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RECOVERABLE RESERVES
Companies seek lifting of curbs on gas pipeline integrationIndian energy firms want the Petroleum and Natural Gas Regulatory Board to allow pipeline connections. This could free up nearly 10% of dom...- Balance sheet trick: Decoding another manipulation, and how to spot a bad apple in your portfolio before othersThere is one line in the accounts that most investors skip because it looks routine. But behind that line can sit disputed demands, old los...
- Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
- Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
- India's shock absorbers are not workingIndia's external sector faces unprecedented pressure. Shock absorbers that previously aided recovery have weakened simultaneously. This inc...
- Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
- Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
- Russia’s Rosneft field to commence production this yearOil India (OIL), Indian Oil (IOC) and Bharat Petroresources signed a preliminary agreement with Rosneft last month for a potential partners...
- BPCL eyes 10% in Kenya oil blockWhen contacted, BPCL chairman S Vardarajan told TOI, "It's very premature to talk on these. We are in talks with many firms with interests ...
- Oil and Natural Gas Corp's Mozambique gas field holds 50-70 trillion cubic feet of recoverable reserves: ReportONGC giant gas field in Mozambique holds 50 to 70 Tcf of recoverable reserves, 43% more than the minimum estimated resources, says a report.
- ONGC intensifies exploration in TripuraONGC has intensified exploration to create a recoverable reserve of gas for at least 15 years, a top official of the company said.
- ONGC intensifies exploration in TripuraThe Tripura unit of Oil and Natural Gas Corporation Limited (ONGC) has intensified exploration to create a recoverable reserve of gas for a...
- RIL discoveries approved without appraisal: CAGThe CAG has said Oil Ministry and DGH approved notification of now flagging gas discoveries in RIL's KG-D6 block block despite the co not d...
- Cairn says MBA oilfield reserves up 5 per centCairn in a filing to the stock exchanges said recoverable reserves in MBA fields are 905 million barrels of oil equivalent.
- Reliance Industries cuts KG-D6 gas field reserves by 70 pc to 3.10 Tcf: R P N SinghR P N Singh told the Lok Sabha that RIL had estimated 10.3 Tcf of recoverable reserves in the Dhirubhai-1 and 3 (D1&D3) gas field in the KG...
- India's recoverable crude oil reserve is estimated at 757.4 MTIndia's recoverable crude oil reserve has been estimated at 757.4 million tonne (MT) on Apr 1.
- Oil reserves: declining - but how fast?If some countries report total oil reserves discovered instead of oil still to be extracted, remaining global oil reserves could be much lo...
- Government to earn $2 bn as royalty from K-G basinThe royalty was calculated at a price of $4.2 per unit.
- Assam Asset of ONGC earmarks Rs 811 cr for capexONGC has earmarked a capital expenditure of Rs 811 crore in 2007-08 for its Assam Asset, marking an increase of 60 per cent compared to Rs ...
- OVL announces recoverage reserves in MyanmarONGC Videsh Ltd (OVL) and its partners in Blocks A-1 and A-3 in Myanmar offshore, have announced the recoverage reserves from three fields.
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