Reliance Industries, Essar Oil and Indian Oil are among the six firms, which have expressed interest in taking on lease the LNG terminal adjacent to the Dabhol power plant, even as the commissioning of the import facility has been put off by six months to October. For full story, click here
By Duncan Sutherland- Exclusive to Gas Investing News Company news The headline this week is obviously Shell (NYSE:RDS.A) and the Iraqi government putting ink to paper on a US$4 billion joint venture deal that will see the company collect flareoff from oil production in Southern Iraq’s Al-Basra province. In even better news, Shell opened a [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market news The radical realignment of oil and gas prices after Hurricane Gustav’s relatively tranquil passage through the Gulf of Mexico has been interesting to watch. NYMEX futures showed light crude taking a body blow, while natural gas seemed to largely shrug off the news. Part [...]
As drivers feel the pinch of high gasoline prices, natural gas vehicles are attracting renewed interest both on Capitol Hill and carmakers in Detroit. For full story, click here
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