India at "take off" stage: Dramatic shift in consumption in 2015 sets the trend

There is a dramatic shift in consumption of petroleum products in 2015. Year on year demand growth has jumped up to..http://goo.gl/WNluOb

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India at "take off" stage: All major parameters point to an upsurge
India at "take off" stage: Manufacturing sector performance may come as negative
India at "take off" stage: Exports to fall, petrol imports to rise
India at "take off" stage: Naphtha regains importance

Chinese muscle power: India is a long way from matching it

ONGC bosses and the mandarins in Shastri Bhavan who run India E&P giant can pick up a lesson on two from their Chinese counterparts who run companies much larger than the size of ONGC.
8Sinopec is the world's second largest oil and gas company and it has done a remarkable job of driving growth while cutting costs.
8Despite a dramatic crash in oil prices that lead to a..http://goo.gl/WNluOb 

Gas markets will be in turmoil again: Spot price declines to $4.5/mmbtu

The ex-ship spot LNG prices have declined to $4.5/mmbtu in the face of a global LNG supply glut and this has unleashed all kinds of possibilities for India..http://goo.gl/WNluOb

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Gas markets will be in turmoil again: New commissioning schedules for LNG terminals
Gas markets will be in turmoil again: New pipeline alignments
Gas markets will be in turmoil again: Tariff rates slashed
Gas markets will be in turmoil again: LNG prices to remain low until 2030, says new study
Gas markets will be in turmoil again: Demand slow down expected after 2020
Gas markets will be in turmoil again: Middle East will retain stranglehold in India with predatory pricing

North East thrust: Executive Committee appointed to follow through Vision 2030 document

As Assam heads to elections, the petroleum ministry has announced a 12-memeber Executive Council which will implement the..http://goo.gl/WNluOb

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North East thrust: Rs 10,000 crore of investments planned every year
North East thrust: Large business opportunities exist

ONGC cuts KG Basin capex by 35%: Hard bargaining pushes down cost

Hard bargaining with equipment and service providers has brought down the cost of ONGC's investment in the KG-DWN-98/2 block by as much as 35%. The price tag of the investment has comes to..http://goo.gl/WNluOb

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ONGC cuts KG Basin capex by 35%: Highlights of the project
ONGC cuts KG Basin capex by 35%: More details
ONGC cuts KG Basin capex by 35%: Full matrix
ONGC cuts KG Basin capex by 35%: UD-1 discovery to remain untapped

New gas price: A good deal for Indian E&P companies

That Indian E&P operator cannot get a better price for deepwater gas than what the Narender Modi government handed out recently is evident from the fact that the Henry Hub spot price was..http://goo.gl/WNluOb

Government to explore going 100% electric by 2030: Committee set up

An announcement by power minister Piyush Goel last week that a ministerial group has been set up under transport minister Nitin Gadkari, environment minister Prakash Javadekar and petroleum minister Dharmendra Kumar to look at the..http://goo.gl/WNluOb

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Government to explore going 100% electric by 2030: A tender for 100 million electric cars can do the job
Government to explore going 100% electric by 2030: Norway sets a 2025 target
Government to explore going 100% electric by 2030: Oil marketing companies will have to do some quick thinking
Government to explore going 100% electric by 2030: Big Oil remains skeptical of renewal energy
Government to explore going 100% electric by 2030: Prepare for disruptive changes
Government to explore going 100% electric by 2030: Technology can work in insidious ways
Government to explore going 100% electric by 2030: Cost of battery storage falling rapidly
Government to explore going 100% electric by 2030: Investments in renewals double that of fossil fuels in 2015

Consumption data for February, 2016: Growth gallops at 11.7%

The consumption of all petroleum products registered a growth of 11.7 percent during..http://goo.gl/WNluOb

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Consumption data for February, 2016:  MS growth rides on the wheels of the auto industry
Consumption data for February, 2016:  Diesel powers a 10.8 % growth
Consumption data for February, 2016:  LPG sales up 15.5%
Consumption data for February, 2016: Natural gas consumption goes up by 19%
Consumption data for February, 2016: Bitumen and Pet coke register a growth of 18  percent and 13.5  percent respectively
Consumption data for February, 2016: LDO and LSHS continued their grip on the market
Consumption data for February, 2016: Both Naptha and ATF witnessed rapid growth

The devil is in the details: Will Platts' DES West India price become a global benchmark?

The new gas price notification is finally out and the government has pegged the ceiling GCV price for deepwater and HP-HT discoveries at the lower of the average of imported price of..http://goo.gl/WNluOb

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The devil is in the details: What does the benchmark entail
The devil is in the details: No cakewalk for producers
The devil is in the details: LNG supply far outstrips demand, for now
The devil is in the details: A long battle lies ahead
The devil is in the details: Long term LNG price projections

A disaster waiting to happen: HPCL will have to go through public hearing for Mumbai refinery expansion

It looks like HPCL will have to go through a public hearing process for the expansion of its Mumbai refinery..http://goo.gl/WNluOb

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A disaster waiting to happen: HPCL's Mumbai refinery has no exit routes in case of an accident

A case for use of coal gasification technology by India: If China can do it, so can we

India is still pushing the coal gasification route -- despite the fact the use of coal is now frowned upon for environmental concerns and there is a looming hike in..http://goo.gl/WNluOb

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A case for use of coal gasification technology by India: Several models available
A case for use of coal gasification technology by India: Cost-economics can be favourable, argues presentation
A case for use of coal gasification technology by India: Risks can be mitigated

Cost cutting by E&P companies: Why ONGC can do less of it than its peers

There are reports all around the world of oil companies renegotiating their contracts with suppliers and equipment and services around the world.
8Saudi Aramco is reworking its..http://goo.gl/WNluOb  

PNGRB slashes tariffs for KG Basin gas pipeline network: Blow to pipeline carriers

In what is going to come as a huge blow to GAIL, the PNGRB has decided to fix the final tariff rate for the KG Basin network at a fraction of GAIL's asking rate..http://goo.gl/WNluOb

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PNGRB slashes tariffs for KG Basin gas pipeline network: Regulator says
PNGRB slashes tariffs for KG Basin gas pipeline network: Regulator unwilling to take cognizance of all Common Corporate Expenses
PNGRB slashes tariffs for KG Basin gas pipeline network: Ruling has large implications
PNGRB slashes tariffs for KG Basin gas pipeline network: GAIL has no option but to fight back

Pradhan's 'good will" HSD consignment to Bangladesh: The figures don't add up

A 'goodwill' rail consignment of 2200 MT of HSD was flagged off from Siliguri to Parbatipur in Bangladesh by Dharmendra Pradhan as a gesture of Indo-Bangla Friendship.
8The two countries are now working on a..http://goo.gl/WNluOb 

Low prices force innovations: Start ups jump in the "Engineered Completions" game

Low crude oil prices are pushing shale oil producers to use technology to raise oil field efficiencies in a dramatic manner..http://goo.gl/WNluOb

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Low prices force innovations: An Indian company with ambition can get into the game too

Freight rates: With the buoyancy last?

Rates for the crude carriers surged last week on higher demand from the Middle East and this had a..http://goo.gl/WNluOb

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Freight rates: Orders pick up for MR tankers

India's strategic reserves are at 62 days consumption: The figure hides more than it reveals

India has 28.68 MMT of crude oil and petroleum reserves equivalent to 62 days consumption cover, according to an estimate made by the petroleum ministry..http://goo.gl/WNluOb

Consumption of petroleum products continues to gallop: Growth in February pegged at 11%

Consumption of petroleum products continued to gallop in double digits in February.
8Total consumption grew at..http://goo.gl/WNluOb

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Consumption of petroleum products continues to gallop: China's emissions have begun coming down but India still has a long way to go

RIL to invest Rs 13,000 crore in petrochemical expansion: Expansion will raise capacity across the board

Who says big investments are not taking place in the oil & gas and related segments in India?
8Close on the heels of news that money is going to be pumped into the..http://goo.gl/WNluOb

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RIL to invest Rs 13,000 crore in petrochemical expansion: Details of utility requirements
RIL to invest Rs 13,000 crore in petrochemical expansion: Project management details
RIL to invest Rs 13,000 crore in petrochemical expansion: Execution in 27 months flat

485 trillion cubic feet of shale gas: South Africa to begin work this year

South Africa will begin shale gas exploration work within this year.
8The country's semi-desert Karoo region is believed to hold at least..http://goo.gl/WNluOb

India's KG Basin development one of the few bright spots in the world: Operators can land low rig prices if they bargain well

India seems to be one of the few deepwater markets in the world where positive activity is expected now that the gas pricing regime has been freed up.
8The point to note is that India today offers one of the best prices for..http://goo.gl/WNluOb

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India's KG Basin development one of the few bright spots in the world: RIL-BP begin parleys with suppliers

New gas price: ONGC plans to tap 3.20 tcf of gas, RIL-BP 2.53 Tcf more

In all there are 28 deepwater and ultra deepwater discoveries in India that will now be covered by the new gas pricing policy.
8And it is ONGC, more than the..http://goo.gl/WNluOb

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New gas price: Spot the difference
New gas price: PSCs will have to be made more flexible for flexible

Government's LPG push: Only a super-subsidized rate can solve the problem

The much touted LPG outreach programme for BPL families will only succeed if the government subsidizes the sale of LPG cylinders at a..http://goo.gl/WNluOb

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Government's LPG push: India will end up having four different LPG prices
Government's LPG push: Download presentation

Government unleashes new oil and gas policies: Marketing freedom granted for gas production

The Cabinet decision today to free the price of gas for discoveries in deep water, ultra deep water and High Pressure-High Temperature (HPHT) blocks means that India will provide..http://goo.gl/WNluOb

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Government unleashes new oil and gas policies: Spot LNG price may cause disruptions
Government unleashes new oil and gas policies: This is the right time to invest
Government unleashes new oil and gas policies: 6.75 TCF of new gas can hit the market
Government unleashes new oil and gas policies: RIL may withdraw arbitration case
Government unleashes new oil and gas policies: Revenue sharing model adopted
Government unleashes new oil and gas policies: Industry unhappy with revenue sharing model
Government unleashes new oil and gas policies: PSCs to be extended under fresh terms
Government unleashes new oil and gas policies: Why was Cairn's Rajasthan block left out?
Government unleashes new oil and gas policies: Ratna field handed over to ONGC
Government unleashes new oil and gas policies: Will Essar take the government to court?

India's largest bio-refinery: 450,000 tonnes of green bamboo to be used every year

Numaligarh Refinery is in the midst of preparing an Environment Impact Assessment Report for a massive bio-refinery -- the largest in India -- in..http://goo.gl/WNluOb

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India's largest bio-refinery: The project should be stopped

New gas price for deepwater discoveries: The government seems to have been caught on the wrong foot

There is much confusion in the government over the basket of "alternative fuels" to be used for determination of a..http://goo.gl/WNluOb

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New gas price for deepwater discoveries: The ceiling price may not work

ONGC to develop Bokara CBM block: 90 wells to be drilled

ONGC is going ahead with the development of the Bokaro CBM block.
8The company will drill a total of..http://goo.gl/WNluOb

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ONGC to develop Bokara CBM block: Massive network of on-ground facilities

India's oil demand to take off: All elements in place for a massive spurt in consumption

India’s oil demand has soared over the last year, reaching an average year-on-year demand growth of 0.30 mb/d in 2015, compared with..http://goo.gl/WNluOb

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India's oil demand to take off: Government policy to act as catalyst

Mumbai refineries: A disaster waiting to happen?

Both the Mumbai refineries of BPCL and HPCL are in crowded locations and both have the potential of causing unprecedented havoc in case of accidents.
8In an evaluation exercise to review risks to business, the potential risks at the Mumbai refineries primarily on account of space constraints and..http://goo.gl/WNluOb

BPCL to set up Rs 544 crore GTU in Mumbai: Refinery capacity to go up to 13 MMTPA

BPCL plans to set up a 0.9 MMTPA gasoline hydro treatment unit (GTU) at its Mumbai refinery.
8The Mumbai refinery has an installed crude processing capacity of..http://goo.gl/WNluOb

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BPCL to set up Rs 544 crore GTU in Mumbai: PMC award by May 2016
BPCL to set up Rs 544 crore GTU in Mumbai: Cost details

D-6 output continues to decline: BP seeks more clarity in gas price policy

British Petroleum's share in the KG basin gas output fell to an average of 113 million sq feet per day (msfd) in 2015.
8This is down from..http://goo.gl/WNluOb