Articles Tagged "basin"

Bhagyanagar Gas Limited has geared up to expand activity

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 [...]

RIL has striked two more gas reserves in KG Basin

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

Indian Govt. is likely to double set price of natural gas

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

CGD Projects will source natural gas from PMT fields

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 [...]

Cheap Natural gas lowered Utility Bills

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 [...]

Midnight files 2008 year end disclosure documents

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, [...]