Xebec Adsorption Inc. (TSX:XBC) announced it has a purchase order for a Pressure Swing Adsorption system to be installed in India.
Continue reading "Xebec Receives Order for Indian Natural Gas Upgrading Project"
Thursday, July 22, 2010
The latest developments underscore a general theme from the subcontinent as it has been looking at other areas to acquire oil and gas assets overseas to meet its growing energy demand. As Asia’s third-largest oil consumer, India has been aggressively scouting for overseas gas and oil assets to meet its supply deficit and is competing with China for fields from Africa to Venezuela.
Continue reading "India Looking to Secure Gas Supplies"
Thursday, July 23, 2009
India’s Oil & Natural Gas Corp has sold a total of 70,000 tonnes of naphtha at lower premiums on higher supplies amid weak spot demand. For full story, click here
Continue reading "Asia Naptha India ONGC premiums slipped on high supplies"
Thursday, July 16, 2009
Fitch Ratings has today assigned India’s GSPC Gas Company Limited, a National Long-term rating of ‘A-(ind). Also, the agency has assigned ratings to GSPC Gas’s fund based working capital limits of INR1,450m, as well as to its Commercial paper/short-term debt program of INR350m. For full story, click here
Continue reading "Fitch Ratings have assigned GSPC Gas Company’s Bank Loans"
Monday, July 13, 2009
India’s Oil and Natural Gas has a negative net present value on its investment in Cairn India’s Rajasthan block under the revised field development plan. For full story, click here
Continue reading "India’s Oil and Natural Gas has negative NPV from Cairn Block Govt"
Wednesday, July 8, 2009
In a bid to give a fillip to the current round of auction of hydrocarbon assets, finance minister Pranab Mukherjee on Monday extended the tax exemption on profits in the natural gas sector. For full story, click here
Continue reading "India has extended Tax Holiday for Natural Gas Output"
Thursday, July 2, 2009
GAIL India declared that it has ended the day among the top gainers, after its share price went up by 7.85 percent. For full story, click here
Continue reading "GAIL India shares surged by 7.85%"
Friday, June 26, 2009
Reliance Industries Ltd’s gas output from its deep-sea field off India’s east coast is below capacity as supply agreements with some buyers still need to be finalised. For full story, click here
Continue reading "India’s Reliance declared KG Gas Output at 28 mmscd"
Monday, June 15, 2009
Mukesh Ambani’s Reliance Industries, India’s most valuable company, was ordered to sell natural gas to a company owned by his younger brother Anil for 44 percent less than the government-set price. For full story, click here
Continue reading "Reliance Industries won court contest with Mukesh Over Gas"
Friday, June 12, 2009
Oil and Natural Gas, India’s biggest explorer, slipped in Mumbai after Chairman R.S. Sharma declared the company may have had $630 million of losss selling natural gas at below cost last fiscal year. For full story, click here
Continue reading "ONGC slipped after forecasting Gas Losses of 30 bln rupees"
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Wednesday, December 21, 2011