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Gas Price

Feb 23, 2015 at 16:12 | Source: Moneycontrol.com
Brokerage house Emkay Global Financial Services is bullish on ONGC and has recommended buy rating on the stock with a target price of Rs 398 in iits research report dated February 18, 2015.
Feb 20, 2015 at 11:04 | Source: CNBC-TV18
After power, the Oil Ministry has moved a proposal to pool or average out prices of domestic natural gas and imported LNG used by fertilizer plants to make the cost of fuel uniform and affordable.
Feb 19, 2015 at 12:39 | Source: Moneycontrol.com
The cost of gas, which is the most important component for production of urea, varies from plant to plant owing to differential rates at which imported LNG is contracted as well as cost of transportation.
Feb 19, 2015 at 12:20 | Source: CNBC-TV18
Neeru Abrol, Chairman & Managing Director, National Fertilizers believes pooling of gas will make business more attractive and the average price could be around USD 10-12 per mmbtu.
Feb 16, 2015 at 08:51 | Source: CNBC-TV18
The company paid Rs 9,458 crore in fuel subsidy during the quarter when its average crude oil price realisation fell to USD 76 per barrel from USD 108.19 in October-December 2013.
Feb 15, 2015 at 13:12 | Source: PTI
Profit-booking may also be on the cards as benchmark indices Sensex and Nifty on Friday logged their fourth successive session of gains and regained 29,000 level and 8,800 mark respectively.
Feb 14, 2015 at 16:18 | Source: Moneycontrol.com
Kotak Securities is bullish on Indraprastha Gas and has recommended buy rating on the stock with a target price of Rs 494, in its research report dated February 13, 2015.
Feb 12, 2015 at 12:38 | Source: PTI
Sources said efforts are being made to impress on Finance Ministry to give out more as the subsidy payout for ONGC and OIL is unsustainable given that oil prices have halved to USD 50 per barrel. In the first half of current fiscal, fuel retailers IOC, BPCL and HPCL had together lost Rs 51,110 crore in revenue on selling fuel below cost.
Feb 11, 2015 at 14:24 | Source: Moneycontrol.com
According to Sushil Finance, Natural gas prices are expected to trade on positive note on the back of colder than normal temperature forecasts for next few days.
Feb 05, 2015 at 10:36 | Source: CNBC-TV18
The Oil Ministry proposed a new subsidy sharing proposal by which upstream companies ONGC and Oil India would not make any contributions towards subsidy burden if crude prices are at or below USD 60 per barrel.
Messages on Gas Price »

ONGC  

Gas price must be left to auction as Supreme Court and CAG both will not object also if buyers feel costly they must not buy from auction and must buy from abroad .ongc will get rate hike in crude rate to 68 dollars instead of 56 dollar that will help more exploration .board must list ongc videsh

4.10 PM Jul 8th 2014

shivamparik
h

Platinum Member

97 Followers

Reliance  

Reliance sell to 900 Rs. Its over valued until the Gas Price hike and Telecom launches!

3.03 PM Jul 8th 2014

ushakrani

Gold Member

136 Followers

Reliance Power  

gas pricing mechanism at advanced stage of finalisation and the possibility of Reliance Industries increasing the output from the KG basin wells, as also ONGC and GSPC likely to step up investments, there is some fresh hope of additional gas flow over the next 12-18 months. The Government is also

10.17 PM Jul 7th 2014

ushakrani

Gold Member

136 Followers

Reliance Power  

that incremental gas would go to power plants. Since the BJP government has wound up the EGoM on gas pricing and allocation, the new priority list is being vetted by a Committee of Secretaries (CoS) and a final order is likely to be issued shortly, the sources added.

10.12 PM Jul 7th 2014

ushakrani

Gold Member

136 Followers

Reliance Power  

The EGoM had decided that incremental gas would go to power plants. Since the BJP government has wound-up the EGoM on gas pricing and allocation, the new priority list is being vetted by a Committee of Secretaries (CoS) and a finl order is likely to be issued shortly, the sources added. Sources

10.02 PM Jul 7th 2014

Web Messenger

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272227 Followers

News Now  

Source:Calcutta Telegraph News - New Delhi, July 4: The government is looking at options to cut the oil subsidy bill, such as a one-time hike in kerosene and cooking gas prices or a phased monthly increase like diesel. “The ministry will put forward different options for the consideration

7.01 PM Jul 7th 2014

josepha

Platinum Member

220 Followers

MRPL  

G S Agarwal Sir - Govt is under pressure to tackle inflation. Hence Oil and Gas price will be limited. Govt has no way but to shrink Oil Cos profit to stem price rise. Moreover many states are heading for assembly election.. so keep minimum exposure in Oil and gas sector and look for power, banks

6.07 PM Jul 7th 2014

TKMUM

Silver Member

4 Followers

Reliance  

Big negative news is coming on gas pricing ..sell..sell.....

2.53 PM Jul 7th 2014

rrvora

Platinum Member

631 Followers

Reliance  

buy Reliance for target of rs.1100 infew days. it is likely to go to rs.1500 in 3 to 5 months. accumulate on every drop. once gas prices issue sattled it start up word journey &at that time may not to get at this price.

12.31 PM Jul 7th 2014

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Platinum Member

272227 Followers

Reliance  

Source:NDTV Profit - New Delhi: Reliance Industries and its partners BP Plc and Niko Resources have slapped an arbitration notice on the government seeking implementation of a delayed gas price rise. The trio had issued a "pre-arbitration notice" on May 9, saying failure

11.49 AM Jul 7th 2014

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