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Gas Price

Jun 19, 2015 at 10:53 | Source: CNBC-TV18
There will be no subsidy burden on ONGC till crude oil is at or below USD 60 per barrel. ONGC will have to pay 85 percent of incremental price above USD 60/ bbl as subsidy if crude is between USD 60-100 per barrel.
Jun 17, 2015 at 17:33 | Source: PTI
Railway Minister Suresh Prabhu, who has gone to Turkey as 'Sherpa' of Prime Minister Narendra Modi to attend the G-20 meeting, sought reforms in petroleum pricing and transparency in global gas markets to ensure price stability in the international market.
Jun 16, 2015 at 16:40 | Source: PTI
Finance Ministry has moved a Cabinet note for inter-ministerial consultations for selling 2.16 crore shares in BPCL through a public offer, official sources said. At current trading price of Rs 820, the stake sale will fetch the government over Rs 1,778 crore.
Jun 16, 2015 at 07:46 | Source: PTI
The AAP government has written to the Delhi Electricity Regulatory Commission (DERC) to withdraw the recent hike in fuel surcharge saying the order was not in accordance with certain sections of the Electricity Act.
Jun 12, 2015 at 12:33 | Source: CNBC-TV18
Prayesh Jain of IIFL says the chairman's vision is like magnum opus but one will have to wait and see how it pans outs. "We will have to wait for the numbers to start trickling in. It will take atleast another year for the numbers to come in, only then will more clarity emerge on the valuation front," he adds.
Jun 11, 2015 at 17:24 | Source: PTI
The company had sought .75 per mmBtu, a price it had discovered by inviting bids from consumers in the region. But the oil ministry is inclined to fix the rates at USD 4.2 per mmBtu for the period from June 2010 to November 2014, when a new international hub-based rate came into effect.
Jun 11, 2015 at 10:06 | Source: Moneycontrol.com
According to the brokerage, acceptance of the new formula for FY16, short-term upside in Brent and return of Ratna/R-Series block are the near-term triggers for the stock. However, a sharp fall in oil price may be a potential risk.
Jun 10, 2015 at 11:58 | Source: CNBC-TV18
The profits are poised to double over the next three years as the valuations, even after running so strongly, are not very expensive, Jal Irani, Oil and Gas Analyst, Edelweiss Financial Services told CNBC-TV18.
Jun 09, 2015 at 15:23 | Source: PTI
The government, while approving a new gas pricing formula based on international hub rates in October last year, had decided that new gas discoveries in deep-water, ultra-deep sea or high-temperature and high-pressure fields will be given a premium over and above the approved price.
Jun 04, 2015 at 10:11 | Source: PTI
The US Department of Energy's latest petroleum report yesterday showed US output rose 20,000 barrels a day to 9.59 million in the week to May 29 - the second consecutive gain and the highest since January 1983.
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

167 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

167 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

167 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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293157 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

273 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

653 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

293157 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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