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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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Daily Press Review

PETROWATCH monitors Indian and foreign press internet websites on a daily basis for news articles and features of relevance to the Indian oil and gas sector.

Up to 20 links are provided each day to stories and company press releases about commercial and political developments in the country's exploration, gas marketing, refining and renewable energy sectors.

These links are formatted into a single Daily Press Review and sent to subscribers by e-mail, ensuring complete up-to-date information on every segment of the Indian energy sector.

For a free one-week trial to our Daily Press Review, please send your request to dpr@petrowatch.com providing your name, company and contact telephone number and we will add your e-mail address to the guest mailing list.

For subscription details please contact Rajat Kapur in Delhi on rajat@petrowatch.com on +91 98113 10 117 or Deepak Mehta in London on +44 7958 441 258.

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PETROWATCH Daily Press Review (05/09/07)


KG Basin’s rising capex now under petroleum ministry lens
(Source: Rajeev Jayaswal, Economic Times)

Quipo Oil & Gas to acquire 8 rigs for $140 million
(Source: Rakteem Katakey, Business Standard)

RIL east-west pipeline to be ready by December
(Source: PB Jayakumar, Business Standard)

Reliance eyes Kenya Petro stake
(Source: Suprotip Ghosh, Hindustan Times)

GAIL seeks nod for pipeline gas in 230 cities
(Source: IANS)

GAIL eyes Rs500 bn revenue by 2011
(Source: Reuters)

Oil minister: no plan to raise fuel prices
(Source: Reuters)

MRPL sells 36KT jet fuel for early Oct loading
(Source: Reuters)

Maharashtra petrol dealers go on strike
(Source: PTI)

ONGC plans tie-ups with energy, IT firms to boost output
(Source: PTI)

RS Sharma set to head ONGC
(Source: Yogima Seth, Times of India)

New satellite launch opens up business vistas
(Source: DS Madhumati, Mamuni Das & Thomas K Thomas, Hindu Business Line)

GDF-Suez merger deals a blow to EU ambition to open energy sector
(Source: Judy Dempsey & Katrin Bennhold, International Herald Tribune)

Gas pricing EGoM leaves others in lurch
(Source: The Pioneer)

Cairn India to invest Rs10bn in exploration
(Source: Busines Standard)

Five FIIs take stake in Assam Company
(Source: Hindu Business Line)

IOC plans to sell bonds worth Rs20bn in October
(Source: Hindu Business Line)

Oil, Oil on a wing
(Source: Sumana Guharay, Business Standard)

Expert’s entry hightens gas row
(Source: Asian Age)

COMPANY ANNOUNCEMENTS

CIL GAIL a decade of partnership
(Source: Cairn India)

Reliance Industries - Hon'ble High Court , Gujarat approve Scheme of Amalgamation
(Source: RIL)

Gail India - Press Release
(Source: IOC)

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