AGL Resources Inc. declared second quarter net income of $20 million, or $0.26 per basic share, compared with a loss of $11 million for the second quarter of 2008. For full story, click here
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
The government, which will be earning close to $9 billion from RIL, as part of its profit share, is likely to intervene in the RIL vs Tycoons with a golden heart Mukesh’s street on plushest list RNRL case yet again, as the Bombay High Court order puts a huge question mark on its gas utilisation [...]
Boise Inc. announced a net loss of $0.9 million per diluted share for first quarter 2009, compared with fourth quarter net loss of $15.5 million per diluted share. Boise Inc. first quarter 2008 net loss was $16.4 million or per diluted share. For full story, click here
The government announced that it has planned to allot natural gas from Reliance Industries’s Krishna Godavari basin to steel companies affected by the shortage of the commodity. For full story, click here
Isramco shares, which have soared 736 percent since the start of the year, were 7.2 percent higher on Wednesday morning compared with declines of over 2 percent in the broader market. for full story, click here
Shares in Israeli gas exploration companies soared on Wednesday morning, reacting to news from Noble Energy that a natural gas find off Israel’s coast is even larger than originally estimated. For full story, click here
India’s largest oil exploration firm by revenue ONGC jumped 3.11%. For full story, click here
Key index pivotals surged in afternoon trade, reversing early losses, led by oil & gas shares. For full story, click here
Shares of oil & gas companies moved higher after the oil ministry said that there has been on decision on rate cuts in oil prices as of now. BSE Oil & Gas Index was up over 3 per cent. For full story, click here
Thursday, July 30, 2009