Crude oil futures in the international market rose marginally in recent trade because traders expected the US economy to avert recession after the US government arrived at a deal on fiscal cliff. Recently, the Senate and the House of Representatives approved a deal preventing a raft of aust
Category: Oil & Gas
Post
Post
City gas distribution is in evolution stage
The policy makers, regulator and CGD companies must come together and work towards bringing about positive changes in the sector to maintain its attractiveness, writes Samrat Chauhan.
Post
Heading for a revival?
Development of infrastructure is vital for the progress of Indian economy. However, a collective support of other sectors is required to achieve its goal. The year just gone was shaded with the dark patches of issues like slowdown and lack of policy initiatives. However, a realistic approach in policy frame work and the revival of the global economy can uplift the sentiments of the industry in the coming years. Arvind Mahajan writes on the performance and outlook of India's infrastructure sector
Post
Infrascape 2013 | Opening up of FDI should improve investment
The oil and gas sector was once again marred by mounting under-recoveries with upstream public sector oil companies takÂing a hit of Rs 30,200 crore during April-September 2012 period, a 39 per cent rise in the burÂden compared with the same period last year.
Post
Gujarat to remain a hot-spot for oil & gas sector
The vibrant state of Gujarat has been emerging as a major investment destination for the oil and gas sector due to the state governmentÂ’s sound economic policies.
Over the years, various industries such as power, automobiles, healthcare, gems, jewellery and ports have seen sharp acceleration in their businesses, boosting the stateÂ’s growth at a time when the countryÂ’s economic growth run-rate has been showing a downward curve over the past couple of years.
Post
Corporate planner
Divakar Marri is the Head - Corporate Planning & Program ManaÂgement (PMO) in Ramky Infrastructure Limited (RIL) since 2005. Divakar is a certified Strategic ManaÂgement Professional namely from Indian Institute of Management, Calcutta, India, Project ManaÂÂgement Professional (PMP) from Project Management Institute,
Post
Oil India to set up 2.5 mnt LNG terminal
Oil India (OIL) plans to make a footprint in the imported gas segment and as part of this it considers to set up a 2.5-million tonne (mn t) capacity LNG regassification terminal. The company has reportedly appointed Foster Wheeler AG as consultant to prepare a project report for the foray into imported gas.
Post
Oil India to set up 2.5 mnt LNG terminal
Oil India (OIL) plans to make a footprint in the imported gas segment and as part of this it considers to set up a 2.5-million tonne (mn t) capacity LNG regassification terminal. The company has reportedly appointed Foster Wheeler AG as consultant to prepare a project report for the foray into imported gas.
Post
IOCL to expand pipeline network
HS Pati, Executive Director (eastern division) of Indian Oil Corporation (IOCL) said the company plans to expand its pipeline network by over 10,000-km in the coming years. The capacity of the pipeline network would increase by about 50 million metric tonne per annum (mn mtpa), Pati said. The firm recently decided to lay a 1,200-km oil pipeline from Paradip to Hyderabad passing through Visakhapatnam, he said. While the 1,065-km-long Paradip-Raipur-Ranchi pipeline at a cost of Rs 1,793 crore will
Post
IOCL to expand pipeline network
HS Pati, Executive Director (eastern division) of Indian Oil Corporation (IOCL) said the company plans to expand its pipeline network by over 10,000-km in the coming years. The capacity of the pipeline network would increase by about 50 million metric tonne per annum (mn mtpa), Pati said. The firm recently decided to lay a 1,200-km oil pipeline from Paradip to Hyderabad passing through Visakhapatnam, he said. While the 1,065-km-long Paradip-Raipur-Ranchi pipeline at a cost of Rs 1,793 crore will