Oil and Gas

Financing of Infrastructure – Definition of ‘Infrastructure Lending’

RBI/2013-14/378 DBOD.BP.BC.No.66/08.12.014/2013-14 November 25, 2013 All Scheduled Commercial Banks (excluding RRBs) and All India Term-Lending and Refinancing Institutions (EXIM Bank, NABARD, NHB and SIDBI) Dear Sir, Financing of Infrastructure - Definition of 'Infrastructure Lending' Please refer to our circular DBOD.BP.BC.No.58/08.12.014/2012-13 dated November 20, 2012 on ˜Definition of Infrastructure Lending™ harmonising the RBI definition of Infrastructure Lending with… Read More

Tags: BusinessElectricity generationEnergyEXIM bankIndiaOil and GasOperating CompaniesPipeline transport

Global crude oil price of Indian Basket declines to 101.99/US$ bbl on 09.5.2013

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas fell to US$ 101.99/barrel (bbl) on 9.05.2013. This was lower than the price of US$ 102.38/bbl prevailing on the previous trading day of 08.05.2013. In rupee terms also, the crude… Read More

Tags: Barrel (unit)BusinessEnergyExchange rateMinistry of Petroleum and Natural Gas (India)Oil and GasPetroleumTrading day

Global crude oil price of Indian Basket declines

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas fell sharply to US$ 103.17/barrel (bbl) on 11.04.2013. This was lower than the price of US$ 104.02/bbl prevailing on the previous trading day of 10.04.2013. In rupee terms also,… Read More

Tags: Barrel (unit)BusinessEnergyEnergy Information AdministrationOil and GasOPECPetroleumWest Texas Intermediate

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