Petroscan April

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(Monthly e-newsletter) CONTENTS:

April 2012

FOREWORD OIL, GAS & ENERGY NEWS NEWS LOCAL · PM Manmohan Singh to inaugurated HMEL Bathinda refinery on Apr 28 · HMEL commissions $4 bn Bathinda oil refinery · RIL, BP submit revised field development plan · OIL to hive off overseas assets to new subsidiary · ONGC to get six months more to drill Raniganj-North block · Cairn gets govt nod for raising Mangala output · Government likely to appoint regulator for natural gas pricing · BPCL plans JV for LNG terminal · Oil firms’ losses on fuel sales may spike next fiscal · Oil ministry plans to review CBM pricing · IGL challenges tariff cut order in court · RIL-BP allowed to survey only 5 gas fields in KG-D6 block · Cairn India ups Mangala reservoir estimate by 36%: Sources · India oil refining capacity surge 46% by March 2017 · ONGC to get six months more to drill Raniganj-North block NEWS GLOBAL · Chinese firm surpasses Exxon in oil production · BP closes $1.67 billion sale of Canadian business · Australia posed to be LNG leader · IEA: Oil market tightening has halted · Under regulator’s firm hand, Mexican giant change course · Daniel Yergin believes new set of challenges awaits energy industry · Oil prices buoyant; Singapore GRM down 4% QoQ to USD7.6/bbl · Exploring 5 new oil and gas fields on agenda PetroScan-April 2012


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Petroscan April by shijo sebastian - Issuu