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 3, 2010: Upstream major Oil and Natural Gas Corporation intends to enhance its capital expenditure in coming years. Capex is estimated to go up significantly in all areas except in Research and Development where the growth is marginal. We have obtained indicative Capex of ONGC up to 2014-15. Click Special Databases for details.
September 1, 2010: www.indianoilandgas had reported India’s upstream major ONGC’s production cost and compared it with that of Oil India Ltd, another state-owned upstream company. Now, we have obtained comparison of cost with international oil majors. Click Special Database for details.
August 31, 2010 : In an exclusive piece for www.indianoilandgas.com, Surya P Sethi, an acknowledged energy expert and former Principal Advisor (energy) of Planning Commission, raises certain disturbing questions about the Cairn-Vedanta deal. Click Column IOG Exclusive ‘Disturbing Questions On Cairn-Vedanta Deal’ for details.
|
|
GSPC blames tech partner, says DD block spending rose 10 times
September 3, 2010: Gujarat State Petroleum Corporation (GSPC) which is at loggerheads with its Canadian partner GeoGlobal Resources has said it spent 10 times more than initially planned. GSPC in a communique to Geoglobal said, it spent $1.29 billion against $109.7 million, estimated in 2002. The state-owned energy major has more..
PESB to hold ONGC chairman interview on October 19
September 3, 2010: The Public Enterprise Selection Board will hold interviews to select the next Chairman and Managing Director of Oil and Natural Gas Corporation (ONGC) on October 19. The board will interview Ravi Narayan Bastia, the man who discovered India’s biggest gas field, and nine others who have applied more..
PESB to hold interviews for IOC chairman
September 3, 2010: PESB will hold interviews to select the new Chairman of Indian Oil Corp (IOC) on September 29. Butola and the Bharat Petroleum Corp (BPCL) Director (Refineries), R.K. Singh, are among the 17 candidates in the fray. Srivastava, the Oil India Director (Finance), T.K. Ananth Kumar, the Hindustan Petroleum Corp more..
HPCL CMD to hold addl charge as Director (Marketing)
 September 3, 2010: Hindustan Petroleum Corporation Ltd has informed BSE that as per the Government order, that the company Chairman and Managing Director, S. Roy Choudhury, more..
Welspun bags Rs 7-billion new pipe contracts
September 3, 2010: Welspun Corp Ltd, the flagship company of the $3-billion Welspun Group and the second largest line pipe company in the world, has won new pipe orders worth Rs 7 billion (about 120,000 tons) from the domestic and international markets. According to BSE announcement, these orders are likely to be executed in more..
Ethanol-blended petrol to be available from October
September 3, 2010: Ethanol-blended petrol, rated as green fuel, is set to be launched in the country from the first week of October. Vijaysinh Mohite-Patil, chairman of the Ethanol Manufacturers' Association of India, said, "The country's demand for ethanol is 1050 million litre and ethanol manufacturers have more..
Tata Power-led consortium to set up 240-mw project in Indonesia
September 3, 2010: A consortium led by Tata Power, India’s largest private power utility, will develop a 240 mw-geothermal power project in Indonesia. Since the programme would involve building units of various sizes, the total cost of the project will range from `29 billion to `38 billion , according to a senior more..
Sugar industry commits one bn litre ethanol supply
September 3, 2010: Expecting better cane production in the next sugar year, mills have committed to supplying one billion litres of ethanol to oil marketing companies for blending with petrol. "In order to achieve the mandatory five per cent blending programme, oil marketing companies require 860 million litres of 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...
|
|
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 48 more...
MRPL To Set Up Offshore Single Point Mooring In Alliance With ISPRL..
 August 19, 2010 : MRPL, an ONGC subsidiary, has proposed to set up an offshore Single Point Mooring (SPM) at an estimated cost of Rs 10.43 billion for receiving Crude Oil.
MRPL visualizes a 15 more...
ONGC To Cancel Contract To EGS (India) On Defence Ministry’ Advice
August 17, 2010: India’s Defence Ministry is not in favour of business deals with Hong Kong-based companies in certain sensitive areas suspecting Chinese connections.
The state-owned, Oil and Natural Gas Corporation (ONGC), through an international tender awarded a contract for Metocean data collection on 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...
|
|
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...
|
|
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...
Estimated cost, completion Schedule and Technologies Used By India’s Strategic Crude Storage Facilities.
more...
The percentage increase in international oil price & domestic retail prices since dismantling of APM
more...
|
|
Hindustan Petroleum Corporation
more...
|
|
|
