Prime Minister Manmohan Singh’s government, which won the national election in India this month, may ease curbs on fuel pricing and restore a tax break for gas output. For full story, click here
Read the full article: "ONGC: India’s new govt. may ease curbs..."
Tuesday, May 19, 2009
Indraprastha Gas Ltd. declared that it has challenged oil regulator PNGRB’s authority to give licences for retailing CNG to automobiles and piped cooking gas to households before the Delhi High Court, saying the Government had not given the regulator explicit powers to do so. For full story, click here
Read the full article: "Indraprastha Gas dragged oil regulator to..."
Tuesday, May 19, 2009
Fortune Oil Plc. declared that its sales of natural gas surged 44 percent in the first quarter from the same period last year, helped by a diverse revenue base, sending its shares up 10 percent. For full story, click here
Read the full article: "Fortune Oil Q1 Natural Gas Sales surged 44%"
Tuesday, May 19, 2009
Kurdistan region government revealed that it has hailed the natural gas plan with the value of 8 billion dollars established by a consortium that includes European and Arab companies. The government announced that it will provide big quantities of gas for exports. For full story, click here
Read the full article: "Kurdistan Govt. hailed new natural gas plan"
Friday, May 15, 2009
United States Natural Gas Fund, LP closed yesterday at $16.68. So far UNG has hit a 52-week low of $12.69 and 52-week high of $63.89. UNG has been showing support around 15.64 and resistance in the 17.40 range. Technical indicators are Bullish. For full story, click here
Read the full article: "United States Natural Gas closed at $16.68"
Friday, May 15, 2009
The government of India declared that it may develop a national gas highway network to ensure supply of natural gas across the country. For full story, click here
Read the full article: "National Highway to be built for Gas in..."
Friday, May 15, 2009
China National Offshore Oil Corp, parent of CNOOC Ltd, will purchase 3.6 million tonnes of liquefied natural gas per year from BG Group Ltd’s proposed Australian plant from as early as 2014. For full story, click here
Read the full article: "China National Offshore will purchase 3.6..."
Friday, May 15, 2009
Ghana National Petroleum Corp., the state-run agency which manages the country’s oil and gas industry, declared that it’s seeking investors to help fund a $1 billion natural gas processing plant. For full story, click here
Read the full article: "Ghana seeking Investors for $1 bln natural..."
Thursday, May 14, 2009
Insignia Energy Ltd. declared its financial and operating results for the three months ended March 31, 2009. For full story, click here
Read the full article: "Insignia Energy declared financial results..."
Thursday, May 14, 2009
Orleans Energy Ltd. declared financial and operating results for the first quarter ended March 31, 2009. For full story, click here
Read the full article: "Orleans Energy declared financial results..."
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Tuesday, May 19, 2009