Ukraine and Russia said they will hold further European Union-mediated talks on supplying Europe with Russian gas, in a key first step towards renewing Ukraine’s gas transit contract that expires at the end of next year.
The Reliance-BP joint venture today bid for licence to retail gas in 15 cities while Indraprastha Gas LtdNSE -1.18 % put in bids for 13 cities.
A growing fleet of ships is scanning oceans in search of new oil and gas fields as energy companies, now with more cash thanks to stronger crude prices, gradually resume spending on seismic services after a four-year downturn.
India’s eight core industries grew 3.6 per cent in May led by increased output of coal, cement, fertilizers and electricity. Core sector had grown 4.6 per cent in April.
Executives from natural gas companies call their increasingly cheap and plentiful fuel the world’s best answer to climate change: it produces about half the carbon dioxide of coal when burned in a power plant and it can fuel trucks, trains and ships.
Too many city gas distribution licences and too big licence areas on offer, along with some regulatory provisions on exclusivity of permits and bid parameters may discourage bidders in the ninth city gas licensing round currently underway, but the regulator expects a good response.
The Stakeholders Consultation on Hydrocarbon Vision 2030 for North East India on Saturday discussed plans for development of the oil sector in Assam.
New pipelines could be laid to bring Russian gas through North Korea to the South and even on to Japan following the diplomatic thaw with Pyongyang, Seoul’s leader suggested today.
Sinopec said on Tuesday its Tianjin refinery will be able to produce 120,000 tonnes of ethanol gasoline per month by October 1, a deadline for the city to replace traditional fuel with biofuel,
Brace for a hike in rates of compressed natural gas (CNG) and domestic piped gas across Mumbai metropolitan region from Saturday morning. While CNG prices (with taxes) have shot up by Rs 1.95 per kg, rates of cooking gas has been hiked by 38 paise per unit (scm).