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What the papers say LNG Price Slump Sends Biggest Indian Refiner on Buying Binge (Bloomberg) What the papers say Indian Oil Corporation Q1 net profit rises 25 per cent to Rs Rs 8268.98 cr, shares fall (Financial Express) What the papers say US Set To Derail India-Russia Oil Deal (Inserbia) What the papers say Shah Committee to submit report on RIL-ONGC dispute by August 31 (Economic Times) What the papers say L&T to scale up business in Southeast Asia, Africa to make up for losses in West Asia (Economic Times) What the papers say Crude may stay range-bound this year, aid inventory gains: IOC (CNBC) What the papers say India to be hit by economic crisis if oil price crosses $60: Subramanian Swamy (PTI) What the papers say Global Crude oil price of Indian Basket was US$ 47.14 per bbl on 26.08.2016 (Press Information Bureau) What the papers say IOC reports net profit of Rs. 8,269 cr. against Rs. 6,591 cr. of Q1 2015-16 (Indian Oil) What the papers say GAIL extends financial support to Asmita for gymnastics (GAIL) What the papers say PNGRB Order: In the matter of M/s Manglore Minerals Pvt. Ltd. Vs. M/s Mahesh Resources Pvt. Ltd. & Ors (PNGRB) What the papers say IOC- Board recommends Bonus Issue (Indian Oil)
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People & Policy

RBI governor Patel is ex-GSPC and Modi friend

He used to be Narendra Modi's eyes and ears on the Board of GSPC. Now Dr. Urjit Patel will be...

GAIL closes in on 2 ex-IGL managing directors

New details have emerged on the allegations of financial impropriety levelled against GAIL...

Nalin Srivastava vents his anger on operators

Only one thing is worse than dealing with a bureaucrat - dealing with a bureaucrat in a bad...

Only BJP areas for CGD-VII, alleges Congress

It might sound like a conspiracy theory but Congress party members are convinced there is...

All yours for $280m as VGS sells FSRU proposal

No one in their right mind ever thought the VGS Cavallo promoted FSRU project off Kakinada...

Quippo in talks to buy debt-laden GOL Offshore

At first sight buying a company with debts of around Rs1400cr ($233m) doesn't look like a...

More subsidy wanted for Indian-made LNG ships

If the government wants to kick-start LNG shipbuilding in India it must offer additional...

Exploration & Production

Happy days for rig inspection firms in India

Safety is paramount and ONGC's increased emphasis on this critical but under-reported area of the...

ONGC 'aggressive' exploration at Kangra-Mandi

ONGC wants to "aggressively probe" new exploration leads at its Kangra-Mandi pre-NELP licence...

Excitement as ONGC revives 4-rig onland offer

Most people would be infuriated that a state-owned company takes four months to prepare the...

On track at ONGC to drill 77 Jharia CBM wells

Everything looks on track for ONGC to begin drilling 77 development and production wells at...

Oil India plans 7 extended reach wells in Assam

ExxonMobil subsidiary Neftegas today holds the world record for extended reach drilling. Oil...

Mercator promises new Sagar Samrat deadline

Promises are nice but only if kept! Five years after the project was awarded Mercator Oil and...

New bid deadline for Oil India 2633-lkm tender

Oil India has pushed back an August 23 bid deadline by two weeks in a government drive to...

Midstream & Downstream

Don't ignore Adani in Mundra LNG stake talks

IndianOil ignores Adani at its peril if it's serious about taking a stake in the Mundra LNG...

Hungry consumers drive LNG imports to Dahej

Here's a clear indication of just how gas hungry the Indian market is: the number of LNG...

Welspun turns its back on R-LNG for steel mill

Most industries are overjoyed at the prevailing climate of rock-bottom R-LNG prices. But not...

HPCL plans $3.3bn upgrade of two refineries

Brimming with confidence, Hindustan Petroleum looks set to meet the government's deadline to...

Coal tar gas threat to Gujarat Gas Morbi sales

Gujarat Gas has good reason to fear the growing popularity of dirty coal tar as an...

Despite protests AFCONS shipyard goes ahead

After vocal protests from angry villagers, AFCONS has finally backed down and commissioned a...

IndianOil on track for Bongaigaon LPG upgrade

Narendra Modi's dream of free LPG for poor families is driving IndianOil to move fast with...

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