Progress Energy Carolinas has planned to shut down three coal-fired power plant units located near Goldsboro and replace them with a natural gas-fueled facility, the utility has announced. For full story, click here
Read the full article: "Progress Energy Planned Natural Gas Plant"
Thursday, August 20, 2009
The slip-sliding natural gas market plumbed new seven-year depths Tuesday, and industry watchers warned that overflowing storage facilities and tepid demand could push prices still lower. For full story, click here
Read the full article: "Natural Gas Prices Can’t Find a Bottom"
Wednesday, August 19, 2009
Essar Oil Ltd., operator of India’s second-largest non-state refiner, may commence production of natural gas from coal seams in the eastern state of West Bengal by the end of this year. For full story, click here
Read the full article: "Essar Oil will Commence Gas Output From Coal..."
Wednesday, August 19, 2009
The Petroleum Ministry is understood to have pledged support to state-owned power manufacturing firm National Thermal Power Corporation in its legal fight against Reliance Industries Limited (RIL) to get natural gas from it at a price committed in 2004. For full story, click here
Read the full article: "Centre Pledged Support to NTPC in Gas Project"
Wednesday, August 19, 2009
A 50 billion Australian dollar $41 billion deal for China to purchase Australian natural gas shows current diplomatic tensions between the two countries will not trump their commercial interests. For full story, click here
Read the full article: "Australia, China Inked $41 bln Natural Gas..."
Friday, August 14, 2009
Indraprastha Gas Ltd, on Thursday, signed the Gas Sale and Purchase Agreement with Reliance Industries Ltd and its partner NIKO Ltd for supply of 0.308 mscmd from D6 block of Krishna-Godavari basin at $4.2 per million British thermal unit at the landfall point. For full story, click here
Read the full article: "Indraprastha Gas Signed Pact with Reliance..."
Friday, August 14, 2009
Oil and Natural Gas Corporation declared that it would hire a consultant for its plan to enter city gas distribution, keeping in view the high potential of growth. The company also declared it would be looking for a collaboration for the venture. For full story, click here
Read the full article: "ONGC will hire Consultant for City Gas..."
Thursday, August 13, 2009
Guangdong natural gas pipe project has commenced working and Baosteel obtained the 5,000 tonnes UOE LSAW pipe supply contract in Huizhou section. For full story, click here
Read the full article: "Baosteel UOE Pipe has won Bid for Guangdong..."
Thursday, August 13, 2009
Days after having sent its comments on the gas dispute issue and on the points raised by Reliance Natural Resources Limited chairman, Anil Ambani, the Petroleum and Natural Gas Minister, Murli Deora on Wednesday met the Prime Minister, Manmohan Singh to apprise him about the Government’s stand on the issue and steps taken by the [...]
Read the full article: "Deora Meets PM, Apprised About the Gas..."
Tuesday, August 11, 2009
Western Gas Partners LP’s second-quarter profit grew 16% as the energy company declared surging margins due to lower commodity costs, but revenue also slumped on slipping prices. For full story, click here
Read the full article: "Western Gas 2Q Profit Surged 16% on Surging..."
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Thursday, August 20, 2009