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Daily Press Review (01 Jan 2024)

Govt to audit rising spot purchase of crude, House panel flags costly buys
(Subhayan Chakraborty, Business Standard)

Petroleum Ministry Plans Cost Savings in Pipeline Projects with PM Gati Shakti Data
(Knowledge & News Network)

Petronet LNG to set up LNG terminal on east coast of India
(India Shipping News)

KG Basin regaining its lost glory: ONGC to start flowing oil soon
(Richa Mishra, The Hindu)

Rashmi Govil to be next Director (HR) of IOC
(PTI)

Assam: CBI files chargesheet against former OIL engineer for possessing disproportionate assets
(India Today)

Chemical spill of ONGC site enraged Tripura villagers
(United News of India)

Tariff For GAIL's KG Pipeline Fixed At Rs 8.4 Per MmBtu
(Mihika Barve, NDTV)

Fuel retailers hike ethanol procurement prices by Rs 6.87: Oil ministry
(Reuters)

PNGRB sets up high-level committee for oil and gas safety overhaul
(Saurav Anand, Economic Times)

Reliance Turns Plastic Waste Into High-Quality Materials For New Plastic
(PTI)

Don't ask, it's crude
(Venkatesh Nayak, Deccan Herald)

Oil industry in 2024: Varied outcomes expected across value chain
(Amritha Pillay, Business Standard)

Energy surge: Oil and gas sector set for good growth in FY24, FY25
(Business Standard)

Petrol dealers association urges govt for gradual reduction in fuel prices
(Shubhangi Mathur, Money Control)

Adani raises $15 bn in equity, debt in comeback strategy after Hindenburg rout
(PTI)

India's LNG imports poised for strong growth in 2024 amid favourable market conditions
(ANI)

India's Russian oil imports hit 11-month low in Dec as Sokol cargoes dry up
(Sukalp Sharma, Indian Express)

India's Russian crude imports prevented price surge in global oil market
(ANI)

Asia spot LNG price remains at 4-month low, falls 58% in 2023
(Marwa Rashad, Reuters)

Centre likely to bring down petrol, diesel prices ahead of 2024 Lok Sabha polls: Report
(Mint)

Don't Buy Diesel, Petrol Vehicles From 2024: Himachal Chief Minister Tells Officials
(NDTV)

Reliance will never be complacent, will be in world's top 10 conglomerates: Mukesh Ambani
(PTI)

Pankaj Walia Executive Director (F&A), GAIL superannuates
(PSU Connect)

Company Announcements

PNGRB Takes Initiative For Hydrogen Transportation In Natural Gas Pipeline Network And City Gas Distribution Networks
(PNGRB)

PNGRB Constituted A High-Level Expert Committee To Review The Extant Safety Framework
(PNGRB)

PNGRB greenlights bidding process for strategic Jammu-Srinagar gas pipeline
(PNGRB)

Review of unit natural gas for K G Basin Natural Gas Pipeline network of GAIL
(PNGRB)

Tariff Order for GAIL Jamnagar Loni LPG Pipeline
(PNGRB)

Tariff Order for Petronet MHB Limited's Mangalore - Bangalore Pipeline
(PNGRB)

Tariff Order for HPCL and Uran - Chakan - Shikrapur LPG Pipeline and Mundra - Delhi Pipeline
(PNGRB)

Tariff Order for IndianOil Chennai-Trichy-Madurai Pipeline, Devangonthi-Devanhalli ATF Pipeline and Paradip-Raipur-Ranchi Pipeline
(PNGRB)

Tariff Order for GAIL Vizag - Secunderabad LPG Pipeline
(PNGRB)

Reliance Industries Becomes First in India to Use Chemical Recycling for Circular Polymers
(RIL)

Authority orders Vedanta to pay GST Input Tax Credit
(Vedanta)

NRL and CSIR-NEIST Execute MoA to Collaborate in the Research Activities
(NRL)

ONGC's offer for sale of naphtha from Tatipaka Refinery of Rajahmundry Asset
(ONGC)

Adani Total Gas signs MoU to aid Flipkart's efforts to decarbonise its supply chain
(ATGL)

Adani Green completes JV with TotalEnergies, raises USD 300 million
(Adani Green)

Developing Seismic Energy and Emission Reporting Standard
(Shearwater)

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