Policy
A Direct Deal With Trump Can Let Iran Off The Hook
more...


India To Deepen Ties With Russia In LNG Production, Supplies
more...


Perils Of Deregulation Of Petrol And Diesel Prices
more...


Retailing Of LNG For Long Distance Transportation A Focus Area
more...


Consumer Unlikely To Benefit By Competition In Fuel Retailing
more...

Regulation
OVLís Organisation, Systems and Processes To Be Strengthened
more...


Extension Of Barmer PSC: Who Outwits Whom?
more...


Limited Scope For Private Players In LPG Marketing
more...


CGD Majors MGL, IGL, GGL Get A Rival In Adani Gas Ltd
more...


CPCB Pulls Up Oil Marketing Companies
more...

Alternative Energy / Fuel
BPCL Setting Up Bio Fuel Plant In Odissa To Produce Ethanol
more...

New Projects
OMCs Select Hughes India To Enable Retail Automation
more...


Kreuz Subsea Wins Contract From ONGC
more...


ShapoorjiPallonji, Royal Vopak to set up LPG terminal in Gujarat
more...


LNG Import Terminal At Ennore To Be Commissioned This Month
more...

Market Watch
Puma Energy Seeks License For Retail Fuel Sales In India
more...


OMCs Sign LPG MoU With Government Services Body CSC
more...

Companies
Puma Energy
more...


BPCL Kochi Launches Speciality Product Of Food Grade Quality Hexane
more...


Cairn India To Invest $4 Bn In Rajasthanís Barmer Oil Block
more...

Press Release [FREE Access]
Latest Exclusives

November 14, 2018: The total number of Geographical Areas (GAs ) for City Gas Distribution (CGD) has increased to 179 after the recent award of additional 86 GAs ( two pending) under the ninth round. Both CNG and PNG segments have seen good growth. Click column Gas Scene for the latest CGD Factsheet.


November 13, 2018: A total picture about Natural Gas scene including CBM in India since FY 2015-16 to April-June 2018. Production onshore/offshore, company-wise, own consumption, net availability for sale, import, sector-wise demand and consumption. Click column Gas Scene for details.


November 12, 2018 | India Needs Affordable LNG: The natural gas consumption in India is confined to the creamy layer of the domestic industry. The government decides gas allocation which is linked to the availability of pipelines. India is now striving to raise the share of gas in energy mix from 6.2 per cent to 15 per cent by 2030. In the absence of a transnational pipeline to supply gas, the country will have to depend on imported LNG. The originally negotiated LNG price with RasGas of Qatar, based on Petronet LNG Ltd’s tender specification, was around $4 /MMBTU. This got scuttled and ended up paying up to $14/MMBTU before it was re-negotiated. India cannot afford costly LNG. If the market is to be tapped to its full potential, the game will be price. LNG would catch fire and take off at or below $5/MMBTU. Experts say industrial houses such as Tatas, SharpoojiPallonji, Mahindra or Piramal should enter the scene. It can be done. Click Free Access column Petro Intelligence for details.

Today's News [FREE Access]
Adnoc inks two major deals with Aramco, Indian firm
November 14, 2018: Abu Dhabi National Oil Company (Adnoc) on Monday signed a deal with Aramco to explore investments improve in gas and LNG to expand its revenues and also inked a deal with an Indian firm to store oil in the state of Karnataka. Dr Sultan Ahmed Al Jaber, UAE's Minister of State and Adnoc Group CEO, and   more..


MEIL Forays Into Oil and Gas Exploration
November 14, 2018: Megha Engineering Infrastructure Ltd. (MEIL) has bagged two mega off-shore oil fields in Gujarat and Assam. The Cabinet Committee on Economic Affairs has approved Discovered Small Field (DSF) 31 fields to the competitive bidders. MEIL has bagged two of them in highly competitive bidding. "Megha   more..


Vedanta to invest USD 4 billion in oil and gas sector in 2 years: Anil Agarwal
November 14, 2018: Ruling out the possibility of entering the power and petroleum retailing businesses, Vedanta chairman Anil Agarwal on Monday said it wanted to explore the oil and gas business in a big way. The company, he said, will be investing around $4 billion in this sector over the next two years. “There will a   more..


Adani gets SC nod to supply natural gas to three areas in Ahmedabad
November 14, 2018: The Supreme Court on Monday allowed Adani Gas to supply natural gas to commercial and industrial units in the areas of Sanand, Bavla and Dholka of Ahmedabad district of Gujarat till further orders. However, it refused to allow Gujarat Gas to go ahead with the work of laying pipelines for the three areas   more..


Oil India gains 3% post Q2 results, share buyback plan
November 14, 2018: Shares of Oil India were up by 3% at Rs 205 per share on the BSE in early morning trade after the company reported a 33% year-on-year (Y-o-Y) growth in its standalone net profit at Rs 8.62 billion in September quarter (Q2FY19). The state-owned oil exploration & production firm had a profit of Rs 6.46   more..


India Presently 3rd Largest Energy Consumer In World
November 14, 2018: The Union Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship Shri Dharmendra Pradhan has invited the private investors to participate and make the most of the India growth story. Speaking at the roadshow for Discovered Small Field-II bids in Abu Dhabi on Monday, he said that   more..


Abu Dhabi Signals Global Ambition With 2 Million-Barrel Oil Hike
November 14, 2018: Abu Dhabi signaled its ambitions to send more oil and gas around the world as it woos investors to fields at home and hunts for assets abroad. As state-owned Abu Dhabi National Oil Co. taps partnerships to raise domestic oil output, it’s seeking refineries and other assets overseas to ensure future   more..


Petrol, diesel prices slashed further today. Check rates in top cities
November 14, 2018: As crude oil rates remained bearish, petrol and diesel prices continued to slid further today by 12 paise and 13 paise, respectively. While petrol is at its lowest since September, diesel prices are at their lowest since the first week of September. A litre of petrol costs Rs 77.43 in Delhi, Rs 82.94 in   more..

Petropulse / Guest Column
How To Unlock Indiaís Gridlocked Gas Grids Urgent Need For Transnational Gas Pipeline From Gulf To India
Maj. Gen. S.C.N. Jatarby 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...

IOG Exclusive
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...

ONGCís 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...

Special Reports
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.   more...

Vedantaís 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 Ė 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...

Views
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...

Personalities
Ms Dasgupta appointed Senior Adviser, Petroleum Ministry
Ms Sushmita Dasgupta (IES:1985) has been posted as Senior Adviser, Ministry of Petroleum & Natural Gas. She replaces Ms Urvashi Sadhwani (IES:1982). Earlier, Ms Dasgupta served as Senior Adviser (HAG post) in the Department of Commerce. Dasgupta who holds a bachelor and masters degree more...

Ravi, Adviser (Security) At Indian Oil Given Extension
B.K. RaviDeputation tenure of B K Ravi was extended for a period of two years w.e.f. 09 November 2018. Currently, Ravi serves as Adviser (Security) in Indian Oil Corporation Limited. Ravi more...

Indian Petro Scene - In a Nutshell
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
Petro Intelligence [FREE Access]
India Needs Affordable LNG
more...

When A Total Eclipse Overshadows Exxonís Ambitions
more...

Darker Truths Behind Roadblocks To Mega Refinery
more...

Kuwait Petroleum Finds The Going Tough
more...

Foreign Investment
Regulator Approves Sale Of Mukesh Ambaniís Pipeline To Brookfield
more...

Overseas Investment
WFW Advises Aban Singapore On North Sea Blocks Acquisitions
more...


PDVSA Ships $35 Million Oil Cargo To Pay Dividends To ONGC
more...

Gas Scene
CGD Factsheet As Of Sept 2018
more...


A total picture about Natural Gas scene including CBM in India
more...


State-Wise Share In CGD Business
more...


Update: Sectoral Consumption of Natural Gas, LNG Import and Total Net Available Gas for Sale
more...


Domestic Gas Scene In September 2018
more...


Declining Rate Of Gas Flaring In ONGCís Fields
more...


Natural Gas In Indiaís Energy Basket
more...


Domestic Natural Gas Price & Global Natural Gas Price trends
more...


Updatew: Existing Gas Pipeline Network, Gas Pipelines Under Execution
more...


Gas pipeline network update
more...


An Update : Capacity Utilization of LNG Regasification Terminals
more...


Domestic Gas Prices & International Gas Prices
more...


Roadmap to setting up a functional Gas Marketing Hub in India
more...


Domestic Gas Scene In totality In Last 3 Years
more...


Month-Wise, Sector-Wise Consumption of Domestic Gas, R-LNG 2017-18
more...


LNG imports have consistently increased over the years
more...


15% Share of Gas in Primary Energy Mix Ė What it Translates to
more...


Salient Features of LPG Profile In Fiscal 2017-18
more...

Data Section
Monthly Upstream Data
Monthly Downstream Data
Historical database
Data Archives
Special Database
Oil and Gas Separation, Refineries, Gas Processing Plants, Olefin and Aromatic Mother Plants
more...


Update: Distillate Production in Indian refineries, total and break-up
more...


India: Oil Import - Volume, Value and Price USD / Barrel
more...


Power Shortage Situation In September 2018
more...


Update: Indiaís Crude Refining Capacity , Company-wise, Refinery-Wise As On August 1, 2018
more...


Indigenisation Level Of Hardware in Gas Transportation - LNG, Pipelines
more...


Petroleum Products Import In September Registers Impressive Growth, Export Declines.
more...


Crude Oil Imports Register Modest Increase In September, OPEC Share Down
more...


Status of blocks under NELP (as on 1st April, 2018)
more...


PNG connections, CNG stations and CNG Vehicles - An update
more...


Oil Indiaís Short Term Growth Plan
more...


Indiaís Consistently Shrinking Self-Sufficiency in Petroleum Products- An Update
more...


Oil Indiaís Long Term Plan
more...


Price Variations In Indian Basket of Crude Oil In September 2018
more...


High Sulphur (HS) & Low Sulphur (LS) crude oil processing (MMT)
more...


Oil Indiaís Competitive Cost Structure
more...


Financial Details Of Oil Companies (FY 2017-18)
more...


Imported Crude & Domestic Crude Oil Processing (FY 2013-14 to 2017-18)
more...

Tenders [FREE Access]
ONGC
more...


ONGC
more...

  contact us   privacy statement   terms of use    India Biz Database - all rights reserved