August 2009 Archives

Times Online

India has 'good climate' to foster oil & gas sector: PM Press Trust of India "I invite investors from all over the world (to invest in the oil and gas sector) ...The investment climate is positive. We are committed to facilitating ... India has excellent investment climate: PMEconomic Times Cairn India starts oil output from Rajasthan blockReuters India Prime Minister dedicates Mangla Oil Field to NationPress Information Bureau (press release) Hindu Business Line -BBC News -Bloomberg all 139 news articles »

Manufacturer of Diesel Tanks India.

Full Story: India has 'good climate' to foster oi... - Press Trust of India

Indian Express

ADAG blames oilmin for poor investment in oil & gas Economic Times ... it for its failure to attract top global players for oil and gas exploration and production due to lack of sanctity attached to concluded contracts. ... OilMin biased, inefficient: ADAGBusiness Standard NELP failures due to Petroleum Ministry's partisan policies: RNRLIndia Infoline.com RNRL fires fresh salvo, trains guns on NELPEconomic Times Economic Times -Economic Times all 301 news articles »

More on Hydraulic Cone Crusher India

Full Story: ADAG blames oilmin for poor investmen... - Economic Times

Thaindian.com

Sensex ends below 15000; Oil & Gas, metals drag Economic Times MUMBAI: Indian equities ended in the red on Wednesday led by losses in oil and metal stocks. The recovery was short-lived as negative European markets kept ... Metals, oil & gas slide in weak marketsNDTV.com Sensex down over 100 pts; oil & gas, metals, tech downMoneycontrol.com Sensex ends below 15000; oil & gas, metals, tech downStock Market Today Business Standard -Moneycontrol.com -Moneycontrol.com all 335 news articles »

three wheeler fuel tanks

Full Story: Sensex ends below 15000; Oil & Gas, metals drag - Economic Times

HYDERABAD: The stage is being set for the State government to enter into oil and gas exploration and production (E&P) business.

Hydraulic Cone Crusher :http://www.shaktimining.com/hydraulic-cone-crusher.html

Clearing the decks for floating a new corporation on the lines of the Gujarat State Petroleum Corporation from its side, the AP Industrial Infrastructure Corporation on Tuesday formally decided to enter into a joint venture agreement with the AP Genco. The APIIC board which met here approved the new initiative with equity sharing of 51 and 49 per cent respectively between the two State-owned entities.

Full Story: Government to enter into oil and gas (E&P) business - Hindu

Two of India’s oldest oil and gas finds, Panna-Mukta-Tapti (PMT) and Ravva are facing the threat of reserve depletion.

Manufacturer of Skiploader Oil Tank

A consortium of British Gas (BG), Oil and Natural Gas Corporation (ONGC) and Reliance Industries (RIL), which controls the PMT fields off the west coast, is spending about Rs 2,500 crore for reviving the reserve in this fiscal, while new wells are being drilled at the Cairn-operated Ravva field (off the Andhra coast) for small-sized additional discoveries. The Tapti field has witnessed “natural decline in the production profile” during the first quarter ended June 2009. Gas production fell 26 per cent compared to the corresponding quarter last year and condensate output has dropped 34 per cent at Tapti, according to data from RIL. Panna-Mukta had first faced a decline in October-December 2008 and later enhanced production by drilling new wells, but the threat of a further decline remains, said an official with the petroleum ministry.

Full Story: Reserves deplete at PMT, Ravva fields - Business Standard

Stock Watch

Govt for mutually acceptable solution on RIL-NTPC case Economic Times A PSC is a legal agreement signed between the government and oil companies that determines rights and obligations of both sides after oil and gas is ... RIL open to CAG audit on gas field expensesBusiness Standard RIL-NTPC row gathers steam?NDTV.com Reliance open to gas cost auditCalcutta Telegraph Moneycontrol.com -Organiser -Economic Times all 45 news articles »

More info : Truck mounted crane

Full Story: Govt for mutually acceptable solution on RIL-NTPC case - Economic Times

cracked further and was inching towards the 4,400 mark. The Sensex was down over 629 points led by downfall across the globe, which was started by Shanghai, which lost 5.8% at close. European markets and US index futures fell nearly 2% each.

Information about auto components

The BSE Realty Index was the biggest underperformer, down 7% followed by Metal, which fell 5.6%. Among the others, Auto, Oil & Gas, Bank and FMCG indices fell 3.5-4%. Capital Goods, TECk, Healthcare, IT and Power indices fell 2-3%. In the midcap space , Phoenix Mills, Indraprastha Gas, HDIL, United Phosphorous and Lanco Infratech slipped 7-9%.

Full Story: Nifty slips below 4400; realty, metal, oil & gas down 4-7% - Moneycontrol.com

Share prices of Oil exploration companies have posted smart gains so far this year as crude oil prices have shot to its highest level recently on August 5. Oil prices have been spiralling northwards on the back of hopes of a early global economic recovery and higher demand. Brent crude oil rose 21 cents to settle at $72.41 a barrel on the ICE on Friday.

Truck Mounted Crane India : http://www.shaktimining.com/truck-mounted-crane-india.html

The crude oil prices are currently trading near its highest level this year. The BSE Oil & Gas index has somewhat underperformed with respect to the oil traded on Intercontinental Exchange (ICE), as it has zoomed only 63% to 9,869, today from its last year's close of 6,050. However, crude oil price jumped over 93% from the last December's close of $37.9, a more than 30% increase in comparison to the BSE Oil & Gas index. The BSE Oil & Gas index surged over 74% when it achieved its calender-year high on June 10. Crude Oil price posted a significant two-fold increase or nearly 98% rise recently at $74.96 on August 5. India's largest state-run oil exploration firm by sales ONGC witnessed a steep spike of over 84% to Rs 1,229 - its life-time high on August 14 - as against Rs 667 on December 31, 2008.

Full Story: Oil exploration cos track crude, trade near year highs - Business Standard

After a four-month delay, India on Saturday relaunched the first roadshow of the eighth bid round of the New Exploration Licensing Policy (NELP-VIII), looking to attract $3-4 billion investment.

Oil Tanks manufacturing facility, India.

There are 70 oil and gas blocks on offer under NELP-VIII and 10 blocks are up for grabs under the Coal Bed Methane (CBM-IV). The petroleum ministry in the next few days will meet the oil companies in Houston, London, Calgary and Perth where data centres have been opened. "We are confident that there will be a good response we have got everything in place," said R S Pandey, secretary, Ministry of Petroleum & Natural Gas.

Full Story: Govt kick-starts auction of oil, gas blocks under NELP-VIII - NDTV.com

NEW YORK -(Dow Jones)- The number of rigs drilling for natural gas in the U.S.rose slightly this week as producers continued to increase drilling activity inthe hope of an economic recovery that could drive up energy demand.

More on Pick and Carry Crane here.

The number of oil and gas rigs climbed to 968, up two from the previous week,according to rig data from oil-field services company Baker Hughes Inc. (BHI).The number of gas rigs was 688, an increase of seven rigs from last week, whilethe oil rig count slipped to 272, a decrease of five rigs. The number ofmiscellaneous rigs was unchanged at eight.

Full Story: Baker Hughes: US Oil, Gas Rig Count Up 2 To 968 This Week - CNNMoney.com

LONDON, Aug 14 (Reuters) - ICE gas oil futures fell belowthe 14-day moving average for the first time in one month onFriday due to a seasonal dip in demand between the summerdriving and winter heating seasons.

oem diesel tanks

ICE GAS OIL FUTURES * ICE gas oil LGOc1 fell below the 14-day moving averagefor the first time since July 17, according to Reuters data. * The fall in gas oil prices surpassed that of crude oil andits crack to Brent futures narrowed to $6.11 a barrel from $7.94at Thursday's close.

Full Story: Europe Distillates/Fuel Oil-ICE gas oil falls below key support - Reuters India

The key benchmark indices were flat in choppy afternoon trade. Weak Chinese stocks and concerns over poor monsoon triggered profit taking after Thursday’s steep rally.

More on : Mobile Crane Manufacturer

The BSE 30-share Sensex was down 27 points at 15,491. Oil & gas and power stocks rose while IT, banking and airline counters fell. The market breadth, indicating the overall health of the market, was positive. India's largest private sector firm by market capitalisation and oil refiner Reliance Industries (RIL) rose 0.21% to Rs 2027.70.

Full Story: Oil & gas stocks up in volatile market - NDTV.com

Iraq , a former OPEC member and a net exporter of oil, is calling for investors for a second round of oil exploration bidding this month.

mahindra diesel tanks

Experts say instead of buying oil assets, many foreign companies may play safe by buying a stake in an oil-producing asset instead of taking the risk of exploration. Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Full Story: Oil & Gas auctions in other countries may affect NELP - Moneycontrol.com

Nelp-VIII offer at odds with PSC on sell play Economic Times While the production sharing contract (the legal document that binds companies for the exploration and production of oil and gas) of Nelp-VIII now ... Government mulls common pool price for gas salesHindustan Times all 5 news articles »

More on Rock Crusher India

Full Story: Nelp-VIII offer at odds with PSC on sell play - Economic Times

Hyderabad: After being at loggerheads with Reliance Industries Ltd (RIL) over the state's share in the gas produced at the Krishna Godavari basin, the Andhra Pradesh government is back to square one on its oil and gas strategy. It is currently looking to understand the nitty-gritty of the gas activity straight from the horse's mouth.

Mahindra lcv diesel tanks

The Director General of Hydrocarbons (DGH) is expected to make a presentation to chief minister Y S Rajasekhara Reddy and his executive colleagues on Tuesday to make the state government understand the way the oil and gas sector operates. Ernst & Young, the advisor to the centre on oil and gas, is also likely to dispatch its officials to participate in the presentation. According to sources in the state government, there is confusion over various issues involving oil and gas and the state's role. The state has been demanding a share in the gas produced at D6 field of RIL in the KG basin. Its demand has been to force RIL to supply gas first to meet the entire requirement in the state before evacuating it to other parts of the country.

Full Story: AP invites DGH over to learn gas biz - Daily News & Analysis

Gasoline prices near their peak Summer price spike is below normal due to weak economy, but markets and storms could change the forecast.

Mobile Crane india : Mobile Crane india

Prices at the pump can vary widely among states, due in large part to vastly different levels of gasoline tax. Take a peek at the heaps (no offense) these 6 turned in -- or tried to turn in -- to get their Cash for Clunkers deal.

Full Story: Gasoline prices near their peak - CNNMoney.com

COLUMBUS, Ohio (AP) - Power provider Dynegy will sell eight plants plus another under development for about $1 billion in cash and $500 million in stock as the company attempts to bolster its finances and cut near-term debt.

Information about auto components

Other stories: HOUSTON (AP) - Independent crude oil and natural gas producer Carrizo Oil & Gas Inc. posted a second-quarter loss driven by hefty one-time charges and significantly lower realized oil and natural gas prices amid a recession that has beaten down energy demand. SAN DIEGO (AP) - Cytori Therapeutics Inc., which makes products used in adult stem cell harvesting and research, reported a narrower loss for the second quarter of the year on a boost in development revenue.

Full Story: Earnings roundup: Dynegy, Carrizo Oil & Gas - Forbes

Assam Gas Leakage from Oil Well Times Now.tv On previous occasions, huge fires have broken out in oil wells of Upper Assam when either oil or gas leaks out from wells and pipelines. ... Gas leak from OIL's pipeline in AssamIndopia all 5 news articles »

More on Hydraulic Cone Crusher India

Full Story: Assam Gas Leakage from Oil Well - Times Now.tv

Yang Jianjun is a Beijing resident living near the northern end of the city's Fifth Ring Road. He recently paid 410 yuan to buy 200 cu m of natural gas at one time after hearing that the government might raise the price of the fuel.

Manufacturer of oil tanks India.

"I need to buy more in case there is a sudden price hike," Yang said. "Prices of everything have gone up sharply this year for things like houses, water and gasoline." Reform of the natural gas pricing mechanism has been on the agenda of the central government for a long time. On Aug 3, China's top economic planning body, the National Development and Reform Commission (NDRC), said that it would implement additional reforms to pricing systems for some natural resources products.

Full Story: Natural gas price hikes on the way - China Daily

NEW YORK -(Dow Jones)- The number of rigs drilling for oil and natural gas inthe U.S. rose this week as producers ramped up drilling activity in the hope ofan economic rebound that could boost energy demand.

Hydraulic Cone Crusher :http://www.shaktimining.com/hydraulic-cone-crusher.html

The number of oil and gas rigs climbed to 966, up 18 from the previous week,according to rig data from oil-field services company Baker Hughes Inc. (BHI).The number of gas rigs was 681, an increase of four rigs from last week, whilethe oil rig count rose to 277, an increase of 16 rigs. The number ofmiscellaneous rigs fell by two, to eight rigs.

Full Story: Baker Hughes: US Oil, Gas Rig Count Up 18 To 966 This Week - CNNMoney.com

Kissed again! This time not by some Hollywood celebrity but a temple priest. It seems controversy is Ms Shetty’s middle name.

oem diesel tanks

This site is best viewed with Internet Explorer 6.0 or higher, or Firefox 2.0 or higher, at a minimum screen resolution of 1024x768. The government on Saturday said the ongoing corporate dispute between the Ambani brothers over Andhra offshore gas will not impact India's acreage auctions.

Full Story: No impact of gas dispute on 8th acreage auction: Govt - Times of India

MUMBAI: The Government said on Saturday oil and gas explorers are bound by the production sharing contract (PSC) which gives it the right to approve a gas price formula and decide on utilisation of the fuel.

Track Mounted Cone Crusher Manufacturer website and info.

The PSCs signed for the blocks that have been awarded in seven bid rounds since 1999 provide for government approving a gas sales formula and sale of the fuel according to the gas utilisation policy of the Government. “The PSC provides for gas sales on arms-length basis, but there is another provision that it has to be approved by the Government prior to the sales,” Mr Pandey said at the first road show for the NELP VIII.

Full Story: Oil, gas explorers bound by PSC, says Govt - Hindu Business Line

The Government is reportedly planning to change the terms of pricing and sale of crude oil and natural gas for new exploration blocks that are being offered to bidders. The proposal is said to give the Government equal rights along with the winning bidder to set gas prices. This will also put the government in a position to decide the customers and amount of gas they can buy, report stated. The Government will also decide who gets to buy the gas and how much, says a business daily.

Exporter of Hookloader Oil Tank

Existing production sharing contracts (PSC) allow the operators of oil and gas fields the freedom to set the price, subject to approval by the Government. They are also allowed freedom to market the output. The proposed new rules are being planned in the backdrop of the raging dispute between the estranged Ambani brothers and the Government over the sharing and pricing of natural gas being produced from the Krishna-Godavari basin.

Full Story: Govt may change terms of oil, gas pricing: report - India Infoline.com

Nifty bounced back and recovered over 55 points while the Sensex recovered over 175 points from the day's low. But the consolidation continued in the markets.

For more information about crushers : Cone Crusher India

Oil & gas, realty, pharma, capital goods, banking, select technology and metal stocks along with ICICI Bank were witnessing buying interest. One percent rise in European markets supported our equity benchmarks. However, selling continued in auto, FMCG stocks along with Infosys, Sterlite, Ambuja Cements, Hindalco and Tata Power.

Full Story: Sensex bounces back led by oil & gas, realty, cap goods - Moneycontrol.com

The ongoing saga between Reliance Industries (RIL) and Reliance Natural Resources (RNRL) over gas pricing has got the government fully wrought.

Manufacturer auto fuel tanks

RNRL wants the gas at a privately agreed 44 per cent discount to the government set price and has previously suggested that the government is siding with Mukesh Ambani's firm in the dispute, by claiming ownership to the gas and shooting down any private price-deal. In another salvo, the Oil Minister on Thursday said that the price of natural gas marketed by Reliance is way cheaper than the prevailing price of gas produced by other private companies.

Full Story: What next for RIL-RNRL gas war? - NDTV.com

Oil and Natural Gas Corporation (ONGC) is set to drill for oil and natural gas from the Kerala-Konkan basin.

For more information about cone crusher : Track Mounted Cone Crusher

ONGC CMD R S Sharma will formally announce the drilling at Kochi on a pilot basis tomorrow. He and senior directors of the company, including DK Pande, will arrive here tomorrow and inspect the KKC4-A well. This, experts say, will be a major leap for oil and gas exploration in the country. Sources said the basin might be an abundant source of oil and natural gas that might change the economy of south Indian states, particularly Kerala. ONGC started exploration in the region around two years ago. It was in December 2008 that presence of hydrocarbons in the area became clear and the corporation started serious discovery efforts.

Full Story: ONGC to begin drilling off Kochi today - Business Standard

Law makers too talk about Ambani row Economic Times The issue of whether oil and gas exploration and production company Hardy Oil and Gas's announcement of natural gas reserves in the KG basin blocks was ... and more »

Oil Tanks manufacturing facility, India.

Full Story: Law makers too talk about Ambani row - Economic Times

HOUSTON (Dow Jones)--Dogged by an unrelenting slump in demand for fuel products and natural gas, Chevron Corp. (CVX) posted its lowest quarterly profit in six years. But a recent string of successes in bringing new oil and gas production on line has softened the blow.

More info : Truck mounted crane

The San Ramon, Calif., company's earnings dropped 71%, missing expectations and underscoring how major U.S. oil companies, which boasted some of the largest profits in corporate history during the recent boom, haven't been spared by the recession. Email Newsletters and Alerts The latest news and analysis delivered to your in-box. Check the boxes below to sign up.

Full Story: Chevron 2Q Profit Plunges 71% On Weak Demand - Wall Street Journal

Sify

Sensex on firm foot; banks, oil & gas up Economic Times MUMBAI: Indian markets continued upward movement on Friday taking cues from the positive global markets. Buying was seen across the board led by gains in ... Sensex gains strength; all sectoral indices in greenMoneycontrol.com Sensex at 2009 high, rallies 282ptsBusiness Standard Sensex up 326 pts as bulls call the shots @ 12:50 hrsSify Myiris.com -Myiris.com -Myiris.com all 558 news articles »

diesel truck tanks

Full Story: Sensex on firm foot; banks, oil & gas up - Economic Times