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OIL & GAS
Vol. IX Issue. 48
Downstream
IOC to expand crude basket; plans five new oil deals
14 May 2013
Indian Oil Corp (IOC) plans to add three Latin American and two Middle Eastern countries to its annual oil purchase deals during the fiscal year through March, a parliamentary committee said.
MRPL to process Iraq, Latin American oil next year to make up Iran shortfall
Azerbaijan mulls $4.8 bn oil refinery in Indonesia
India summer diesel demand to pull down May exports
China oil refining falls to eight-month low
Ecopetrol approves $502 mn for Cartagena refinery upgrade in Colombia
Vietnam to build $26.9 bn Nhon Hoi oil refinery in Binh Dinh province
Policy/Performance
Centrica reports good performance from upstream activities
Oil Ministry for abolishing gas priority
OPEC spare capacity to surge amid US shale boost, IEA says
Qatar to supply Egypt up to 24 LNG cargos in swap deal
Cabinet approves land for IOC's Ennore LNG terminal
RIL and Essar Oil not willing to pump up retail sales
SC stays proceedings against diesel decontrol
Cameron says oil, mineral cos need improved transparency
IOC stake sale, diesel price hike to fuel FII interest in state OMCs
BP plans to start drilling program off Australia in 2015-2016
Clearer resource law to boost NZ oil gas exploration
SC finds no merit in plea against Cairn-Vedanta deal
West Bengal hopes to complete HPL stake sale by November
MoEF gives nod to OIL for exploration in KG basin
Transportation/Trade
CNPC in talks to buy Brazil's Barra for $2 bn
Petronet invites bids for Gangavaram LNG terminal
PSU refiners should set up JV to import crude oil: Parliamentary panel
Clashes likely to delay Myanmar-China pipeline start-up
RIL, BPCL reject parliamentary panel's allegations of loss in hedging crude oil purchases
GAIL India struggles to find buyers for imported LNG
Exxon and Qatar plan to ship US natural gas to Britain
Nigeria says Trans-Saharan Gas Pipeline project under review
HPCL buys Nigeria's Qua Iboe oil grade from BP
British Columbia vote risks oil-sands exports
PetroChina withdraws bid for Australian gas producer
Cosmo Oil, Hyundai Oilbank in emergency supply deal
IOC says Canada's pipeline issues blocking investment
Indian authorities hold man who allegedly pilfered oil from ONGC pipelines
Upstream
Karoon Gas increases size of oil discovery offshore Brazil
ONGC, Shell may enter into a JV to bid for overseas assets
Eni sees Kashagan to produce 75k bopd first month
ONGC may lose $10 bn global bids
Cairn to drill 48 more wells on Mangala oilfield
Aban offshore wins ' 9.5 bn contract for jack-up rig in Mexico
BP surrenders 12 O&G blocks on poor hydrocarbon prospects
Cairn: KG block operationally infeasible
Shell to develop world's deepest offshore oil platform
Kairiki Energy to buy onshore oilfields in northern China
Total & BP outbid oil rivals for Brazil Amazon coast licenses
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