State-run Oil and Natural Gas Corp (ONGC) is likely to be exempted from subsidising domestic LPG and kerosene from this month as the steep fall in global crude oil prices has eroded the gains of the company. For full story, click here
Read the full article: "ONGC may be partly relieved from fuel..."
Wednesday, December 24, 2008
ONGC Petro-addition Ltd (OPaL) has awarded a $1.5 billion contract for its ethylene project to the consortium of Samsung Engineering of South Korea and German engineering firm Linde. For full story, click here
Read the full article: "ONGC unit awards $1.5 bn ethylene project to..."
Tuesday, December 23, 2008
Malaysia is set to invest up to $14 billion in Iran’s energy sector, including development of two gas fields. For full story, click here
Read the full article: "Malaysia to Invest $14bln in Iran’s..."
Sunday, December 21, 2008
Natural gas prices in Georgia sank this month, following a national trend of falling energy prices. Defying the market’s usual cold weather logic, long-term contracts are going for bargain prices, as long as customers choose the right marketer. For full story, click here
Read the full article: "Natural gas prices drop"
Sunday, December 21, 2008
India will sign production-sharing contracts this week with companies including BHP Billiton Ltd. and Oil & Natural Gas Corp. that were awarded oil and gas areas off the nation’s west coast. For full story, click here
Read the full article: "India to Sign Contracts With Oil, Gas..."
Sunday, December 21, 2008
Reliance Industries (RIL) is expected to produce natural gas from its Krishna-Godavari (KG) basin by February next year, said an official in the petroleum ministry, who didn’t wish to be named. For full story, click here
Read the full article: "RIL may begin production at KG basin by Feb..."
Friday, December 19, 2008
Natural gas inventories fell by 124 billion cubic feet to stand at 3,167 billion cubic feet during the week ended Dec. 12, the U.S. Energy Information Administration reported. For full story, click here
Read the full article: "Natural gas inventories fall"
Friday, December 19, 2008
Natural Gas prices are likely to trade sideways down, as weak oil prices can weigh on gas prices. MCX Dec contract has support at Rs. 252 levels & resistance at Rs. 266.50 levels. For full story, click here
Read the full article: "Natural Gas prices may trade sideways down"
Friday, December 19, 2008
Amid speculation of a postal strike in the UK, London-listed Imperial Energy has asked its shareholders to accept the ONGC offer “as early as possible”. Priced at 1,250 pence a share. For full story, click here
Read the full article: "Imperial fears postal strike, asks investors..."
Wednesday, December 17, 2008
In an unusual development, the government has withdrawn the affidavit, it had filed in the Bombay High Court, arguing that Reliance Industries (RIL) cannot sell Krishna-Godavari basin gas at a price less than $4.20 per million metric British thermal units (mmBtu). For full story, click here
Read the full article: "Govt withdraws affidavit in RIL-RNRL gas..."
The Gas Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
GasInvestingNews.com maintains a focus on Gas exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Get our exclusive independent commentary on gas trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Wednesday, December 24, 2008