News from other websites on Petroleum
Tripura wants gas supply to small scale industries
May 25, 2013 at 20:12 | Source: The Hindu BusinessLine
Agartala, May 25: Tripura government has sought the intervention of Union minister for Petroleum and Natural gas, M Veerappa Moily for continuing the supply of natural gas to the small scale industries in the state in Administered Price Mechanism (A...
Reliance strikes new, rich vein of gas in KG
May 25, 2013 at 10:10 | Source: DNA India
After months of flagging output from its Krishna Godavari (KG) asset, Reliance Industries (RIL) on Friday announced a substantial discovery in the basin. Initial estimates from the new discovery suggest that the reserve potential could be quite mean...
Not favouring RIL, gas price review to help PSUs too: M Veerappa Moily
May 25, 2013 at 03:21 | Source: Economic Times
NEW DELHI: Oil Minister Veerappa Moily has refuted CPI leader Gurudas Dasgupta's allegations of favouring Reliance Industries as "totally false and baseless" and said the proposed gas price revision is the government's contractual obligation, which ...
Moily refutes allegations of favouring RIL
May 25, 2013 at 00:25 | Source: Business Today
Oil Minister M Veerappa Moily Strongly refuting allegations of favouring Reliance Industries, Oil Minister M Veerappa Moily on Friday said the proposed revision in natural gas price will apply to all companies including state-owned ONGC.Moily trashe...
May 25, 2013 at 00:22 | Source: The Hindu BusinessLine
One of India’s most industrialised States, Gujarat got a head start in 1861 when the first textile mill was established in Ahmedabad. For long, textiles remained the bedrock of Gujarat’s economy till the growth of the pharma industry and...
LyondellBasell to buy back 10% of outstanding shares, hike dividend
May 24, 2013 at 21:32 | Source: DomainB
LyondellBasell Industries NV will repurchase 10 per cent of its outstanding shares over the next 12 months, under a programme approved by its shareholders and its supervisory board. The repurchases will be executed from time to time through open mar...
Never favoured Reliance Industries, allegations baseless: Veerappa Moily
May 24, 2013 at 20:52 | Source: FirstPost
New Delhi: Strongly refuting allegations of favouring Reliance Industries, Oil Minister M Veerappa Moily today said the proposed revision in natural gas price will apply to all companies including state-owned ONGC.Moily trashed CPI MP Gurudas Dasgupt...
RIL-BP announce biggest ever gas discovery in KG-D6 block
May 24, 2013 at 20:39 | Source: FirstPost
New Delhi: Reliance Industries (RIL) today announced a huge natural gas discovery, possibly the biggest find ever, in the flagging eastern offshore KG-D6 block that will be key to arresting falling output. RIL and its partner BP plc of UK encountered...
MRPL suffers Rs 62-cr loss in Q4; no dividend this year
May 24, 2013 at 20:22 | Source: The Hindu BusinessLine
New Delhi, May 24: With Mangalore Refinery and Petrochemicals Ltd (MRPL) suffering losses in three out of four quarters, the company has decided not to declare dividend for 2012-13. MRPL recorded a loss of Rs 61.90 crore (a profit of Rs 601.97 crore...
Reliance Industries Ltd, British Petroleum make huge gas discovery in KG-D6 block
May 24, 2013 at 20:20 | Source: Economic Times
NEW DELHI: Reliance Industries (RIL) today announced a huge natural gas discovery, possibly the biggest find ever, in the flagging eastern offshore KG-D6 block that will be key to arresting falling output. RIL and its partner BP plc of UK encountere...
Never favoured Reliance Industries, allegations baseless: Moily
May 24, 2013 at 20:02 | Source: FirstPost
New Delhi: Strongly refuting allegations of favouring Reliance Industries, Oil Minister M Veerappa Moily today said the proposed revision in natural gas price will apply to all companies including state-owned ONGC.Moily trashed CPI MP Gurudas Dasgupt...
Moily refutes allegations of favouring Reliance Industries
May 24, 2013 at 18:56 | Source: DNA India
Strongly refuting allegations of favouring Reliance Industries, Oil Minister M Veerappa Moily today said the proposed revision in natural gas price will apply to all companies including state-owned ONGC. Moily thrashed CPI MP Gurudas Dasgupta s alle...
M Veerappa Moily refutes allegations of favouring Reliance Industries
May 24, 2013 at 18:01 | Source: Economic Times
NEW DELHI: Strongly refuting allegations of favouring Reliance Industries, Oil Minister M Veerappa Moily today said the proposed revision in natural gas price will apply to all companies including state-owned ONGC. Moily thrashed CPI MP Gurudas Dasg...
Gigantic scam in gas price revision process for KG D-6 basin: Gurudas Dasgupta
May 24, 2013 at 15:07 | Source: Economic Times
NEW DELHI: A senior CPI leader has alleged that the finance ministry, the oil ministry and the Planning Commission colluded to push Mukesh Ambani-owned Reliance Industries' KG-D6 gas price to more than the rate proposed by the Rangarajan Committee. ...
No shale gas auction in command area: CIL
May 24, 2013 at 15:07 | Source: Economic Times
KOLKATA: State-owned Coal India (CIL) will not allow the government to auction shale gas blocks in its command area, its chairman S Narsing Rao said. This takes away substantial portion of shale gas reserves in Damodar basin, Bengal basin and in the...
HPCL to buy up to 40,000 barrels per day of Basra light oil from Total
May 24, 2013 at 15:07 | Source: Economic Times
NEW DELHI: Hindustan Petroleum Corp will buy up to 40,000 barrels per day (bpd) of Basra light oil from France's Total at a discount to the official selling price, said a source at the firm. HPCL will lift 15,000 bpd of the Iraqi oil with an option t...
BP plc wants to surrender KG basin block it won with Reliance Industries
May 24, 2013 at 12:32 | Source: Financial Express
UK's BP plc has offered to surrender a KG basin block after restrictions imposed by the Defence Ministry made oil and gas exploration practically impossible in it. BP along with Reliance Industries had won the deep-sea KG-DWN-2005/2 or KG-D17 block ...
India s core sector output data could be significantly understated
May 24, 2013 at 09:26 | Source: Economic Times
NEW DELHI: India's core sector output that grew at the slowest in a decade in 2012-13 could be significantly understated. The official numbers don't include oil output from a five-year-old unit in the world's largest refinery run by India's biggest ...
Japan stocks recover modestly after steep sell-off
May 24, 2013 at 08:37 | Source: Market Watch
HONG KONG (MarketWatch) — Japanese stocks jumped Friday amid expectations that the rally that began late last year may have further to go, with relief buying emerging after the extreme losses Tokyo suffered the previous day. Most other regional ma...
'Gigantic scam in gas price revision process for KG D-6 basin'
May 24, 2013 at 06:35 | Source: Economic Times
NEW DELHI: CPI MP Gurudas Dasgupta today alleged that "a gigantic scam was being enacted" in the process of gas price revision for KG D-6 basin and sought Prime Minister Manmohan Singh's immediate intervention in the matter. He sought the removal of...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
