The natural gas industry has enjoyed something of a winning streak in recent years. It found gigantic new reserves, low prices are encouraging utilities to substitute gas for coal, and cities are switching to buses fueled by natural gas.

Aubrey McClendon of Chesapeake Energy blamed

The natural gas industry has enjoyed something of a winning streak in recent years. It found gigantic new reserves, low prices are encouraging utilities to substitute gas for coal, and cities are switching to buses fueled by natural gas.

Aubrey McClendon of Chesapeake Energy blamed

The government will now look at allocating more natural gas from Reliance Industries Ltd

The baton for resolving petroleum subsidy woes has been handed

Aug. 26: The RIL surprised many by revealing last week that it had the capacity to produce 40 million metric standard cubic meters of gas per day from the Krishna-Godavari basin, but is only producing 37 to 38 mmscd now.
As such, the empowered group of ministers has allocated the 40 mmscd of gas to various sectors.

Aug 26: The allocation of gas from the Krishna-Godavari basin is slowly turning out to be an emotive issue for political parties and the people of the state.
A Congress leader from Nalgonda district, Mr G. Narayan Reddy, had first raised the demand that the state should be given the right to determine the allocation of gas.

Foreign Office spokesman Abdul Basit said that the US offer to assist Pakistan in the energy sector should not be associated with Pakistan-Iran gas pipeline project.

Few things seem to happen at speed in this sleepy Java town where rickshaws ply the streets. But this rural area of rice fields and teak forests is set to be transformed by Indonesia's biggest oil find in years.