The government on Saturday declared the ongoing corporate dispute between the Ambani brothers over Andhra offshore gas will not impact India’s acreage auctions, even as the petroleum ministry kicked off the series of roadshows to hawk 70 concessions with the aim of attracting $3 billion investments for exploration. Simultaneously, the government is also offering 10 [...]
At least 250 Morbi, Gujarat-based, ceramic manufacturers have formed a consortium to bid for natural gas blocks, when they come up for auction in August, in order to slash their output cost. For full story, click here
Brazilian state-run energy giant Petrobras announced that it will hold its second spot auction of natural gas on May 12. For full story, click here
Brazilian state-run energy giant Petrobras announced that it has successfully launched its first auction of natural gas in which 16 gas distributors are participating. For full story, click here
Uncertainty over Thursday’s Turkmen gas pipeline rupture is rising, as Turkmen officials accuse Gazprom’s partners of creating conditions for an accident. For full story, click here
The Government reported that it has launched the biggest auction of oil & gas exploration blocks even as global energy producers cut investments in the face of slipping prices and the worst economic slump since the World War II. For full story, click here
Monday, August 10, 2009