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Gas Price

Mar 31, 2015 at 20:30 | Source: Moneycontrol.com
The Union Cabinet today approved gas pooling for 30 urea manufacturing units in the country, communications minister Ravi Shankar Prasad today said. The move would allow sale of gas at a composite price arrived at by pooling gas from cheaper domestic and more expensive imported sources.
Mar 31, 2015 at 18:07 | Source: PTI
Oil Ministry's pricing cell, PPAC said domestically produced natural gas will cost USD 4.66 per million British thermal unit from April 1 to September 30 on gross clarofic value basis (GCV) as opposed to USD 5.05 per mmBtu currently.
Mar 31, 2015 at 11:21 | Source: PTI
Foreign ministers of US-led major world powers are racing to beat a midnight deadline to nail down a framework deal with Iran they hope will put an atomic bomb out of the Islamic republic's reach.
Mar 30, 2015 at 22:01 | Source: PTI
The insurance cover, due for renewal on May 11, has been renewed in the London markets, market sources said. Global general insurance prices have been heading south as claims have been lower unlike the previous year wherein claims were higher due to many catastrophes and aviation accidents.
Mar 30, 2015 at 13:27 | Source: CNBC-TV18
As domestic natural gas prices fall by a whopping 9 percent to USD 4.56 per unit from April 1 reflecting the softening in international prices, power and fertilizer sectors with exposure to gas based power projects are set to gain from the bonanza.
Mar 30, 2015 at 11:09 | Source: PTI
The government had in October last year fixed natural gas price at USD 5.05 per million British thermal unit based on weighted average of international hub rates. This was on gross clarofic value (GCV) basis.
Mar 30, 2015 at 11:03 | Source: Moneycontrol.com
Indraprastha Gas has acquired 4.75 crore shares of M/s. Maharashtra Natural Gas Limited (MNGL), in the first tranche at a price of Rs 38 per equity share from certain financial investor shareholders of MNGL.
Mar 30, 2015 at 08:26 | Source: Reuters
In the United states, the oil rig count continued to fall as producers adjust to lower prices, although analysts said that lower drilling activity would only affect actual oil production later this year.
Mar 29, 2015 at 17:47 | Source: PTI
Government expects that about one crore well off consumers will surrender the subsidy on cooking gas after Prime Minister Narendra Modi's appeal to people not to take subsidy if they can afford to buy LPG at market price.
Mar 27, 2015 at 19:13 | Source: PTI
The upstream subsidy contribution is by way of discount on crude oil they sell to refineries. With international oil prices almost halving to USD 50 per barrel, providing the subsidy discounts would have meant they got rates way below their cost of production.
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

100 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

150 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

150 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

150 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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277980 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

232 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

637 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

Web Messenger

Platinum Member

277980 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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