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UPSTREAM ENERGY REFORMS
ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...- Buy, Sell or Hold: RIL remains Morgan Stanley's top pick; remains underweight on Oil IndiaBrokerages remain selective on India's energy sector, favouring companies with strong growth drivers and attractive valuations. Morgan Stan...
- Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...
- Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
- Lessons from Hormuz crisis: Vedanta’s Anil Agarwal shares how India can break the 88% crude dependency cycleRecent Strait of Hormuz tensions reveal India's deep dependence on imported oil. Vedanta Chairman Anil Agarwal stresses India is under-expl...
- Reliance, Essar top bidders for coal-based methane gas exploration blocksThe bidding frenzy for coal-bed methane blocks heats up as Reliance Industries and the Essar Group step into the ring. The Directorate Gene...
- India aims to attract USD 100 bn in investment, expand exploration acreage: Srikant Nagulapalli DGHIndia is targeting significant growth in its energy sector. The nation plans to attract USD 100 billion in investments by 2030. Exploration...
- India’s energy sweet spot meets a reform reality check as India Energy Week opensAs India Energy Week opens in Goa, India is in a favourable energy position with ample oil supply, easing prices, and a coming LNG supply b...
- BP bets on NEC-25 for gas surge, credits PM Modi's reformsBP Plc is targeting increased natural gas production in India, spurred by recent government reforms. The company, in partnership with Relia...
- Energy giant ExxonMobil keen on India, seeks legal shield"What we are looking to do in the Indian upstream is to move from 'very interested' to 'committed'," Monte Dobson, lead country manager-Sou...
- Time to wean India off imported energyGoI should consider direct benefit transfer for city gas distribution (CGD) and fertiliser companies to address affordability, subsidies an...
- More reforms in offing to raise private participation in oil, gas fields, says Oil SecyTalking to reporters at the end of the India Energy Forum of CERAWeek, he said companies will have to learn to live with low prices.
- Oil minister rules out upstream oil gas regulatorThere are two regulatory bodies in the oil and gas sector - the Petroleum and Natural Gas Regulatory Board, which is a regulator for downst...
- Urjit Patel's energy connectionPrior to his appointment as the deputy governor at the RBI in January 2013, Patel was advisor (energy & infrastructure) at The Boston Consu...
- Reliance Industries signs pact with Mexican firm PEMEX for oil and gas huntRIL & PEMEX will also share expertise & skills in relevant areas of oil & gas industry, including for deep-water oil & gas exploration & pr...
- Advise to buy auto and energy PSUs stocks: Gaurav MehtaWe think that the markets will be looking to look beyond the auto mute that has happened in this month.
- Challenges for India Inc to continue in 2014: Moody'sReflecting macroeconomic challenges over the next 12 months, Moody's expects challenges for non-financial corporates to continue in 2014.
- BPCL, HPCL on declines look like a good bet: Mayuresh Joshi, Angel Broking"Also, Reliance should more or less stay in a range and among the upstream companies ONGC looks like a good bet as well," Mayuresh Joshi sa...
- Pvt funds to enter China's financial,railway,energy sectors:LiChina's new Premier Li Keqiang pledged to deepen comprehensive reforms to revitalise the world's second largest economy.
- India needs $150 bn investment in energy sector in 5 yearsA KPMG and CII report states that with a targeted GDP growth rate of 10%, energy requirement is expected to grow at 6.4-8.0%. Increase take...
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