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Unpredictable Geopolitical Issues Can Keep Crude Prices High
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Revival Of Burden Sharing Mechanism Cannot Be Ruled Out
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Proposed Gas Trading Hub A Forerunner To Freeing Of Gas Prices?
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Will OPEC Drop Asian Premium Charged On Oil Supplies?
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Risk Of Owning Oil Assets in Unstable, Insecure Places
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ONGC’s Tryst With Deep Water Exploration & Production
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India’s Gas Sector Suffers From Sisyphean Syndrome
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Kochi Refinery Emerges PSU’s Largest, Most Complex
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CBM Production Picks Up, Coal India Gets Policy Relaxation
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PSU Power Major NTPC Promotes Renewable Energy
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H-Energy For Early Startup Of Jaigarh LNG Terminal
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Essar Oil UK Completes Refinery Upgradation
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Nagarjuna Oil Corp To Be Liquidated
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India Becomes Second Largest LPG importer
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Norwell Engineering
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Oil India Gets Its First Patent
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L&T Tech Services Inks Pact With ExxonMobil
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Adani Inks Pact With IOC To Offer LNG Re-Gasification Services At Dhamra
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Govt Invites EoI For Strategic Sale Of Bharat Pumps
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- 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
- Comments on draft National Energy Policy by Ajit Kapadia & Kirit Naik of CFSR - Part II
- Comments on draft National Energy Policy by Ajit Kapadia & Kirit Naik of CFSR - Part I
- ONGC declares results of Q1 FY’18; Reports 10.8% increase in Gas Production and 2.9% increase in Crude Production (QoQ)
- Black & Veatch wins India's first floating LNG project
- ONGC launches ‘Cleanathon Himalaya’ to clean three important tributaries of the Ganges
- MRPL 2017-18 Q1 results
- MRPL: Extract of Unaudited Standalone Finance Results for the Quarter Ended June 30, 2017
- ONGC posts net profit of Ra. 179 billion for FY’17, up by 10.9% YoY
- GAIL’s PAT up 57 % in FY 2016-17 year-on-year, touches Rs 35.03 billion
- MRPL: Extract of Financial Results for the quarter and year ended March 31, 2017
- MRPL: Unaudited Financial Results for the fourth quarter of FY 2016-17
- Gulf Petrochem Group Marks First-Ever Bunker Supply by Barge at Indian Port of Paradip in Odisa
- ONGC Exploration Highlights : 2016-17
- Statoil awards eDrilling contract for Automated Monitoring
- Essar Oil reports robust refining and retail growth in FY 2016-17
- Paradigm Expands its High-definition Software Suite in the Paradigm 17 Release
- Scientists Discover Electric Leopard
- Blackmer® Releases GNX & GNXH Series Pumps
- iEnergy Digital and eDrilling announce partnership to provide solutions for real time drilling excellence
- Prime Minister dedicates ONGC Petro additions Ltd (OPaL) Plant to the nation
- ONGC Board approves development of five projects with an investment of Rs.73.27 billion. Notifies 18 discoveries so far in FY’17
- S&P Global Platts to Reflect Norway's Troll Crude Oilin Brent assessments from January 2018
- Award of 31 Contract Areas under Discovered Small Field 2016
- Oilfield Helping Hands named 2017 beneficiary of OTC Distinguished Achievement Awards Luncheon
- India showcases World Delegates with the success of its unprecedented initiative of LPG penetration reaching 72%
- Low carbon technologies are now cost competitive with fossil fuels in report from Lloyd’s Register
- Economic Survey 2016-17
- Andhra Pradesh offers Single Window Service to ONGC operations
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April 26, 2018: City Gas Distribution (CGD) sector in India is estimated to grow at a faster pace in coming years. Already, the sector has been registering a growth in consumption of gas. Mahanagar Gas Ltd (MGL), a major CGD player, has made a projection about the CGD sector's growth up to 2025. Click column Gas Scene for details.
April 25, 2018 | India: Going From A Pawn To A King On The Oil Chessboard. In international relations, it is good to know the art of wooing, but to be wooed is certainly better. Since the oil boom of the 1970s, India, in its own diplomatic style, first as the leader of the third world and later as a significant importer of crude, tried to attract investment from the oil rich Middle East countries. They seldom responded. Now, they are in the queue to seize a space in the rapidly growing Indian market. India has emerged as the world’s third largest importer of crude and its economy is rated as the fastest growing. Success matters and it matters a lot. Rise and fall is an inevitable part not only in the history of nations but also in commodities’. But what is being witnessed now has a very strong geo-political driver as well. What could that be? Who is trying to edge out whom? Whose brain could be behind the strategy ? Click the Free Access column Petro Intelligence to read an exciting report.
Going by the fundamentals, crude price should not go beyond $ 70 a barrel, but the turmoil in the Middle East has been sending it up. Will the Modi government revive the burden sharing mechanism if crude prices continue to rise? Column Policy has as many as five exclusive reports.
India’s domestic gas scene is witnessing a Sisyphean syndrome. Deep water has been a problem for ONGC and its attempts to overcome that. Column Regulation has four interesting reports.
April 24, 2018: Domestic gas scene continued its dismal performance in March 2018. ONGC's production was below the target. So was the case with private parties. Oil India alone exceeded the production target albeit marginally. LNG import registered an increase. Click column Gas Scene for details.
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GAIL India likely to be split ahead of setting up natural gas exchange
April 26, 2018: The Indian government is likely to split national gas infrastructure and marketing major GAIL India into separate entities, with one controlling pipeline construction and operation and the other natural gas marketing. The proposal comes in the wake of the Indian government moving ahead to set up a gas trading more..
BPCL seeks LNG cargoes for July 2018-March 2019
April 26, 2018: Bharat Petroleum Corp Ltd has issued a tender seeking four liquefied natural gas (LNG) cargoes for July 2018 to March 2019 delivery, two industry sources said on Wednesday.
The cargoes are for delivery in July, September, December and March into the Dahej terminal, one of them said. The tender closes on April 26 with offers more..
Iran dismisses reports of decline in oil exports to India
April 26, 2018: The Iranian Ministry of Petroleum has denied claims of recording a drop in its oil exports to India, confirming that it actually saw 700,000 barrels per day (bpd) in April. Reuters reported exports to India to have reached a 15 percent decline, as a response, the ministry declared "this volume of Iranian more..
RIL’s high borrowing costs a sign of India Inc’s troubles going ahead
April 26, 2018: If Reliance has to shell out about one percentage point more for short-term money, after some time the bond market could be out of bounds for many lower-rated firms altogether, experts say. At a time when the policy repo rate is at 6 per cent and three-month government treasury bills are trading at 6.15 per more..
Hydrocarbon sector: Import intensity on the rise despite PM’s roadmap for relief
April 26, 2018: In March 2015, speaking at the global hydrocarbon meet ‘Urja Sangam’ here, Prime Minister Narendra Modi delivered a passionate call for time-bound reduction in India’s onerous import dependence for oil and gas. He also set a target for the stakeholders to reduce the country’s import more..
MNGL eyes PMC areas to expand piped natural gas connection reach
April 26, 2018: The Maharashtra Natural Gas Limited (MNGL) has shifted focus to areas in the city civic limits from Pimpri Chinchwad to increase its piped natural gas coverage. Even as MNGL had embarked on the piped natural gas project in Pimpri Chinchwad Municipal Corporation (PCMC) areas, the state-owned company added over more..
Oil Price Hike: Modi Govt Confronts India’s Age-Old Oil Dilemma
April 26, 2018: Prices of petroleum products in India are at multi-year highs. In the case of petrol, prices are at their highest in four years. For diesel, now decontrolled, prices are at a record high. Apart from rising global oil prices (Brent crude has hit $75 per barrel), high taxes on petroleum products are feeding into more..
HPCL launches premium Power 99 petrol in Mumbai
April 26, 2018: Hindustan Petroleum Corporation Ltd (HPCL) today launched its premium Power 99 petrol in Mumbai. The fuel, which has an octane rating of 99, which is currently the highest octane-rated petrol in India, is targeted at high-end cars and two-wheelers to help increase their engine life. Regular petrol in India has more..
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Overhaul Energy Strategy Introduction
by Maj. Gen. S. C.N. Jatar, (Retd)*| “Climate Change” is a major challenge facing the fossil fuels industry today. Globally fossil fuels supply more than 75 per more...
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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...
Hydrocarbon Re-assessment Exercise Progressing As Scheduled
The multi-organisation team comprising Oil and Natural Gas Corporation (ONGC), Oil India Ltd (OIL) and Directorate General of Hydrocarbons (DGH) has been carrying out the exercise of reassessing hydrocarbon resources in the country.
According to official sources, as on March 31, 2017, the team has completed more...
LNG sector continues to see considerable action
The LNG space in India seems to be hotting up, owing no doubt at least in part to the fact that LNG prices are expected to remain relatively subdued for the next few years due to the several new LNG supply projects scheduled to come on-stream. Besides entities in the oil and gas value chain such as PSUs ONGC, GAIL (India) more...
Chinese firm acquiring part of Rosneft has implications for India
In a recent interesting development, it has been reported that Chinese conglomerate CEFC is purchasing a 14.16 percent stake in Russian oil major producer Rosneft, one of the largest oil producers in the world. The stake sale is not from the Russian Government, but from the consortium of Glencore and the Qatar Investment more...
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Rooftop Solar-Generating Power where it is used adding to reliability of power
April 20, 2018: Fossil Fuel industry is facing a serious threat from Solar Energy which has been growing at an amazing speed in recent months. The Baroda-based, Centre for Fuel Studies & Research (CFSR) has come out with a report: “Rooftop Solar-Generating Power where it is used adding to reliability of power”. The Report should be more...
Successful Refinery Performance Improvement Program
April 13, 2018: A number of public refineries in India are fairly old with out-dated technologies. Instead of scrapping them, the public sector companies have been upgrading technologies of these refineries .The result is claimed to be highly positive.
The Centre for High more...
Policy Paradox: Left Hand does not know what right hand is doing!!!
April 6, 2018: The Vadodara-based, Centre For Fuel Studies And Research (CFSR), has forwarded to www.indianoilandgas.com a copy of its report examining the policy paradox in the energy sector. The report makes interesting reading.
Click below links for more...
Larsen & Toubro
March 27, 2018: Larsen & Toubro (L&T) is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. L&T addresses critical needs in key sectors - Hydrocarbon, Infrastructure, Power, Process Industries and Defence - for customers in over 30 countries more...
Action on Climate Change- Better Late than Never
March 9, 2018: The Vadodara-based Centre For Fuel Studies and Research (CFSR) has prepared a report on Climate Change. The Report has been given to www.indianoilandgas.com for the benefit of its subscribers. Click HERE to read Report.
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Agreement to acquire stake in ADNOC’s concession significant for India
 February 13, 2018: In a significant development during the visit of Indian Prime Minister Narendra Modi to the United Arab Emirates (UAE), ONGC Videsh Ltd (OVL) and its partners 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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Sanjay Kumar Moitra Takes Charge As Onshore Director Of ONGC
 Sanjay Kumar Moitrahas has taken charge as Director (Onshore) of Oil and Natural Gas Corporation (ONGC). As Director (Onshore), he will look after oil and gas production from ONGC's onshore more...
V.K. Mishra is The New Director Finance At Petronet LNG
 Vinod Kumar Mishra has taken charge as Director (Finance) at Petronet LNG. Prior to joining Petronet LNG, Mishra was Chief General Manager (Finance) at GAIL (India). Mishra possesses a more...
Cairn Appoints Three Health, Safety Executives To Strengthen Practices
Vedanta Cairn Oil and Gas said it has appointed three senior executives with diversified experience from across the globe to further strengthen the company's health and safety practices across various functional areas.
Kaushik Das has joined as the Chief Health & Safety Officer-Onshore for 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.
To download this full article in PDF, click here |
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India: Going From A Pawn To A King On The Oil Chessboard
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Refinery Talks With Aramco: What’s At Stake?
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Rocky Ties With Iran
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More Crude Caverns: Will The Private Sector Bite The Bait?
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BP And RIL Sanction Second Phase Of KG D6 Development
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BG Divests Part Of Its Stake In Mahanagar Gas
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Indian Oil and Gas Consortium Receives Israeli Drilling License
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BPCL Mulls Starting Oil Trading Office In Singapore
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CGD Sector’s Projected Growth In Coming Years
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Domestic Natural Gas Scene in March 2018
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Update: Source-Wise LNG Imports and List of Importers in February 2018
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Sector-wise Gas Consumption of Domestic Gas and RLNG in January 2018
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A National Gas Grid Still Far Away, But Making Progress
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India’s Cautious Shale Exploration
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Gas Sourcing & Sector Wise Supply – up to Q3 FY 2018
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CNG/PNG: Attractive Fuel Economics
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PNG Status As On October 1, 2017
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CNG activities in India as on 1st October, 2017
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Gas Sector Growth - China and India
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Gas share in Energy-Mix India
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Gas Share in Energy in select countries
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Domestic Gas Prices in recent months
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Gas pipelines under execution / construction as on 1st November, 2017
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Capacity Utilisation of Gas Pipeline Network as on 1st October, 2017
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Status of Coal Bed Methane Gas development in India (Sept 2017)
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Exploratory Efforts By ONGC And OIL, Private Parties/JVs
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Appraisal status of Indian Sedimentary Basins
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Basin-Wise PEL & PML With Private/ Joint Venture Companies as on 1st January, 2018
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PEL and PML held by ONGC and Oil India Ltd as on 1st January, 2018
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India’s Sedimentary Basins & Their Contribution To Oil & Gas Production
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Region-Wise Import Of Crude In February 2018, OPEC Share Continues To Dip
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Foreign Direct Investment Inflows: An Update
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Power Situation In February 2018
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Update on Cairn India Ltd’s producing Barmer block, Rajasthan
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14 Oil & Gas Field Development Projects under implementation of ONGC
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Basin-wise break-up of proven and estimated hydrocarbon reserves
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ONGC Crude Oil Production Projection by 2022
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Break-up of Petroleum Products Consumption (PSU and Pvt.)
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ONGC Takes Up 6 Major Projects worth Rs 77 Billion
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India’s Declining Self-Sufficiency in petroleum
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Rising Share of High Sulphur Crude
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Gross Refining Margins (GRM) of refineries
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Reliance Industries Limited
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Bharat Petroleum Corporation Ltd
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