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North America More Crucial Than Iran In Balancing Oil Trade
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India’s US Crude Oil Purchase Strategy Faulty?
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Bungled In Past Contracts, PLL wants A Sensible Deal In US
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Integrated Oil Behemoth Still A Distant Dream
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Political And Economic Impact Of Declining Oil price
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OVL Advised To Source Deals In A More Proactive Way
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Despite Drop In Consumption, LPG Demand To Surge
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Euro VI Introduction May Prompt Long Refinery Shutdowns
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Swan Energy’s Floating LNG Project In Trouble
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Additional Soft Loan For Ethanol Production
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HPCL, Rajasthan Awards Contract To McDermott
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Reliance, BP Get Key Ship On KG-D6 For Expediting Gas Output
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Modi Govt.’s Flagship Scheme Ujjwala Hits 60-Million Mark
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Deep Industries Ltd
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IOT Infra Plans To Manufacture Bio-CNG In Tamil Nadu
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Selan’s Share Buyback Plan
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Confidence Petroleum Gets License For 11 More Auto LPG Stations
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- ONGC experts bring ‘Pethai’ hit offshore drilling rig in India’s Eastern Coast to normal
- Petrotech to strengthen global oil and gas engagement –Dharmendra Pradhan
- Dr. Alka Mittal takes charge as Director (HR), ONGC
- MRPL: Extract Of Standalone Financial Results For The Quarter And Half Year Ended September 30, 2018
- MRPL Results: Highlights for the Half year (H1 FY19)
- ONGC awards contract for Integrated (SPS + SURF) Work Package for Development of its Mega Deep Water Project KG-DWN-98/2 (Cluster-2) in East Coast
- Wild Well Announces New Onsite Rig Crew Training Service
- Ground-breaking ceremony held for Wärtsilä built Hamina LNG terminal
- Drones solving safety challenges within the tank storage industry
- Petroleum Minister visits ONGC Ankleswar Asset; puts well to production
- ONGC receives prestigious FIPI Oil & Gas Awards 2017
- IPOL Lubricants Goes Global
- MRPL 2018-19 Q1 results
- GAIL 2018-19 Q1 results
- Winning Bidders Of 9th CGD Bidding Round
- ONGC Results Q1 FY’19: Net Profit ` 6,144 crore, up 58.1% QoQ
- ONGC conferred with INFRA Icon Award in the ‘Global Energy' category
- ONGC, supported by Indian Navy, braves adverse weather conditions to plug leakage in Offshore Well
- New Sales Director India for Bentec GmbH Drilling & Oilfield Systems (Germany)
- SOPAN to Provide One of the Most Eco- friendly Enhanced Oil Recovery Solutions in India
- MRPL Annual Results
- ONGC drills 503 wells in FY’18 – Highest in 27 years
- Russian Oil Company Russna Oil offers petroleum products
- ONGC fosters Solar Chulha manufacturing to fuel Indian households sustainably
- MRPL wins BML Munjal award for Business Excellence through Learning and Development
- Dharmendra Pradhan Flags Off ONGC’s Ambitious KG-DWN-98/2 East Coast Project
- OTC ASIA 2018: Red Wing Shoe Company Safeguards Oil and Gas Crews in APAC with Lighter, Purpose-Built Personal Protective Equipment
- Black & Veatch named LNG industry EPC Contractor of the Year
- ONGC commits to gender parity on International Women’s Day
- Request for Purchase Enquiry for the Supply of Stainless Steel, Carbon Steel, Alloy Steel. All Other Types Pipes, Pipefitting, Flanges, Sheets, Plates, Coils, Shims, Bars
- ONGC led Indian Consortium to acquire 10% Stake in Lower Zakum Concession, Offshore Abu Dhabi
- Subhash Kumar takes charge as Director (Finance), ONGC
- ONGC Q3 FY’18 Results: Net Profit Rs. 50.15 billion, up 15.2% QoQ
- ONGC calls for industry level approach to mitigate oil field crises
- HPCL acquisition to make ONGC third largest refining company in India – DD Misra, Director (HR), ONGC
- ONGC acquires 51.11% stake of President of India in Hindustan Petroleum Corporation Limited
- SPG, India, Jaipur 2017: 25 Years of Energizing Exploration
- A world in transformation: World Energy Outlook 2017
- Fugro Commences Renewed Ongc Survey Contract Offshore India
- ONGC declares results for Q2 FY’18; records impressive production performance
- eDrilling signs MOU agreement with Petrovietnam University
- Prime Minister Narendra Modi dedicates Deendayal Urja Bhavan, ONGC’s Corporate Office
- Union Minister Dharmendra Pradhan inaugurates Skill Development Institute at Ahmedabad
- Total’s ‘Technical Centre Asia Pacific’ Research Centre is a boost to the Automotive Industry
- Dresser-Rand to supply equipment for CNOOC Limited’s offshore projects in China
- ONGC plans to double Gas Production in next 5-6 years – ONGC CMD
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January 22, 2019: India's oil imports, volume and value since fiscal 2013-14 to September 2018. The then prevailing price of Brent, Dubai, Indian Crude Basket and share of high sulphur, low sulphur crudes. Click column Special Database for details.
January 21, 2019: India has 16,226 km- long gas pipeline network. Another 10,000 km network is under different stages of construction. Capacity utilization of LNG regasfication terminals and gas pipelines is a clear indication of the domestic gas demand. Click column Gas Scene for an update of capacity utilization of gas pipelines.
January 18, 2019: Major End use of petroleum products in India. Click Special Database for details.
January 10, 2019 | Clash Of Egos Bedevil Mega Refinery Project: The proposed 60 MMTPA refinery on the west coast looked a near reality in early 2018. It now looks a distant dream. India is used to refinery projects getting delayed inordinately but not Saudi Arabia and UAE. The visible reason for the delay is the controversy over the location of the project on the west coast in the state of Maharashtra. There are other basic issues as well. Saudi Aramco is the world’s largest oil company and Indian Oil Corporation is India’s largest. The real issues plaguing the project cannot be substantiated with documentary evidence. The project is prestigious for the Modi government. Click free access column Petro Intelligence for a comprehensive behind the scene story.
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ONGC share buyback to open Jan 29, closes Feb 11
January 22, 2019: Oil and Natural Gas Corp's (ONGC) Rs 40.22 billion share buyback programme will open on January 29 and close on February 11, the company said in its offer letter to shareholders. ONGC's board had on December 20 approved buyback of 252.9 million shares for Rs 159 apiece as part of the government plan more..
Gail India offers three LNG cargoes from Sabine Pass
January 22, 2019: Gail (India) has offered three liquefied natural gas (LNG) cargoes loading from the Sabine Pass terminal in the United States this year, two industry sources said on Monday. The Indian importer has 20-year deals to buy 5.8 million tons a year of U.S. LNG, split between Dominion Energy's Cove Point plant more..
Nayara Energy unveils $850 million expansion plan for Gujarat refinery
January 22, 2019: Russian oil giant Rosneft-led Nayara Energy on Friday unveiled a $850-million expansion plan for its Vadinar refinery in Gujarat, marking its foray into the petrochemical business. Nayara Energy, erstwhile known as Essar Oil, operates a 20 million tons a year oil refinery at Vadinar.
In the more..
Volkswagen Group eyeing CNG vehicle market for India
January 22, 2019: The Volkswagen Group is looking at the potential of introducing CNG-powered cars in India for future models. Speaking at the inauguration of the India Technology Centre in Pune for the Volkswagen and Skoda brands today, Gurpratap Boparai, Head – Volkswagen Group India, said: “There's a big more..
Petronet LNG Ltd board to consider Q3 results on Jan 31, 2019
January 22, 2019: A Meeting of the Board of Directors of Petronet LNG Ltd will be held on Thursday, 31st January, 2019 at the Registered Office of the Company at World Trade Centre, Babar road, Barakhamba Lane, New Delhi-110001 to consider and approve Unaudited Financial Results of the Company for the quarter ended 31st more..
Playing Foul with Fuel
January 22, 2019: High petrol and diesel prices have made life difficult for a large number of people, irrespective of their economic status. While relief on that front seems largely elusive, there’s another issue to be grappled with—petrol pump fraud—which has become quite common in the last few years. more..
Libcoin and BHEL to build India’s first Lithium-ion Gigafactory
January 22, 2019: Magnis Energy Technologies Limited announced that the Union Ministry of Heavy Industries and Public Enterprises has advised Bharat Heavy Electricals Limited (BHEL) and Libcoin (20% is owned by Magnis) to build India’s first Lithium-ion Battery Gigafactory. Libcoin Chairman Rajan Duggal said, “Our more..
Petrol, diesel prices hiked sharply on Monday
January 22, 2019: Petrol and diesel prices were revised upwards on Monday by major PSUs in a bid to counter a slump in rupee's value and increasing global crude oil rates. With the fresh hike, a litre of petrol costs Rs 71.14 in Delhi while diesel rate has gone up to Rs 65.71 per litre after a 26 paise hike over more..
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How To Unlock India’s Gridlocked Gas Grids Urgent Need For Transnational Gas Pipeline From Gulf To India
 by Maj. Gen. S.C. N.Jatar, (Retd)* | www.indianoilandgas.com in one of its earlier issues under column Petro Intelligence had tellingly remarked, “But it more...
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Glut In US Crude Pushes Down Price : Indian Wrestling With Options.
May 28, 2018: On Friday oil prices went down by 5 per cent. WTI $67.50/barrel; Brent 76.40/barrel.
This difference between WTI and Brent is confusing. Normally Brent should only be about $2 costlier at most. According to market experts, the lower WTI price has to do with a glut of production in the US and lack more...
IOC steps into Oman with acquisition
April 9, 2018: Indian Oil Corp (IOC), the country's largest Oil Marketing Company (OMC), recently acquired global major’s Shell's stake (of 17 percent) in the Makhaizna oilfield in Oman for more...
Some good news for the Indian partners from Mozambique
February 28, 2018: The Mozambique project in which Indian firms ONGC Videsh Ltd (OVL) and Bharat Petro Resources Ltd (BPRL) have a stake has seen some positive news of late. Anadarko Petroleum’s, (the operator) plan to export LNG from Mozambique’s Rovuma Basin through its two trains moved closer to achieving the more...
Visit of Iranian President opens a sliver of hope for Farzad-B deal?
February 16, 2018: The Indian side seems to be making one last concerted effort to revive the proposed Indian investment to develop the large Farzad-B field in Iran during the forthcoming visit of the Iranian President Hassan Rouhani to India. The field was discovered by the Indian consortium of ONGC Videsh (OVL), Oil India more...
Indian PSUs to Aggressively Pursue EOR/IOR Projects
January 31, 2018: Faced with declining production from its ageing fields and encouraged by the scheme of incentives in the newly announced EOR (Enhanced Oil Recovery) policy, ONGC and Oil India Ltd (OIL) are preparing to enhance their investment in EOR projects.
There has been no major commercial oil or gas more...
Iran Announces Deals With Countries, No mention Of India
January 29, 2018: A senior Iranian oil official has indicated that his country was looking to sign big deals with companies from Russia, Europe, China etc- but there was no mention of India. Iran was also looking to sign large deals with Japanese, Chinese and Korean companies for upgrading some of its refineries. This more...
ONGC’s Search For Producing Assets
January 17, 2018: In recent times, there has been considerable noise generated about the Government’s proposal to allow private sector firms to take equity stake in the blocks earlier given to the flagship PSU firms on a nomination basis. This was ostensibly to help increase production from these fields, as it was felt more...
CERA Week sees plenty of action
There was plenty of action at the CERA Week held in New Delhi over the past few days. It was firstly in itself notable that this forum was held in India, being normally held in Houston. In fact, the Indian Petroleum and Natural Gas Minister Dharmendra Pradhan emphasized as much and also felt that going forward, the conclave more...
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Bina Refinery In Madhya Pradesh In News Again
August 7, 2018: Bharat Oman Refineries Ltd (BORL), jointly owned by the state-owned Bharat Petroleum Corporation Ltd (BPCL) and Oman Oil Company as a 50:50 joint Venture is in the news again.
The refinery is called Bina refinery because it is located more...
Points to Ponder: Open letter to Honorable Chief Minister of Gujarat, Shri Vijay Rupani
June 22, 2018: The Baroda-based, Centre For Fuel Studies & Research (CFSR), finds that the 5000 MW Solar PV project announced by the government of Gujarat has certain basic flaws. It has, in a comprehensive letter, urged the state Chief Minister to review the project.
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Vedanta’s Various Projects Under Implementation in the Rajasthan Field
May 21, 2018: Anil Agarwal-led Vedanta through its E&P
wing, Cairn India, is the operator of India's largest onshore field in the
Barmer district of Rajasthan. Vedanta has undertaken further development of the
field.
more...
Replacing Fossil Fuel in Transport Sector – A huge challenge
May 18, 2018: The Vadodara-based, Centre for Fuel Studies and Research (CFSR), periodically brings out useful reports on various aspects of India's energy scene. Its latest report is on Replacing Fossil Fuel in Transport Sector-A Huge Challenge. Click HERE for details. more...
Status of Ethanol Blending with Petrol Program.
May 14, 2018: Ethanol Blended Petrol Programme: The Government through Oil Marketing Companies (OMCs), is implementing Ethanol Blended Petrol (EBP) Programme under which, OMCs sell ethanol blended petrol with percentage of ethanol up to 10%. In order to augment the supply of ethanol, the Government in more...
Status of Equity Oil and Gas Overseas
May 10, 2018: In order to supplement domestic availability of crude oil & natural gas, the Government has been encouraging acquisition of assets abroad. Our oil and gas companies are present in 27 countries with investments of nearly US$ 33 billion.
ONGC Videsh Limited (OVL), which is wholly owned more...
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Speech of Former Petroleum Secretary, T.S. Vijayaraghavan, on Indias Petroleum Sector
Demand & Growth:
India's Crude
Oil demand has risen from 0.65 Million Barrels a day in 1980 to 3.7 Million
barrels and will reach 4 Million by 2016. Internal production is now less than 0.8
Million Barrels a day. It more...
The KG basin price hike socialises costs and privatises profits
Why the Rangarajan Committee's complex pricing formula will inflict heavy burdens on the power and fertiliser sectors and give a private gas producer windfall profits?
The ministry of petroleum and natural gas has proposed to increase the price of natural gas from the Krishna Godavari (KG) more...
Fire From Ice: A Promising New Energy Source
Massive imports of oil and natural gas have exacerbated India’s big trade deficit, which is a hurdle to the acceleration of economic growth. Light at the end of the tunnel comes from a technological breakthrough last week by JOGMEC (Japan Oil Gas and Metals National Corporation). It succeeded in extracting natural gas more...
The Diesel Subsidy Hole
Under-recovery on diesel as per the Indian petroleum ministry website was . 10.94 a litre in February 2012 when the procurement price was . 37.80 per litre ($122.06 a barrel). The diesel under-recoveries are expected to exceed . 750 billion at average price of $95.66 a barrel while total annual shortfall due to fuel subsidies more...
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Selan Exploration Technology Appoints Arunabh Parasher as COO
 The Board of Directors of Selan Exploration Technology has appointed Arunabh Parasher as Chief Operating Officer of the Company. At Selan, Mr. Parasher will have full responsibility for the overall more...
Neeraj Sethi resigns as CEO of Selan
Neeraj Sethi, President & CEO of Selan Exploration Technology has resigned effective 15 January 2019 for personal reasons. Neeraj Sethi had been Chief Executive Officer and President of Selan Exploration Technology Limited since January 21, 2017.
Mr. Sethi was responsible for the management and more...
Handa Selected For Director Projects In EIL
PESB has selected Sanjeev Kumar Handa for the post of Director (Projects) Engineers India Limited. Handa has served as Executive Director (Technical) of Engineers India from July 2012. He holds a Bachelor of Technology (B.Tech.) degree in Chemical Engineering.
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On April 10, 2018 www.indianoilandgas.com entered the 25th year of service to the Indian and international oil and gas industry. When the hardcopy version with its masthead, Indian Oil & Gas, came out 25 years ago, India’s petroleum industry was almost totally controlled by the government. India was not rated high either as a producer or consumer of crude and petroleum products. Today, India is the world’s third largest importer of crude and second largest importer of LPG and Asia’s largest exporter of petroleum products. Without violating the government norms regarding dissemination of information, www.indianoilandgas.com has been consistently helping the industry with authentic articles and data on all areas of oil and gas industry.
To download this full article in PDF, click here |
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Clash Of Egos Bedevil Mega Refinery Project
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Saudi Tweet Stokes A Storm Of Speculation
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RIL’s Pre-emptive Surgical Strike?
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One-Buck Dilemma For Private Fuel Retailers
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Oilex Cambay JV Receives Payment From Partner
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Iran May Invest In Chennai Petroleum Expansion
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OVL Discovers Oil In Colombia
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Capacity Utilization of Gas Pipelines
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Update: PNG Connections
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LNG Import Projection By Industry Group
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Status Of Gas Pipelines Under Construction
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Trends In Domestic Natural Gas Price & International Bench Marks
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Capacity Utilization of LNG Regasification Terminals
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Domestic Gas Scene In November 2018
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Story Of Two LNG Terminals Of Petronet LNG Ltd
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CNG Growth Over The Years & CNG Sales as on 1st April, 2018
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LNG Terminals in India
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CGD Factsheet As Of Sept 2018
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A total picture about Natural Gas scene including CBM in India
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State-Wise Share In CGD Business
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Update: Sectoral Consumption of Natural Gas, LNG Import and Total Net Available Gas for Sale
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Declining Rate Of Gas Flaring In ONGC’s Fields
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Natural Gas In India’s Energy Basket
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Oil Import - Volume And Value
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Major End use of petroleum products in India
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Fuel & Loss In Indian Refineries: An Update
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Update: Distillate Yield of PSU refineries
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Bharat Petroleum Corporation’s Impressive Refining Coverage
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Update: High Sulphur (HS) & Low Sulphur (LS) crude oil processing
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Power deficit: Region-wise position for November 2018
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India Imports Less Petroleum Products In November 2018
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Crude Oil Import From OPEC Goes Up In April- November 2018
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OIL’s In-House Capabilities & Infrastructure to support E&P Activities
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Weightage of crude oil, natural gas and petroleum products in Wholesale Price Index (WPI)
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India’s Shrinking Exportable Surplus Of Petroleum Products
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BPCL’s Global Upstream Footprint
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Update: Status of blocks under NELP as on 1st November 2018
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Production Of Petroleum Products From Natural Gas / Fractionators
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Imported Crude & Domestic Crude Oil Processing
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Capacity Utilisation of Crude Oil Pipelines of IOC, OIL, Cairn, BORL, HMEL
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Declining Capacity Utilization of ONGC’s Crude Oil Pipelines
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FOB Price Of Indian Basket Of Crude Oil
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