Reliance And Essar To Re-open Closed Retail Pumps
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Government In A Fix : RIL Wants Policy Relaxations For Supply Of Petrol, Diesel To Cover All Marketing Cos
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Mounting LPG Inventories At Jamnagar Refinery : RIL Wants To Market LPG Directly In Domestic, Non-domestic Markets
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No –Fly Zone Around Refinery Complexes
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Automobile Industry : Petroleum Ministry Not In Favour Of SCR Technology With Euro-IV Norms
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4 D survey : Ravva Consortium Places LoI With Global Marine
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Actinia Commences Sidetracking
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Basin Centered Gas Systems : Bengal Basin Holds Exploration Potential
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BG-led Consortium Criticised : OISD Makes External Safety Audit Of PPA Complex
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DGH To Create National Data Depository
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Standing Committee Expresses Concern : Bio-diesel Purchase Policy Fails To Take Off
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ONGC’s Uran Plant: Additional Process Facilities
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Paradip- Haldia Crude Oil Pipeline
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Petroleum Products: Consumption Trends
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Wood Mackenzie
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Essar Oil Upset With GAIL
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Implementation Agreement Finalised : ONGC, Murray& Roberts Settle For $ 32.7 Million
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Indus Gas Announces Reserves Upgrade on Block RJ-ON/6, India
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Hindustan Petroleum Corporation Limited intend to engineer, construct, commission and operate
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Hindustan Petroleum Corporation Limited (A Government of India Enterprise) : Global Tender Sealed Offers
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Indian Oil Corporation Ties Up Long-Term Crude Supplies With Iraq, Nigeria: Click IOG Exclusives below for details
Government Nominates OMCs To Buy Cairn’s Rajasthan Crude. Click IOG Exclusives below for details
J.Ray McDermott Attacks ONGC’s Tender Awarding Practices, Blames Clough, Punj Lloyd, Ramunia, Samsung, Naftegaz For Delaying Projects. Seeks Petroleum Ministry’s Intervention. Click IOG Exclusive below for details.
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GDP growth to be 5.3% in FY10, says Nomura
December 2, 2008 : Nomura Financial Advisory and Securities Services, an affiliate of Nomura Holdings, in its report has estimated a sharp slowdown in GDP growth to 5.3% in FY10 from a downwardly revised 6.8% in FY09. The main reasons are slumps in exports and capex and expected second-round effects. It expects GDP growth to more..
India’s Oct exports fall 12.1 per cent
December 2, 2008 : India’s exports fell an annual 12.1 per cent in October to $12.82 billion, the first year on year fall in nearly three years, as slowing output at home and tumbling economies in key overseas markets slashed demand. The trade deficit narrowed slightly to $10.54 billion in October compared with $10.63 more..
Oil product sales fall as economy slows
December 2, 2008 : Domestic oil product sales declined in October for the first time in 17 months as slowing economic activity crimped demand for industrial fuels and diesel, government data showed on Monday. Oil product sales, a proxy for demand, fell 1.7 per cent from the same month a year ago to 10.71 million tons as diesel more..
Hazira Port plans multi-cargo harbour
December 2, 2008 : Hazira Port, a joint venture between Royal Dutch Shell and French oil major Total, has drawn up a blueprint to develop its existing liquefied natural gas (LNG) import terminal in Hazira (Surat) into a $500-million multi-cargo port. The company has appointed Citibank as the consultant for the project with a more..
Oil cos in profit, time for fuel price cut?
December 2, 2008 : The case for a cut in fuel prices built by the Congress managers as a way to provide relief to a populace beleaguered by high cost of living has become stronger with the state-owned oil marketing companies’ profit on petrol rising to Rs 15 a litre and over Rs 3 on diesel. Due to the lower international more..
Cheaper flying: Air India to reduce fuel surcharge
December 2, 2008 : In a move that may force private full service carriers to pass on benefits to customers of a hugely cheaper jet fuel by dropping fares, national carrier Air India has decided to reduce fuel surcharge by Rs 400 on all its domestic flights from Tuesday. And since AI-domestic (earlier Indian Airlines) does not more..
Oil falls below USD 52 per barrel
December 2, 2008 : Oil fell more than $2 to below $52 a barrel on Monday after OPEC decided to wait until mid-December to make another cut in output to try to defend sagging prices. US light crude for January delivery was down $2.53 at $51.90 a barrel by 0937 GMT. Oil had settled at $54.43 on Friday after a shortened more..
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Time To End The Prejudice Against Petrol
 The government is expected to slash the retail prices of petrol and diesel in the next couple of weeks. The sharp fall in crude prices has made it possible to cut prices ahead of more...
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Indian Oil Corporation Ties Up Long-Term Crude Supplies With Iraq, Nigeria
 The state-owned, Indian Oil Corporation (IOC), has renewed its term contract with Nigeria and Iraq for supply of crude for calendar 2009. The contract with SOMO of Iraq is for more...
Government Nominates OMCs To Buy Cairn’s Rajasthan Crude
 Ministry of petroleum and natural gas appears to have resolved the controversy over lifting of crude from Cairn Energy operated fields in Rajasthan. The ministry has nominated all the three more...
J.Ray McDermott Attacks ONGC’s Tender Awarding Practices, Blames Clough, Punj Lloyd, Ramunia, Samsung, Naftegaz For Delaying Projects. Seeks Petroleum Ministry’s Intervention.
 In an unusually blunt attack on India’s upstream major Oil and Natural Gas Corporation‘s (ONGC) tender awarding and project management practices, J.Ray McDermott, an more...
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The plunging crude oil prices have now provided the government with an opportunity to take the reform process to its logical conclusion. Will the government act?
 Starting from 1991, successive governments at the centre have undertaken reforms of the hydrocarbons sector. The reforms have been slow, sporadic, flawed and incomplete. The more...
Untold Story Of Pricing Of Reliance' Gas From KG Basin
The recent news emanating from official circles regarding the pricing of gas produced from the Reliance owned KG basin fields is hardly surprising. It seems more...
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Interview with Rajeev Sharma, M.D, Adani Energy
 Rajeev Sharma knows gas business better than many in the petroleum sector. As founder MD of the highly successful Indraprastha Gas Ltd (IGL), he demonstrated his dynamism and more...
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Obama’s clean energy plan : India Must Absolutely Plug Into It
ENERGY policy seems poised for a thorough rethink in fossil fuel-guzzling US with the election of Barack Obama as President. The focus is expected to be on solar, wind and other sustainable energy solutions. New Delhi needs to be proactive as well, and seek a strategic partnership with the US on developing clean, more...
Biofuels at current crude prices viable?
They are economical on many counts
BIOFUELS are often evaluated according to the price of crude products such as petrol and diesel. What is often neglected in this comparison are the economic costs related to environment, and the foreign exchange they help conserve. But, without getting into that argument, if one has to look at more...
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Next CMD, GAIL
 There are as many as 18 candidates in the race for the top job in GAIL (India) Ltd following U.D. Choubey’s superannuation in July 2009.. There could be a more...
Dr Shanker Adawal
 Dr Shanker Adawal, President (Corporate Affairs), RIL : Till about four months ago, he was considered the most important figure among the Delhi-based executives of Reliance more...
Kevin Robertson
BJ Services Company has appointed Kevin Robertson as country manager - India for Tubular Services. In his new role, Robertson is based in Mumbai, where he oversees all aspects of operations, financial management, and market expansion for Tubular Services in India.
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Vast areas of India’s sedimentary basins remain unexplored. The exceptional discoveries of oil and gas in recent years have placed India firmly on the global oil and gas map and brought about a paradigm shift in the minds of potential investors in the upstream sector in India. India imports more than 70 per cent of its crude requirement which is the single biggest item of foreign exchange outgo. But at the same time petroleum exports constitute the country’s single largest item of foreign exchange earner. Till about 12 years ago, the petroleum sector was almost totally controlled by national oil companies. Today, there are many players both in the upstream and downstream sectors. Indian oil scene looks vibrant.
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BHP, BP and Mittal Energy Win Exploration Blocks in NELP-VII
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ONGC Videsh Limited Wins Two Prospective Exploration Blocks In Colombia
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ONGC Videsh Ltd. And Its Partner IPR Red Sea Inc. Makes Second Oil Discovery
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History of Gas / RLNG Pricing In India
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Existing Gas Price
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Gas Price Formula
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Gas Price in lndia
(PSC between government , RIL and NIKO with respect to KG-DWN-98-3) more...
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Retail Selling Prices - Petroleum Products
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State Tax on Jet Fuel (ATF) as of 1st August, 2008
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Brief status of the fuel Quality up-gradation projects
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Pricing Mechanism , Simplified
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Essential data on IOC
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Pricing Basis for Jet Fuel (ATF)
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At What price the PSU oil marketing companies buy LPG from Reliance Industries’ Jamnagar refinery? At what price they import it?
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Gross Refining Margins
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History Sheets of ONGC Blocks
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Data - Petroleum Products
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Duty structure - Crude & Products
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Data - LPG
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Reliance Industries Ltd - Status Note on Exploration Blocks
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