September 22, 2017: Data regarding Gross Refining Margins (GRM) of Indian refineries, both public and private, for the first quarter of FY 2017-18 indicate the continuation of the positive trend of the previous two years. GRMs of refineries in the North East India look large because they enjoy excise duty concession. Their performance excluding excise duty is also given. Click column Special Database for details.

September 21, 2017: Natural gas scene in the domestic market in August 2017 registered an improvement compared to the previous months. There was a marginal increase in domestic production compared to the level in August 2016, but below the targets set by the companies. LNG import was marginally down. However, total domestic consumption in August registered a marginal increase. Click column Gas Scene for details.

September 19, 2017: National Seismic Program is an ambitious project. The state-owned ONGC and Oil India are assigned to do this herculean task . Industry circles claim significant progress in doing the seismic survey. Click column Special Reports for details.

September 11, 2017 | Ennore Terminal: Ego Battle Looms: Indian Oil Corporation (IOC), the largest refining and marketing company of India, is acknowledged to display a superiority complex in its dealings with others in the petroleum sector. This arises mostly from its size, making co-existence with other oil companies difficult in any Joint Venture. Other PSU players in the petroleum sector too have their strong likes and dislikes. The domestic gas industry seems to be in love with Prabhat Singh, the CEO and MD of Petronet LNG Ltd. They never accepted his predecessors as experts capable of managing a gas company, but kept quiet because PLL is presided over by the petroleum secretary in his capacity as its ex-officio chairman. Singh gets support from quite a few gas veterans in his attempts to make his company the operator of IOC’s LNG regasification terminal at Ennore. They cite wrong reasons for their support. We probed to find that the support arises from the fact that Singh is the first Gas Man to be the chief executive of PLL. He is also known to be pleasant in his dealings with colleagues. Click Free Access column Petro Intelligence for details.