The country’s natural gas output has fallen for the 17th straight month in April by 11.3 per cent year-on-year. Crude oil production, too, dipped 1.3 per cent.
Tag: natural gas
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Gas, crude oil output dip
The country’s natural gas output has fallen for the 17th straight month in April by 11.3 per cent year-on-year. Crude oil production, too, dipped 1.3 per cent.
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GAIL clinches cheap gas import deal
GAIL India managed to clinch a deal to import natural gas from a US-based company for deliveries from 2016-17 at the Henry Hub-benchmarked price, which is lower than the Japanese Crude Cocktail (JCC).
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Gas hydrates on east coast
Huge reserves of gas hydrates have been identified along the east coast of India by scientists from the National Geophysical Research Institute (NGRI).
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RIL, BP ink gas joint venture
Reliance Industries (RIL) and BP have set up India Gas Solutions, a 50:50 joint ventÂure company, to globally souÂrce and market natural gas in India. It will also develop infrastructure for transportation and marketing of the gas.
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Gas demand to more than double by 2017
India's natural gas demand is set to more than double by 2016-17 with most of incremental demand coming from power plants. As per the projections made by Oil Ministry for the 12th Five Year Plan (2012-13 to 2016-17),
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Iran natural gas for India
India is considering the import of natural gas from Iran via an under-sea pipeline, according to an Iranian official.
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Analysis: Staring at an increasing resource crunch
In a country where minerals are reported as scarce, comprehensively mapping and identifying available natural minerals will result in a major upward revision of our estimates how much can be mined indirectly curbing illegal mining. Puneet Goel writes.
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ONGC to develop 50 gas fields
Oil and Natural Gas Corporation (ONGC) plans to invest about Rs 26,000 crore in putting 50 onshore and offshore fields on production, 49 through inhouse efforts and one through service contract.
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DGH to be more transparent
The Oil Ministry has decided to implement recommendations of an expert panel in the Directorate General of Hydrocarbon (DGH) and make the Directorate's functioning more transparent.