Tag Archives | gas

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Family feuds

It seems to be the season for family disputes and India is not the only country seeing this. Reliance Industries has company in South Korea’s Kumho Petrochemicals where two brothers are struggling to take control of the Kumho Asiana Group. Park Chan-koo, the younger brother was yesterday dismissed as chairman of the group’s petrochemical division […]

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Empty promises

The 100-day fever is fast spreading and the Ministry of Chemicals & Fertilisers is the latest casualty. A very bland press release outlining what the ministry plans to achieve over the next three months has come my way. I started reading the release with a great deal of scepticism and was convinced at the end […]

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Students still love IT

Indian information technology (IT) companies may no longer be queuing up at campuses for fresh graduates but engineering students continue to rank this sector above all others, according to the latest Nielsen Campus Track T-Schools study. Chemicals, not surprisingly, does not figure on the list although oil and gas was seen as the ‘industry of […]

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Reliance pumps oil

It is finally here. After years of waiting and rumours of delays Reliance Industries has finally started pumping oil from its massive KG-D6 block of the Krishna Godavari basin. Initially about 5,000 bbls/day of crude is being pumped out although the plan is to reach 550,000 bbls/day over the next six to eight quarters. While […]

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Petchem politics

Will politics help Indian petrochemical companies gain access to cheap Saudi feedstock? Well, the government appears to be making an effort in this direction. During his visit to Saudi Arabia last week, India’s external affair minister emphasised the need for greater participation by Indian companies in Saudi oil and gas exploration as well as the […]

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Gas policy to favour fertilisers

India’s draft natural gas utilisation policy is expected to prioritise the requirements of the fertiliser sector over petrochemicals. The enormous volumes of gas generated from the fields of the east coast and west coast India would be first given to the fertiliser sector as some units are running below capacity because of shortage of feedstock. […]

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More on gas…

Any talk of oil and gas inevitably leads to Reliance Industries and its lucky strikes in the Krisha-Godavari and Cauvery basins in India. The finds are the foundation for Reliance’s upstream business but a lot of work still needs to be done. It is estimated that the company is spending $80,000/day in its search for […]

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Gas, gas everywhere

Gas dominates Indian headlines these days be it new finds or the price at which it will be made available to end-users. If you are short of time and would like to get to the heart of the matter fast, here is the Indian gas situation for dummies. The finds, by private companies such as […]

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