Petroscan March 2012

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PETROSCAN (Monthly e-newsletter) March 2012

OIL, GAS & ENERGY NEWS • • • • • • • • • • • • • • • • •

INDIA TO CONTINUE IMPORTING OIL FROM IRAN’ OVL, GAIL have not bid for Cove Energy The petrol price myth Duties to hurt ONGC FY13 profit by Rs 5000 cr The gas reserve riddle IOCL, Dhamara port in pact for Rs 10,000-cr LNG terminal Ennore LNG terminal to cost Rs.4,320 crore No gas to power sector from ONGC fields: EGoM IOC buys Nigerian light crude, Egyptian heavy-traders GAIL (India): Buy ONGC allotment shows LIC was virtually lone institutional bidder L&T names Venkataramanan as new MD Karnataka government talks to HPCL and GAIL to supply gas Regulate petrol prices again: OMCs AI to directly import aviation turbine fuel IEA downgrades non-OPEC oil supply forecast for 2012 Chevron leaving Western Slope oil shale project PetroScan-March 2012


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Petroscan March 2012 by shijo sebastian - Issuu