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PETROTECH 2012
- P Chidambaram for correcting price distortion of petroleum productsFinance Minister P Chidambaram today made a strong case for correcting distortion in prices of petroleum products, especially diesel and ke...
- RIL in talks with Venezuela's oil company PDVSA to produce heavy oilReliance Industries is in talks with Venezuela's PDVSA to produce heavy oil in the South American OPEC nation, PDVSA Executive Director Fad...
- Government allows private firms to use PSU-owned jet fuel facilitiesAt most of the airports ATF supply facilities are owned and operated by oil PSUs while the land is owned by the airport authority/developer.
- Oil exports from India to Pakistan stuck on price issueState oil firms, who have refineries and oil depots near the border, can export fuel to Pakistan but they cannot sell at rates lower than w...
- India offers to build fertiliser, petrochemical units in MozambiqueIndia has offered to build fertiliser and petrochemical plants in Mozambique if the gas-rich African nation gives fuel at concessional rate...
Pakistan ready to import diesel, ATF from India at 'right' pricePak said it is willing to import diesel & ATF from India if the fuel is offered a right price, but did not say if it will lift ban on movem...- Country's emergency oil stock storages face delay: Oil India Development BoardCountry's emergency oil stockpile storage is facing a year's delay because of problems in construction of underground caverns.
- Commissioning of Cuddalore refinery by early 2014: NOCLNOCL said it has pushed back commissioning of its Rs 11,500 cr oil refinery at Cuddalore in TN by one-and-a-half yrs to end-2013 or early 2...
- BP considering LNG imports to India through joint venture with Reliance IndustriesBP Plc is exploring options for importing LNG into India through its joint venture with Reliance Industries, a senior company official said...
- India to keep Iran oil shipments at current levelsAfter relegating oil imports from Iran, India said it plans to keep shipments from the West-Asian nation, which is facing the US sanctions,...
- Oil companies stop producing premium petrol, dieselState-owned oil companies have virtually stopped producing premium or branded petrol and diesel as sales have plunged due to huge different...
- Nelp-X will be launched by December 2012: Jaipal ReddyIndia plans to launch the 10th bidding round of oil & gas exploration blocks by the end of this yr after making some investor-friendly chan...
- Govt approves bulk of delay-hit 52 oil & gas blocksThe government has cleared a bulk of the 52 oil and gas blocks that were stuck for want of defence and environmental clearances, Oil Secret...
- Oil block auction launch after exploration policy revamp: GovtIndia's previous nine bid rounds under NELP have been lacklustre with global biggies staying away because of issues like tight regulations ...
- Biennial event Petrotech will be held in OctoberIndia's showcase of the country's hydrocarbon sector, Petrotech-2012, will have a special ministerial session attended by oil ministers of ...
- Nigeria willing to raise oil exports to India: DeoraIndia’s energy demand would increase by over 40% in the next 10 years but supply from its ageing oil-fields was expected to increase around...
- GAIL, Petronet eye stake in Nigerian LNG projectsGAIL India and Petronet LNG Ltd are eyeing stake in liquefied natural gas projects being built in Nigeria to secure supplies for burgeoning...
- ONGC plans to invest $10 bn in gas discoveriesState-owned Oil and Natural Gas Corporation plans to invest over $ 10 billion in bringing to production gas discoveries off the east coast,...
- Home oil supplies in mind, PM tells oil cos to buy foreign assetsIndia’s energy demand would increase by over 40% in the next 10 years but supply from its ageing oil-fields was expected to increase around...
- NOC to commission Rs 7k cr Cuddalore refinery next yearNagarjuna Oil Corp (NOC) on Monday said it will commission its Rs 6,960 crore Cuddalore refinery in Tamil Nadu by the end of 2011.
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