Oil and Gas News - iData Insights - ReDiscovering Data | Research Reports, News, Events, Research o

Adani Group to invest $3.75 billion in Coal Gasification project in Chhattisgarh

August 25, 2015

Adani Enterprises, the flagship firm of Adani Group, has inked a pact with the Chhattisgarh government to invest over INR 25,000 crore for setting up urea and power project as well as rice bran oil extraction plant in the state. 
 

Oil Search eyeing acquisitions in Papua New Guinea

August 25, 2015

Oil Search Ltd said on Tuesday it is looking for acquisitions in Papua New Guinea, where it holds the bulk of its assets, but Managing Director Peter Botten said deals may take some time as buyer and seller expectations remain wide apart. 
 

GE cutting 262 more Lufkin Oil unit jobs in Texas

August 25, 2015

General Electric Co (N:GE) said on Monday it was cutting 262 more jobs at its Lufkin oil unit in Texas and closing a foundry as it grapples with the plunge in global oil prices.

See bounce bank in metals, banks, Oil & Gas: Astromoneyguru

August 25, 2015

As per Ajay Jain, CEO at astromoneyguru.com August 25, 2015 is represented by planet known as Ketu and year 2015 is represented by Saturn. 
 

Oil and Gas stocks slump on weak global crude oil prices; GAIL, ONGC hit 52-week lows

August 25, 2015

Shares of oil and gas companies witnessed selling pressure with some of them hitting 52-week lows after concerns over sluggish economic growth in China led to sell-off in global commodities. Further, Iran's plans to boost crude oil production in an effort to boost market share also dampened sentiment.

Realty, Oil and Gas sink the most in global sell-off

August 25, 2015

Realty and oil and gas have been hit most by the Chinese market fall. The realty index lost 10.93 per cent, and the oil and gas one 9.2 per cent.

Oil and Gas listings on job websites fell by half after industry cutbacks

August 24, 2015

Big Oil companies aren’t just slashing jobs. They’ve slowed down on hiring, too, a move that’s likely to leave a more lasting mark on the industry.

Sightline Institute says derailing Oil and Gas infrastructure is the first step towards clean energy

August 24, 2015

A Seattle think-tank says the energy industry’s weak spot is its infrastructure, which is an easy target for big name environmental organizations and small neighbourhood groups.

Oil and gas officials question net benefit of methane rule

August 24, 2015

Last week, the U.S. Environmental Protection Agency revealed plans to curb methane emissions from the nation’s oil and natural gas industry by 40-45 percent.

Fe Exclusive: No extension for Power, Oil & Gas tax holidays

August 24, 2015

The finance ministry will spell out the road map to phase out corporate tax exemptions and incentives in a fortnight, ruling out further extensions of the tax holidays for specific sectors such as power, oil & gas and infrastructure and the area-based tax waivers. The road map could also feature withdrawal of sops like weighted deduction of research expenses and a reduction in the marginal rate of tax for Indian branches of foreign companies from 40% at present to 35%, sources privy to the matter.

Lifting of sanctions on Iran to have a beneficial impact on Indian Economy: CII

August 21, 2015

The lifting of US-EU sanctions on Iran is likely to have a huge beneficial impact on India's economy especially its current account deficit and inflation situation, according to a recent CII analysis.

China’s fossil-fuel emissions lower than estimated: Harvard researchers

August 21, 2015

China’s fossil-fuel emissions are lower than than previously estimated, according to research led by academics at Harvard University.

Oil poised for longest weekly losing streak since 1986 amid glut

August 21, 2015

Oil headed for the longest run of weekly declines in almost three decades on signs the supply glut that drove prices to a six-year low will be prolonged.

China halts operations of 3 oil, gas facilities close to residences

August 21, 2015

Three Chinese energy firms were told by local authorities in China to halt operations, after massive blasts at a warehouse in Tianjin last week raised public concerns that some facilities storing hazardous materials are too close to homes and schools. 
 

Japanese Oil and Gas Interests Eye Opportunities in Iran

August 20, 2015

Japan and Iran will start negotiations on an investment accord once sanctions are lifted following last month's landmark international deal on Tehran's nuclear program, business daily Nikkei Asian Review reported on Wednesday, citing Japanese government sources.

Gas prices outpace cheap oil, but could fall soon

August 20, 2015

Oil prices rebounded Tuesday but remained near a 6 ½-year low, raising the prospect of dramatically cheaper gasoline after the summer driving season.

GSPC plans to sell stake in some hydrocarbon blocks

August 20, 2015

Gujarat State Petroleum Corp. Ltd (GSPC) plans to sell its stakes in some of its hydrocarbon blocks and may appoint SBI Capital Markets Ltd to find buyers.

UPDATE 1-Even losing $6/bbl, top Canada Oil sands project unlikely to close

August 20, 2015

Canada's largest synthetic crude project is not likely to shut down operations, its biggest owner said on Wednesday, even as a company presentation showed it is losing about $6 for every barrel it produces.

Record low interest in U.S. Gulf of Mexico leases amid Oil price slump

August 20, 2015

Aug 19 A U.S. government sale of oil and gas drilling leases in the western Gulf of Mexico attracted the lowest number of bids on record on Wednesday as slumping oil prices kept producers from plowing money into expensive offshore prospects.

ONGC identifies six projects to propel its next phase of growth

August 19, 2015

Oil and Natural Gas Corporation (ONGC), India’s biggest oil and gas explorer, has identified six projects over and above its flagship development project in the Krishna-Godavari (KG) basin to power the next phase of its growth.


Create Account



Log In Your Account