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Saturday November 7, 2009
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India Oil & Gas News is an EIN News Service for energy industry professionals. Constantly updated news and information about India Energy.
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Latest India Oil & Gas News

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  • IPI gas talks to resume on 16th 7 Nov 2009 03:55 GMT
    ... Nov. 6: A final agreement on the Iran-Pakistan-India (IPI) pipeline is being held up due ... meeting of the Indo-Iran working group on oil and gas. "The meeting is proposed to be held in New Delhi, the dates for which are being finalised," ...

  • Palmolein oil rises on retailers demand 7 Nov 2009 12:11 GMT
    ... New Delhi, Nov 7 (PTI) Wholesale prices of palmolein oil rose by Rs 20 per quintal on the wholesale oils and oilseeds market today ...

  • GAIL in talks with oil majors to form SPV 7 Nov 2009 11:10 GMT
    ... Gas Authority of India (GAIL) is in discussions with public and private sector oil companies, such as ONGC, Oil India, HPCL, Reliance Industries and Essar Oil, to set up ...

  • Commodity Trends:Gold shines so does gold guinea 7 Nov 2009 12:11 GMT
    ... The National Multi-Commodity Exchange has launched gold guinea contract ... diminish the value of India’s foreign exchange reserves and hence this could lead to further ... 317 per kg in the coming week. Oil prices touched a high of $81.06/bbl this week ...

  • 'Stronger rather than weaker' 7 Nov 2009 06:16 GMT
    ... research firm. Explosive growth in China and India, coupled with Japan's clout as the world's ... percent. Already, demand from China can affect oil prices, and it is starting to influence what ... mines. Chinese money is financing development of oil fields from Venezuela to Central Asia. And China's ...

  • No Decision Yet On Fuel Cost Increase - Murli Deora 7 Nov 2009 08:43 GMT
    ... New Delhi: According to the Petroleum Minister, Murli Deora ... fuels but will shortly hold meeting with oil companies on how to undertake the situation ...

  • Building A Polyester Giant 7 Nov 2009 00:33 GMT
    ... itinerant travelers who wandered the desert in India before settling in Kolkata in the 1940s. ... of three boys, was sent to New Delhi for college, his father was already a ... then Thailand, with its large agricultural and oil-and-gas resources, had a reputation as a cost-efficient ...

  • Making cleaner power pay off 7 Nov 2009 13:31 GMT
    ... resubmit applications for carbon credits on four oil and natural gas projects illustrated some of the inherent challenges ... of a number of companies in China, India and other developing countries that earn tens ...

  • SOCIAL IN BRIEF 7/11 7 Nov 2009 06:52 GMT
    ... localities. Speaking at the conference, Marjatta Tolvannen Ojutkangas, a representative from UNICEF, said that around ... and the challenges faced by countries like India, China, Japan and the US. On the ... arrested the manager of an LPG (liquid petroleum gas) trading company to investigate his involvement ...

  • BMO going where others fear to go 7 Nov 2009 00:16 GMT
    ... world were staggered at our launch in India 12 months ago. The Indians applauded it. ... the industries it knows best, including mining, oil and gas, as well as food and agriculture. “Our ...

  • Overview: Central banks calm nerves 7 Nov 2009 03:54 GMT
    ... Published: November 6 2009 23:46 | Last updated: ... Monetary Fund to help diversify its currency reserves. On Thursday, in a smaller purchase, Sri ... up 4.6 per cent over the week. Oil prices were little changed on the week after ...

  • Sri Lanka buying gold to diversify reserves: bank 7 Nov 2009 11:11 GMT
    ... Sri Lanka buying gold to diversify reserves: bank SRI LANKA - A Sri Lankan ... reserves amid volatile currency markets, days after India announced it had purchased 200 tonnes of ... biggest gold consumer, at near-record prices. Shell Oil to pay California 19 mln dlrs over violations ...

  • U.S. Economy, Investors Say No Worries Mate 7 Nov 2009 09:31 GMT
    ... No worries mate. Everything’s cool. China and India are taking over as the drivers of ... way of example, there’s a problem that OPEC analysts’ seem to have missed, and here ... of insolvencies is showing the opposite. If oil drives the world economy then there is no ...

  • RIL becomes 1st private firm to buy Cairn crude 7 Nov 2009 05:17 GMT
    ... NEW DELHI, Nov 06, 2009 (The Economic Times - ... government-nominated buyers such as ONGC subsidiary MRPL, IndianOil and Hindustan Petroleum. "The implied price realisation ... to Copyright (c) 2009, The Economic Times, India Distributed by McClatchy-Tribune Information Services. For reprints, ...

  • Stances on Copenhagen 7 Nov 2009 13:04 GMT
    ... treaty imposing international legal obligations Insists China, India, South Africa and Brazil must commit to ... Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE Opec and Saudi Arabia seeking financial aid for oil-producers if new agreement requires cuts of fossil ...


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