ONGC declared that it may invest $1.01 billion in Cairn India’s Rajasthan oilfields even though the project offers negative returns as the public sector firm is liable to pay all the statutory levies. For full story, click here
Natural gas bills are expected to surge about 5 percent for customers of National Grid if the state Public Service Commission approves a $39.4 million rate surge scheduled to be voted upon Thursday. For full story, click here
With straining state budgets and the burden of natural gas exploration on governments and communities, a movement to tax natural gas production in Pennsylvania surged another supporter and more momentum. For full story, click here
The state Public Utilities Commission announced that it will hold a public hearing in Sacramento on Tuesday about the proposed Sacramento Natural Gas Storage project. For full story, click here
Experts reported that compressed natural gas, which is cheaper and cleaner than gasoline, is the best choice for public transport in Vietnam. For full story, click here
Greece’s biggest utility, Public Power Corp., has shown interest in acquiring a stake in state-controlled natural gas firm DEPA, which is in search of a strategic investor. PPC’s Chief Executive Officer Takis Athanasopoulos said: We hope the government will agree to allow PPC to exercise its option. For full story, click here
The Georgia Public Service Commission unveiled today that SCANA Energy, a unit of SCANA Corporation has won a competitive bid to continue serving as Georgia’s sole regulated provider of natural gas, a role the company has had since the regulated provider program began in 2002. George Devlin, vice president and general manager of SCANA Energy, [...]
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