GAIL headed to take a $850 million hit every year in its US business: Nightmare scenario envisages LNG price at below variable cost levels

It is now longer a question of whether GAIL is going to lose money on its 5.8 million tonnes of LNG capacity booked with US liquefaction terminals but how much money is it going to lose.
8The website projects that fixed charge of..http://goo.gl/WNluOb

Click on the following links for more on this story:   
GAIL headed to take a $850 million hit every year in its US business-II: Company's losses can go up further
GAIL headed to take a $850 million hit every year in its US business-III: Will the gas major default on its obligations?

Move to BS-VI by Kochi refinery: RFQs soon

BPCL's Kochi refinery is currently expanding its capacity from 9.5 MMTPA to 15.5 MMTPA. The expanded capacity will be able to handle..http://goo.gl/WNluOb

Click on the following links for more on this story:    

Move to BS-VI by Kochi refinery: New capacity configuration

ONGC-OIL's Mozambique nightmare: No takers in India for their LNG

The desperate search by the ONGC-BPCL-OIL combine to look for Indian buyers for LNG from its..http://goo.gl/WNluOb

Click on the following links for more on this story:    

ONGC-OIL's Mozambique nightmare: The combine faces a double whammy
ONGC-OIL's Mozambique nightmare: Liabilities may double to $10 billion
ONGC-OIL's Mozambique nightmare: Pradhan faces a Hobson's choice

GSPC debacle: Company quits all foreign blocks

Reeling under a debt burden brought about by unwieldy assets, Gujarat State Petroleum Corporation (GSPC) has decided to get out of all its overseas operations.
8The company has exited from..http://goo.gl/WNluOb

Click on the following links for more on this story:   
GSPC debacle: Shareholding pattern
GSPC debacle: Blame it on the bureaucrats rather than Modi

ONGC's $5 billion gamble in the KG Basin: Has it done its homework well?

The government has confined that ONGC will need a price of $6.57/mmbtu in 2019-20 to elicit a return of..http://goo.gl/WNluOb

Click on the following link for more on this story:   

ONGC's $5 billion gamble in the KG Basin: Cost economics can be questioned

Has E&P investment in India slowed down?

It is often argued that India's E&P industry, because of its complete dominance by the public sector, has remained immune to the volatility noticed in the global market.
8Global oil and gas investments have fallen by..http://goo.gl/WNluOb 

China may well stop importing LNG: Pipeline gas can fulfill domestic appetite

There is now a growing feeling that China's dependency on LNG will not just come down but may in fact simply not exist as its economy slows down and massive pipeline projects it is building to..http://goo.gl/WNluOb

Click on the following links for more on this story:  
China may well stop importing LNG: Sub $4/mmbtu may have implications for Indian E&P operators
China may well stop importing LNG: Indian market is too shallow to take on the load
China may well stop importing LNG: Pradhan needs to revamp the PPAC