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TODAY'S PRESS HEADLINES...Power secretary seeks gas for NTPC at $2.34 before resolution of RIL dispute (Indian Express)...Bring gas to NTPC issue before panel (Times of India)...Cairn sees Rajasthan reserves rising 25% (DNA)...IOC rejects partnership offer for proposed Barmer refinery (PTI)...ONGC to invest $5.8 bn in FY11: Oil minister (Reuters)...Government not planning to go for FPOs in ONGC, IOC now (PTI)...IOC proposes share sale to shore up its finances (Economic Times)...No Indian firm exporting petrol to Iran, says Jitin Prasada (PTI)...ONGC’s proposed SEZ in Gujarat gets green signal (PTI)...RIL made 20 visits to facilities; revised offer twice: LyondellBasell (PTI)...Taxes account for 51.5% of petrol price in Delhi (PTI)...Alternative source of gas supply – import from Iran and Turkmenistan (Press Information Bureau)...Modernization programme of ONGC (Press Information Bureau)...LPG suppliers threaten to close shops in Dimapur (PTI)...Why RIL’s bid for Lyondell failed (Live Mint)...Asia Crude-ONGC sells Sokol at stronger premium (Reuters )...IOC tenders to buy more crude oil for May (Reuters)...Oil ministry proposes three-year deepwater rig holiday (CNBC-TV18)...Power, petroleum ministries again clash on gas price (Hindustan Times)...Rajagopalan loses GSPC chief's post (Times of India)...Sanctions on Iran counter-productive (The Hindu)...India's Reliance 'eyes new prey after Lyondell snub' (AFP)...Costly crude puts strain on fuel price (The Telegraph)...Events in Nigeria and China help push crude prices higher (Financial Chronicle )...Mexican pride threatens oil production (Financial Chronicle)...Garware Offsh - award of contract from ONGC (Garware Offshore Services )...Aban Offshore - credit rating (Aban Offshore )...OIL field discovery in Syria by OVL and partner (ONGC Videsh)...Appendix 3Y (Oilex)...
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PNDIT DEENDAYAL PETROLEUM UNIVERSITY
Ministry, Politics & People
Expect big changes at the DGH post-Sibal
Moves are afoot to radically restructure the DGH following a trail of allegations against former...
Dasgupta suggests Behuria for Petronet-LNG
In an unorthodox move which has left many surprised, Petronet-LNG managing director Prosad Dasgupta...
Bhargava tipped as new additional secretary
Senior bureaucrats are lobbying hard to become the new oil ministry additional secretary, a post...
More graft allegations against GSPC from Gohil
Gujarat opposition leader Shaktisinh Gohil clearly has a grudge against GSPC! On February 10, the...
GSPC close to finalising draft IPO prospectus
Still unclear is if any of Gohil’s allegations will figure in GSPC’s draft prospectus prepared for...
Overseas ambitions for ex-BG India chief Kapil Garg
Kapil Garg has come a long way since he stepped down as British Gas country manager for India in...
Gujarat pursues oil spill claim against PMT
Deny responsibility it might, but the BG-led Panna, Mukta and Tapti consortium could be forced to...
Exploration & Production
ONGC races to drill well in Himalaya foothills
Delayed environmental clearances and other nagging problems are putting ONGC under intense pressure...
Reliance likely to award 3D contract by March
Reliance is expected to award a contract to shoot 9600-sq km 3D across its east coast NELP blocks by...
Aggressive development of Bassein next year
ONGC is gearing up to boost oil production at its giant Bassein oil and gasfield offshore Mumbai...
Ensco selling three rigs to Indian drillers
Rumours are rife that US driller Ensco has sold three jack-ups to two Indian drillers: Delhi-based...
ONGC seven-rig tender attracts 25 jack-ups
Desperate to get their idle rigs working again, a flood of newcomers have submitted bids in ONGC's...
Aban deal with GSPC hostage to ONGC tender
Indian driller Aban Offshore should watch its back! Rival contractors are believed to be spreading...
Niko begins three-well appraisal at Hazira
Canadian explorer Niko Resources (33%) this week begins a three well appraisal programme at the...
Reliance petrol dealers want their money back
Reliance is on a collision course with 130 of its petrol pump dealers in Gujarat who want their...
ONGC says ‘no’ to 400,000 cm/d of D6 gas
Not often do you hear of a company turning down an offer of D6 gas but that’s exactly what ONGC is...
Nagarjuna wants 200,000 cm/d more D6 gas
Hyderabad-based Nagarjuna Fertilisers already has the distinction of being the first company to...
No problem finding buyers for Kochi R-LNG
GAIL’s success in lining up R-LNG customers for the upcoming Kochi terminal contrasts sharply with...
Saumya DSM finally arranges gas for Mathura
Things are looking up for Saumya DSM Infratech since we wrote about the company last August.
Growth at Gujarat Petronet thanks to D6 gas
Gujarat Petronet’s operations are growing rapidly thanks to Reliance. Because of D6 gas supplies,
Court ruling puts Adani gas promise on shelf
Adani Energy is the first private sector gas retailer to be promised D6 gas but a recent Delhi High...
News In Brief
Jubilant wants $300m floatation
For the third time, India’s Jubilant Energy is frantically trying to get listed on an overseas stock...
Gazprom to drill Mahanadi well
Gazprom’s delayed exploration programme at Mahanadi basin block NEC-OSN-97/1 is set to resume.
CNG price hike in Gujarat
Heavy taxes and increasing overheads have forced Gujarat’s biggest CNG retailer GSPC Gas to hike its...
Blackford Dolphin technical delay
Unexpected 'technical' delays have forced Reliance to put on hold its eastern offshore drilling...
Kanawara gas from Heramec
Hyderabad-based Heramec is reluctant to offer more gas from its Kanawara field in Gujarat for fear...
Great Offshore rig almost ready
Mumbai-based drilling contractor Great Offshore doesn’t think it will be too difficult to get a...
Rocksource for drilling holiday
Norwegian explorer Rocksource is the first foreign explorer to publicly add its voice to growing...
Gas wanted to fire 500-MW station
Andhra Pradesh-based rice processor MM Mills hopes to source 2m cm/d D6 gas from Reliance for its...
GeoEnpro to hire John Energy rig
GeoEnpro is to hire a 2000-hp rig from John Energy to drill one exploration well at its 12-sq km...
NTPC gets 1.2m cm/d D6 gas
NTPC signed a contract with Reliance for 1.2m cm/d D6 gas on February 16,

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