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OIL to borrow $900 mn to refinance Mozambique stake loan

07-04-2014| Source:PTI

.Oil and Natural Gas Corp (ONGC) and Oil India (OIL), the nation's biggest state-run explorers, completed the USD 2.475 billion purchase of Videocon Industries' 10 percent stake in the Rovuma-1 field in the waters

OVL may raise USD 500-700 m to fund Mozambique acquisition

06-04-2014| Source:PTI

OVL, the overseas arm of the state explorer Oil and Natural Gas Corp (ONGC), teamed up with Oil India Ltd (OIL) to buy Videocon's 10 percent stake in Mozambique's Rovuma Area 1 for USD 2.475 billion.

Buy Natural gas on dips for intraday: Karvy

04-04-2014| Source:Moneycontrol.com

Karvy Commodities has come out with its report on energy. The research firm has changed its outlook for Natural Gas to buying and adviced traders to add long positions on dips today in its research

Oil Min seeks higher compensation for subsidies: Sources  

02-04-2014| Source:CNBC-TV18

The ministry has said that oil marketing companies (OMCs) are unable to absorb the Rs 6000 crore underrecoveries, but the FinMin is keen on the OMCs footing the bill.

Stocks in news: SpiceJet, Aurobindo, South Ind Bank, Axis

02-04-2014| Source:CNBC-TV18

?-Erroneous to count BP's USD 7.2 billion investment as cost recovery-BP paid consideration for 21 blocks, not for cost recovery-BP invested after gas production had started falling-How can there be collusion

Buy Crude oil; sell Natural gas: Karvy

01-04-2014| Source:Moneycontrol.com

Karvy Commodities has come out with its report on energy. The research firm has recommended to buy Crude oil and sell Natural gas for the day in its research report dated April 01, 2014.

Natural Gas: Dismal scenario continues, says CARE

31-03-2014| Source:Moneycontrol.com

India's natural gas sector is characterized by a supply deficit due to low domestic gas production and inadequate gas distribution infrastructure. Decline in gas production from most of the country

Buy ONGC; target of Rs 385: ICICIdirect.com

31-03-2014| Source:Moneycontrol.com

ICICIdirect.com is bullish on Oil and Natural Gas Corporation (ONGC) and has recommended to buy the stock in cash in the range of Rs 323-330 for the target price of Rs 385 with a stop loss of Rs 298

Gas price: New govt may relook Rangarajan formula

30-03-2014| Source:PTI

The Rangarajan formula that doubles natural gas prices may not be implemented in totality as the new government is likely to fix infirmities in the formulation before accepting it.

Top 8 firms add Rs 72,095 crore in m-cap; ONGC, SBI shine

30-03-2014| Source:PTI

In-line with a strong stock market, the combined market valuation of eight of the top-10 blue-chip companies surged Rs 72,095 crore last week, with ONGC, SBI and CIL emerging as the star performers.

BP, Niko seek arbitration over penalty for gas output drop

28-03-2014| Source:PTI

BP and Niko filed separate arbitration notices earlier this week, a move that will help them benefit from revised natural gas prices in the next financial year, sources privy to the development said.

Oil India best bet, says Mehraboon Irani  

27-03-2014| Source:CNBC-TV18

regulated by the government. One may like Oil and Natural Gas Corporation (ONGC), Oil India and Reliance Industries. I personally feel there is a great opportunity because ultimately the gas price

Buy nickel; sell gold & copper: Nirmal Bang  

27-03-2014| Source:CNBC-TV18

Watch the interview of Kunal Shah, Nirmal Bang Commodities with Ekta Batra & Reema Tendulkar on CNBC-TV18, in which he spoke about nickel, gold, natural gas and copper.

ONGC falls 2%, stock quotes ex-dividend today

27-03-2014| Source:Moneycontrol.com

State-run oil & gas major Oil and Natural Gas Corporation on March 24 have approved second interim dividend of Rs 4.25 per equity share of Rs 5 each for the financial year 2013-14.

Stocks in news: Reliance, Indian Hotels, FIEM, Talwalkars

27-03-2014| Source:CNBC-TV18

Here are stocks that are in news today:Oil ministry schedules crucial meet tomorrow on KG-D6 gas supply: Sources-Joint secretary (Refineries) PK Singh to discuss KG-D6 gas supply agreements

OilMin summons RIL, consumers for extension of gas sales

26-03-2014| Source:PTI

Sources said the ministry has called officials of RIL, Fertilizer Association of India, state gas utility GAIL and Association of Power Producers to discuss extension of Gas Sale and Purchase

Overweight on Tata Motors, Maruti, ICICI Bank: Axis Capital

26-03-2014| Source:CNBC-TV18

Poor track record of opinion polls, the recent market rally, and the fact that there are enough challenges facing a new government before it can spur growth, make a pre-poll portfolio positioning difficult, Nandan Chakraborty, Axis Capital said.

Stocks in news: Tata Steel, GSK Consumer, SJVN, Jet Airways

26-03-2014| Source:CNBC-TV18

Tata Steel | Cairn India | Petronet LNG | Gujarat Gas | KSK Energy | GSK Consumer | State Bank of Travancore | Unity Infraprojects | SJVN | Tilaknagar Industries | Jet Airways | Fortis Healthcare

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