For the second time in a row, Gujarat Maritime Board (GMB) extended the global bid submission date for the proposed Ro-Ro ferry service in the Gulf of Cambay region. The board has reportedly extended the dates for Request for Qualification (RFQ) submissions because the bidders were not able to find the right mix of Ro-pax vess
Oil Minister S Jaipal Reddy said that India will launch its first-ever bid round for exploration of shale gas by December 2013. Six basins, namely Cambay, Assam-Arakan, Gondawana,KG onshore, Cauvery onshore and Indo Gangetic basins, have been identified that may have shale gas potential.
The US Department of State has undertaken the â€œGlobal Shale Gas Initiativeâ€ which represents nearly 20 countries, 10 US federal entities as well as state and local regulators to discuss and advance the importance of shale gas as a lower carbon fuel option.