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OCT 22 2012

Yet another loyalty card from BPCL by March

  • Business Line, Rahul Wadke / Mumbai, 22 October 2012
  • Created:Mon 22nd OCT 2012

Bharat Petroleum Corporation is planning to launch a new loyalty card for its customers by March 2013.The firm would be tying up with banks, fast moving consumer goods ...

OCT 22 2012

Petchem margins under pressure

  • The Indian Express, Morgan Stanley / 22 October 2012
  • Created:Mon 22nd OCT 2012

No near-term material upside in KG-D6, volumes to hover around current levelsSequential improvement driven by refining, government approvals the key for E&P ...

OCT 22 2012

ONGC looking to hire RIL’s ununtilised production facilities

  • Business Line, PTI / Mumbai High, 22 October 2012
  • Created:Mon 22nd OCT 2012

Oil and Natural Gas Corp is in talks to hire Reliance Industries’ unutilised production facilities on the east to quickly bring to production its gas finds in the Krishna Godavari ...

OCT 22 2012

A uniform price for gas, irrespective of the source, would be welcome: A K Balyan

  • Business Standard, Ajay Modi / New Delhi, 22 October 2012
  • Created:Mon 22nd OCT 2012

Interview with MD & CEO, Petronet LNGAs domestic gas output continues to dip, Petronet LNG, the country’s biggest importer of the ...

OCT 22 2012

More gas for Petronet LNG

  • Mint, Pallavi Pengonda / 22 October 2012
  • Created:Mon 22nd OCT 2012

The current quarter, too, could be robust on the volumes front, largely due to lower spot LNG pricesPetronet LNG Ltd’s financial performance ...

OCT 20 2012

Industry opposes PPA model for generation projects

  • Business Standard, Sanjay Jog / Mumbai, 20 October 2012
  • Created:Sat 20th OCT 2012

The Confederation of Indian Industry (CII), the Federation of Indian Chambers of Commerce and Industry (Ficci), the Associated Chambers of Commerce and Industry of India (Assocham) and the ...

OCT 20 2012

India to collaborate with the Swiss in renewable energy sector

  • Economic Times, PTI / New Delhi, 20 October 2012
  • Created:Sat 20th OCT 2012

India and Switzerland have agreed to explore avenues to increase cooperation in the field of renewable energy with the European country appearing keen to invest in the sector. ...

OCT 20 2012

Tata Power gets LoI for distribution franchise in Jamshedpur

  • Economic Times, PTI / New Delhi, 20 October 2012
  • Created:Sat 20th OCT 2012

Tata PowerBSE -1.82 % today said it has been awarded the Letter of Intent for electricity distribution franchise in Jamshedpur by the Jharkhand State Electricity Board. ...

OCT 20 2012

Adani Power income up 34%; Q2 loss at Rs 225 cr

  • Business Line, Virendra Pandit / Ahmedabad, 20 October 2012
  • Created:Sat 20th OCT 2012

Adani Power Ltd (APL), a subsidiary of Adani Enterprises Ltd (AEL), on Friday said its income increased by 34 per cent in the second quarter September 30, 2012 due to increased capacities ...

OCT 20 2012

Government open to more suggestions on bidding for power projects: Veerappa Moily

  • Economic Times, PTI / New Delhi, 20 October 2012
  • Created:Sat 20th OCT 2012

The government today said it is open to accommodating more suggestions from stakeholders on new bidding documents being finalised for power projects to make the process more comprehensive. ...

OCT 20 2012

Nuclear power must for low-carbon economy: Sachs

  • Business Line, PTI / New Delhi, 20 October 2012
  • Created:Sat 20th OCT 2012

Making a strong case for nuclear power, the UN Secretary-General’s special advisor Jeffrey Sachs today said it is a must that the world economy is transformed to a low-carbon ...

OCT 20 2012

Reliance Power commissions boiler of Sasan UMPP's first unit

  • Economic Times, ET Bureau / New Delhi, 20 October 2012
  • Created:Sat 20th OCT 2012

Reliance PowerBSE -1.94 % said it has commissioned boiler of the first unit of the Rs 20,000 crore ultra mega power project at Sasan in Madhya Pradesh. The project's ...

OCT 20 2012

Kudankulam N-plant moving towards commissioning

  • Business Line, Siddhartha P. Saikia / New Delhi, 20 October 2012
  • Created:Sat 20th OCT 2012

Govt to introduce independent nuclear authority Bill in winter session: NarayanasamyIrrespective of protests for setting up Kudankulam Nuclear plant in Tamil Nadu, the two ...

OCT 20 2012

Coal India to pay penalty only if supplies dip below 65%

  • Business Line, Our Bureau / New Delhi, 20 October 2012
  • Created:Sat 20th OCT 2012

Will import at ‘cost plus basis’ only if buyers need more coalCoal India is ready to meet 65 per cent of the power companies’ fuel ...

OCT 20 2012

'Govt selective in cancelling coal blocks'

  • Business Standard, BS Reporter / New Delhi, 20 October 2012
  • Created:Sat 20th OCT 2012

So far, the govt has de-allocated 10 blocks and forfeited bank guarantees of 13 firms on the basis of recommendations made by an IMGThe Bharatiya Janata ...

OCT 20 2012

BPCL Singapore market debut raises $500 mn

  • Business Standard, BS Reporter / New Delhi, 20 October 2012
  • Created:Sat 20th OCT 2012

At a time when rating agencies such as Standard & Poor’s are reiterating their negative outlook for India, government-owned Bharat Petroleum Corporation Limited (BPCL) has ...

OCT 20 2012

Crude oil mixed in Asian trade

  • Business Line, PTI / Singapore, 20 October 2012
  • Created:Sat 20th OCT 2012

Oil prices were mixed in Asian trade today as investors await the final outcome of an EU summit on tackling a debt crisis while Greek protests over tough austerity measures turned ...

OCT 20 2012

Reliance Industries makes 1st purchase of Canadian heavy oil: Sources

  • Economic Times, Reuters / New Delhi, 20 October 2012
  • Created:Sat 20th OCT 2012

Reliance IndustriesBSE -0.96 % Ltd , owner of the world's biggest refining complex, has imported its first parcel of about 320,000 barrels of Canadian heavy oil this month, sources with ...

OCT 20 2012

Nod given for sale of govt stake in Haldia Petrochem

  • Business Line, PTI / Kolkata, 20 October 2012
  • Created:Sat 20th OCT 2012

The Board of West Bengal Industrial Development Corporation (WBIDC) today approved the sale of state government’s shares in the beleaguered Haldia Petrochemicals Ltd (HPL) through ...

OCT 20 2012

Petronet to commission Kochi terminal by Jan

  • Business Line, Our Bureau / New Delhi, 20 October 2012
  • Created:Sat 20th OCT 2012

Posts Rs 314.79 cr profit in Q2Petronet LNG Ltd would commission the 5-million-tonne a year terminal in Kochi by end of January, said A.K. Balyan, Managing Director and ...