Gujarat State Petroleum Corporation

Type: Company

Name: Gujarat State Petroleum Corporation

First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

The concerns of city gas distribution companies

Near-term prospects for city gas distribution firms—Gujarat Gas and Indraprastha Gas—don’t seem too brightPallavi PengondaLike Gujarat gas, IGL has also faced volume pressure in the March quarter. However, going forward, analysts have a favourable outlook ... [Published Livemint.com - Jun 17 2013]

Entities: Gujarat Gas Company Limited, Gas Distribution, Indraprastha Gas Ltd, Gujarat State Petroleum Corporation

First reported Jun 12 2013 - Updated Jun 13 2013 - 5 reports

BG Group sells over 65% stake in Gujarat Gas to GSPC

London-based BG Group has completed the sale of its 65.12 per cent stake in the country's largest private natural gas distributor Gujarat Gas Co., Ltd. (GGCL) for a consideration of approximately Rs 2,460 crore to Gujarat State Petroleum Corporation (GSPC). ... [Published Religare Securities - Jun 13 2013]

Entities: BG Group Plc, Gujarat Gas Company Limited, Gujarat State Petroleum Corporation, Competition Commission of India

First reported May 31 2013 - Updated May 31 2013 - 1 reports

GSPL rises after strong Q4 earnings

Gujarat State Petronet rose 3.11% to Rs 59.65 at 13:10 IST on BSE after net profit rose 24.92% to Rs 161.47 crore on 29.90% rise in net sales to Rs 358.96 crore in Q4 March 2013 over Q4 March 2012. The result was announced after trading hours on Thursday, ... [Published India Infoline - May 31 2013]

Entities: Gujarat State Petronet Ltd, Gujarat State Petroleum Corporation, Net Profit

First reported May 28 2013 - Updated May 28 2013 - 1 reports

Gujarat State Petronet jumps on bargain hunting

Gujarat State Petronet jumped 4.05% to Rs 60.35 at 13:21 IST on BSE on bargain hunting after the stock fell 7.42% in the preceding six trading sessions to Rs 58 on 27 May 2013, from a recent high of Rs 62.65 on 17 May 2013. Meanwhile, the S&P BSE Sensex ... [Published India Infoline - May 28 2013]

Entities: Gujarat State Petronet Ltd, Gujarat State Petroleum Corporation, Gas Transmission, Stocks

First reported May 20 2013 - Updated May 20 2013 - 2 reports

GSPC to spend Rs 2,000 crore on gas terminal at KG-Basin

Gujarat State Petroleum Corporation (GSPC), a Gujarat government-owned oil and natural gas entity, will be spending over Rs 2,000 crore on its proposed gas terminal at Mallavaram near Kakinada in East Godavari district of Andhra Pradesh.According to sources, ... [Published Smart Investor - May 20 2013]

Entities: Reliance Gas Corporation Limited, Gujarat State Petroleum Corporation, Engineers India Limited, Natural Gas, Coastal Zone

First reported Mar 21 2013 - Updated Mar 21 2013 - 1 reports

$20 billion Anglo-Indian trade deal signed to coincide with arrival of first UK minister to visit Gujarat since riots

One of the biggest Anglo-Indian trade deals was signed yesterday in Gujarat to coincide with the first visit by a UK minister to the state since religious riots killed hundreds in 2002. Foreign Office Minister Hugo Swire led a British Gas (BG) Group trade ... [Published The Independent - Mar 21 2013]

Entities: United Kingdom, BG Group Plc, Liquefied Natural Gas, Hugo Swire

First reported Mar 21 2013 - Updated Mar 21 2013 - 1 reports

BG Group Plc

British companies win energy contracts worth $20.2bn

Britain 's success in exporting energy-related skills continues, as BG Group signs a $20bn (£13.2bn) gas deal in India and oil services company Wood Group wins eleven contracts in Africa valued at $240m. BG, which is developing a significant liquefied ... [Published Energy and energy security - Mar 21 2013]

Entities: BG Group Plc, John Wood Group plc, Liquefied Natural Gas, Chris Finlayson

First reported Jan 07 2013 - Updated Jan 08 2013 - 2 reports

Gujarat State Petronet books 1 MTPA natural gas re-gassification capacity with Petronet LNG

Ahmedabad: Gujarat State Petronet Ltd said that the Company has booked a capacity of 1 Million Tonne Per Annum (MTPA) of natural gas re-gasification with Petronet LNG Limited (PLL) at its Dahej terminal, Gujarat for a period of 20 years starting from ... [Published Frontier India Strategic and Defence - News, An ... - Jan 08 2013]

Entities: Petronet LNG Ltd, Gujarat State Petronet Ltd, Natural Gas, Gujarat State Petroleum Corporation

Quotes

The company said in a statement that "The transaction was completed after BG Group and GSPC received the necessary approvals from the Reserve Bank of India and the Competition Commission of India.? BG Group said sale of its interest in GGCL was part of a broader rationalisation programme, aimed at refocusing the Group's portfolio on its core strengths of exploration and production and liquefied natural gas."

BG Group completes sale of 65.12% stake in Gujarat Gas to GSPC [Published Steel Guru - Jun 14 2013]

...BG Group’s stake in GGCL to GSPC, which is a part of a broader rationalization program aimed at shifting BG Group’s portfolio on its core strength. "The transaction was completed after BG Group and GSPC received the necessary approvals from the Reserve Bank of India and the Competition Commission of India (CCI)" the company said

BG Group sells over 65% stake in Gujarat Gas to GSPC [Published Religare Securities - Jun 13 2013]

"Non-OECD Asia consumed around 400 billion cu m/year in 2010 and is forecast to consume around 1,000 Bcm/year in 2035" he said, adding that China and India's import dependency is forecast to rise to 42% and 46% respectively by 2035

AOGC 2013: Storengy says underground gas storage to become reality in Asia [Published Platts - Jun 12 2013]

Commenting on the results, Mr. Ankur Gupta, CEO - Essar's Oilfield Services Business, said: "The Oilfields business has shown strong performance on all fronts - our assets are operating with the highest standards of safety and performance, leading to a substantial increase in revenue and profits. The business has been positively impacted by increased utilisation of Essar Wildcat rig at increased day rates and better deployment of land rigs, both in conventional Oil and Gas markets as well as the unconventional CBM (Coal Bed Methane) markets."

ESSAR OIL LIMITED : Essar Oilfields Services revenue up 44% to US$ 124.72 million (Rs. 678.35 cro ... [Published 4 Traders - May 27 2013]

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Two Oil India directors in fray among three for... [Published Indian Oil & Gas - Jun 17 2013]
The concerns of city gas distribution companies [Published Livemint.com - Jun 17 2013]
BG Group completes sale of 65.12% stake in Guja... [Published Steel Guru - Jun 14 2013]
BG Group sells over 65% stake in Gujarat Gas to... [Published Religare Securities - Jun 13 2013]
M&A Navigator: Deal pipeline - 12 June [Published PredictWallStreet - Jun 12 2013]
BG Group completes stake sale in Gujarat Gas to... [Published Hindu Business Line - Jun 12 2013]
BG raises $422m from sale of stake in Gujarat Gas [Published Telegraph - Jun 12 2013]
Sale of Gujarat Gas Co. stake completed [Published BG Group - Jun 12 2013]
BG GROUP PLC: Sale of Gujarat Gas Co. stake com... [Published 4 Traders - Jun 12 2013]
BG Group announce sale of Gujarat Gas Co. stake... [Published Oil Earth - Jun 12 2013]
Sale of Gujarat Gas Co. stake completed [Published MoneyAM - Jun 12 2013]
BG GROUP plc Sale of Gujarat Gas Co. stake comp... [Published ADVFN UK - Jun 12 2013]
AOGC 2013: Storengy says underground gas storag... [Published Platts - Jun 12 2013]
Two Oil India directors in fray among three for... [Published Firstpost.com - Jun 11 2013]
Petronet aims to double LNG capacity at Dahej [Published Livemint.com - Jun 07 2013]
New Market Research Report: Gujarat State Petro... [Published Live-PR.com - Jun 01 2013]
GSPL rises after strong Q4 earnings [Published India Infoline - May 31 2013]
Gujarat State Petronet jumps on bargain hunting [Published India Infoline - May 28 2013]
ESSAR OIL LIMITED : Essar Oilfields Services re... [Published 4 Traders - May 27 2013]
Punj Lloyd Limited: New Punj Lloyd Limited comp... [Published TransWorldNews - May 25 2013]
A production powerhouse [Published Hindu Business Line - May 24 2013]
GSPC to spend Rs 2,000 crore on gas terminal at... [Published Smart Investor - May 20 2013]
GSPC to spend Rs 2,000 crore on gas terminal at... [Published Business Standard India - May 20 2013]
$20 billion Anglo-Indian trade deal signed to c... [Published The Independent - Mar 21 2013]
British companies win energy contracts worth $2... [Published Energy and energy security - Mar 21 2013]
GAIL commissions Dabhol LNG terminal, plans 10 ... [Published Frontier India Strategic and Defence - News, An ... - Jan 10 2013]
Gujarat State Petronet books 1 MTPA natural gas... [Published Frontier India Strategic and Defence - News, An ... - Jan 08 2013]
Gujarat State Petroleum Corporation buys 2.25 M... [Published Frontier India Strategic and Defence - News, An ... - Jan 07 2013]
GSPC acquires controlling stake in Gujarat Gas ... [Published Topnews.in - Oct 04 2012]