2008-09 Losses Could Fall Rs 45,000 Cr Under Chaturvedi Panel-Mooted Structure

Deepshikha Sikarwar & Rajeev Jayaswal NEW DELHI

THE estimated loss figures of oil companies at Rs 2,45,000 crore for 2008-09

Proposed Duty Cuts To Hasten Its Advent

ARUN DUGGAL

YOU should never make predictions, especially about the future', advised Samuel Goldwyn. Forecasting future price of oil is even more hazardous. Yet, in this article we gaze into the crystal ball to guess where the price of oil is headed.

The government is unlikely to give in to the demand made by the Samajwadi party

The Petroleum and Natural Gas Regulatory Board (PNGRB) has said it will soon notify transportation tariff and frame access code for gas pipelines. It is also in the process of specifying technical and safety standards for city gas distribution networks and framing norms for marketing and transportation of gas, PNGRB chairman L Mansingh said.

Govt Worried Ambani Feud May Affect Vote, Amar Cries Poaching Diwakar | TNN New Delhi: Mukesh Ambani, the head of India's biggest corporate house Reliance, met PM Manmohan Singh and other important government functionaries on Monday amid rising government anxiety about the raging Ambani feud adversely affecting the government's prospects in the impending trial of strength over the nuclear deal.

NEW DELHI: Oil and gas giant Total of France, India born steel baron L. N. Mittal and state-run Hindustan Petroleum Corporation Limited (HPCL) will take a decision on taking a final plunge to set up the proposed 14 million-tonne refinery-cum-petrochemical plant at Vizag in Andhra Pradesh at a cost of $6 billion. The project is at pre-feasibility stage and now the next round of discussions would open up. "We will know about the fate of the project if we will move ahead with the project or not,' Total Oil Asia-Pacific Senior Vice-President, Thierry Pflimlin, told newsmen here. Capacity

BS Reporter / New Delhi July 10, 2008, 0:19 IST Oil majors to take call on project after pre-feasibility study by Dec. Billionaire L N Mittal, France's Total and its three other Indian partners will take a final decision to build a $6-billion refinery and petrochemicals complex in south India by December. The decision comes in the wake of Oil and Natural Gas Corporation (ONGC) exiting a similar proposed refinery recently, citing non-feasibility of the project.

BS Reporter / New Delhi July 10, 2008, 0:44 IST As part of its efforts to contain inflation, the government may consider imposing export curbs or duties on petrochemical products like polymers, a crucial raw material for plastic manufacturing, among other items.