Chesapeake Energy Chairman and CEO Aubrey McClendon declared that the Barnett Shale has surpassed the venerable San Juan Basin as the leading natural gas producer in the United States. For full story, click here
Bhagyanagar Gas Limited, engaged in marketing of compressed natural gas in Hyderabad and Vijayawada, has geared up to expand its activity following commencement of gas production from the Krishna-Godavari basin by Reliance Industries. BGL’s managing director, A Viswanadha Sarma, told Business Standard, stated: Now we have come to a stage where the project will take [...]
After D6 in Krishna Godavari basin, Reliance Industries declared that it has struck big in two nearby blocks with estimates putting in place natural gas reserves at 20 trillion cubic feet. For full story, click here
The Indian government is likely to double the price of natural gas sold through the administered price mechanism to $4.2 per million metric British thermal unit, which is equivalent to the price that Reliance Industries is getting for its K-G basin gas. For full story, click here
Repsol YPF SA, Spain’s leading oil company has found natural gas in the Santos Basin off the coast of Brazil. For full story, click here
DSM Infratech, Gail Gas and Bhagyanagar Gas has recently bagged the right to lay city gas distribution networks in six cities and are looking at sourcing natural gas from Petronet LNG and Panna-Mukta-Tapti fields. This would be in addition to what they would be allocated from Reliance Industries’ blocks in the Krishna-Godavari basin. For full [...]
The steel industry will be accorded priority in allocation of natural gas from Reliance Industries’ Krishna Godavari basin once fuel output exceeds 40 mmscmd. For full story, click here
Consumers love cheap natural gas as it pushes utility bills down. A natural gas drilling rig was outside the Fort Worth Convention Center for a Barnett Shale expo. Low natural gas prices hurt the field’s producers. Home heating is cheaper when natural gas costs less. And since about half of Texas electricity is generated with [...]
If the promise of natural gas reserves in the Nenana Basin holds true, development could net more than 700 jobs for several years and up to 17 long-term positions running a power plant. For full story, click here
Midnight Oil Exploration Ltd., a Calgary, Alberta based junior energy company primarily focused on natural gas exploration, development and production in the Deep Basin portion of northwest Alberta, reported that it has filed with Canadian securities regulatory authorities on SEDAR its audited Consolidated Financial Statements for the year ended December 31, 2008. For full story, [...]
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