The Naftohaz Ukrainy national oil and gas company reported to have commenced drilling on its first prospecting gas well Hamad-1 on the territory of the emirate of Al Fujairah in the United Arab Emirates. For full story, click here
Galloway Energy Inc. announced updates on it two natural gas exploration and development projects. Galloway President Shane Lowry stated: We are very pleased with progress to-date. We believe there is a high probability of success for the completion of commercially viable gas wells at our target locations. For full story, click here
Natural gas inventories in the U.S. surged last week despite expectations for a drop, as stockpiles remained well above historical levels. For full story, click here
French utility GDF Suez reported that it will subscribe in full to Gas Natural’s planned capital hike and will avoid diluting the level of its current stake in the Spanish company, of close to 9%. For full story, click here
After helping clean up the air in Delhi and Mumbai, flagship utility GAIL reported that it is now planning to pump Rs 1,000 crore into greening the highways by setting up 2,000 CNG stations along major routes, even as it is chasing a target of wheeling about 95 million tonnes of natural gas to fire [...]
India’s Oil & Natural Gas Corp. reported that it has no plans to cut its domestic capital expenditure target, but will lower its investment plans for Imperial Energy PLC. For full story, click here
The Dallas City Council is considering whether to spend nearly $4 million to buy the first natural gas-powered garbage trucks for the city. For full story, click here
SaskEnergy’s rates for natural gas will be slashed by 21 per cent effective April 1, following a recommendation by the Saskatchewan Rate Review Panel. For full story, click here
Tokyo Gas Co, Japan’s biggest city gas supplier reported that it has planned to purchase 6 percent less liquefied natural gas on long-term contracts in the year from April 1, as gas demand is projected to fall for a second year because of weak industrial activity. For full story, click here
UPS Inc. reported that it has deployed 43 vehicles powered by compressed natural gas in the Denver area. For full story, click here
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