March 2009 Archives

Hindu Business Line

Debate: How will KG Basin gas alter India's fuel economy? Economic Times, India In oil and gas equivalence terms, India’s import dependence is likely to fall from 60% to 45% (after also factoring in new crude from D-6 and Cairn Energy’s Barmer fields), and most important of all, India will be able to move from an oil economy to a ... Oil import bill may fall by $8 bn as RIL prepares to pump gas Livemint RPT-UPDATE 1-India's Reliance signs gas deal with fertiliser cos Reuters India RIL inks gas supply deals with 12 fertilizer companies SteelGuru TopNews - Economic Times all 34 news articles

For more information about cone crusher : Track Mounted Cone Crusher

Full Story: Debate: How will KG Basin gas alter India's fuel economy? - Economic Times

Hindu Business Line

'Peak production from KG-D6 will help address gas shortfall' Economic Times, India Peak production of oil and gas from KG-D6 is expected to be 5,50000 barrels of oil equivalent per day. At this level, the D6 oil and gas production will account for about 40% of India’s total oil and gas production. The peak 80 MMSCMD of gas production ... Oil import bill may fall by $8 bn as RIL prepares to pump gas Livemint RIL inks gas supply deals with 12 fertilizer companies SteelGuru RIL-fertilizer firms’ contracts related to KG-D6 fields help ... TopNews Daily News & Analysis - Moneycontrol.com all 14 news articles

Information about auto components india oem

Full Story: 'Peak production from KG-D6 will help address gas shortfall' - Economic Times

was trading below the 3050 level. Banking, technology, metal, realty, telecom, capital goods and oil & gas companies' shares were under pressure. However, broader indices were quiet in trade.

Track Mounted Cone Crusher Manufacturer : http://www.shaktimining.com/track-mounted-cone-crusher-manufacturer.html

ICICI Bank, Tata Steel, HDFC, Sterlite Industries, Reliance Infrastructure, Unitech and PNB were the top losers, slipped 4-6%. However, BPCL, Sun Pharma and NTPC were the only gainers. Nifty was trading at 3,035, down 74 points. However, the Nifty April futures were trading with 10 points premium.

Full Story: Nifty below 3050; Bank, IT, Metal, Realty indices dip 3% - Moneycontrol.com

RIL set to begin KG gas output Economic Times, India “A major portion of the current shortfall in India’s gas availability can be met once this happens,” says PMS Prasad, president and CEO, Oil and Gas, RIL. Although the KGD6 project is expected to take around four years to break even, profits from the ...

diesel fuel tanks

Full Story: RIL set to begin KG gas output - Economic Times

, India’sbiggest company by market value, signed accords to start sellinggas to 12 fertilizer companies, paving the way for higherproduction of crop nutrients.

Track Mounted Cone Crusher Manufacturer website and info.

Reliance will sell about 15 million cubic meters a day ofgas to 15 plants belonging to the companies, P.M.S. Prasad ,president and chief executive officer of Reliance’s oil and gasbusiness, told reporters in New Delhi today. India designated fuel-starved fertilizer makers as prioritycustomers for the gas to be produced from the Reliance Krishna-Godavari field, which is expected to more than double thecountry’s output of the fuel. Gas demand from fertilizer unitsin the year ending March 2012 is estimated at 53.07 millioncubic meters a day as they expand capacity and switch from usingnaphtha and fuel oil, the government said.

Full Story: Reliance Agrees to Sell Gas to Fertilizer Companies - Bloomberg

MUMBAI, INDIA, Mar 27, 2009 (Marketwire via COMTEX) ----Niko Resources Ltd. (TSX:NKO) along with their partner Reliance Industries Limited (RIL) has signed the Gas Sales and Purchase Agreements (GSPA) with customers in India's fertilizer sector for supply of natural gas to be produced from the KG-D6 block. The GSPAs were signed with 12 customers in the fertilizer sector for supply of approximately 15 million standard cubic meters daily (530 million standard cubic feet daily) of natural gas at 15 different urea manufacturing facilities.

oem diesel tanks

With the signing of GSPAs, D6 gas would reach all gas-based urea manufacturing units in India, eliminating the deficit in gas supply currently faced by these units. We look forward to having a long-lasting and mutually beneficial relationship with the fertilizer companies. - The supply of gas is expected to commence shortly; - The fertilizer companies also signed Gas Transportation Agreements.

Full Story: Niko Resources Signs 1st Long Term Gas Contracts for D6 - FOXBusiness

Business Standard

PSU oil cos to fuel growth with Rs 57000-crore spend Economic Times, India According to the mega plan, domestic exploration and production (E&P) major Oil & Natural Gas Corp (ONGC) will be the top investor with a budget of Rs 30233 crore for 2009-10. This includes an outlay of Rs 9365 crore for its foreign arm ONGC Videsh ... 'Global crisis not to derail ONGC's investment plans' Hindu Jan strike set to hit ONGC output Daily News & Analysis ONGC Says No Plans to Cut Local Capex Wall Street Journal RTT News - Indopia all 52 news articles

Track Mounted Cone Crusher India : http://www.shaktimining.com/track-mounted-cone-crusher-india.html

Full Story: PSU oil cos to fuel growth with Rs 57000-crore spend - Economic Times

Xinhua

China signs oil-gas pipeline deal with Myanmar Times of India, India BEIJING: Energy hungry China has signed a deal with the military junta of Myanmar to build cross border oil and gas pipelines, a move that may have strategic and economic implications for India. Beijing has also offered to help the smaller neighbour in ... China and Myanmar seal gas export deal AsiaOne China, Myanmar in oil deal Straits Times all 72 news articles

Mahindra lcv diesel tanks

Full Story: China signs oil-gas pipeline deal with Myanmar - Times of India

above 3100 level. The Sensex and Nifty were up 12% and 10.5% respectively. All BSE sectoral indices ended in the green; gains at least 5%.

For more information about crushers : Cone Crusher India

Experts like Jai Bala of Reliance Equities International and Hemang Jani of Sharekhan feels this rally has a lot of leg to go higher. However, Bala was quick to caution that he doesn’t see markets going vertically up. Jani feels the market will give opportunities to play for a 15-25% kind of a move both in the midcap and the largecap space.

Full Story: Weekly wrap: Banks, Metal, Oil & Gas aid Sensex regain 10K - Moneycontrol.com

New Delhi (PTI): State-run Gas Authority of India (GAIL) has topped the list among companies in the gas processing, distribution and marketing sector, according to research firm Dun & Bradstreet.

Manufacturer of diesel tanks India.

"GAIL has been selected as the top Indian company in the gas processing, distribution and marketing sector at the D&B-Rolta Corporate awards," a company statement on Friday said. The selection procedure to identify the top companies in each sector was based on a proprietary financial model, developed by the research firm.

Full Story: GAIL bags D&B Rolta award in oil and gas sector - Hindu

By COLLEEN SLEVIN – 19 hours ago DENVER (AP) — The Colorado Legislature has given final approval to landmark new regulations for oil and gas drilling, despite warnings from opponents that the rules will hobble an ailing industry and eliminate jobs amid a deep recession.

Manufacturer of Track Mounted Cone Cusher India

The Senate passed the regulations Wednesday on a straight party-line vote and sent them to Gov. Bill Ritter. Ritter made overhauling the oil and gas regulatory system a priority after taking office two years ago. He plans to sign the legislation but hasn't set a date yet, spokesman Evan Dreyer said.

Full Story: Colo. lawmakers approve landmark oil, gas rules - The Associated Press

New Delhi (PTI): Global economic meltdown and fall in crude oil prices will not deter state-run Oil and Natural Gas Corp from committing to investment of billions of dollars in improving output and diversifying into refining and petrochem business.

India auto diesel tanks manufacturer

"Despite global slowdown, we shall not slowdown our investments," ONGC Chairman and Managing Director R.S. Sharma said at the CII annual conference here on Thursday. The board of ONGC has approved investments in excess of Rs 25,000 crore during past six months in improving recovery of oil and gas from existing fields, he said.

Full Story: 'Global crisis not to derail ONGC's investment plans' - Hindu

What’s they’re saying about Colorado’s new oil and gas rules Bizjournals.com, NC "As Republicans have been warning for months, these new restrictions on energy undermine one of the few industries—oil and gas—that has actually created jobs in our state in the past year. In the name of environmental protection—something current law ... Colo lawmakers approve landmark new oil, gas rules Forbes Senate OKs oil, gas rules Grand Junction Sentinel Gas, oil saga nears end in state Senate The Durango Herald Forbes - Grand Junction Sentinel all 83 news articles

Track Mounted Cone Crusher Manufacturer : http://www.shaktimining.com/track-mounted-cone-crusher-manufacturer.html

Full Story: What’s they’re saying about Colorado’s new oil and gas rules - Bizjournals.com

FLORENCE, Italy, Mar 25, 2009 (BUSINESS WIRE) ----GE Oil & Gas technology has again been selected for one of the largest gas transmission projects in the world. GE will be the primary supplier of compression equipment for the western section of China's second West-to-East Gas Pipeline. Since 2005, GE has been awarded bids by PetroChina worth over $600 million dollars.

Track Mounted Cone Crusher : http://www.shaktimining.com/track-mounted-cone-crusher.html

Longer than the Great Wall The second West-to-East pipeline, will be part of the ongoing natural gas pipeline infrastructure in China that, when completed over the course of the next five to six years, will total approximately 20,000 kilometers. This second pipeline, 8,700 kilometers in length, will be 2,000 kilometers longer than the Great Wall. This monumental pipeline will snake through 13 provinces and autonomous regions, and will play a vital role in supporting the country's energy security and economic development. Existing Chinese natural gas pipelines total 30,000 kilometers in length. Providing Asia with vital energy infrastructure This deal marks GE's third major win to support the massive Chinese pipeline network. Total GE orders are expected to be more than $600 million. Previously, the company provided equipment for the expansion of the first West-to-East pipeline project, and for two stations (including the head one) of the second West-to-East pipeline project.

Full Story: China's Milestone West-to-East Pipeline, One of the World's ... - FOXBusiness

Oil and gas index surges 3.66%, RIL leads rally Hindu Business Line, India MUMBAI: The oil and gas sector index rose 3.66 per cent on the Bombay Stock Exchange on Wednesday as stocks of Reliance Industries, country's largest company in private sector, climbed 5.63 per cent after company has reached an agreement with ... Indian market ends volatile session higher RTT News all 4 news articles

original equipment manufacturer diesel tanks

Full Story: Oil and gas index surges 3.66%, RIL leads rally - Hindu Business Line

At 2.31 pm, the markets extended gains and were trading higher. All BSE sectoral indices were trading positive. The BSE realty index outperformed the other sectoral indices; it was up over 4%.

General information about indexing table hirth.

Good buying interest was also seen in oil & gas, metal, banks, IT and capital goods stocks. Reliance, Infosys, ITC, ICICI Bank and HDFC were major contributors to the Sensex . Top gainers on the Sensex were DLF at Rs 175.40 up 5.47%, Sterlite Ind at Rs 343.50 up 5.30%, Tata Power at Rs 723.25 up 4.67%, Jaiprakash Asso at Rs 81.65 up 3.95% and Reliance at Rs 1,508 up 3.88%.

Full Story: Mkts firm: Realty, oil & gas, metal, banks, IT surge - Moneycontrol.com

Stock Watch

RIL, Cairn to begin gas & crude output from April Economic Times, India NEW DELHI: The country may see the beginning of production from two major oil & gas fields next month. While Reliance Industries (RIL) is expected to start natural gas production from its Krishna Godavari (KG) basin field in early April, ... RIL hikes gas margin, fertiliser cos oppose Times of India Reliance gas to cut oil use in India - Goldman Reuters RIL, fertilizer units to sign gas supply pact soon Hindu Business Standard - Hindu Business Line all 65 news articles

Manufacturer of Skiploader Oil Tank

Full Story: RIL, Cairn to begin gas & crude output from April - Economic Times

Stock Watch

RIL hikes gas margin, fertiliser cos oppose Times of India, India The offshore account is just an enabling clause and all hydrocarbons except those under government control is denominated in dollar terms as India is yet to have a developed oil and gas market''. Reliance may get to use KG basin gas Economic Times Reliance gas to cut oil use in India - Goldman Reuters RIL, fertilizer units to sign gas supply pact soon Hindu Business Standard - Hindu Business Line all 65 news articles

For more infromation please see : Leak testing Machines

Full Story: RIL hikes gas margin, fertiliser cos oppose - Times of India

Top 10 cos add Rs 37k cr in a week; ONGC leads gain Economic Times, India The Oil and Natural Gas Corp (ONGC) added Rs 10502 crore last week to its valuation, after its shares surged nearly 7 per cent on the Bombay Stock Exchange. At the end of Friday's trade, the country's most valued PSU entity ONGC's market cap stood at ... Top firms add Rs37k cr in a week; ONGC leads gain Livemint all 6 news articles

Information about India auto components

Full Story: Top 10 cos add Rs 37k cr in a week; ONGC leads gain - Economic Times

Oil Min seeks EC's nod for meet on RIL gas allocation Economic Times, India 22 Mar 2009, 1527 hrs IST, PTI NEW DELHI: The Oil Ministry is believed to have sought Election Commission's nod to hold a meeting of an empowered group of ministers (EGOM) to decide on allocation of natural gas from Reliance Industries' eastern ...

Manufacturer of Diesel Tanks India.

Full Story: Oil Min seeks EC's nod for meet on RIL gas allocation - Economic Times

Last Modified: March 21st, 2009 05:48 PM It took awhile, but lawmakers -- at least a few of them -- are getting itchy about Gov. Sarah Palin's Alaska Gasline Inducement Act. Your remember that bit of nonsense, don't you? It hands a Canadian company $500 million for little more than advice on building a $30 billion gas line to carry North Slope gas south. Oh, and obtaining a Federal Energy Regulatory Commission certificate for a line the company says it cannot build.

three wheeler fuel tanks

To put $500 million into perspective, if the government instead divvied up the money among last year's 610,000 Permanent Fund dividend recipients, the check would amount to $819 each, give or take a few cents. Not bad. Republican Reps. Jay Ramras and Craig Johnson say the mutating fiscal moonscape and the increasing availability of natural gas in the Lower 48 have changed the economic equation. With gas and oil prices in the tank and supplies increasing, the $500 million investment at this point, they say, is shaky. Then there's that pesky AGIA provision that would require Alaska to pay TransCanada an additional $1 billion-plus if the state were to assist a competing proposal.

Full Story: Palin's gas line a recipe for failure - Anchorage Daily News

SEOUL (Dow Jones)--South Korea signed a memorandum of understanding with Venezuela to jointly cooperate in exploring, developing, and producing oil and gas, said the Ministry of Knowledge Economy on Saturday.

oem diesel tanks

Email Newsletters and Alerts The latest news and analysis delivered to your in-box. Check the boxes below to sign up. Q: I don't get it. Day to day life has seemed to change little for the average American, but the...

Full Story: S. Korea, Venezuela In MOU To Cooperate In Oil, Gas Devt - Wall Street Journal

SamayLive

Sensex ends choppy session flat; metals, oil & gas up Economic Times, India MUMBAI: Indian equities ended volatile day on a flat note as traders bought frontline oil&gas and metal stocks and exited rate sensitive like realty and banks. Weak European market kept markets under check. Bombay Stock Exchange’s Sensex closed at ... Sensex Up 62.15 Pts At 9038.83; Realty, IT, Oil & Gas Lead Rally TopNews Sensex closes in on 9000, realty, oil & gas lead rally Business Standard Sensex gains 210.07 pts in the week Myiris.com Moneycontrol.com - Sify all 498 news articles

40 gallon diesel tank

Full Story: Sensex ends choppy session flat; metals, oil & gas up - Economic Times

Cairn India appoints E Story as non-executive director Economic Times, India 18 Mar 2009, 2145 hrs IST, PTI MUMBAI: Cairn India Ltd, engaged in oil and gas exploration and production, on Wednesday said it has appointed Edward Story as a non-executive director of the company. The board of director took a decision to this effect ... Cairn India Announces Board Appointment OilVoice (press release) all 4 news articles

Information about auto components India

Full Story: Cairn India appoints E Story as non-executive director - Economic Times

Negative outlook for Asia oil & gas, petrochemicals: Moody’s Economic Times, India However, Moody’s forecast a stable outlook for India’s Reliance Industries (BAA2 rating) and Indian Oil Corporation (BAA3 rating). In July 2008, Moody’s had downgraded Indian Oil Corp to Baa3 stable from Baa2 negative due to declining profits as a ... Moody's Sees Negative Outlooks For Asia Oil & Gas, Petrochemicals Bernama all 6 news articles

Manufacturer of oil tanks India.

Full Story: Negative outlook for Asia oil & gas, petrochemicals: Moody’s - Economic Times

--> KUALA LUMPUR, March 17 (Bernama) -- Moody's Investors Service sees a negative outlook for the Asia Pacific's exploration and production (E&P), refining and marketing (R&M) as well as petrochemical sectors over the next 12 to 18 months.

sheet metal fuel tanks

It said the precipitous fall in energy prices has hit margins and cash flow at E&P issuers, while rapidly falling demand has squeezed profits at R&M and petrochemical issuers, which held higher-cost inventories and faced new capacity coming onstream. Moody said this in its report, "Asia-Pacific (ex Japan) Oil, Gas, and Petrochemical Sectors: Falling oil prices, weak demand, and new capacity weigh on industry players".

Full Story: Moody's Sees Negative Outlooks For Asia Oil & Gas, Petrochemicals - Bernama

Stocks rose, driving the Bombay Stock Exchange’s Sensitive Index to its highest in two weeks, led by banks and car makers after G-20 officials said their priority was to restore lending and oil prices tumbled.

Mahindra vehicles diesel tanks

State Bank of India (SBI), the nation’s largest, gained 3.6 per cent after the G-20 at the weekend outlined guidelines on how governments should rid banks of distressed securities. Mahindra & Mahindra, India’s biggest maker of sport-utility vehicles, jumped 8.4 per cent as oil slumped after Opec refrained from cutting output. The Sensex, added 186.93, or 2.1 per cent, to 8,943.54, the highest since February 26. The gauge, which increased 5.2 per cent last week, swung between gains and losses at least eight times earlier today. The S&P CNX Nifty Index on the National Stock Exchange advanced 2.1 per cent to 2,777.25.

Full Story: Sensex closes in on 9000, realty, oil & gas lead rally - Business Standard

The markets were trading positive with marginal gains. The Nifty tested 2750. Buying interest was seen in oil & gas, auto, capital goods, realty, banking and FMCG stocks. Stocks like Reliance Industries, ITC, Bharti Airtel, ICICI Bank, L&T, SBI and BHEL were major contributers to the benchmark indices.

40 gallon diesel tank

Top gainers on the Sensex were M&M at Rs 371.70 up 7.80%, Jaiprakash Asso at Rs 75.30 up 6.21%, Ranbaxy Labs at Rs 142.75 up 3.07%, SBI at Rs 982 up 3.04% and Tata Motors at Rs 166.45 up 3%. However, top losers on the Sensex were Reliance Infra at Rs 449.30 down 3.72%, Sun Pharma at Rs 996 down 2.52%, HDFC at Rs 1,352 down 2.03%, Maruti Suzuki at Rs 699.05 down 1.87% and Infosys at Rs 1,284.10 down 0.94%.

Full Story: Nifty tests 2750: Oil & gas, metal, cap goods, realty up - Moneycontrol.com

Jeramy Keane of Union, Miss., on a natural gas rig near Decatur, Tex., northwest of Fort Worth.

Forklift Oil Tank manufacturing facility.

Drilling for natural gas near Decatur. Lower prices have ended the frantic push to find and exploit new sources of natural gas. The number of oil and gas rigs deployed to tap new energy supplies across the country has plunged to less than 1,200 from 2,400 last summer, and energy executives say the drop is accelerating further.

Full Story: As Oil and Gas Prices Plunge, Drilling Frenzy Ends - New York Times

was trading at 8,692, up 349 points and the Nifty was at 2,701, up 83 points. The Nifty March Futures were trading with just 3-5 points discount.

Information about auto components

ICICI Bank spurted up 8.14%. Axis Bank, PNB, SBI, HDFC and HDFC Bank were up 4-6.7% in the banking and financial space. BSE Bankex was up over 5%. Oil & Gas Index surged 3.6%, as Cairn India, Reliance Industries, Reliance Petroleum and ONGC gained 2.3-4.9%.

Full Story: Nifty hits 2700 mark: Banks, IT, oil & gas, cap goods jump - Moneycontrol.com

was up 3.8%, to 2,719.25. The rally was seen in large cap stocks while gains were muted in midcap & small cap stocks.

diesel fuel tanks

Nifty Junior gained 3.3%. On the sectoral front, metal, auto, oil & gas and banking indices outperformed other indices. BSE Metal Index shot up 6.7%, as Sterlite was up 13%. SAIL and Tata Steel gained 6.5-7%. BSE Auto Index was up 6.5%, as Tata Motors went up 15% and Maruti surged 10%. M&M was up 8%.

Full Story: Metal, Auto, Oil & Gas, Bank indices gain 6-7% this week - Moneycontrol.com

MUMBAI, Sept 21 (Reuters) - Reliance Industries will start pumping natural gas from its deep-sea block early next year, putting India's most valuable firm on track to earn a quarter of its profit from oil and gas production, Chairman Mukesh Ambani said.

auto fuel tanks

The field is located in the Krishna-Godavari Basin, where the firm started pumping crude oil last week, and total hydrocarbon output from the block would rise to 550,000 barrels of oil equivalent per day (boed) in six to eight quarters, Ambani told journalists on Sunday. Ambani said this would amount to about 40 percent of the current indigenous production in the energy-starved country, which imports 70 percent of the oil it consumes.

Full Story: KG Basin gas to lift Reliance profit - Ambani - Reuters India

The markets have extended losses further. The sell-off is seen in oil & gas, FMCG, technology, telecom, power, capital goods, metal and select financial stocks. Broader indices are following the same trend.

oem diesel tanks

Reliance Industries, ONGC, Bharti, ITC, NTPC, HUL, TCS, SBI, Infosys, BHEL, Wipro and SAIL are top draggers while HDFC, Hero Honda, GAIL, Cairn, Grasim and Suzlon are gainers. Sensex was at 8,181, down 144 points, at 11:52 hours IST. Among broader indices, BSE Midcap and Small cap declined 0.9% each.

Full Story: Mkts slip further: Oil & gas, FMCG, power, IT, Telecom weak - Moneycontrol.com

Hindu Business Line

Fertiliser firms cry foul over RIL gas contract Times of India, India The offshore account is just an enabling clause and all hydrocarbons except those under government control is denominated in dollar terms as India is yet to have a developed oil and gas market''. The FAI letter says not many Indian buyers may be able ... Market eyes stable cashflow for Reliance from KG gas Reuters RIL likely to change gas sale agreements Economic Times RIL creates largest refinery Deccan Herald mydigitalfc.com - Daily News & Analysis all 39 news articles

Manufacturer of Hydraulic Oil Tanks India

Full Story: Fertiliser firms cry foul over RIL gas contract - Times of India

ONGC tears into Goldman Sachs’ disparaging report Economic Times, India ONGC also said it has acquired 43 overseas oil and gas assets in land in just six years. It acquired properties abroad through its foreign arm, ONGC Videsh (OVL). OVL had only one property in 2003. “Investments in some of the properties have been paid ...

Manufacturer auto fuel tanks

Full Story: ONGC tears into Goldman Sachs’ disparaging report - Economic Times

SYDNEY (Bloomberg) -- Santos Ltd., Australia’s third- biggest oil and gas producer, may seek partners to take stakes in its two deepwater exploration permits off India’s east coast to reduce risks as it proceeds towards drilling.

India auto diesel tanks manufacturer

The Adelaide-based company owns 100 percent of the two licenses and would consider inviting partners to buy into the permits in the Bay of Bengal, Christian Bennett, a spokesman, said on Friday. Santos is still committed to its planned exploration in the area, he said. Santos said in February 2007 it plans to spend $70 million over eight years on exploration in India, widening its search for reserves to replace maturing fields in central Australia. The two permits, covering about 16,500 square kilometers, offer the potential to be “a long-term game-changer” for the company, Managing Director David Knox said last month.

Full Story: Santos may seek partners for India oil, gas exploration venture - Tehran Times

Webnewswire.com

Goldman report motivated, says ONGC Times of India, India Globally, companies have a production-sharing contract with governments, who as the owner of the mineral resource, get a pre-defined percentage of the oil and gas produced. Indeed Goldman has a history of tiffs with ONGC. In 2005, the then oil minister ... ONGC defends strategy, cites sound cash flow at OVL Economic Times Goldman Sachs has run-in history with ONGC Business Standard ONGC refutes Goldman Sach's negative rating Hindu Reuters - Economic Times all 112 news articles

Manufacturer of diesel tanks India.

Full Story: Goldman report motivated, says ONGC - Times of India

Webnewswire.com

ONGC acquired 43 overseas oil and gas assets in six years Economic Times, India NEW DELHI: State-owned Oil & Natural Gas Corp (ONGC), India's biggest oil explorer by sales, has said that it acquired 43 overseas oil and gas assets in lands in just six years. It acquired properties abroad through its foreign arm ONGC Videsh Ltd ... Goldman Sachs has run-in history with ONGC Business Standard ONGC refutes Goldman Sach's negative rating Hindu India's ONGC to invest $206 mln in western fields Reuters domain-B - Economic Times all 95 news articles

three wheeler fuel tanks

Full Story: ONGC acquired 43 overseas oil and gas assets in six years - Economic Times

The benchmark indices have strengthened and closed higher in the last one hour of trade on short covering. This after trading rangebound throughout the day. Shares of oil & gas exploration, technology, telecom, metal, capital goods, power, and select financial companies saw buying interest.

Mahindra diesel tank

The most beaten down heavyweights, in yesterday's trade, like Reliance Industries, ONGC, NTPC, Infosys, Bharti, TCS, HDFC, BHEL, Wipro, SAIL and L&T have helped the Nifty to come back above the 2600 mark. The 30-share BSE Sensex shut shop at 8,325.82, up 127.90 points or 1.56% over previous close, after hitting an intraday high of 8,347.74 and low of 8,047.17.

Full Story: Mkts end higher led by oil & gas, IT, telecom, cap goods - Moneycontrol.com

that evoked a strong reaction from the company, is not the first instance of the US investment bank having a run-in with the state-owned firm.

diesel fuel tanks

In 2005, the then Petroleum Minister Mani Shankar Aiyar had accused Goldman of "lack of propriety and transparency" in presiding over an auction of a Kazakhstan oil firm. Aiyar had alleged that ONGC and its billionaire partner Lakshmi N Mittal's $3.98 billion bid was the highest when the bids for PetroKazakhstan closed on (Friday) August 19, 2005. But Goldman allowed China National Petroleum Corp (CNPC) to revise its bid to $4.18 billion in the following days and sale was announced before office hours on (Monday) August 22.

Full Story: Goldman Sachs has run-in history with ONGC - Business Standard

ONGC board approves about Rs 3500 cr investment Economic Times, India The project involves a total investment of USD 329 million, of which ONGC would have to bear 40 per cent, the same as its stake in the field. BG Group and Reliance Industries have 30 per cent a piece in Panna/Mukta and Tapti oil and gas fields. India's ONGC to invest $206 mln in western fields Reuters ONGC approves Rs3,500 crore investment domain-B Goldman Sachs Questions Corporate Governance of India Energy Giant Wall Street Journal Hindu - India Infoline.com all 56 news articles

Information about auto components India

Full Story: ONGC board approves about Rs 3500 cr investment - Economic Times

ONGC.BO ) said on Thursday it would spend$206.2 million as its part of investment to lift oil and gasoutput at the western offshore fields of Panna and Mukta.

Information about auto components Original Equipment Manufacturer auto diesel tanks, oil tanks and exhaust systems

The partners aim to invest $515.4 million for additionalinfrastructure and redevelopment of the fields as they hope torecover about 22.8 million barrels of oil and 33.6 billioncubic feet of gas, ONGC said in a statement. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.

Full Story: India's ONGC to invest $206 mln in western fields - Reuters

Business Standard

Sensex near day's low; banks, oil & gas down Economic Times, India MUMBAI: Indian indices were close to their intra-day lows on Thursday as profit booking set in after the Reserve Bank of India cut interest rates. Weak opening of European markets hurt sentiments further. At 3 pm, Bombay Stock Exchange’s Sensex was at ... Mkts southbound: Banks, oil & gas, power, FMCG dip Moneycontrol.com Sensex down 166.42 pts; Ranbaxy dips over 9% Myiris.com Markets weak: Banks, oil & gas, power down 3-4% Moneycontrol.com Moneycontrol.com - Moneycontrol.com all 60 news articles

Manufacturer of Construction Equipment Oil Tanks India

Full Story: Sensex near day's low; banks, oil & gas down - Economic Times

WASHINGTON, March 4 (Reuters) - U.S. oil and natural gasproducing companies should not receive federal subsidies in theform of tax breaks because their businesses contribute toglobal warming, U.S. Treasury Secretary Timothy Geithner toldCongress on Wednesday.

Find great diesel tank manufacturers India.

It was one of the sharpest attacks yet on the oil and gasindustry by a top Obama administration official, reinforcingthe White House stance that new U.S. energy policy will focuson promoting renewable energy sources like wind and solar powerand rely less on traditional fossil fuels like oil as Americatackles climate change. "We don't believe it makes sense to significantly subsidizethe production and use of sources of energy (like oil and gas)that are dramatically going to add to our climate change(problem). We don't think that's good economic policy and wethink changing those incentives is good for the country,"Geithner told the Senate Finance Committee at a hearing on theWhite House's proposed budget for the 2010 spending year.

Full Story: US Treasury secretary attacks oil, gas tax breaks - Reuters UK

Good oil and gas properties may be available in 6 mnths: RIL Economic Times, India 4 Mar 2009, 1926 hrs IST, PTI NEW DELHI: Reliance Industries on Wednesday said good oil and gas properties are likely to be available for acquisition globally in six months, providing Indian firms with deep pockets excellent opportunity to consolidate ... * Oil services costs falling more slowly than crude prices guardian.co.uk NELP VIII may not find many foreign takers: RIL Moneycontrol.com NELP VIII unlikely to draw much foreign interest: RIL Myiris.com Economic Times all 16 news articles

Manufacturer of oil tanks India India.

Full Story: Good oil and gas properties may be available in 6 mnths: RIL - Economic Times

NEW DELHI: Predicting that oil price volatility is likely to persist during 2009, consultant Ernst & Young has stated that the economic slowdown around the globe will impact investment in the oil and gas sector.

Info for oil tanks manufacturers India.

In a report on ‘Oil and Gas Outlook 2009,’ the consultant has further stated that the price volatility could result in greater misalignment in asset valuations between buyers and sellers, which could continue to impact mergers and acquisition (M&As) activity through 2009. Although the global economic downturn may lead to a slowdown in oil and gas activity in the next 12 months, long-term fundamentals for the sector remain positive, it adds. Ernst & Young has stated that there are signs that some oil and gas companies are scaling back capital investment plans for 2009. In addition, there have been delays on the final investment decision in some projects. ``Fewer new projects will be sanctioned at oil prices below $50 a barrel. Some oil and gas companies are also re-tendering work on large-scale projects in anticipation of easing equipment and service costs. Marginal projects in mature areas will be among the first casualties of any slowdown in exploration and production spending by oil companies,” it has stated.

Full Story: Slowdown may impact investment in oil, gas sector - Hindu

The proposal to merge Reliance Industries Ltd (RIL) and Reliance Petroleum Ltd (RPL) has caught stock market analysts off-guard, with brokers and fund managers grappling with the likely reasons and consequences. However, if one digs deeper into the models of top oil and gas exploration companies, a larger plan emerges.

Manufacturer of oil tanks India.

According to a section of analysts, the amalgamation of RPL with RIL is the first step by Mukesh Ambani towards a major asset re-structuring exercise, drawing a clear distinction between the group’s refining and non-refining assets. To understand this, it is necessary to look at the different segments where Reliance has a major influence.

Full Story: Huge cash needs for exploration behind merger move: Analysts - Business Standard

The markets are still trading weak. The Nifty continues to trade below 2700 mark. Except auto, all other sectoral indices are trading negative. The BSE Bankex is worst hit; it is down over 3%. Selling pressure is also seen in IT, metal, oil & gas, FMCG, power and capital goods stocks.

three wheeler fuel tanks

Reliance, Infosys, ITC, Bharti Airtel and ICICI Bank are major draggers to the Sensex . The BSE midcap and smallcap indices have lost half a percent from its previous close. Markets breadth was negative, about 1120 shares have advanced, 1736 shares declined, and 188 shares are unchanged.

Full Story: Mkts southbound; Bank, IT, metal, oil & gas plunge - Moneycontrol.com

NEW DELHI: With global economic slowdown and recession taking a toll on investments in the oil and gas industry the world over, India has decided to exercise caution and would now trim the offer of oil and blocks under NELP VIII likely to be launched by April.

diesel tanks manufacturers

Earlier, the Petroleum and Natural Gas Ministry had announced that it would put on auction India’s biggest number of oil and gas blocks, totalling around 100 in NELP VIII. But the developments in the world economy, especially the decline in prices of crude oil in the international market, have made things a bit difficult forcing the Ministry to re-think its plans. “The next round of oil and gas exploration blocks for auction would be announced by mid-April. An exercise to assess the impact of the slowdown is being undertaken and it would not be appropriate to give an assessment at this point of time. But there is a feeling that in view of the market conditions, we should not go all out and test waters before taking the final plunge,” Petroleum Secretary R. S. Pandey said.

Full Story: NELP VIII to offer less blocks - Hindu

On the outskirts of Azerbaijan's BP Shah Deniz gas terminal, security guards are on duty around the clock.

Mahindra trucks diesel tanks

They patrol the 15km (9 mile) fence as a damp drizzle falls across the warren of gas pipes and oil platforms behind it. Green and yellow flags flap violently in the wind. You can see why every effort is made to protect the terminal - this is where most of Azerbaijan's energy wealth is secured.

Full Story: The Shah Deniz gas terminal could see a huge increase in activity - BBC News