ONGC Videsh Ltd (OVL), the overseas investment arm of ONGC, through which the exploration major is routing its bid for Imperial, has fulfilled all pre-conditions for acquisition.
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By Duncan Sutherland – Exclusive to Gas Investing News
Market news
What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches.
Barring a major depression of the sort where people make shoelace soup, winter means more demand for natural gas. So, [...]
By Duncan Sutherland – Exclusive to Gas Investing News
Market news
A mild rebound for hard-hit natural gas futures has developed over the past few days.
Like the Dow Jones, oil prices and the Asian market indices, natural gas futures are also in a state of flux. The instability is fairly easy to source: investors are scared, confused [...]
Queensland Gas is betting on a shining outlook for the development of the liquefied natural gas industry with the acquisition of Sunshine Gas.
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San Diego based Sempra Energy strengthened its positioning in the natural gas with the acquisition of a gas storage and distribution company in Alabama.
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Thursday, November 27, 2008