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Re: oilman57 post# 84875

Wednesday, 12/13/2006 9:45:31 PM

Wednesday, December 13, 2006 9:45:31 PM

Post# of 361465
This is what I get under cached. Sorry this wasn't helpful and I have no idea why I'm not getting the same dates coverage as you are....or maybe I'm doing something wrong, I don't know...but signing off now. Good night.

Dec. 10: The website carries here a comprehensive status report on the progress made on public sector projects currently under implementation, for the month of October, 2006. The report also includes details of time and cost over-runs on individual projects, besides persisting bottlenecks, status of contracts, status of statutory clearances, likely date of completion and other related parameters. Each profile provides a detailed overview of the project status, based on multiple parameters. (Click on our Reports section to download the complete report)

Gas supply position at power plants (October 2006)

Dec. 10: The website carries here a comprehensive fuel supply report for all gas-based power projects in the country, updated upto October 2006. Overall, gas is supplied to eight central government-sponsored power projects, 19 state sector plants, and 14 private utilities. The project-wise information is further disaggregated on the basis of installed capacity of the plants, project location, total general capacities, gas supplied as against gas allocated, alternate fuel (naphtha or fuel oil) used and generation loss on account of short supply of gas. Interestingly, the total generation loss for the month due to short supply has been pegged at 538.86 million units which is slightly less than 819.83 million units of loss accounted in the month of September. (Click on Details to view the complete report) Details

Mumbai Offshore: Reliance agrees to relinquish block

Dec. 7: Reliance Industries Ltd (RIL) will soon give up its stake in Mumbai Block MB-OSN-97/3. "The company has agreed to relinquish the Mumbai offshore block after ascertaining fresh feasibility reports of the block's geology," Reliance sources informed this website on Thursday (December 7, 2006). The private upstream firm has already informed the Directorate General of Hydrocarbons (DGH) about its decision, he added. Interestingly, Reliance was faced with a tough exploration schedule in the Phase-II of its work programme in MB-OSN-97/3. The company decided to forego the block, rather than complete a total of six exploratory wells (inclusive of two wells from Phase-I MWP). Reliance was supposed to drill three exploratory wells under the Phase-I work programme, but managed to spud only one well -- MB5-C1 -- upto a depth of 2,098 metres, before abandoning it. Our readers would recall that the company was awarded two consecutive 12-month extensions -- till June, 2005 -- to the Phase-I MWP, as it had to carry out additional studies due to the failure of earlier geological models employed in the block. By Sadiq Shaban Details

Download BPCL's Management Discussion and Analysis Report

Dec. 7: The website carries here a 36-page 'Management Discussion and Analysis Report' on BPCL put out by the management. The report dwells on the following aspects of the company's activities:
Industry Structure and Developments: This section includes an overview of the sector with focus on areas like GDP (Gross Domestic Product) growth, consumption of HSD, international prices (of crude and finished products), dependence on imports, and the emergence of private players in the business.
Opportunities and Threats: This section explains the risk that the petroleum sector faces on account of volatile prices.
Segment-wise and product-wise performance for the Mumbai and Kochi refineries: This section covers the overall performance of the two refineries, based on parameters like crude processing levels, gross refinery margins and other relevant areas.
Business Development: This portion deals with network expansion through the set-up of more retail outlets.
Performance Highlights: This part of the report deals with the changes seen in the sale of MS and HSD, launch of Speed 97 and alternate fuels.
Human Resources: This segment includes the training and scholarships provided to the BPCL staff and deals with integrated information systems, health, safety and environment, international trade, risk management and R&D parameters.
Aviation: This section deals with the business secured in the aviation fuel sector amidst stiff competition from the other public and private players. (Click on our Reports section to download a copy)

List of applicants for the job of chairperson Petroleum and Natural Gas Regulatory Board

Dec. 7: The website carries here a list of applicants for the post of the Chairperson for the Petroleum and Natural Gas Regulatory Board Bill. The list is made up retired bureaucrats and public sector officials. Among those who put in applications were M.B. Lal, chairman HPCL, B.S. Negi, former director business development in GAIL, L. Mansingh, former secretary of consumer affairs, I.G. Pandse, member Income Tax Settlement Commission. Jugal Kishore Puri, chief advisor (cost) in the ministry of finance, among others. Click on Details to view the list. Details

IOC to acquire 12.5% stake in Trans-Anatolian Pipeline Company

Dec. 7: Indian Oil Corporation (IOC) has decided to participate in the Samsun-Ceyhan crude oil pipeline project by acquiring 12.5% of the shares of the Trans-Anatolian Pipeline Company (TAPCO). The entire deal has been agreed in principle. Currently, TAPCO is equally owned by ENI of Italy and Calik Enerji of Turkey. It may be recalled that IOC had earlier indicated its interest in assisting the ENI and Calik consortium in the design and execution of the pipeline as well as the operation and maintenance of the pipeline once it is completed. In this context, it had signed a Memorandum of Understanding (MoU) with ENI and Calik on October 11, 2006 for a possible equity participation in the project company. IOC hopes that participation in this joint venture will 'boost its growth beyond the domestic borders and aid in realisation of its vision of becoming a transnational, integrated energy company'. The project envisages expeditious, safe and economical export of crude oil from the Black Sea to the Mediterranean Sea in an environment friendly manner, thus reducing congestion of tanker traffic in the Bosphorus and Dardanelles Straits. Details