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Jul 2017
Land acquisition delays in the highly populated coal belt of India is one of the major reasons why CBM development plans are difficult to implement in India.
8For the private sector, land acquisition is perhaps a little easier but for the public sector, unable to cut out-of-turn deals with the same alacrity as the private sector when faced with recalcitrant landowners, it remains a tedious and extremely difficult job.
8Cost and time need for land acquisition have gone up by a factor of 15 times as compared to what was estimated in the Bokaro block.
8This difficultly is expected to be further accentuated when it comes to shale oil or gas production because the environmental footprint is going to be much larger as also the area needed to be acquired.
8The need to acquire high water volumes for hydro fracturing will be another big impediment.
8In India, the shale revolution of the US is unlikely to be replicated and policy makers will have to work in the larger cost of shale operations, including the environmental consequences, and juxtapose it against the cost of import of oil or gas and conduct a realistic cost benefit exercise.
Click on Details for more Details
8For the private sector, land acquisition is perhaps a little easier but for the public sector, unable to cut out-of-turn deals with the same alacrity as the private sector when faced with recalcitrant landowners, it remains a tedious and extremely difficult job.
8Cost and time need for land acquisition have gone up by a factor of 15 times as compared to what was estimated in the Bokaro block.
8This difficultly is expected to be further accentuated when it comes to shale oil or gas production because the environmental footprint is going to be much larger as also the area needed to be acquired.
8The need to acquire high water volumes for hydro fracturing will be another big impediment.
8In India, the shale revolution of the US is unlikely to be replicated and policy makers will have to work in the larger cost of shale operations, including the environmental consequences, and juxtapose it against the cost of import of oil or gas and conduct a realistic cost benefit exercise.
Click on Details for more Details
The website carries here details of the areas where shale oil and gas are likely to be available in India
8India is meant to have at least 100 tcf of shale gas assets
8But where are they located?
8And are they going to be easily extractable?
Click on Details for more Details
8India is meant to have at least 100 tcf of shale gas assets
8But where are they located?
8And are they going to be easily extractable?
Click on Details for more Details
Since cost economics were strained, ONGC is reported to be struggling with a high priced bid received for the installation of facilities in the Bokaro plant.
8The L-1 bid was found to be too high and hard negotiations had to be undertaken to reduce the price to a point where the cost economics of the entire project is not completely jeopardized.
8There were three bidders reportedly in the race
8And this is one instance where both the L-1 bidder and the company sat down together to reduce the big price significantly just so as to fit the reserve price
8But did the bidder reduce the price by far too much?
Click on Details for more Details
8The L-1 bid was found to be too high and hard negotiations had to be undertaken to reduce the price to a point where the cost economics of the entire project is not completely jeopardized.
8There were three bidders reportedly in the race
8And this is one instance where both the L-1 bidder and the company sat down together to reduce the big price significantly just so as to fit the reserve price
8But did the bidder reduce the price by far too much?
Click on Details for more Details
The cost economics notwithstanding, ONGC is determined to push ahead with the Bokaro development project.
8A contractor was eventually selected for installation of facilities
8Preliminary RFQs have already been issued to suppliers and sub contractors and a final set of RFQs are likely soon
8The total orders would come to around Rs 400 crore, involving supply of piping and assorted water processing, pumping and gas gathering equipment
Click on Details for key contacts for these orders, both from the owner side as well as from the side of the contractor consortium Details
8A contractor was eventually selected for installation of facilities
8Preliminary RFQs have already been issued to suppliers and sub contractors and a final set of RFQs are likely soon
8The total orders would come to around Rs 400 crore, involving supply of piping and assorted water processing, pumping and gas gathering equipment
Click on Details for key contacts for these orders, both from the owner side as well as from the side of the contractor consortium Details
A new and more aggressive bunch of contractors are now picking up turnkey contracts from ONGC.
8They are a tough lot. They work with smaller margins in comparison with the larger more experienced and technologically savvy EPC contractors who are are now unable compete.
8But these contractors are also a source of worry for the ONGC brass who believes that standards are being compromised and corners are cut when they win turnkey projects with low pricing.
8The company had issued a demarche to its contracting cells and its offshore and onshore engineering services companies to initiate a series of discussions with the likes of L&T and even foreign EPC companies on how to wean them back into the fold.
Click on Details for more Details
8They are a tough lot. They work with smaller margins in comparison with the larger more experienced and technologically savvy EPC contractors who are are now unable compete.
8But these contractors are also a source of worry for the ONGC brass who believes that standards are being compromised and corners are cut when they win turnkey projects with low pricing.
8The company had issued a demarche to its contracting cells and its offshore and onshore engineering services companies to initiate a series of discussions with the likes of L&T and even foreign EPC companies on how to wean them back into the fold.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Hiring of Mud Logging Services for various Onshore Blocks Details
8Carrying out reconnaissance and detailed pipeline route survey and develop Geographic Information System (GIS) Mapping of entire pipeline network Details
8Supply of Pressure Safety Valves to refinery Details
8Preparation of Detailed Project Report for submission to Haldia Development Authority for pumping station at Haldia Barauni product Pipeline at Haldia Details
8Maintenance Contract for GMS System at Vijayawada LPG Bottling Plant for two years Details
8Annual Maintenance Contract for Gas Monitoring System at Cochin Bottling Plant Details
8Carrying out Upgradation of heater inlet pipe line, valves etc. from carbon steel to pipe lines of Alloy Steel Details
8Procurement of Tube bundles for Heat Exchangers Details
8Procurement of tubes for Heat Exchangers Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Pradhan invites Naveen to ground breaking ceremony of Dhamra LNG terminal Details
8Petrol cheaper by over Rs 2/litre, diesel by Re 1 since daily revision Details
8Gujarat State Petroleum Corporation to merge into ONGC soon Details
8Petroleum dealers call nationwide strike on 12 July to protest lack of automation by OMCs Details
8French energy giant Total to sign Iran gas deal, biggest since sanctions lifted Details
8All eyes on July for U.S. oil demand to drain the overhang of inventories Details
8Crude oil prices edge up on first drop in U.S. drilling in months Details
8Dealers to stop fuel purchase on July 5 to protest against daily price revision Details
8India's highest petrol pump runs out of diesel Details
8No LPG connection in 6 northeast states till May; 4.3 million in UP under Ujjwala Yojana: RTI Details
8Oil slides as rising OPEC output outweighs U.S. decline Details
8ONGC pipeline leak: Tamil Nadu CM blames Kathiramangalam villagers for indulging in violence Details
8Arab nations extend deadline in Qatar crisis by 48 hours Details
You can also click on Newsclips for more Details
8Hiring of Mud Logging Services for various Onshore Blocks Details
8Carrying out reconnaissance and detailed pipeline route survey and develop Geographic Information System (GIS) Mapping of entire pipeline network Details
8Supply of Pressure Safety Valves to refinery Details
8Preparation of Detailed Project Report for submission to Haldia Development Authority for pumping station at Haldia Barauni product Pipeline at Haldia Details
8Maintenance Contract for GMS System at Vijayawada LPG Bottling Plant for two years Details
8Annual Maintenance Contract for Gas Monitoring System at Cochin Bottling Plant Details
8Carrying out Upgradation of heater inlet pipe line, valves etc. from carbon steel to pipe lines of Alloy Steel Details
8Procurement of Tube bundles for Heat Exchangers Details
8Procurement of tubes for Heat Exchangers Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Pradhan invites Naveen to ground breaking ceremony of Dhamra LNG terminal Details
8Petrol cheaper by over Rs 2/litre, diesel by Re 1 since daily revision Details
8Gujarat State Petroleum Corporation to merge into ONGC soon Details
8Petroleum dealers call nationwide strike on 12 July to protest lack of automation by OMCs Details
8French energy giant Total to sign Iran gas deal, biggest since sanctions lifted Details
8All eyes on July for U.S. oil demand to drain the overhang of inventories Details
8Crude oil prices edge up on first drop in U.S. drilling in months Details
8Dealers to stop fuel purchase on July 5 to protest against daily price revision Details
8India's highest petrol pump runs out of diesel Details
8No LPG connection in 6 northeast states till May; 4.3 million in UP under Ujjwala Yojana: RTI Details
8Oil slides as rising OPEC output outweighs U.S. decline Details
8ONGC pipeline leak: Tamil Nadu CM blames Kathiramangalam villagers for indulging in violence Details
8Arab nations extend deadline in Qatar crisis by 48 hours Details
You can also click on Newsclips for more Details
"Exnovation" is the new coinage by the global climate change lobby and it is likely to be in greater use in the foreseeable future.
8Essentially what it means is a "creative destruction" of fossil fuel assets through a global consensus
8The lobby is going beyond pricing signals through a carbon tax and is now asking for a time limit to phase out fossil fuel assets, through government-social network initiatives, disinvestments and other means.
8These initiatives can include a phased cut out of conventional vehicles and their replacement by electric cars or policies akin to what the France did recently of banning all future exploration activities.
Click on Reports to figure out more on this new momentum Details
8Essentially what it means is a "creative destruction" of fossil fuel assets through a global consensus
8The lobby is going beyond pricing signals through a carbon tax and is now asking for a time limit to phase out fossil fuel assets, through government-social network initiatives, disinvestments and other means.
8These initiatives can include a phased cut out of conventional vehicles and their replacement by electric cars or policies akin to what the France did recently of banning all future exploration activities.
Click on Reports to figure out more on this new momentum Details
Price of crude oil in India
8Trend in price of Indian basket crude oil and petroleum products in international markets 52
8Price build-up of PDS kerosene at Mumbai 53
8Element wise explanation of price build up of PDS kerosene 54
8Price build-up of domestic LPG at Delhi 55
8Element wise explanation of price build up of domestic LPG 56
8Summarised buildup of Retail Selling Price (RSP) of petrol diesel, kerosene and LPG
8Share of taxes in Retail Selling Price (RSP) of petroleum products (petrol and diesel)
8Share of taxes in Retail Selling Price (RSP) of petroleum products: Diesel 59
8Break up of current excise duty on petrol & diesel 59
8Share of taxes in RSP of PDS kerosene and LPG
8Weightage of petroleum products in Wholesale Price Index (WPI) 61
8Estimated impact of increase in Retail Selling Price (RSP) of major petroleum products on inflation (WPI index)
8Dealer's commission on petrol & diesel 62
8Wholesale dealer's commission on PDS kerosene
Click on Reports for more Details
8Trend in price of Indian basket crude oil and petroleum products in international markets 52
8Price build-up of PDS kerosene at Mumbai 53
8Element wise explanation of price build up of PDS kerosene 54
8Price build-up of domestic LPG at Delhi 55
8Element wise explanation of price build up of domestic LPG 56
8Summarised buildup of Retail Selling Price (RSP) of petrol diesel, kerosene and LPG
8Share of taxes in Retail Selling Price (RSP) of petroleum products (petrol and diesel)
8Share of taxes in Retail Selling Price (RSP) of petroleum products: Diesel 59
8Break up of current excise duty on petrol & diesel 59
8Share of taxes in RSP of PDS kerosene and LPG
8Weightage of petroleum products in Wholesale Price Index (WPI) 61
8Estimated impact of increase in Retail Selling Price (RSP) of major petroleum products on inflation (WPI index)
8Dealer's commission on petrol & diesel 62
8Wholesale dealer's commission on PDS kerosene
Click on Reports for more Details
Consumption of petroleum products
8Petroleum products demand & Gross Domestic Product (GDP) during Plan periods
8End use analysis of HSD sales & diesel consumption by sectors
8State-wise sales of selected petroleum products
8Oil industry Retail Outlets & SKO / LDO agencies
8Category wise retail outlets and SKO/LDO agencies
8Industry marketing infrastructure as on 01.04.2017
8Break-up of petroleum products consumption data (PSU and Private)
Click on Reports for more Details
8Petroleum products demand & Gross Domestic Product (GDP) during Plan periods
8End use analysis of HSD sales & diesel consumption by sectors
8State-wise sales of selected petroleum products
8Oil industry Retail Outlets & SKO / LDO agencies
8Category wise retail outlets and SKO/LDO agencies
8Industry marketing infrastructure as on 01.04.2017
8Break-up of petroleum products consumption data (PSU and Private)
Click on Reports for more Details
Refineries: Installed capacity and crude oil processing
8High Sulphur (HS) & Low Sulphur (LS) crude oil processing
8Imported crude & indigenous crude oil processing
8Production of petroleum products
8Production of petroleum products: All sources
8Production vs consumption of petroleum products
8Gross Refining Margins (GRM) of refineries
8GRM of North East refineries excluding excise duty benefit
8Distillate yield of PSU refineries
8Fuel and Loss data
8Specific energy consumption (MBN number) of PSU refineries
8Import / export of crude oil and petroleum products
Click on Reports for more Details
8High Sulphur (HS) & Low Sulphur (LS) crude oil processing
8Imported crude & indigenous crude oil processing
8Production of petroleum products
8Production of petroleum products: All sources
8Production vs consumption of petroleum products
8Gross Refining Margins (GRM) of refineries
8GRM of North East refineries excluding excise duty benefit
8Distillate yield of PSU refineries
8Fuel and Loss data
8Specific energy consumption (MBN number) of PSU refineries
8Import / export of crude oil and petroleum products
Click on Reports for more Details
At some point in the past, there was much enthusiasm on use of bio-fuels as a viable alternative
8A number of studies suggested that biofuels could contribute up to a quarter of global transportation fuel demand by 2050, provided technological breakthroughs reduce the costs of sustainably produced advanced biofuels to a level where they can compete with petroleum fuels.
8But these hopes are likely to be belied
8The website carries here a detailed study to tell you why
Click on Reports for more Details
8A number of studies suggested that biofuels could contribute up to a quarter of global transportation fuel demand by 2050, provided technological breakthroughs reduce the costs of sustainably produced advanced biofuels to a level where they can compete with petroleum fuels.
8But these hopes are likely to be belied
8The website carries here a detailed study to tell you why
Click on Reports for more Details
In India, advanced biofuel development remains at the experimental stage with no viable plans for scaling it up.
8Both the private and public sectors claim to be successful in developing and customizing technology for converting ligno-cellulosic materials into advanced biofuels.
8Also, trials are still underway to process municipal solid waste, micro-algae and photosynthetic organisms into advanced biofuels.
8It will be a long time before these technologies hit the market or scale up production to make a difference in the supply chain.
Click on Reports for more Details
8Both the private and public sectors claim to be successful in developing and customizing technology for converting ligno-cellulosic materials into advanced biofuels.
8Also, trials are still underway to process municipal solid waste, micro-algae and photosynthetic organisms into advanced biofuels.
8It will be a long time before these technologies hit the market or scale up production to make a difference in the supply chain.
Click on Reports for more Details
While ethanol blending has stymied, the target for the proposed biodiesel belnd of 20% to conventional diesel by 2017 is nowhere in sight.
8The National Biodiesel Mission (NBM) identified jatropha (jatropha curcas) as the most suitable inedible oilseed for biodiesel production but targets are far from being met due to a host of agronomical and economic constraints.
8To help fill the gap, several existing biodiesel units shifted operations to adopt multiple feedstock technology, which utilizes ‘used cooking oils’ (UCO), other unusable oil fractions, animal fats, and inedible oils; this achieved a minimal (0.001) blend rate.
8This market for biodiesel (B100) may grow but a commercially viable strategy is lacking
Click on Reports for more Details
8The National Biodiesel Mission (NBM) identified jatropha (jatropha curcas) as the most suitable inedible oilseed for biodiesel production but targets are far from being met due to a host of agronomical and economic constraints.
8To help fill the gap, several existing biodiesel units shifted operations to adopt multiple feedstock technology, which utilizes ‘used cooking oils’ (UCO), other unusable oil fractions, animal fats, and inedible oils; this achieved a minimal (0.001) blend rate.
8This market for biodiesel (B100) may grow but a commercially viable strategy is lacking
Click on Reports for more Details
8The Indian bio-fuel industry does not seem to being going anywhere for now.
8India in 2016 achieved its highest ever ethanol market penetration, a gasoline blend rate of 3.3 percent on average across the country.
8But tight ethanol supplies through 2018 will limit further gains or even shrink that percentage of penetration.
8As a result, the ethanol blending program (EBP) is likely to expand but at a slower pace as demand has to be met by increasing imports
8Imports that emerged in 2015 is expected to grow rapidly through 2018.
8Ethanol imports will rise from 400 million liters in 2016 to 600 million liters through 2018.
Click on Reports for more Details
8India in 2016 achieved its highest ever ethanol market penetration, a gasoline blend rate of 3.3 percent on average across the country.
8But tight ethanol supplies through 2018 will limit further gains or even shrink that percentage of penetration.
8As a result, the ethanol blending program (EBP) is likely to expand but at a slower pace as demand has to be met by increasing imports
8Imports that emerged in 2015 is expected to grow rapidly through 2018.
8Ethanol imports will rise from 400 million liters in 2016 to 600 million liters through 2018.
Click on Reports for more Details
All eyes are on the first set of LNG cargoes that GAIL will have to uplift from Train 4 of the Sabine Pass terminal in the US
8Latest data shows that the Train 4 is currently under commissioning
8Even as GAIL struggles to find a market, US LNG cargoes are now plying across the world, providing both depth and diversity to the market.
Click on Reports for more Details
8Latest data shows that the Train 4 is currently under commissioning
8Even as GAIL struggles to find a market, US LNG cargoes are now plying across the world, providing both depth and diversity to the market.
Click on Reports for more Details
Latest research shows that the levelized cost of electricity from solar PV, which is now almost a quarter of what it was just in 2009, is set to drop another 66% by 2040.
8By then a dollar will buy 2.3 times as much solar energy than it does today. Solar is already at least as cheap as coal in Germany, Australia, the U.S., Spain and Italy.
8By 2021, it will be cheaper than coal in China, India, Mexico, the U.K. and Brazil as well.
8China and India are a $4 trillion opportunity for the energy sector.
8China and India account for 28% and 11% of all investment in power generation by 2040.
8Electric vehicles bolster electricity use and help balance the grid. In Europe and the U.S., EVs account for 13% and 12% respectively of electricity generation by 2040. Charging EVs flexibly, when renewables are generating and wholesale prices are low, will help the system adapt to intermittent solar and wind. The growth of EVs pushes the cost of lithium-ion batteries down 73% by 2030.
8Coal-fired power collapses in Europe and the U.S., continues to grow in China, but peaks globally by 2026.
8One of the big questions for the future of electricity systems is how large amounts of variable wind and solar generation can be accommodated, and yet keep the lights on at all times.
8Skeptics worry about ultra-cheap renewables depressing power prices and squeezing out base-load coal, gas and nuclear plants.
8But smart charging by electric vehicles during day time, small-scale battery systems in business and households, plus utility-scale storage on the grid, playing a big part in smoothing out the peaks and troughs in supply caused by variable wind and solar generation.
Click on Reports for more Details
8By then a dollar will buy 2.3 times as much solar energy than it does today. Solar is already at least as cheap as coal in Germany, Australia, the U.S., Spain and Italy.
8By 2021, it will be cheaper than coal in China, India, Mexico, the U.K. and Brazil as well.
8China and India are a $4 trillion opportunity for the energy sector.
8China and India account for 28% and 11% of all investment in power generation by 2040.
8Electric vehicles bolster electricity use and help balance the grid. In Europe and the U.S., EVs account for 13% and 12% respectively of electricity generation by 2040. Charging EVs flexibly, when renewables are generating and wholesale prices are low, will help the system adapt to intermittent solar and wind. The growth of EVs pushes the cost of lithium-ion batteries down 73% by 2030.
8Coal-fired power collapses in Europe and the U.S., continues to grow in China, but peaks globally by 2026.
8One of the big questions for the future of electricity systems is how large amounts of variable wind and solar generation can be accommodated, and yet keep the lights on at all times.
8Skeptics worry about ultra-cheap renewables depressing power prices and squeezing out base-load coal, gas and nuclear plants.
8But smart charging by electric vehicles during day time, small-scale battery systems in business and households, plus utility-scale storage on the grid, playing a big part in smoothing out the peaks and troughs in supply caused by variable wind and solar generation.
Click on Reports for more Details
Keeping the ear to the ground will be one of the biggest challenges for both suppliers and producers of gas in India
8A new quantitative study shows that India's power grid can absorb 100 GW of solar and 60 GW of wind energy by 2022 and this can be done without the collapse of the grid by improving operational efficiencies, including enhanced cooperation between states and regions.
8This new modeling is based on a detailed production cost model, which simulates optimal scheduling and dispatch of available generation in a future year (2022) by minimizing total production costs subject to physical, operational, and market constraints.
8The result cannot be good news for both coal and gas suppliers.
8There is a 20% reduction in gas supply to the power sector -- from 6.4 MMT to 4.4 MMT -- and a 20% cut in coal.
8The fact that new modeling exercises are calling for a cut in gas consumption instead of an increase needs careful investigation by gas suppliers and those who are involved in the forecast of gas demand in India.
8The entire increase in gas demand will then have to come from the non-power sector, while also absorbing a fall in demand from the power sector.
8Pertinently, this will happen at a time when domestic production of gas from existing and proposed investments are likely to peak around the year 2022.
8LNG imports, particularly by new terminals which are expected to come up by then, are likely to be impacted as will be the landed price of LNG in a scenario where LNG supplies will continue to be in excess of demand.
Click on Reports for more Details
8A new quantitative study shows that India's power grid can absorb 100 GW of solar and 60 GW of wind energy by 2022 and this can be done without the collapse of the grid by improving operational efficiencies, including enhanced cooperation between states and regions.
8This new modeling is based on a detailed production cost model, which simulates optimal scheduling and dispatch of available generation in a future year (2022) by minimizing total production costs subject to physical, operational, and market constraints.
8The result cannot be good news for both coal and gas suppliers.
8There is a 20% reduction in gas supply to the power sector -- from 6.4 MMT to 4.4 MMT -- and a 20% cut in coal.
8The fact that new modeling exercises are calling for a cut in gas consumption instead of an increase needs careful investigation by gas suppliers and those who are involved in the forecast of gas demand in India.
8The entire increase in gas demand will then have to come from the non-power sector, while also absorbing a fall in demand from the power sector.
8Pertinently, this will happen at a time when domestic production of gas from existing and proposed investments are likely to peak around the year 2022.
8LNG imports, particularly by new terminals which are expected to come up by then, are likely to be impacted as will be the landed price of LNG in a scenario where LNG supplies will continue to be in excess of demand.
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Hiring services of bolt torquing and tensioning jobs in refinery Details
8Annual Rate Contract for Civil and Associated works including repair and maintenance Details
8Hiring of Direct Marketing Agency for registering new consumers for Piped Natural Gas Details
8Procurement of Isolation Valves and appliance valves for Gas company Details
8Laying of MDPE Network and above ground GI pipes and other associated works for supply of piped Natural Gas in Vijayawada City Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8GST to boost GDP growth; positive for India's rating: Moody's Details
8FICCI lauds Ministry of Petroleum, Natural Gas, says initiatives will boost sector Details
8Iraq's oil exports average 3.273 million bpd in June -ministry Details
8Two more petrol pumps raided in Thane, Maharashtra for tempered vending machines Details
8Oil tanker with 38,000 tonne petrol, cargo ship collide in English Channel Details
8Petrol, diesel, aviation fuel kept out of GST, to be decided upon later: Ashok Gajapati Raju Details
8India's largest refiner IOC setting up Singapore oil unit - sources Details
8OPINION: GST is a true product of political cooperation Details
8Asia diesel margins climb to more than 2-month high on India buying spree Details
8LNG price row between India, U.S. crimps Trump's export aims Details
8Hedge funds cut U.S. crude oil net longs to 9-month low Details
8Russia's Rosneft set for global natural gas tussle with Gazprom Details
8Integration of oil & gas majors is best avoided Details
8Rethinking the budget in a post-GST India Details
8India gives Iran $11 billion 'best offer' on Farzad-B Gas field Details
8LPG costlier on GST, lower subsidy Details
8GST Council has to decide on petroleum, Centre for its inclusion: Arun Jaitley Details
8Core sector activity rises to 3.6% in May Details
You can also click on Newsclips for more Details
8Hiring services of bolt torquing and tensioning jobs in refinery Details
8Annual Rate Contract for Civil and Associated works including repair and maintenance Details
8Hiring of Direct Marketing Agency for registering new consumers for Piped Natural Gas Details
8Procurement of Isolation Valves and appliance valves for Gas company Details
8Laying of MDPE Network and above ground GI pipes and other associated works for supply of piped Natural Gas in Vijayawada City Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8GST to boost GDP growth; positive for India's rating: Moody's Details
8FICCI lauds Ministry of Petroleum, Natural Gas, says initiatives will boost sector Details
8Iraq's oil exports average 3.273 million bpd in June -ministry Details
8Two more petrol pumps raided in Thane, Maharashtra for tempered vending machines Details
8Oil tanker with 38,000 tonne petrol, cargo ship collide in English Channel Details
8Petrol, diesel, aviation fuel kept out of GST, to be decided upon later: Ashok Gajapati Raju Details
8India's largest refiner IOC setting up Singapore oil unit - sources Details
8OPINION: GST is a true product of political cooperation Details
8Asia diesel margins climb to more than 2-month high on India buying spree Details
8LNG price row between India, U.S. crimps Trump's export aims Details
8Hedge funds cut U.S. crude oil net longs to 9-month low Details
8Russia's Rosneft set for global natural gas tussle with Gazprom Details
8Integration of oil & gas majors is best avoided Details
8Rethinking the budget in a post-GST India Details
8India gives Iran $11 billion 'best offer' on Farzad-B Gas field Details
8LPG costlier on GST, lower subsidy Details
8GST Council has to decide on petroleum, Centre for its inclusion: Arun Jaitley Details
8Core sector activity rises to 3.6% in May Details
You can also click on Newsclips for more Details
