Archive
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.
SRI LANKA UNLEADED
BY SWINEETHA DIAS WICKRAMANAYAKA
THE CEYLON Petroleum Corporation has modified its refinery to remove lead additives from petrol marketed in Sri Lanka. It has expanded sales outlets for unleaded petrol throughout the country.…
GUJURAT PLANT
BY SWINEETHA DIAS WICKRAMANAYAKA
COMPETITION is intensifying to supply the planned new 615 MW power plant in Saurashtra, Gujurat, India, with fuel. Gujarat State Petronet will submit a feasibility report on an IND Rupees 1,650 million sub-sea gas pipeline connecting the mid-Tapti fields with the Pipavav port.…
RELIANCE OIL
BY SWINEETHA DIAS WICKRAMANAYAKA
INDIA’S Reliance is close to a deal with the Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum for marketing petroleum products from its Jamnagar refinery, Gujarat. The Press Trust of India said that Reliance had dropped demands for ‘take-or-pay’ contracts with the national oil companies.…
INDIA LPG DUTY
BY SWINEETHA DIAS WICKRAMANAYAKA
THE INDIAN government has cut by half the price increase of INDRupees 40 per LPG cylinder that it had proposed in its 2002-03 budget. An INDRupee 1.50 price rise per litre of kerosene was maintained however.…
MAHARASHTRA VAT
BY SWINEETHA DIAS WICKRAMANAYAKA
THE MAHARASHTRA government, which controls Mumbai (Bombay), India, has levied a surcharge of INDRupee 1 on every litre of petrol and diesel sold in the state.…
VAT - SRI LANKA
BY SWINEETHA DIAS WICKRAMANAYAKA
THE SRI Lankan government has announced that it is imposing 10 per cent VAT on bunker and aviation fuel from June 1, from which they have been previously exempt.…
NIPPON MITSUBISHI
BY SWINEETHA DIAS WICKRAMANAYAKA
JAPAN’S Nippon Mitsubishi Oil Corp. has said that it intends to follow up its planned merger of three group refineries by expanding exports of gas oil, fuel oil and other petroleum products by 50 percent in fiscal year of 2003, the Shipping & Trade news has reported.…
EXXON INDIA
BY SWINEETHA DIAS WICKRAMANAYAKA
TOTALFINAELF is talking to Exxon Mobil about buying its Indian LPG business, boosting its India sales volumes by 50 per cent. TotalFinaElf would take over the 60 LPG dealerships held by Mobil Peeves, Exxon’s joint venture with an NRI, of Kerala.…
INDUSTRIAL RELATIONS
BY KEITH NUTHALL
AN INTERNATIONAL Labour Organisation meeting has issued detailed recommendations on how to improve industrial relations in the oil and gas production and refining industries. The paper concludes that industrial relations in the sector will become more complex as it juggles environmental and social concerns with cost reduction.…
GABON
BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation is investing US$10 million to develop the Etame offshore oil field in Gabon, channeling money through project operator, VAALCO Etame (Gabon) Inc., owned by Houston-based VAALCO Energy. Initial daily production of up to 15,000 barrels is expected in late 2002.…