Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
India's energy security has come under an alarming pressure from rising dependence on imported oil, regulatory uncertainty and opaque gas pricing policies, according to a FICCI-Ernst & Young report. Supply issue “Small pool of skilled manpower and poorly developed upstream infrastructure and dependence on fossil fuels are other factors impacting …
State-owned gas utility GAIL India on Sunday said it has signed an agreement to buy 3.5 million tonnes a year of Liquefied Natural Gas LNG for 20 years from a US firm to meet India's growing energy needs. “GAIL has signed a Sales and Purchase Agreement (SPA) for supply of …
The traditional contango of the UK natural gas curve has smoothed out in recent weeks, with summer seasons now at parity and the winters either on a par or even dipping into backwardation. Tom Wooley investigates the trend and its likely impact on consumers.
Reliance Industries (RIL) and UK's BP today announced incorporation of India Gas Solutions, a 50:50 joint venture company for sourcing and marketing of natural gas in India. The joint venture is part of the agreement reached in February where BP picked up 30% stake in 23 oil and gas blocks …
Gas is the cleanest of fossil fuels and also more efficient and cheaper to use. Yet, in India, there has been no policy focus on this fuel, leading to a huge mess in critical sectors. Investments of Rs 35,000 crore made in the power sector will remain stranded unless projects …
Australia's parliament passed landmark laws to impose a price on carbon emissions on Tuesday in one of the biggest economic reforms in a decade, giving new impetus to December's global climate talks in South Africa. The scheme's impact will be felt right across the economy, from miners to LNG producers, …
Australia's Senate is set to pass laws on Tuesday putting a national price on carbon emissions, one of the country's most sweeping and divisive economic reforms that have been a decade in the making. Opposition leader Tony Abbott has run a two-year campaign to wreck the scheme, seizing on voter …
89 plants with total capacity of 40,000 mw don’t have stocks even for four days Average coal stocks at India’s thermal power plants have dipped below “critical” level, or are enough to last less than a week, against the norm of 22 days, mounting more pressure on electricity generating companies …
A working group on petroleum & natural gas sector for the 12th Fiver Year Plan (2012-17) has been constituted by the Planning Commission with participants from different departments of Government of India, energy experts and concerned public & private sector oil companies. The working group report reviews the achievements of …
The Union Ministry of Environment and Forests has sanctioned the proposal of Petronet LNG Limited (PLL) to enhance the re-gasification capacity of its LNG project at Puthuvype in Kochi from 2.5 MMTPA (million metric tonne per annum) to 5 MMTPA. The Expert Appraisal Committee of the Ministry had examined an …
Natural gas and imported liquefied natural gas could soon become cheaper if Prime Minister Manmohan Singh’s plea to states to lower taxes on them is accepted. In a letter to the empowered committee of state finance ministers, PM has made a strong pitch for a ‘declared goods’ status for both …
Hot on the heels of a sharp increase in petrol prices, Compressed Natural Gas (CNG) prices were hiked by Rs. 2 per kg on Friday, mainly on account of a fall in the rupee value against the US dollar, pushing up the cost of inputs. Indraprastha Gas Limited (IGL), the …
The purpose of this Petroleum Exploration and Production Policy 2011 (Policy) is to establish the policies, procedures, tax and pricing regime in respect of petroleum exploration and production (E&P;) sector.
Natural gas plays a key role in Pakistan‟s energy balance which is currently around 50% of the country‟s primary energy supplies. With accelerating economic growth, the demand for gas is projected to increase sharply and the country‟s recoverable indigenous gas reserves will be insufficient to meet this demand. Gas shortages …
Britain based BP on Wednesday said the output from the KG-D6 gas fields, in which it has a 30 per cent stake, could rise only in 2014 after the new fields in the area were brought into production, echoing the similar views expressed by Mukesh Ambani-owned Reliance Industries Ltd. (RIL). …
Consultant appointed by Directorate General of Hydrocarbons to find ways to optimise production, authorities eager to reverse decline in output The government and Reliance Industries are formulating a strategy to ramp up output from the KG-D6 block by 30-35 million metric standard cubic metres a day (mmscmd) by pumping natural …
Shifting the focus of oil diplomacy to ``Look East Policy'', India on Wednesday sought to strike deals with Brunei, Indonesia, Australia and Malaysia for long term supply of liquefied natural gas (LNG) with the aim to double the LNG re-gassification capacity by 2016. Taking part in the East Asia Summit …
GAIL, RIL pipelines will pass through about 50 villages in DK district Residents of Kariyangala and Ammunje villages of Kariyangala Gram Panchayat limits in Bantwal taluk are living under constant fear as two major gas pipeline projects namely project of the Gas Authority India Limited (GAIL) and the Relogistics Infrastructure …
A high-level government committee, headed by Planning Commission member, Saumitra Chaudhari, on Monday ruled out pooling of natural gas prices, stating that domestic natural gas users could not be asked to subsidise costlier imported liquefied natural gas (LNG). The report of the committee is a complete U-turn from its previous …
New Delhi The government proposes to offer gas for all power projects to be completed in the current Five Year Plan by creating a pool of domestic gas and imported re-gassified liquified natural gas (RLNG). The new mechanism will not only ensure that gas is available to meet around 80% …
