Non-Compete Clause A Retrograde Move In Cairn-Vedanta Deal
more...
Australia Presents a Big Opportunity For Indian Firms
more...
The Curious Case of Gas Pricing And Its Implications
more...
Terms And Conditions Of Gas Supply Contracts To Be Changed To Discourage Unfair Practices
more...
Marketing Margin On Gas Still A Bone Of Contention
more...
Govt Shows Interest In Shale Gas Exploitation
more...
|
|
ONGC Offers To Pay Up LD To Retain Hungarian Company MOL
more...
RIL Proposes Integrated Development Of D6 Discoveries
more...
Final Oral Submission For Ravva BDC Arbitration To Begin In October
more...
Arrow Energy Wants To Relinquish Block MR-CBM-III/2005
more...
ONGC Asked To Pay For Unfinished Work Program
more...
|
|
Ethanol Makers Ready To Meet Demand From Oil Companies
more...
Maharashtra To Gain From Ethanol Production
more...
Punj Lloyd Wins Five Solar Power Projects from Punjab Government
more...
|
|
ONGC’s Integrated Development Project Of G-1 & GS-15
more...
OPaL’s Downstream Configuration, Cost Estimates Revised
more...
CPCL’s New Crude Pipeline
more...
Gokak-Goa Underground Gas Pipeline Gains Pace
more...
|
|
ONGC Gives Corporate Guarantee In Favour Of Saudi Aramco
more...
|
|
Nagarjuna Oil Corporation
more...
Aban In Pact With Cairn India For Deploying Rig
more...
Bengal Energy Announces First Quarter Results
more...
|
|
|
September 9, 2010: Company-wise, Year-wise Financial Exposure of Indian Consortium Partners in Carabobo Project 1 in Venezuela. Click Special database for details.
September 8, 2010 : Current Availability, Consumption, Projected Demand of Natural Gas. Click Gas Scene for details.
September 7, 2010: Oil spill is a nightmare not only for oil producing companies but also for the governments. US president Obama was lampooned by the US public for the manner he initially handled BP’s oil spill in the Gulf of Mexico. India was lucky that a minor oil spill which occurred on the west coast at PMT fields operated by BG was contained on time. Click IOG Exclusive for details.
|
|
Marginal rise in auto fuel prices
September 9, 2010: With the Government increasing the commission for petrol pump dealers by 9 paise a litre for petrol and 8 paise for diesel, auto fuels prices in the country has increased by 9-13 paise a litre. The oil companies pay commission to dealers for uplifting products from them. Petrol in Delhi will now cost Rs more..
Cairn Energy to pay taxes due in India, UK on Vedanta deal
September 9, 2010: While UK’s Vodafone Group fights its tax liability in courts, British firm Cairn Energy on Wednesday said it will pay all taxes due, both in India and the United Kingdom, on the $8.48-billion sale of a majority stake in its Indian arm to Vedanta Resources. Cairn Energy is selling between 40 and 51% more..
ONGC seeks adequate water
 September 9, 2010: RS Sharma, chairman and managing-director of Oil and
Natural Gas Corporation (ONGC) has demanded 'adequate water' for
Petroleum, Chemical and Petrochemical more..
Power minister asks CEA for list of power plants needing gas
September 9, 2010: The ministry of power has initiated the process of finalising the list of prospective power plants that may get gas in the 12th Plan period, based on the new criteria set for the gas allocation policy. The ministry has asked the Central Electricity Authority (CEA) to keep in mind the shortage of gas in the more..
Punjab: GAIL faces problems in laying gas pipeline
September 9, 2010: Facing problems in laying gas pipeline in Punjab, GAIL (India) Ltd Executive Director (Projects) Ashutosh Karnatak today met Chief Minister Parkash Singh Badal to apprise him about the problem and sought his cooperation for the completion of the project by the targeted March 2011. Earlier, GAIL had already more..
Essar may farm out 37% in Nigerian block
September 9, 2010: Essar Energy, part of the Ruias' $15-billion Essar Group, is looking at farming out 37 per cent in its offshore block, OPL 226, in Nigeria. The company holds 100 per cent in the block and is in talks with a local partner. Block 226 is spread over 1,200 sq km and has estimated oil reserves in excess of more..
Shiv-Vani Oil & Gas net profit up 3.32%
September 9, 2010: Oil and gas explorer Shiv-Vani Oil & Gas Exploration Services Ltd today said its consolidated net profit rose 3.32 per cent to Rs 1.99 billion in the year ended March 31, 2010. The group had registered a consolidated net profit of Rs 1.92 billion in the previous year, Shiv-Vani Oil & Gas Exploration more..
I-T raids hotel chain of former IAS officer
September 9, 2010: Sanjay Gupta, a 1985-batch bureaucrat, is credited with transforming GSPCL into a blue-chip company. Income Tax officials on Wednesday began search and seizure operations at the premises of a hotel chain owned by a former IAS officer. Sanjay Gupta, a 1985-batch bureaucrat, had resigned after Narendra Modi more..
|
|
CVC: Cat’s Paw In A Sordid Game
 Muck raking is a legitimate activity in any democracy. Intelligence officials, reporters, and rivals for top positions spend a great deal of time in digging up dirt on all sorts of people. Everyone loves a more...
|
|
BG Asked To Take Prompt Steps To Prevent Fresh Oil Spill In PMT Fields
September 7, 2010: It went unreported. There was an incident of oil spill from the sub-sea pipeline assembly near SPM in Panna, Mukta, Tapti (PMT) fields in western offshore. The fields are being operated by a consortium comprising BG of UK, Reliance Industries Ltd and ONGC. BG is the operator. The incident took place in July more...
Valentine, Swiber Among 11 Bidders For ONGC's B&N Series Project
September 6, 2010: Even as ONGC's offshore engineering division is in the process of seeking clarifications from bidders for the sub-sea pipeline contract associated with B-193 project in Mumbai offshore, ONGC’s tender for a similar job in B& N series project has received an impressive response. As many as 11 more...
Disturbing Questions On Cairn-Vedanta Deal
 First, I am intrigued by the fact that there are two independent Directors (including Naresh Chandra) that are common to both Vedanta and Cairn.
Second and more importantly, more...
RIL To Use ONGC Pipeline To Transport Crude From Cambay Discovery to IOC Refinery
August 30, 2010 : Reliance Industry has been facing crude disposal problem during extended testing of well CB 10 A-AI in Cambay basin. Its formal tender inviting bids did not attract any bid from refineries forcing RIL to evacuate the crude to its own Jamnagar refinery.
To have more participants in the bidding process during more...
DGH Recommends 12 Months Extension For RIL’s Discovery Block In Cambay
August 27, 2010: Directorate General of Hydrocarbons (DGH), which acts as upstream regulator, has recommended to the Ministry of Petroleum and Natural Gas a favourable consideration for second extension of phase -I for 12 months period for Reliance Industries’ block CB –ONN-2003/1.
The extension is more...
Swiber Offshore May Be Challenged By Valentine Maritime For ONGC’s Sub-sea Pipeline Project.
August 23, 2010 : The Singapore-based, Swiber Offshore, which in recent months out-smarted established players by winning three contracts alone and in association with Sime Darby of Malaysia, may find the going tough this time around for the sub-sea pipeline contract associated with B-193 process platform project.
more...
ONGC To Develop WO-5, WO-15, WO-16 AND 8-119/121 fields
 August 20, 2010 : The fields WO-5, WO-15 and WO-16 are located south of MH field in water depth of 75 to 80 m. The fields are located at a distance of about 37 to more...
|
|
Cairn’s Exit, Vedanta’s Entry-What It Means For Indian Petroleum Industry
 The last few days have seen the announcement of the somewhat surprising deal between Vedanta plc and Cairn Energy plc, through which the former is to acquire a more...
BP’s Comments on Common Gas Pool Price by Mercados
The country is grossly short of energy and is increasingly dependent on imported fuels for its energy needs. Over 70% of the crude oil demand is being met through imports. There also exists a big gap between gas demand and supply, which is projected to increase in the coming years. Despite the massive increase in supply from more...
BG India’s Comments on Common Gas Pool Price by Mercados
With a backdrop of strong economic growth, the share of natural gas in India's total primary commercial energy mix is forecasted to increase to ca. 13% by 2030. This would translate into potential gas requirement of ca.1100 mmscmd by 2030, provided there is access to a pan India market and a very robust backbone of gas more...
Reliance Industries’ Makes Yet Another Acquisition In Shale Gas
 June 28, 2010 : So Reliance Industries Ltd (RIL) has made yet another acquisition in the shale gas space in the United States. Following the earlier JV inked with Atlas for the development of the more...
Fuel Price Hike : Who Are The Real Beneficiaries?
June 26, 2010: So the Government has finally take the plunge and hiked the prices of petrol, diesel, LPG and kerosene, inspite of the expectations that only the prices of petrol would be increased due to the currently prevalent high inflation rate. Given the pricing of kerosene and LPG is considered politically more...
|
|
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 business acumen. He left GAIL (India) to join the rapidly expanding Adani Group to head its energy company, Adani Energy which again is a great success more...
|
|
Floating LNG for Power Generation
August 23, 2010: This is a proposal / suggestion to float LNG with on board regasification to be pumped to shore gas pipeline. The gas to be used for power generation mainly and to feed as fuel for transportation and industries. Such floating LNG ships can be set up as chartered vessels at the ports or off more...
Energy Information Administration (USA) Report
August 23, 2010 : With high economic growth rates and over 15 percent of the world's population, India is a significant consumer of energy resources. In 2009, India was the fourth largest oil consumer in the world, after the United States, China, and Japan. Despite the global financial crisis, India's energy demand more...
Vedanta qualifies for Cairn: But Should Scoot From Niyamgiri
There is little sense in a reported move by the government to withhold approval for Vedanta’s acquisition of oil and gas specialist Cairn India on the ground of lack of experience. Sir Frederick Upcott, chief commissioner of the Great Indian Peninsular Railway was so scornful of Jamsetji Tata’s lack of experience more...
Decontrol diesel : Dithering Would Be Fiscally Retrograde
It is unfortunate that there is no road map for diesel price decontrol. The Centre must not develop cold feet and dillydally now, after last month’s welcome move to deregulate retail prices of petrol and having announced its intention to do likewise for diesel so as to rationalise runaway fuel subsidies. In any case, more...
Ill-informed debate on oil decontrol
The politicisation of petroleum product prices has driven politicians into exaggerations, half-truths and plain falsehoods, says Swaminathan S Anklesaria Aiyar.
THE government has finally hiked the prices of diesel, kerosene and LPG, though by less than recommended by the Kirit Parikh Committee. It has more...
|
|
S. Radhakrishnan Assumes Charge of Bharat Petroleum Corp's CMD
 S Radhakrishnan assumed additional charge of Chairman and Managing Director of Bharat Petroleum Corp Ltd (BPCL).
Radhakrishnan was appointed the acting head of BPCL upon more...
Dr. R.K Malhotra Takes Over As Director (R&D), IndianOil
 Dr. R.K Malhotra has taken over as Director (Research & Development), IndianOil.
Dr. Malhotra's appointment as the head of R&D comes at a time when IndianOil is more...
|
|
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.
To download this full article in PDF, click here |
|
|
NTPC Offers Equity Stake To Qatar Petroleum
more...
|
|
BPCL Arm Acquires Stake In Two Australia Shale Gas Blocks
more...
Overseas Blocks Produce 8.8 Million Tons for OVL
more...
|
|
Current Availability, Consumption, Projected Demand of Natural Gas
more...
The market for GAS COMPRESSORS in India
more...
Refineries Ask For More Gas Allocation
more...
Gas meters a growing market in India
more...
KG D6 Gas Status of Firm, fallback allocations and actual take off
more...
Gas Price as on July 1, 2010
more...
Gas Turbine Market
more...
CGD projects: Converting Potential into Money, Growth of leading CGD companies & Demand potential of CGD Projects In India
more...
Performance Of Existing CGD Entities (At the end of April 2010)
more...
What is the role of the Government in natural gas pricing?
more...
Priority Sectors For Gas Allocations, D6 Gas Allocations Sector-wise
more...
Current prevailing gas prices under various PSCs
more...
Basic Facts About RIL’s Gas From D6 Block In KG Basin
more...
Gas In India : New Gas Production
more...
Gas in India : LNG Market Changing for better? Looks like it.
more...
Gas in India : Gas Utilization
more...
|
|
Company-wise, Year-wise Financial Exposure of Indian Consortium Partners in Carabobo Project 1 in Venezuela.
more...
Indicative Capex Of ONGC Up to 2014-15
more...
ONGC’s Cost In Comparison With International E&P Companies.
more...
ONGC’s Cost Of production, Margin Realised, Comparison With Oil India Ltd.
more...
Latest Retail Selling Prices - Petroleum Products as on 21st August 2010
more...
Refinery-wise Capacity Addition in XIth Plan (2007-12)
more...
Pipeline System
more...
Highlights of the proposed Petroleum & Minerals Pipelines (Acquisition of Right of User in Land) Amendment Bill, 2010
more...
Crude Oil Production under the PSC Regime for June 2010
more...
GRMs Of Indian Refineries In Last Five Years
more...
ONGC's Projects related to Development of Marginal Fields
more...
LPG imports under Parallel Marketer System (PMS) - MAY 2010
more...
ONGC’s Offshore IOR Projects under Implementation
more...
Economics for ONGC as JV partner in producing fields
more...
Sector-Wise Price of APM Gas Before and After Recent Price Revision
more...
ONGC's New Discovery In Well LNAA Of KG Basin (On-land)
more...
Role of Taxation in Pricing of Petroleum Products
more...
FDP approved Gas Production Profile in KG Basin Blocks
more...
Trunk pipelines authorized by the Government
more...
The quantity value of petroleum products imported in the country during last five years
more...
|
|
Hindustan Petroleum Corporation
more...
|
|
|
