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Saturday, November 21, 2009 11:20 PM

British Thermal Unit

Type: Keyphrase
Name: British Thermal Unit
description: Unit of heat energy equal to the amount of heat required to raise the temperature of one pound of water by one degree Fahrenheit at sea level.
First Reported 11/20/2009 - Updated 11/20/2009 - 1 Documents (in Energy)
Oil ministry has sought comments from concerned ministries on its proposal to hike the price of natural gas produced by ONGC and Oil India by 30%.'Inter-ministerial consultations are on,' Oil Secretary R S Pandey told reporters here.The Ministry has circulated ... [Moneycontrol.com - 11/20/2009]
First Reported 11/16/2009 - Updated 11/16/2009 - 2 Documents
The ministry has moved a Cabinet note to raise the price to $2.4 per million British thermal unit from $1.8 now, financial dailies The Economic Times and Business Standard reported citing unnamed sources. ... [Upstreamonline.com - 11/16/2009]
First Reported 11/14/2009 - Updated 11/14/2009 - 2 Documents
Mumbai: India's petroleum ministry has proposed raising the price of natural gas produced by state-run firms such as Oil and Natural Gas Corp and Oil India by more than 30%, newspapers said on Saturday.The ministry has moved a cabinet note to raise the ... [DNA India - 11/14/2009]
First Reported 11/14/2009 - Updated 11/14/2009 - 1 Documents
Auto sales climb at fastest pace in two years to hit 34% in OctoberImage Credit: Gulf NewsMumbai: With foreigners pouring more money into Indian shares on the back of clearer signs an economic recovery is on track, the market looks set to shrug off year-end ... [Gulf News - 11/14/2009]
First Reported 11/15/2009 - Updated 11/15/2009 - 1 Documents (in Energy)
SEOUL, Nov 15 (Reuters) - South Korea's imports of liquefied natural gas (LNG) climbed in October on a year-on-year basis, helped by demand from local utilities, after falling for the past nine months through September, customs data showed on Sunday.South ... [Reuters Africa - 11/15/2009]
First Reported 11/15/2009 - Updated 11/15/2009 - 1 Documents
Reliance Industries Ltd - Click to view image in its original context
Reliance Industries Ltd
The Petroleum Ministry has proposed a 33 per cent hike in the price of natural gas produced by ONGC [ Get Quote ] and Oil India [ Images ] and gradually increase it to $4.20 per mmBtu set for gas from Reliance Industries' [ Get Quote ] KG-D6 fields.The ... [rediff.com - 11/15/2009]
First Reported 11/18/2009 - Updated 11/18/2009 - 1 Documents
The gas dispute in the Supreme Court between the two Ambani brothers is heading for its last chapter as the government counsel is close to wrapping up arguments. But the case is far from over. Thursday would be the last day for the government to wrap ... [NDTV Profit - 11/18/2009]
First Reported 11/04/2009 - Updated 11/04/2009 - 3 Documents
NEW DELHI: The Supreme Court on Wednesday adjourned the hearing on the Ambani brothers gas dispute as one of the judges' daughter was working for the legal firm advising RIL. Justice R V Raveendran recused himself from the bench hearing the dispute. The ... [Economictimes - 11/04/2009]
First Reported 10/22/2009 - Updated 10/23/2009 - 3 Documents (in Energy)
Led by Finance Minister of India, a 7 member Empowered Group of Ministers is to meet to determine allocation of natural gas produced by RIL to users in power, petrochemical and refinery sectors. About 100 mmscmd gas is being demanded by power plants, ... [Plastemart.com - 10/23/2009]
First Reported 10/28/2009 - Updated 10/28/2009 - 2 Documents
KARACHI: President, Karachi Chamber of Commerce & Industry, Abdul Majid Haji Muhammad while expressing his deep concerns on increase in gas tariffs, said that the 26 percent proposed increase would cause commotion within trade & industry as well as the ... [Daily Times - 10/28/2009]
First Reported 10/28/2009 - Updated 10/28/2009 - 1 Documents
So far for this quarter, we've heard pretty positive things from Newfield Exploration (NYSE: NFX) and Range Resources (NYSE: RRC). Today, let's check in on fellow Marcellus shale player Cabot Oil & Gas (NYSE: COG).Cabot, as those who follow Marcellus ... [Motley Fool via MSN Money - 10/28/2009]
First Reported 10/30/2009 - Updated 10/30/2009 - 1 Documents (in Internet & IT)
New Delhi: The Supreme Court on Thursday while hearing the gas dispute between the estranged Ambani brothers, quizzed the Mukesh Ambani-controlled Reliance Industies Ltd (RIL) counsel, Harish Salve, that would the country not gain if the natural gas is ... [Livemint.com - 10/30/2009]

Quotes

...(CNPC) and China National Offshore Oil Corp. (CNOOC), in the LNG business. "An agreement with Exxon Mobil allows Sinopec to get approval from the National Development and Reform Commission (NDRC) to start construction on the Qingdao terminal" the analyst said. Over the last few years, CNPC and CNOOC have secured several LNG supply agreements...
...205 per million British thermal unit at the ensuing meeting of EGoM. "RIL should be directed to immediately put a stop to this illegitimate levy of marketing margin from all customers of KG Basin gas and refund the marketing margin wrongfully collected so far" Reliance Infra CEO Lalit Jalan said in his letter
...Pandey said the EGoM has been constituted with the mandate to allocate gas to users and pricing of gas was not included in its terms of reference. "The previous EGoM had fixed the price of gas (at $4.205 per million British thermal unit) for five years and so that continues" he said. The previous EGoM, which ceased to exit with General Elections in May this year, had allocated the first 40 mmscmd of gas from KG-D6 to fertiliser...

More Content

All (124) | News (116) | Reports (0) | Blogs (6) | Audio/Video (0) | Fact Sheets (2)
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OilMin invites comments on proposal to hike nat... [Moneycontrol.com - 11/20/2009]
Govt a party to conspiracy with RIL: Jethmalani [The Hindu - 11/19/2009]
RIL-RNRL row: Govt to lose Rs 75K cr [NDTV Profit - 11/18/2009]
NTPC, GAIL spar on gas for Kerala project [Livemint.com - 11/16/2009]
India weighs up gas price rise [Upstreamonline.com - 11/16/2009]
PETROLEUM MIN PROPOSES 33% HIKE IN ONGC, OIL IN... [Zibb - 11/16/2009]
ONGC and OIL purposes hike gas price by 33pct [Steel Guru - 11/16/2009]
India moots gas price hike [Upstreamonline.com - 11/16/2009]
ONGC, OIL may hike gas price by 33% [rediff.com - 11/15/2009]
UPDATE 1-S.Korea Oct LNG, coal imports rise fro... [Reuters Africa - 11/15/2009]
India market set to shrug off year-end price ji... [Gulf News - 11/14/2009]
Government plans 30% hike in gas price [DNA India - 11/14/2009]
Petro min seeks 33% hike in oil price [Economictimes - 11/14/2009]
Govt plans 30 pct hike in gas price - papers [Yahoo! India - 11/14/2009]
Petro min seeks 33% hike in OIL, ONGC gas price [Economictimes - 11/13/2009]
Reliance Industries will lose if gas is sold to... [The Hindu - 11/13/2009]
Government making consultations on gas price hike [Topnews.in - 11/13/2009]
ANALYSIS-Nigeria LNG output hike may cap US win... [Forbes.com - 11/12/2009]
SAGE seeks Farsi gas [Upstreamonline.com - 11/11/2009]
RNRL blames Govt stand on gas dispute [The Hindu - 11/10/2009]
Penn West profit drops 99% [Upstreamonline.com - 11/05/2009]
Fresh hearing begins in Reliance case [The Hindu - 11/05/2009]
Sinopec to buy LNG from ExxonMobil unit [Interfax - 11/05/2009]
Ambani row: Judge withdraws from Bench [Economictimes - 11/04/2009]
SC judge withdraws from Bench hearing Ambani ga... [Economictimes - 11/04/2009]
SC adjourns hearing in Ambani gas row [Economictimes - 11/04/2009]
Gas tariff increase would kill industries in Pa... [Steel Guru - 11/04/2009]
El Paso Corporation Reports Strong Third Quarte... [Market Wire via MSN Money - 11/03/2009]
RIL says it signed gas contract, only NTPC did not [Individual.com - 11/03/2009]
RIL says it signed gas contract, only NTPC did ... [Zibb - 11/03/2009]
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Blogs

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Natural Gas Glut: Stop Me Before I Drill Again [WSJ.com: Environmental Capital - 07/23/2009]
Second-quarter earnings reporting season is in full swing – and the data points suggesting more natural gas supply is on its way just keeps coming. Superburschi/Flickr Uncovering ...
DrumBeat: July 21, 2009 [The Oil Drum - Discussions about Energy and Our ... - 07/21/2009]
Why China has its eye on Canada's oil patch It's being driven by two or three outlooks on behalf of the Chinese. The first, and most obvious, is energy security. ...
U.S. Energy Usage Dropped In 2008 But Ethanol U... [Scientific Blogging - 07/20/2009]
Americans used more solar, nuclear, biomass and wind energy in 2008 than they did in 2007, according to energy flow charts released by the Lawrence Livermore National ...
Daewoo-OVL consortium to invest $3.7 bn in Myanmar [Asian Energy - 07/14/2009]
ONGC Videsh (OVL) and GAIL India along with their South Korean partners Daewoo Corp and Korea Gas Corp (KOGAS) may invest $3.73 billion in bringing to production ...
Reliance Industries Shares Fall 7 pct On Gas Su... [VCCircle Feeds - 06/15/2009]
The Bombay High Court directed Reliance Industries to supply gas to a former group firm at about half the government-approved price, sending its shares sliding more ...
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