to accomplish its target of becoming a net zero-carbon company by 2035.

WARRIOR 5.0 Batch for SBI, RRB, RBI and IBPS Exams Banking Awareness Online Coaching | Bilingual

The Very Large Crude Carrier (VLCC) Sea Pearl containing the carbon-neutral oil from Permian basin, unloaded the cargo at Jamnagar on January 28, 2021. It must be noted that Reliance operates the world’s largest single-location oil refining complex at Jamnagar in Gujarat with a capacity of 68.2 million tonnes a year.

This transaction is the first major petroleum shipment of Reliance, for which greenhouse gas (GHG) emissions from the entire crude lifecycle, including oil extraction, transport, storage, shipping, refining, subsequent use, and combustion, have been offset.

Find More Miscellaneous News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Weekly One Liners 05th to 11th of January 2026

Weekly Current Affairs One-Liners Current Affairs 2025 plays a very important role in competitive examinations…

11 hours ago

MeitY Launches PARAM SHAKTI Supercomputing Facility at IIT Madras

The Ministry of Electronics and Information Technology (MeitY) has launched ‘PARAM SHAKTI’, a powerful new…

1 day ago

Akasa Air Enters IATA, Becomes India’s Fifth Member of Global Airline Body

Akasa Air, India’s youngest airline founded in 2020, has become a member of the International…

1 day ago

Union Minister Annpurna Devi Inaugurates PANKHUDI Portal to Improve Services and Support for Women and Children

The Government of India focuses strongly on the welfare and empowerment of women and children.…

1 day ago

New Delhi World Book Fair 2026: Free Entry and Tribute to India’s Armed Forces

The 53rd edition of the New Delhi World Book Fair (NDWBF) 2026 will be held…

1 day ago

Oscars 2026: Five Indian Films Eligible for Best Picture at 98th Academy Awards

The 98th Academy Awards, also known as Oscars 2026, have recognized five Indian films as…

1 day ago