Petrowatch TOP STORIES

Valentine’s Day grief for BG chief in Gujarat

Thu, 23 Feb 2012 12:49:35 IST

Valentine’s Day was no romantic date for British Gas India president and managing director Walter Simpson. Instead of flowers

BG’s unfriendly dataroom for Gujarat Gas bidders

Thu, 23 Feb 2012 12:50:00 IST

British Gas is not only asking too much for its 65.12% stake in Gujarat Gas, say some, it is also making

RasGas coming to Delhi next month for LNG talks

Thu, 23 Feb 2012 12:50:34 IST

India is trying to tempt Qatar into releasing up to 15m t/y of additional LNG by offering investment

LNG terminals could soon be under PNGRB control

Thu, 23 Feb 2012 12:51:34 IST

For better or for worse, regulators at the Petroleum & Natural Gas Regulatory Board (PNGRB) want additional

Imminent crackdown on gas ‘marketing margins’

Thu, 23 Feb 2012 12:52:27 IST

Despite its free-market credentials, India remains a country where the government, on a whim, can decide

Niko launches legal proceedings against IndianOil

Thu, 23 Feb 2012 12:52:57 IST

Niko Resources has launched legal proceedings against the oil ministry and state-owned refiner IndianOil

DGH tells GSPC to stop favouring Engineers India

Thu, 23 Feb 2012 12:53:27 IST

GSPC’s cosy relationship with Engineers India (EIL) could cost it dear, warns the DGH. At the last Management

Rahul Dhir dismisses Reliance move speculation

Thu, 09 Feb 2012 15:21:39 IST

Listen to market chatter and the word is that Rahul Dhir is leaving his job as CEO of Cairn India for Reliance

Chaturvedi calls on MEA to help OVL in Sudan

Thu, 09 Feb 2012 15:21:57 IST

Oil secretary Girish Chaturvedi has asked foreign secretary Ranjan Mathai to help OVL as it deals with growing

Vasudeva asks ONGC to ‘clap’ his first 100 days

Thu, 09 Feb 2012 15:22:23 IST

Sudhir Vasudeva is spending too much time blowing his own trumpet and not enough time working to revitalise ONGC

Musical chairs at ministry in ‘babu’ re-shuffle

Thu, 09 Feb 2012 15:24:19 IST

Nine oil ministry directors and one joint secretary received new assignments on Tuesday (February 7) after a major

ONGC tells PM it can’t do Barmer refinery alone

Thu, 09 Feb 2012 15:24:39 IST

ONGC is telling Prime Minister Manmohan Singh he should ask Hindustan Petroleum or IndianOil to take the lead

BP rubbishes government gas-pooling proposal

Thu, 09 Feb 2012 15:25:05 IST

BP has come out strongly against the proposed ‘gas price pooling’ regime recommended by a government panel headed

ONGC Videsh budgets more than $4bn spend

Thu, 09 Feb 2012 15:25:30 IST

Service contractors can look forward to high value tenders worth millions of dollars this year from ONGC Videsh

Yemen offers 10 oil blocks to India without tender

Thu, 26 Jan 2012 13:29:24 IST

Troubled Yemen wants more Indian investment in its oil and gas sector to shore up its sagging economy, hit by continuing political

European oil ban to hit OVL spending in Syria

Thu, 26 Jan 2012 13:29:51 IST

ONGC Videsh (OVL) investment plans in Syria are in trouble following the European ban on Syrian oil imports that began last

Borthakur hot favourite as ONGC offshore director

Thu, 26 Jan 2012 13:30:21 IST

ONGC chairman Sudhir Vasudeva is rumoured to be backing Mumbai High asset chief PK Borthakur for the director offshore position

Reddy gives Giridhar low profile marketing position

Thu, 26 Jan 2012 13:30:42 IST

Joint secretary Aramane Giridhar was barely at the oil ministry a week before he received his first lesson in its bizarre and inexplicable

SBI Caps values Adani pipeline network at $7.9m

Thu, 26 Jan 2012 13:31:04 IST

Green Gas, an IndianOil and GAIL joint venture, is set to acquire the defunct gas pipeline network in Lucknow owned by Adani Gas

Gujarat Gas wins Competition Commission reprieve

Thu, 26 Jan 2012 13:31:28 IST

Gujarat Gas and its outgoing UK-based owner British Gas received excellent news on January 17 when the fair-play watchdog Competition

Lanco and GMR win support against oil ministry

Thu, 26 Jan 2012 13:31:56 IST

Lanco Infratech and Bangalore-based GMR Group have won power ministry support in their fight against the oil ministry cancellation

Raju uses farewell party to put DGH in its place

Thu, 12 Jan 2012 15:22:33 IST

DN Narasimha Raju used his farewell party at the oil ministry as an opportunity to criticise the DGH for exceeding its remit

Navy objects to Geo Hindsagar seismic survey

Thu, 12 Jan 2012 15:23:00 IST

ONGC might soon be forced to relinquish eastern offshore shallow water block KG-OSN-2009/4 because of Indian naval

Reliance wants exit from two Kurdistan blocks

Thu, 12 Jan 2012 15:23:33 IST

In public Mukesh Ambani-controlled Reliance might issue a denial but it seems the company wants to exit two exploration blocks in

GSPC ponders whether to exit ‘expensive’ Egypt

Thu, 12 Jan 2012 15:23:58 IST

Egypt’s ancient pharaohs rarely hesitated to devote vast resources to monuments like the Giza pyramids, but then again

IGL wants Delhi marketing monopoly till 2013

Thu, 12 Jan 2012 15:24:46 IST

Indraprastha Gas (IGL) is fighting to retain its monopoly in the national capital for just a little bit longer. PETROWATCH learns

Santos still positive on India despite setbacks

Thu, 12 Jan 2012 15:25:10 IST

Australian explorer Santos deserves an award for courage in the face of bureaucracy. It’s been nearly three years since it declared

Talukdar and Rath not interested in DGH top job

Thu, 12 Jan 2012 15:25:34 IST

ONGC is one of Asia’s largest E&P companies but somehow it’s always a candidate from junior state-owned explorer Oil India

Total and criminality cloud Nigeria exit for OMEL

Thu, 15 Dec 2011 13:24:03 IST

Some blame ONGC Mittal Energy’s (OMEL) overdependence on French partner Total for its decision to relinquish two Nigerian

Court blocks 11,600 new planned petrol pumps

Thu, 15 Dec 2011 13:24:32 IST

IndianOil, Bharat Petroleum, Hindustan Petroleum and the oil ministry are on a collision course with the judiciary over plans

Lucrative ONGC director positions soon vacant

Thu, 15 Dec 2011 13:24:52 IST

ONGC directors win many ‘rewards’ in their job so it’s not surprising candidates use all means available to win these prized

Reddy backs new 1220-km product pipeline to AP

Thu, 15 Dec 2011 13:25:14 IST

Oil minister Jaipal Reddy is rumoured to be the brains behind IndianOil’s proposal to lay a fresh 1220-km petroleum product pipeline

Underwater gas pipeline from Middle East to India

Thu, 15 Dec 2011 13:26:02 IST

BK Chaturvedi was once cabinet secretary to Prime Minister Manmohan Singh, one of the most powerful government positions

Disgraceful delay in Coal Mine Methane tender

Thu, 15 Dec 2011 13:26:34 IST

Losing power is clearly more worrying for oil ministry bureaucrats than the threat of melting polar icecaps. Witness the obstacles

Gas to Gujarat factories is 79% of all PNG sales

Thu, 15 Dec 2011 13:27:00 IST

Despite its dependence on costly R-LNG, fast-industrialising Gujarat has overtaken the capital New Delhi with the most

‘Tell us if any of our staff ask for bribes’: GAIL

Thu, 01 Dec 2011 14:55:18 IST

Corruption is endemic in India yet state-owned companies frequently find it hard to detect even among their own staff

Weakening Rupee hits gas retailers in the pocket

Thu, 01 Dec 2011 15:15:34 IST

Panic is spreading among city gas retail companies as the Indian rupee continues its inexorable slide, hitting a low of

ONGC wants Rajasthan repeat at other fields

Thu, 01 Dec 2011 15:01:32 IST

Give ONGC an inch and it will gladly take a mile! This is what Cairn India and Hardy Oil & Gas are learning the hard

OVL to take $74m hit in Brazil for sloppy work

Thu, 01 Dec 2011 15:02:01 IST

Taxpayers won’t be pleased to hear state-owned ONGC Videsh (OVL) might be forced to pay more than $63m as ‘standby charges’ for

Cautious Krishnan cancels CGD licensing round

Thu, 01 Dec 2011 15:03:32 IST

India’s new gas regulator S. Krishnan might think extreme caution avoids controversy, but his strategy will make gas retailers

Rajasthan court questions PNGRB over Adani

Thu, 01 Dec 2011 15:05:51 IST

India’s gas regulator has until December 8 to explain to the Rajasthan High Court why it is refusing to authorise two city

Lanco and GMR deny ‘profiteering’ allegations

Thu, 01 Dec 2011 15:06:13 IST

Lanco Infratech and Bangalore-based GMR Group vehemently deny allegations they are ‘profiteering’ by using cheap D6 gas supplies

Reddy talks LNG with Australian counterpart

Thu, 17 Nov 2011 15:35:24 IST

Jaipal Reddy was pleasantly surprised by positive signals from his Australian counterpart earlier this month, when the two met

Singapore targets GSPC for possible investment

Thu, 17 Nov 2011 15:35:48 IST

Singapore could soon be playing a key role in the commercialisation of GSPC’s Deen Dayal discovery, where first production is

Ashok Singh declares war on S. Roy Choudhury

Thu, 17 Nov 2011 15:36:18 IST

Hindustan Petroleum chairman S. Roy Choudhury has promised to fight a series of damaging allegations soon to be laid bare

Congress politician ‘blackmails’ GSPC in Yanam

Thu, 17 Nov 2011 15:36:47 IST

‘Blackmail’ is a bold allegation to make but GSPC has no qualms using the word to describe the demands of Malladi Krishna Rao

Poten & Partners caught up in IOC tender row

Thu, 17 Nov 2011 15:37:11 IST

IndianOil has hit back at allegations of bias towards Poten & Partners in a tender to hire a LNG sourcing consultant

Modi’s secret attempt to end GeoGlobal row

Thu, 17 Nov 2011 15:37:35 IST

Gujarat chief minister Narendra Modi held a secret meeting on November 5 with Canada’s minister for international trade Edward Fast

Wounded Mansingh lashes out at oil ministry

Thu, 17 Nov 2011 15:38:07 IST

Even after retirement, Labanyendu Mansingh finds it hard to forgive the oil ministry for interfering during his tenure as India’s

LNG imports high on Krishna’s Moscow agenda

Thu, 03 Nov 2011 15:30:31 IST

SM Krishna, India’s foreign minister, will lead intergovernmental talks with Russia to secure LNG imports for IndianOil