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Iran discovers giant shale oil reserves in several regions

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A gas flare on an oil production platform in Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran, July 25, 2005. (Photo by Reuters)

The National Iranian Oil Company (NIOC) says the country has discovered shale oil deposits in 10 different locations across the country.

The director of exploration at the NIOC, Mehdi Fakour, announced that the company’s specially designed model will enable the extraction of oil from these resources.

Fakour stated that in the previous Iranian calendar year (which ended March 19, 2024), more than 2.5 billion barrels of oil were added to Iran’s crude oil and natural gas reserves with new exploration activities.

He added that the new discoveries will be announced by the oil minister soon.

Domestic companies possess significant potential for extracting oil shale resources, Fakour emphasized.

Furthermore, he announced the development of a unique and localized model in the country, which has yet to be adopted elsewhere globally.

The official went on to say that the extraction of shale oil in the United States costs approximately $40 per barrel. However, the new model implemented in Iran for shale oil production in western province of Lorestan will cost around $25 per barrel.

In 2017, Iran had discovered shale oil reserves amounting to 2 billion barrels in Lorestan.

Shale oil is unconventional oil produced from oil shale rock fragments by pyrolysis, hydrogenation, or thermal dissolution.

Iran is believed to have 158 billion barrels of established conventional oil reserves, the fourth largest in the world.

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Hyderabad

HCL announces fifth edition of Jigsaw, India’s largest problem-solving assessment platform

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This Pan-India initiative aims to cultivate a community of India’s Top Young Problem Solvers by recognizing and rewarding their critical thinking abilities through a rigorous evaluation process.

Updated On – 2 April 2024, 04:25 PM


HCL announces fifth edition of Jigsaw, India’s largest problem-solving assessment platform

File Photo

Hyderabad: HCL, a $13.1 billion global conglomerate, announced registrations for the fifth edition of HCL Jigsaw, India’s Biggest Problem-Solving Assessment Platform.

This Pan-India initiative aims to cultivate a community of India’s Top Young Problem Solvers by recognizing and rewarding their critical thinking abilities through a rigorous evaluation process. This year, HCL Jigsaw is inviting all school students from Grades 6 to 9 to participate in the competition without any registration fees.

“At HCL, we aim to multiply the potential of young minds with the right skills and knowledge to navigate in a rapidly evolving world. Through HCL Jigsaw, we’re committed to providing a platform for evaluating and honing essential 21st-century skills such as critical thinking and problem-solving among school students,” said Rajat Chandolia, Associate Vice President and Head of Brand at HCL.

Interested students and schools can secure their sport by registering at www.hcljigsaw.com before 31st July 2024. The total prize purse for the fifth edition is Rs 12 Lakh. In addition to this, schools with over 150 participants will be recognized as India’s Top Problem-Solving Schools.

Top News

BCCI Reschedules Two IPL 2024 Matches; KKR, RR, GT, DC To Be Affected

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FIle photo of Kolkata Knight Riders.© BCCI

Kolkata Knight Riders’ home IPL game against Rajasthan Royals was on Tuesday advanced by a day to April 16, while Gujarat Titans-Delhi Capitals fixture in Ahmedabad was also rescheduled by the BCCI which did not give any reason for the move. The PTI on Monday reported that the KKR-RR tie in the 2024 Indian Premier League was set to get rescheduled due to Ram Navami, but the Board did not specify any reason for the rescheduling of matches on these two dates. “The fixture between Kolkata Knight Riders & Rajasthan Royals, which was earlier scheduled to take place on April 17, 2024 at Eden Gardens, Kolkata will now be played a day prior on April 16, 2024.

“The Narendra Modi Stadium, Ahmedabad was earlier scheduled to host the match between Gujarat Titans & Delhi Capitals on April 16, 2024. The fixture will now be played on April 17, 2024,” the BCCI said in a statement.

It was learnt that Kolkata Police expressed its inability to provide adequate security cover for what will be KKR’s third home game of the 17th IPL season, just three days after they host the Lucknow Super Giants.

Bengal is also set to vote on April 19 in the first phase of the seven-phase general elections. The voting in Kolkata will take place on June 1.

The CAB had suggested that the match be advanced either by a day (16 April) or pushed back by 24 hours to 18 April.

KKR is currently in Visakhapatnam for a game against Delhi Capitals on Wednesday.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Topics mentioned in this article

Hyderabad

TS Medical Council files police cases against 19 quacks

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In the past few weeks, the TSMC undertook a series of inspections of establishments where such alleged unauthorized practices were taking place.

Published Date – 2 April 2024, 04:15 PM


TS Medical Council files police cases against 19 quacks

Telangana State Medical Council (TSMC) Logo. Source: Official Website.

Hyderabad: To curb public health risks associated with unqualified medical practitioners (quacks), the Telangana State Medical Council (TSMC) has filed 19 police cases against individuals who were practicing medicine without qualification (MBBS degree).

In the past few weeks, the TSMC undertook a series of inspections of establishments where such alleged unauthorized practices were taking place. Five police cases were booked in Medchal-Malkajgiri, four each in Nalgonda and Mancherial and three each in Hyderabad and Rangareddy districts.

The TSMC has also lodged a complaint with Ayush Board for action against the 17 doctors who have only BAMS, BHMS & BUMS degree but were illegally practicing Allopathic Medicine without MBBS qualification.

The Council has also sent notices to around 20 individual doctors and to a few hospitals, companies who were encouraging quackery. “Their replies are awaited and after receiving replies from them, necessary action will be taken against them,” TSMC Chairman, Mahesh Kumar said.

To further strengthen its activities to curb quackery, the TSMC has decided to constitute the Special Legal and anti-quackery committees, which consists of doctors from across Telangana.

General public can also notify instances of unqualified persons or quacks illegally practicing modern medicine through email: antiquackerytsmc@onlinetsmc.in or WhatsApp: 9154382727

India

More than 43.3 cr digital transactions in India every month, says FM Nirmala Sitaraman

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Speaking at Viksit Bharat 2047 Ambassador Campus Dialogue at Pallavaram, the Finance Minister said that in India 43.3 cr transactions are being done every month through digital payment without any charge.

Published Date – 2 April 2024, 02:43 PM


More than 43.3 cr digital transactions in India every month, says FM Nirmala Sitaraman

Nirmala Sitharaman speaks at Viksit Bharat 2047 Ambassador Campus Dialogue at Pallavaram.

Chennai: Finance Minister Nirmala Sitharaman on Tuesday lauded the strong digital public infrastructure and access has been given to all which has brought India at the fore-front in digital transactions. Speaking at Viksit Bharat 2047 Ambassador Campus Dialogue at Pallavaram, the Finance Minister said that in India 43.3 cr transactions are being done every month through digital payment without any charge.

“The country is becoming a hub of digital infrastructure. Digital public infrastructure has been designed in such a manner that it involves the seller, the buyer and the payment system. 43.3 crore transactions are being conducted digitally per month,” she said.

Speaking at the event, the FM highlighted that today India is producing mobile phones not only for domestic consumption but also for exporting to other countries, and all this happened because of the efforts of the current Indian govt. Finance Minister Sitharaman said “The Production Linked Incentive (PLI) schemes have incentivised the industries to invest in thorium, solar energy and green hydrogen sector.

India has also joined hand with other countries to make progress in the renewable energy sector and in the coming future India will become a leader in the renewable energy sector.” Highlighting the achievements of the start-ups in India Sitharaman says that now the start-ups are coming to the space sector also, the government has opened the space sector for private investment and the Indian government is giving opportunities and assistance to the new players. In the interim budget, the government has also allocated 1 lac cr rupees for science and research which will give further boost to the emerging start-ups in India.

Sitharaman highlighted the indicators of the Viksit Bharat. She said that better infrastructure, modern schools and hospitals are the key indicators of Viksit Bharat. The FM said the focus of the Modi Government is to achieve Viksit Bharat goal through the development of infrastructure.

Middle East

US voices commitment to arming Israel despite Gaza genocide

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Department of State spokesperson Matthew Miller on Monday defended recent arms transfers to its ally, which included fighter jets and 900kg bombs.

“I do not agree with that at all,” he claimed when asked whether the weapons transfers damaged the “credibility” and “sincerity” of US statements slamming the killing of too many civilians in Gaza.

“We have been very clear that we want to see Israel do everything it can to minimize civilian casualties. We have made clear that they need to operate at all times in full compliance with international humanitarian law,” Miller claimed.

The official also reaffirmed the US’s “long-term commitment ” to what he called “Israel’s right to self-defense” despite growing concerns about rights abuses in the Gaza Strip. 

His remarks come as reports said last week that Washington authorized arms transfers to Israel worth billions of dollars. The package includes more than 1,800 MK84 2,000-pound bombs and 500 MK82 500-pound bombs, as well as 25 F35A fighter jets.

Despite pressure to withhold arms, a US report said on Monday that Washington is considering major new weapons sales to Israel.

Israel launched the war on Gaza on October 7 after the Palestinian Resistance movement Hamas waged the surprise Operation Al-Aqsa Storm against the occupying entity in response to the Israeli intensified violence against Palestinians.

Tel Aviv has also blocked water, food, and electricity to Gaza, plunging the coastal strip into a humanitarian crisis.

Since the start of the offensive, the Tel Aviv regime has killed at least 32,845 Palestinians and injured nearly 75,392 others.

AMK/PressTV

Top News

Donald Trump's Youngest Son Barron Makes Rare Appearance, Video Viral

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Donald Trump's Youngest Son Barron Makes Rare Appearance With Family, Video Viral

Barron Trump was born in March 2006.

Donald Trump’s younger son Barron is making news after making a rare appearance with his parents on Easter 2024. The 18-year-old is busy with his college decisions but still took time out to for a family get together. Barron Trump was seen at the Mar-a-Lago club, walking side by side with his mother Melania on Sunday, March 31. The video was shared by Ron Filipkowski on his X account and was picked up by several other users. The Trump family had gathered at Mar-a-Lago for an Easter brunch.

Barron Trump wore a classy navy blue two-piece suit with a yellow tie and towered over her former model mother, who stunned in a mid-length white Alaia dress and pale pink heels.

Watch the video:

Other members of the family who attended the event were Melania’s father, Victor Knavs, the former US president’s sons, Donald Trump Jr and Eric Trump – along with his wife Lara and their children.

Who is Barron Trump?

Mr Trump married Melania (then Knauss) in 2005 and on March 20, 2006, she gave birth to Barron. He is Mr Trump’s fifth child and Melania’s first, according to People Magazine.

The outlet further said that Barron spent his childhood at his family’s lavish penthouse in New York and attended prestigious private schools in Manhattan.

When Mr Trump was elected US President and began his term in January 2017, Melania and Barron stayed back in Manhattan so that he could finish school. He officially moved into the White House a few months later.

In September 2023, in an interview with US journalist Megyn Kelly, Mr Trump praised his youngest son.

“Barron is a very good athlete. He’s a good kid. He’s a good-looking kid. He’s a great student,” he said.

When Mr Trump’s presidential term ended in 2021, it was revealed that Barron would be attending the Oxbridge Academy in Palm Beach, Florida, where he will be graduating with the class of 2024. He turned 18 in March 2024.

Hyderabad

Nirmal doctor, daughter bag award for short film

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The father-daughter duo received the award at a programme held in Hyderabad on Monday.

Published Date – 2 April 2024, 04:02 PM


Nirmal doctor, daughter bag award for short film


Nirmal: A doctor and her daughter from Nirmal town have won an award for their first Telugu short film, garnering accolades from many.

51-year-old Dr Chilkuri Venugopalakrishna, a resident medical officer at the district headquarters hospital and his daughter Suhasini, a MBBS third year student at a college in Hyderabad bagged Nandi Award from Rudra Studio of Hyderabad for their short film ‘Prematho Nanna.’ They received the award at a programme held in Hyderabad on Monday.

“It was a proud moment to have received the award along with my daughter. The credit goes to outstanding acting skills of Suhasini,” Venugopalakrishna said.

Hailing from Khanapur town, he is also pursuing MD in biochemistry III year at a college in Nizamabad. He said that the short film talks about a father’s mental agony in giving a message for his children while being on deathbed. ‘Prematho Nanna’ won awards for the best film, direction and acting categories.

World

Leader: Iran will punish Israel, make evil regime ‘regret’ crime in Syria

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Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says brave Iranian men will “punish” Israel and make the evil regime “regret” its crime of assassinating the country’s military advisors in Syria.

Ayatollah Khamenei made the announcement in a message issued on Tuesday, a day after Israeli airstrikes destroyed Iran’s consulate building in Damascus and killed seven military advisors of the Islamic Revolution Guards Corps (IRGC).

(This item is being updated.)

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Top News

SEBI Chief Explains Why She Is A "Very Difficult Boss To Work With"

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SEBI Chief Explains Why She Is A 'Very Difficult Boss To Work With'

Madhabi Puri Buch was speaking at the annual convocation of IIM Ahmedabad.

Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI), said that she has a “long list of colleagues” who have found her very difficult to work with. Ms Buch, the first woman to head the share market regulator, was speaking at the annual convocation of the Indian Institute of Management (IIM) Ahmedabad on Saturday.

Addressing the students, Ms Buch, who was invited as the chief guest at the convocation ceremony, said, “I have a long list of colleagues as well as bosses who will testify to the fact that I am not only a very difficult boss to work with but an almost impossible subordinate to work with because I just won’t give up. Until a problem has been dissected to the last degree, I will not give up.”

Explaining why her colleagues feel so, the SEBI chief added, “My colleagues often tell me that problem-solving with me is like peeling an onion. It makes everybody cry in the process. But by the time you are done, peeling layer after layer after layer of the onion, you suddenly realise there is no problem left.”

Ms Buch also shared that she abides by the mantra of doing what is right, “no matter how hard”. She said that she leaves no stone unturned, irrespective of how hard the problem is.

She added, “I believe that at a conscious and a subconscious level, my mantra has been very very simple. Do the right thing, no matter how hard. Leave no stone unturned, no matter how hard. The wonderful thing about this mantra is that eight times out of ten you actually succeed. And the two times that you don’t, you have absolutely no regret.”

She elaborated that each graduate would discover their own guiding mantra, serving as their innate “default setting” to effortlessly navigate their path ahead.

“And until you find that mantra, it is as though you have a quiver full of arrows, some sharp, some not so sharp. And as you aim for the goals that you choose, you may find that your sharp arrows were perfectly well, wonderful, or that you need to sharpen some of your arrows,” Ms Buch added.