Global warming and its impact on India's oil & gas sector: Time is running out

This website believes that Indian oil and gas companies have not understood the full implications of global warming and the basic tenets of the Paris Agreement that seek to limit warming to not just..http://goo.gl/WNluOb

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Global warming and its impact on India's oil & gas sector: No production will take place from future discoveries
Global warming and its impact on India's oil & gas sector: Government will have to move quickly
Global warming and its impact on India's oil & gas sector: If the truth is ugly, it is better to face it now than later
Global warming and its impact on India's oil & gas sector: How will India's E&P effort fare?
Global warming and its impact on India's oil & gas sector: Burning reserves before they get stranded
Global warming and its impact on India's oil & gas sector: OMCs should be careful before they take a call
Global warming and its impact on India's oil & gas sector: Will India turn truant?

LNG-Crude differential widens: More uncertainty in the LNG market

The differential between spot and long term oil indexed LNG has begun widening following a hardening of crude prices recently..http://goo.gl/WNluOb

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LNG-Crude differential widens: LNG demand falls even as supply rises
LNG-Crude differential widens: Divergence between spot and contract prices unacceptable, says LNG offtakers
LNG-Crude differential widens: OMCs turn aggressive in Indian market

PPAC's petroleum data: The analysis behind the figures must improve

All kinds of forces seem to have come into play in determining the consumption of petroleum products in India in April.
8The data given out by the government shows contradictory trends and the explanations put out by the PPAC do not fit the trend..http://goo.gl/WNluOb

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PPAC's petroleum data: The spin cannot be rosy if the numbers do not add up
PPAC's petroleum data: Consumption goes up even as industrial growth slumps
PPAC's petroleum data: LPG consumption grows 32 months in a row

Time has come for ONGC to junk traditional business models: Splitting up contracts into discrete parts does not work anymore

It is time for the government and companies such as ONGC to look at a new business model for procurement of products and services.
8The Indian public sector business model is largely procurement driven, where every aspect of a new..http://goo.gl/WNluOb

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Time has come for ONGC to junk traditional business models: Collaborative model is the best way out
Time has come for ONGC to junk traditional business models: Company needs to be in tune with new trends
Time has come for ONGC to junk traditional business models: Shell sets the trend
Time has come for ONGC to junk traditional business models: Pradhan must take the initiative

The end of oil-indexed LNG pricing: Divergence between oil and gas price will be the catalyst

It looks like the world is slowly but inexorably moving away from oil-indexed pricing of gas.
8The US shale gas revolution led to a sharp..http://goo.gl/WNluOb

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The end of oil-indexed LNG pricing: Demand-supply diversity allows for greater pricing flexibility
The end of oil-indexed LNG pricing: Japan takes steps to free itself from oil indexed pricing
The end of oil-indexed LNG pricing: Multi-directional LNG flows will help in the development of hub based pricing
The end of oil-indexed LNG pricing: Why can't India promote a pricing hub too?
The end of oil-indexed LNG pricing: Policy makers need to draw up a specific action plan
The end of oil-indexed LNG pricing: Proactive steps will be needed

Lessons for India: How Chinese super giants have learnt: to grow in the midst of state control

For reference purposes, the website carries here a fascinating paper on the evolution of the oil super giants in China.
8These giants owned large chunks of the Chinese economy..http://goo.gl/WNluOb

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Lessons for India: Massive round of M&As coming up from Chinese companies
Lessons for India: How the Chinese structure their energy-backed loans

India's energy security lies in gas hydrates found in KG Basin: It has the world's best accumulation of reserves

It is now known that India had conducted two successful gas hydrate expeditions -- one in 2006 and another in 2015 -- in the deep waters of..http://goo.gl/WNluOb

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India's energy security lies in gas hydrates found in KG Basin: Deposits are established
India's energy security lies in gas hydrates found in KG Basin: Collaborative effort
India's energy security lies in gas hydrates found in KG Basin: Production sooner than later
India's energy security lies in gas hydrates found in KG Basin: Indian companies need to keep an eye on developments
India's energy security lies in gas hydrates found in KG Basin: Padma Shree for KM Shukla?

Shipping industry in the cusp of change: Seaborne traffic will become less relevant for future growth of the global economy

The global shipping industry is in the cusp of dramatic change and it is time for Indian companies to take notice..http://goo.gl/WNluOb

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Shipping industry in the cusp of change: Excess capacity to prevail
Shipping industry in the cusp of change: A recovery only in 2018?

New urea-ammonia units: Clear business development opportunity available for downstream suppliers

Goaded by the government, the Indian fertilizer industry seems to have woken up from a long slumber.
8After decades of inactivity, two giant urea-ammonia complexes --each worth..http://goo.gl/WNluOb

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New urea-ammonia units: Can lone wolf gas supplies make an entry?
New urea-ammonia units: Full details of two new projects on the anvil
New urea-ammonia units: Advanced software tools available now to look for business opportunities

Pakistan claims it is importing LNG at the "cheapest rate in Asia" from Qatar: Is there room for further renegotiations by PLL?

Pakistan claims that it is importing LNG at the "cheapest rate in Asia" from Qatar.
8This tall claim was made by Pakistani petroleum minister Shahid Khaqan Abbasi on Monday..http://goo.gl/WNluOb

India's deepwater spending: Not big enough

ONGC  is spending Rs 34.000 crore in the next three years in KG-DWN-98/2 and RIL too is lining up more investments in new discoveries in the KG Basin..http://goo.gl/WNluOb

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India's deepwater spending: It is a good time for operators

Grim projections on the LNG market: Demand crisis right until 2030

No other country has a grimmer projection about the future of the LNG market than the Australia.
8One reason for it is that a new set of high cost LNG liquefaction terminals..http://goo.gl/WNluOb

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Grim projections on the LNG market: Australian East Coast LNG a dead loss

Innovation is the new Mantra: Statoil's sets the trends by axing offshore cost from $70/bbl to $41/bbl

Innovation seems to be the new mantra in the offshore oil and gas business.
8The industry is talking about Staoil's ability in the last 24 months to cut the average cost of offshore development from..http://goo.gl/WNluOb

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Innovation is the new Mantra-: Can ONGC spawn a bunch of software startups?

Global gas markets: Gas prices are far cheaper in Pakistan and Bangladesh

India is was on the top quartile in terms of price paid for gas in 2015 in a survey of 50 countries done by an international consultancy...http://goo.gl/WNluOb

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Global gas markets: 10-year gas price data
Global gas markets: Prices to stay down
Global gas markets: Policy maker can gain perspective

Allure of spot cargoes: The fight will get bloodier

The fight for the Indian market between spot and long term gas suppliers will get bloodier in the months ahead..http://goo.gl/WNluOb

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Allure of spot cargoes: Long term and short term gas prices will have to converge
Allure of spot cargoes: Modeling needed for better decision making
Allure of spot cargoes: Dharmendra Pradhan is in need of a few good ideas

Exclusivity will come into effect not when it ends but when it is declared to have ended, says PNGRB

The PNGRB has set aside a complaint by the glass manufacturer Saint Gobain Pvt Ltd against Gujarat Gas Ltd for the latter's unwillingness to allow access to its gas spur line from Amboli to Jaghdia on the Hazira-Ankleshwar pipeline to source cheaper gas supplies..http://goo.gl/WNluOb 

Chasing a pipe dream: Modi must push for a feasibility study for a deepwater gas line from Iran

Prime Minister Narender Modi on his trip to Tehran must push for a conceptual study, perhaps even going up to a pre-FEED study, of an offshore pipeline from..http://goo.gl/WNluOb

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Chasing a pipe dream: A pipeline will give India immense leverage
Chasing a pipe dream: Tariff rate can be in the range of $2/mmbtu
Chasing a pipe dream: Deepwater repair capability now available
Chasing a pipe dream: Compressor to be stationed on an offshore platform

LNG market continues to boil: Spot volumes may reach 50% of volumes in 2025

The global LNG market is in a state of continuous flux.
8Slowing Asian demand and over supply of LNG have resulted in a sharp rise in the share of spot or short term LNG in the total LNG supply matrix..http://goo.gl/WNluOb

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LNG market continues to boil: Uncommitted LNG volumes set to rise
LNG market continues to boil: An analysis of spot cargoes
LNG market continues to boil: Market structures are changing
LNG market continues to boil: Has Asia missed the Golden Age of Gas?
LNG market continues to boil: Aggregators get more ambitious
LNG market continues to boil: Buyers get more experimental

Oil & gas consultancy work: Keep the boys out and bring in the men

The website is a strong advocate of weaning the Indian oil and gas sector from the monopoly grip of general management consultancy firms such as PriceWaterhouseCoopers, Deloitte and Ernst & Young.
8These firms have gamed the L-1 system in India to win most contracts by quoting low prices.
8The consequence is that the..http://goo.gl/WNluOb

ONGC's KG-DWN-98/2 project: OMC selection on

The Rs 34,000 crore KG-DWN-98/2 development is ONGC's first large scale deepwater development plan and the the schedules are tight..http://goo.gl/WNluOb

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ONGC's KG-DWN-98/2 project: Is the selection criteria too loose?
ONGC's KG-DWN-98/2 project: Company should hire the best contractor in the business
ONGC's KG-DWN-98/2 project: Time and cost limits are too tight
ONGC's KG-DWN-98/2 project: 10 major packages and hundreds of sub packages
ONGC's KG-DWN-98/2 project: Why wasn't RIL infrastructure used?
ONGC's KG-DWN-98/2 project: Why wasn't RIL infrastructure used?

Business opportunity in the oil & gas sector: Public sector will deploy Rs 555,750 crore in next five years

Opportunities worth a massive Rs 555,750 crore awaits equipment and service providers wanting to do business with India's oil companies in the next five years.
8In dollar terms, it comes to a massive..http://goo.gl/WNluOb

Getting ONGC & OIL to invest more: The duo can do more than what they are doing now

Investment projections made for the next five years by ONGC and OIL show the duo will spend Rs 170,000 crore between them in..http://goo.gl/WNluOb

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Getting ONGC & OIL to invest more: Where are the opportunities?
Getting ONGC & OIL to invest more: Hope lies beyond Mumbai High
Getting ONGC & OIL to invest more: Pradhan needs to take action

Sharp upward revision in crude price estimates

US government estimates have revised the price of crude which is likely to prevail in 2016 and 2017.
8WTI spot prices are expected to go up by..http://goo.gl/WNluOb

Industrial demand for gas remains elusive: Buyers are moving back to liquid fuels

Gas suppliers seem to be finding it increasingly difficult to fight off competition from liquid fuels..http://goo.gl/WNluOb

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Industrial demand for gas remains elusive: Sharp fall in demand
Industrial demand for gas remains elusive: Demand is generated entirely by the government
Industrial demand for gas remains elusive: New players find it difficult to find buyers
Industrial demand for gas remains elusive: New demand estimates is the need of the hour
Industrial demand for gas remains elusive: Price differential between Ras Gas supplies and spot gas begins to bite
Industrial demand for gas remains elusive: CGD players hope to do well after wrestling monopoly pricing rights

Gas output in India: What ails the Indian industry?

For reference purposes, the website carries here the following year-wise data:
8Total domestic production of crude oil and gas between..http://goo.gl/WNluOb

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Gas output in India: Why is demand not picking up?

Good Industrial Petroleum Practices: Code won't overrule existing regulations

For reference purposes, the website carries here the 500-page document that the government has put together on Good International Petroleum Practices (GIPIP) for the E&P sector..http://goo.gl/WNluOb

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Good Industrial Petroleum Practices: Download document

Oil & Gas equipment market: India ranked 27th in terms of business opportunity

India is ranked 27th in a list of 74 countries in terms of business opportunities and ease of doing business for the international oil and gas equipment industry..http://goo.gl/WNluOb

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Oil & Gas equipment market: Projections show market will continue to grow
Oil & Gas equipment market: Dominated by a few countries
Oil & Gas equipment market: Breakeven points in deepwater plays drop 7 to 21%

Discovered Small Fields Bid Round: A lot of companies are expected to bid

A large number of bids are expected to come in for the Discovered Small Fields Bid Round that the Petroleum Minister is slated to announce on..http://goo.gl/WNluOb 

India may need to protect its deepwater gas output: Qatar may target KG Basin production with predatory pricing

How is Qatar, the world's largest supplier of LNG, going to behave if Asian demand for LNG cools down?
8That is a billion dollar question.
8A hunt for newer markets will force..http://goo.gl/WNluOb

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India may need to protect its deepwater gas output: ONGC must seek support
India may need to protect its deepwater gas output: From a ceiling price to a floor price?
India may need to protect its deepwater gas output: Protection can come in many ways
India may need to protect its deepwater gas output: There is a smarter way of staying afloat