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NOV 27 2012

Enabling policy a must for every barrel of oil to count: Cairn CEO

  • Business Line, Richa Mishra, Siddhartha P. Saikia / New Delhi, 27 November 2012
  • Created:Tue 27th NOV 2012

How does one take economically sensible decisions that are also politically correct? This is a problem the countrys oil and gas sector is grappling with.Companies that ...

NOV 27 2012

Govt nod will boost output in Rajasthan oil fields: Cairn

  • Business Line, PTI / New Delhi, 27 November 2012
  • Created:Tue 27th NOV 2012

Cairn India on Monday said the expected government nod for drilling exploration well in its Rajasthan oil fields may help it raise output from the prolific fields to 300,000 barrels a day ...

NOV 27 2012

OVL to buy ConocoPhillips' 8.4% in Kazakh field for $5 bn

  • Business Standard, BS Reporter / New Delhi, 27 November 2012
  • Created:Tue 27th NOV 2012

In its biggest acquisition ever, ONGC Videsh Ltd (OVL) has agreed to invest around $5 billion to acquire ConocoPhillips 8.4 per cent stake in the Kashagan field off North Caspian Sea. The ...

NOV 27 2012

Brent crude eases to $111 per barrel

  • Business Line, PTI / Singapore, 27 November 2012
  • Created:Tue 27th NOV 2012

Oil prices were down in Asian trade today as markets awaited the outcome of a Euro Zone finance ministers meeting aimed at unlocking the next tranche of aid to debt-strapped ...

NOV 27 2012

Petroleum and Natural Gas Regulatory Board to invite fresh bids for four gas pipelines

  • Economic Times, CR Sukumar, ET Bureau / Hyderabad, 27 November 2012
  • Created:Tue 27th NOV 2012

The downstream oil and gas regulator is preparing to invite fresh bids to build four gas pipeline projects originally authorised to Mukesh Ambani's Reliance Gas Transportation ...

NOV 27 2012

ONGC Videsh eyes Turkmenistan's gas reserves

  • Business Standard, Ajay Modi / New Delhi, 27 November 2012
  • Created:Tue 27th NOV 2012

State-owned explorer?s foreign arm wants to invest in exploration & production in the country, which has world?s fourth-largest reservesONGC ...

NOV 27 2012

No gas hoarding at KG-D6, says RIL

  • Business Standard, BS Reporter / New Delhi, 27 November 2012
  • Created:Tue 27th NOV 2012

Reliance Industries Limited (RIL) has denied allegations of gas hoarding in the D6 field and also sought appointment of international experts to verify its claims. Earlier this month, India ...

NOV 27 2012

Govt for uniform marketing margin for natural gas; exemption likely for city gas distribution companies and LNG importers

  • Economic Times, Rajeev Jayaswal, ET Bureau / New Delhi, 27 November 2012
  • Created:Tue 27th NOV 2012

The oil ministry plans a uniform marketing margin for natural gas produced in the country as it moves decisively in the dispute between key customers and suppliers such as Reliance ...

NOV 27 2012

Reliance demands freeing of gas pricing

  • Business Line, PTI / New Delhi, 27 November 2012
  • Created:Tue 27th NOV 2012

Reliance Industries Ltd (RIL) today demanded freeing of natural gas pricing saying that the scarce fuel should be priced at the rates which consumers are willing to ...

NOV 27 2012

Punjab for mandatory solar panels on all bldgs

  • Indian Express
  • Created:Tue 27th NOV 2012

  Punjab has consented to the proposal to give subsidy on solar panels to make them popular among domestic consumers with an idea to make solar energy mandatory in the public ...

NOV 26 2012

Bihar government encourages solar energy

  • Business Line, PTI / Patna, 26 November 2012
  • Created:Mon 26th NOV 2012

Suffering from huge power shortage, Bihar is encouraging alternative sources of energy like solar energy in a big way.State Energy Minister Bijendra Prasad Yadav told PTI ...

NOV 26 2012

Claro Energy targets solar-based pumping in talks with VCs for funding

  • Business Standard, Ranju Sarkar / 26 November 2012
  • Created:Mon 26th NOV 2012

Its solution has caught the Bihar government?s fancy but growth to a large extent is a function of its ability to raise capitalBunty Singh is a large ...

NOV 26 2012

Regulator moots promo tariff for solar power in Kerala

  • Business Line, Our Bureau / Thiruvananthapuram, 26 November 2012
  • Created:Mon 26th NOV 2012

Renewable obligation for licensees of power distribution in the State for 2012-13 will be about four per cent of consumption. At least 0.25 per cent of this will be sourced from solar, ...

NOV 26 2012

Power, At What Cost?

  • Economic Times, Avinash Celestine / 26 November 2012
  • Created:Mon 26th NOV 2012

One big reason for the soaring losses of state electricity boards has been the purchase of expensive short-term power. The price of merchant power may have fallen sharply, but SEBs ...

NOV 26 2012

Evacuation, deadline issues worry prospective solar developers in TN

  • Business Line, M. Ramesh / Chennai, 26 November 2012
  • Created:Mon 26th NOV 2012

Solar power developers who are interested in putting up projects in Tamil Nadu are worried over the tight deadlines and power evacuation arrangements.Developers who win ...

NOV 26 2012

JPL, Sterlite power plants operating below capacity

  • Economic Times, Sarita C Singh, ET Bureau / New Delhi, 26 November 2012
  • Created:Mon 26th NOV 2012

Power plants of private companies such as Jindal Power LtdBSE 0.05 % (JPL) and Sterlite IndustriesBSE 1.19 % in Chhattisgarh are idling because they have been denied transmission access by ...

NOV 26 2012

Kalam for evolving energy utilisation norms for industries

  • Business Line, PTI / Kochi, 26 November 2012
  • Created:Mon 26th NOV 2012

Former President A P J Abdul Kalam on Sunday stressed the need for evolving energy utilisation norms for different industries like Cement, Steel, Urea and Textile on per capita ...

NOV 26 2012

NTPC divestment likely to be another LIC play

  • Mint, Ravi Krishnan / 26 November 2012
  • Created:Mon 26th NOV 2012

Govt is targeting to raise around Rs.13,000 crore by selling 9.5% of its stake in the electricity producerJust like the divestment of Hindustan Copper ...

NOV 26 2012

Change policies to up the deployment of solar energy

  • Financial Express, Monalisa Sen / 26 November 2012
  • Created:Mon 26th NOV 2012

Interview: Stephen HuangPresident, Asia PAcific, RenesolaHard-hit by adverse market conditions in Europe and USA, ...

NOV 26 2012

A coal pricing problem

  • Mint / 26 November 2012
  • Created:Mon 26th NOV 2012

Orissa government’s recent protest over Coal India’s pricing formula raises some serious concernsThe Orissa government’s ...