Petrowatch - Market intelligence from the oil industry in India
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TODAY'S PRESS HEADLINES...Centre’s draft marginal field policy provides slew of sops (Financial Express)...Diesel shortage looms large as oilcos plan import cuts (Economic Times)...NTPC to seek joint ventures with exploration firms for gas supplies (Live Mint)...Hungary's MOL acquires stake in India block (Reuters)...Hinduja keen on Kakinada refinery even sans ONGC (PTI)...GSPC to raise up to $1.5 bn in IPO (Reuters)...Airlines yet to translate lower jet fuel sales tax into reduced fares (Indian Express)...Asia Gasoil-India BPCL buys June at lower premiums (Reuters)...Seven international oil companies for off-shore blocks in Bangladesh (PTI)...MRPL to expand capacity (The Hindu)...
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Fuel Prices

PRICEWATCH reports the ex-factory gate prices published every two weeks by Indian Oil, the country's largest state-owned refiner, of LPG, naphtha, fuel oil, jet fuel (ATF) and LSHS. Naphtha prices are of two sorts: one for the heavily subsidised fertiliser industry and another for industry at large, including the power sector. PRICEWATCH also reports the price of CNG and PNG published by the country's four principal retail gas distributors: Indraprastha Gas, Mahanagar Gas, Gujarat Gas and Adani Energy. Finally, PRICEWATCH provides the latest pump prices of diesel and petrol in the four biggest metros: Delhi, Mumbai, Kolkata and Chennai.

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