IPI Gas Pipeline Project Heading For Fresh Trouble: India Wants Equity Stake For GAIL In Pakistan Segment Of Pipeline
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Chidambaram Forced To Rollback Controversial Tax Clause
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Chidambaram Leaves It To The Court And Lawyers
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Spot LNG For New Block : RGPPL May Go In For RIL’s K-G Gas
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Government Wrestling With Inflation
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D&M Audits ONGC’s Exploration Wells: 20 Wells May Have Missed Hydrocarbon Potential
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ONGC Seeks R&D Status For Its Block In K-K
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PNRGB Issues Public Notice To Existing Gas Distributors
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Massive Investment Of Rs 21 billion : BPCL, UP Government To Partner Bio-Diesel Value Chain
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ONGC Tries To Break Kawasaki-Solar Turbine Hold : MHN Platform Complex Tender Likely To Be Out By Early June
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ONGC’s B-193 Contract : Tender Committee Recommends Encashing Of Ramunia’s Bid Bond
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IOC To Treat Dues From Spic As Doubtful Debt
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Transportation Of LPG To Tuticorin : BPCL Signs Shipping Agreement With Caltex Gas
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Bridge & Roof Gets Contract For Oil Tank Construction
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BPCL Imports BS II Gas Oil
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Chevron Lummus Gets Contract
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OILEX
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Shiv-Vani Plans Tie-up With Link Energy
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ISPRL Not To Made A PSU
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To Meet Working Capital Requirement: IOC Seeks Approval For Increasing Borrowing Limits
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ONGC To See Gas Output Fall To Half From Bassein Field
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Cals Refineries Buys Petro Canada‘s Units for $110 Million
May 14, 2008: Cals Refineries, owned by the privately held Spice Group, has bought two distillation units and a delayed coker plant of Petro Canada for $110 million to enhance its capacity of processing complex crude oil that has high sulphur content and is heavy with density. The company is in the process of setting up about 5 more..
Finance Ministry Rejects Oil Bonds Plan
 May 14, 2008: Even as Petroleum and Natural Gas Minister Murli Deora ruled out an increase in fuel prices on Tuesday in the wake of skyrocketing international crude oil prices, the more..
Sabarmati Gas Plans Stake Sale to Raise Rs 1400 Million
May 14, 2008: Sabarmati Gas, a retail joint venture between Gujarat State Petroleum Corporation (GSPC) and Bharat Petroleum Corporation (BPCL), is planning to raise Rs 1400 million by offering equity stake to strategic partners for a premium. In April 2006, BPCL and GSPC had signed a joint venture agreement to form Sabarmati more..
Garware Offshore to Buy $15.5 Million Vessel
May 14, 2008: Garware Offshore Services is on verge of finalising a deal to buy an anchor handling tug-cum-supply vessel from Singapore for an estimated cost of $15.5 million, Sandeep P Akolkar, president-finance, has said. This buy would be over and above the company’s recent orders for five ships—three AHTSVs and more..
GAIL to Invest $810 Million in 2008/09
 May 14, 2008: The state owned GAIL India Ltd plans to invest Rs 34.10 billion ($810 million) in 2008/09. This included Rs 25.65 billion towards pipeline projects and Rs 5 billion for more..
Castrol to Keep Biofuel Engines Revving
May 14, 2008: Castrol India is in the process of preparing new oil formulations to be used in engines that run on blended fuels. These formulations will be launched when the automobile sector rolls out vehicles to run exclusively on biofuels, according to Naveen Kshatriya, managing director, Castrol India. Castrol India is in more..
Gujarat Paguthan Gets ADB Loan for Wind Energy Projects
May 14, 2008: Gujarat Paguthan Energy Corporation’s (GPEC) wind energy projects in Gujarat and Karnataka will get a loan of up to Rs 4.45 billion from Asian Development Bank. The bank has given an in-principle approval for the loan which will be used to set up wind farms at Samana in Gujarat and Saundatti in Karnataka more..
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MoU: A Measure Of Utility
Bureaucrats around the world have created a carefully-crafted lexicon – an arcane vocabulary of words and expressions that have precise connotations. Bureaucratese – the strange argot of the pen-pushing babus – has slowly seeped into public consciousness. However, these expressions are often used without a more...
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Chakrapani Manoharan Returns to IOC
 Chakrapani Manoharan, executive director of Indian Oil Corporation’s Panipat Refinery who relinquished his job a few weeks ago to take up a lucrative assignment in more...
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Emerging trends in India and China Transnational pipelines and LNG
 By R.P. Sharma, RIL.
Gas Demand in china and India - Growing Economies- China Natural Gas Trade - Global
LNG
- Pipelines
- India more...
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Interview with R.S. Sharma, Chairman and Managing Director, ONGC
 The job of chairman and managing director (CMD) of ONGC is considered a prestigious assignment. In ranking, he is slightly above the CMDs of other PSUs barring SAIL and Air India. R.S. more...
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Going for gas
The United Progressive Alliance government has done well to join the Turkmenistan-Afghanistan-Pakistan-India pipeline sponsored by the Asian Development Bank. But it should guard against the temptation of viewing of the project as a substitute for the proposed Iran-Pakistan-India (IPI) pipeline. Given high global oil prices and more...
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Rick Bott To Join Cairn India
 Rick Bott, 48, will be joining Cairn India Ltd as executive director and chief operating officer with effect from June 15, 2008. He was with Devon Energy’s international division. Rick has a more...
Ajay Tyagi
 The term of Ajay Tyagi, IAS, as secretary in the petroleum and natural gas regulatory board, is expiring in August. He is likely to get an extension of his term. Both regulatory board more...
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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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BG To Invest $ 23 Million In Mahanadi Block: DGH Clears ONGC Proposal To Give 25% Stake To BG
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FDI Touches $ 25 Billion
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India bags stake in Russia‘s Sakhalin III
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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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Oil Refineries – A Critique
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