Oil and Gas Newsletter - September 19 to 23, 2016

India Infoline News Service | Mumbai | September 23, 201616:00 IST

This week saw Indian Oil Corp and GAIL sign MoU for taking equity stake in upcoming Dhamra LNG terminal. IIFL presents a weekly snapshot of all the major happenings in the oil and gas industry.

TOP STORIES
 
Cabinet approves Capital Grant to GAIL for development of Gas Infrastructure in Eastern part of the country
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi has approved viability gap funding/partial capital grant at 40% (Rs.5,176 crore) of the estimated capital cost Read more
 
Production performance of oil & natural gas sector for August, 2016
Cumulative crude oil production during April-August, 2016 was 15146.22 TMT which is 0.75% and 3.15% lower than target and production during corresponding period Read more
 
Indian Oil Corp and GAIL sign MoU for taking equity stake in upcoming Dhamra LNG terminal
Indian Oil Corporation Limited and GAIL (India) Limited have today signed an MoU with Dhamra LNG Terminal Private Limited (DLTPL) for taking equity in the 5 MMTPA capacity Read more
 
IOC's investment plans will not affect credit profile: Fitch
Fitch Ratings says that the large investment plans announced by Indian Oil Corporation Ltd (IOC; BBB-/Stable) are in line with the agency's expectations that are incorporated Read more
 
NEWS IN FOCUS
 
Brace! The worst is yet to come for Oil
The oil market has been knocked by two major surprises since crude prices began their perilous descent in mid-2014. The first two, were the resilience of US shale producers and Read more
 
DOMESTIC NEWS
 
Indian Oil Corp and GAIL sign MoU for taking equity stake in upcoming Dhamra LNG terminal
Indian Oil Corporation Limited and GAIL (India) Limited have today signed an MoU with Dhamra LNG Terminal Private Limited (DLTPL) for taking equity in the 5 MMTPA capacity Read more
 
Indian Oil Corp and GAIL sign MoU for taking equity stake in upcoming Dhamra LNG terminal
Indian Oil Corporation Limited and GAIL (India) Limited have today signed an MoU with Dhamra LNG Terminal Private Limited (DLTPL) for taking equity in the 5 MMTPA capacity Read more
 
IOC's investment plans will not affect credit profile: Fitch
Fitch Ratings says that the large investment plans announced by Indian Oil Corporation Ltd (IOC; BBB-/Stable) are in line with the agency's expectations that are incorporated Read more

 

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