State-owned gas utility GAIL India on Sunday said it has signed an agreement to buy 3.5 million tonnes a year of Liquefied Natural Gas LNG for 20 years from a US firm to meet India's growing energy
The traditional contango of the UK natural gas curve has smoothed out in recent weeks, with summer seasons now at parity and the winters either on a par or even dipping into backwardation. Tom Wooley investigates the trend and its likely impact on consumers.
Reliance Industries (RIL) and UK's BP today announced incorporation of India Gas Solutions, a 50:50 joint venture company for sourcing and marketing of natural gas in India.
The joint venture is part of the agreement reached in February where BP picked up 30% stake in 23 oil and gas blocks of RIL, including the showpiece KG-D6 gas fields.
Natural gas is a clean, cheap and efficient fossil fuel, giving India hopes of reducing its carbon intensity. But its shortage has left critical sectors in the lurch. Can India overcome the crisis?
Australia's Senate is set to pass laws on Tuesday putting a national price on carbon emissions, one of the country's most sweeping and divisive economic reforms that have been a decade in the makin
Australia's parliament passed landmark laws to impose a price on carbon emissions on Tuesday in one of the biggest economic reforms in a decade, giving new impetus to December's global climate talk
89 plants with total capacity of 40,000 mw don’t have stocks even for four days
Average coal stocks at India’s thermal power plants have dipped below “critical” level, or are enough to last less than a week, against the norm of 22 days, mounting more pressure on electricity generating companies as they cannot afford to build stocks with imports because of low tariffs.
A working group on petroleum & natural gas sector for the 12th Fiver Year Plan (2012-17) has been constituted by the Planning Commission with participants from different departments of Government of India, energy experts and concerned public & private sector oil companies.
The Union Ministry of Environment and Forests has sanctioned the proposal of Petronet LNG Limited (PLL) to enhance the re-gasification capacity of its LNG project at Puthuvype in Kochi from 2.5 MMT
Natural gas and imported liquefied natural gas could soon become cheaper if Prime Minister Manmohan Singh’s plea to states to lower taxes on them is accepted.
