MODEC: Order Win in Mexico Is a Positive, Stock Rebounds 7% as MS Initiates with Buy
Modec Inc (6269 JP) has won an order for an FPSO in Mexico including a 15+5 year charter. The company was bidding against Bumi Armada (BAB MK) and...
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India: PSUs Will Always Be the Vehicle to Push Govt Agenda, Your Fault if You Thought Otherwise!
There is a flurry of analyst downgrades in the market on stocks of Government owned Oil Companies. Alas! it has come a bit too late. After the...
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India: Fuel Price Cut and Other Parties' Big Snub for Congress, BJP Now Getting Its Politics Right
It is on days like today that you need good news the most. The market is down more than 2% and when BSE SENSEX falls more than 800 points and NIFTY...
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India Rolls Back Auto Fuel Price Deregulation: Negative for GFD
The government announced a reduction of Rs2.5/l for both diesel and petrol effective immediately. The government will bear Rs1.5/l of the reduction...
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Global E&Ps: Energy Weekly Vol. 24
Oil PriceThe API reported a lower than expected build of 907 Kbbls of crude oil inventories for the week ending September 28, versus street...
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