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TODAY'S PRESS HEADLINES...Government should not question demerger now: RNRL (Economic Times)...Petro price hike pumps up private players (Hindu Business Line)...NTPC eyes $500m Japanese funds for green-energy push (Economic Times)...Developers to spend 23% more in KG basin (Live Mint)...RIL to close Jamnagar refinery for 2-3 weeks (PTI)...RIL will have to pay royalty on KG basin gas: Government (PTI)...Delhi HC rejects Man's plea challenging GAIL's re-tending (PTI)...Government refuses to roll back fuel price hike (IANS)...ONGC sees lower fuel subsidy burden (Reuters)...Unravelling ‘under-recoveries’ (Hindu Business Line)...FMCG cos immune from fuel price hike impact for now (Hindu Business Line)...Gas supply from KG basin to cut fertilizer subsidy (Financial Express)...Decontrol petrol, diesel prices: Survey (Hindu Business Line)...Deora tells States to reduce sales tax on petrol, diesel (Hindu Business Line)...S-E Rly worried over Haldia dock strike (Hindu Business Line)...Diesel price hike hits fisheries (Hindu Business Line)...Hike of patriotism (Hindu Business Line)...Reliance Industries - Updates (RIL)...
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Ministry, Politics & People
Deora assigns major chunk of work to ‘young’ Prasada
Most of us would be more than happy to retire at 60, but oil minister Murli Deora seems to want to...
Maninder Singh needed to help with NELP-VIII bids
Love him or loathe him, oil ministry director exploration Maninder Singh will be around a while...
Not so lucky Watal languishes at gas regulator’s office
Joint secretary RP Watal isn’t as lucky as Maninder Singh. Watal has been waiting more than six...
Time running out for OVL with Venezuela opportunity
Time is running out for ONGC Videsh as it ponders whether to step up its presence in oil-rich...
More talk of DJ Pandian leaving GSPC for elsewhere
Rumours, rumours and more rumours! Close to eight years after taking over as boss of GSPC, Gujarat’s...
ONGC to unveil radical new ‘marginal fields’ policy
ONGC will soon announce a radical new policy to attract more private investors to develop its capped...
GAIL begins looking for a new director marketing
GAIL will have a new CMD in less than a month when director marketing Bhuwan Chand Tripathi replaces...
Exploration & Production
Reliance helps BG wins cost recovery for PMT wells
British Gas can thank Reliance’s legendary powers of persuasion for an imminent decision by the DGH...
GSPC targets 8.5m cm/d Deen Dayal gas from 2011
Reliance is already producing gas from the KG Basin but GSPC is not far behind and has pencilled in...
Tarapur holds more potential as GSPC plans five wells
GSPC wants to drill five new exploration wells on the eastern part of its producing Tarapur block,...
Niko planning eight new wells at Hazira later this year
Niko Resources is planning at least eight development wells at the Hazira gasfield sometime in the...
ONGC shows welcome flexibility with EPC guidelines
More contractors are likely to bid in offshore EPC tenders from ONGC, thanks to new guidelines that...
North Tapti development hostage to Ambe DGH drama
Anyone waiting for news on ONGC’s tender to develop the North Tapti gasfield will need patience...
Bina completion will add 6m t/y to refining capacity
India’s annual petroleum refining capacity is set to climb by 6m t/y to 183m t/y from April 1 next...
Gujarat Gas in ‘out-of-court’ talks with major customer
Gujarat Gas is in ‘hush-hush’ talks with one of its biggest customers to reach an out-of-court...
Rashtriya Chemicals wants more D6 gas for new unit
D6 gas can be like an addictive drug, the more you get, the more you want. At least that’s how it is...
Hindujas revive 1050-MW power plant for Vizag
Never one to give up, the London-based Hinduja Group is dusting off a decade-old plan to set up a...
Read the small print before asking for a gas price cut
Bargain hunting can be fun, but it’s wise to read the small print before getting too excited, as a...
Adani wants to double gas customers in 12 months
Ahmedabad-based Adani Energy is set to become the first gas retailer in Gujarat to receive official...
More CNG stations planned for Pune by MNGL
Gas consumers in Pune will be heartened to know that on June 1 the Petroleum and Natural Gas...
News In Brief
Deora compliments President
Oil minister Murli Deora was at his charismatic best during a function to mark refiner Indian Oil’s...
Expect NELP-VIII bid extension
Anyone planning to bid in the NELP-VIII licensing round for 70 exploration and 10 coal bed methane...
Hazira LNG terminal booming
Business is booming at the Hazira LNG terminal, owned by Shell and Total.
ONGC starts Mahanadi drilling
Discoverer Seven Seas has begun appraisal drilling for ONGC at MN-OSN-2000/2 in the Mahanadi Basin...
CTCI wins Kochi ‘regasification’ bid
CTCI of Taiwan has won the contract to set up regassification facilities at Petronet-LNG’s upcoming...
KG junket for Gujarat lawmakers
Gujarat chief minister Narendra Modi is offering all 182 legislators in the Gujarat state assembly a...
LNG consultant for Dabhol
Ratnagiri Gas is looking for a consultant to shortlist companies who want to import LNG on a...
PGS sells Andaman 2D to ONGC
ONGC has become the first operator to buy speculative 2D seismic off the Andaman Islands acquired by...
EIL chairman i/v next month
More than three months after the earlier interview process was scrapped, the Public Enterprises...
Pipavav wins ONGC contract
Pipavav Shipyard has won its first ONGC contract when it received a Letter of Intent on June 25 to...
Kharsang needs trucks to lift crude
Oil India is having trouble evacuating crude from the remote Kharsang oilfield in Arunachal Pradesh,...

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