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. …
New Delhi The stagnation in domestic gas and coal production has led to a revival of interest in the liquefied natural gas (LNG) business, despite it being the most expensive fuel for power generation. Among the growing list of energy companies looking at the LNG business are government-run Indian Oil …
State-owned Bharat Petroleum Corporation (BPCL) and Videocon Industries’ Mozambique block may have up to 100 trillion cubic feet (tcf) of in-place gas reserves, operator Anadarko Petroleum Corp said on Monday. Bharat PetroResources, a wholly-owned subsidiary of BPCL, and Videocon Hydrocarbon Holdings, a wholly-owned subsidiary of Videocon Industries, hold 10 per …
Australia's iconic Great Barrier Reef is under imminent threat from industrial development and may be considered for listing as a world heritage site "in danger" within the next year, a U.N. report said this week. Citing the findings of a mission to the world's largest living structure in March, the …
AMERICA’S “unconventional” gas boom continues to amaze. Between 2005 and 2010 the country’s shale-gas industry, which produces natural gas from shale rock by bombarding it with water and chemicals—a technique known as hydraulic fracturing, or “fracking”—grew by 45% a year. As a proportion of America’s overall gas production shale gas …
Needed, it says, for covering its return and risks also wants govt to stick to contract on output sharing Stuck with $4.2 a million British thermal units (mBtu) price for its natural gas till 2014, Reliance Industries Ltd (RIL) has sought from the government an import-parity price for sale of …
New Delhi The 12th Five-year Plan may end without any significant fresh gas-based power capacity being added in the country. The power ministry has issued a directive to all state governments and other central and state utilities asking them not to propose any new gas-based power project at least till …
India on Wednesday signed the gas sale purchase agreement (GSPA) for the Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline, which upon completion would diversify its gas basket. With domestic gas output stagnating, the $7.6-billion Tapi gas project provides a ray of hope. In five years, the country would have access to imported natural …
Major power producers in the private and public sector, including Tata Power, NTPC, Torrent Power and Mahagenco, have opposed the proposal floated by the Association of Power Producers (APP) to pool domestic gas with RLNG (regasified liquefied natural gas). They have opposed the move on the ground that this would …
Indian Oil Petronas Private Limited, a joint venture between Indian Oil Corporation Limited (IOCL) and Petronas Malaysia, is setting up an LPG (liquefied petroleum gas) import-export terminal at the Ennore Port. The new facility will have a tankage capacity of 30,600 tonnes and will attract an investment of around Rs …
There is an insufficient understanding of the seriousness of India’s energy security problem and the impact this is having on the country’s development. This has led to various crises in the energy sector, which, in turn, have prompted ad hoc emergency responses that do not address the underlying fundamentals.
The State government has decided to ink a pact with Petronet LNG, a Government of India joint venture in energy sector, for a 356 MW Combined Cycle Gas Turbine (CCGT) power plant at Puthuvype. The project is expected to cost Rs.2,250 crore. According to an official release here, a meeting …
Demand for liquefied natural gas likely to go up in international market The shutting down of nuclear power plants in Japan in the wake of the disaster borne out of massive tremor and tsunami there will have an impact on the energy scenario in Kerala. Projects based on liquefied natural …
‘DG Shipping guidelines for granting licence to LNG vessels should be kept in abeyance' Keeping in mind the continued shortfall in domestic gas production and the mounting demand for gas, an inter-Ministerial Committee has pitched for flexibility in transportation of LNG and keeping in abeyance the guidelines of Director-General (Shipping) …
Industry body fears dwindling KG-D6 output wil lead to gas-based plants running only at 30% capacity In order to tackle the problem of scarcity of fuel at gas-based power stations and bringing down its average cost, private power producers have requested the government to pool domestic and imported natural gas. …
The Oil Ministry has refused permission to public sector oil companies for acquiring Asian Development Bank's stake in Petronet LNG Ltd (PLL) so as to keep the nation's largest liquefied natural gas importer a private company. The ADB on August 23 last year offered to sell its 5.2 per cent …
New Delhi In an attempt to de-risk its exploration business, state-owned Oil and Natural Gas Corp (ONGC) plans to foray into gas retailing business through a new subsidiary -- ONGC Gas Ltd. ONGC would use the new subsidiary for its foray into city gas distribution business and sale of imported …
Extends exemption from basic customs duty & CVD indefinitely, to give relief to hard-pressed industry The Finance Bill passed by the Lok Sabha yesterday, to give effect to the Union Budget proposals, has removed the 2014 time bar it had earlier proposed on the duty exemption for thermal coal. In …
Japan began a recess from nuclear-generated electricity, its first in more than four decades, after its sole operating power reactor was halted for scheduled maintenance last night. Hokkaido Electric Power Co's Tomari No 3 reactor in northern Japan stopped generating electricity yesterday, and fission ceased this morning, said Satoshi Takada, …
Petronet LNG, India’s biggest liquefied natural gas (LNG) importer, on Wednesday signed an agreement to invest Rs 4,500 crore in building a five-million-tonne import terminal at Gangavaram Port on the Andhra coast. This will be the country’s fifth LNG terminal after Dahej, Dahbol, Hazira and Kochi. Gangavaram will be Petronet's …
South Korea's lawmakers approved a national emissions trading scheme on Wednesday to tackle its growing greenhouse gas emissions, overcoming strong industry opposition and joining a growing number of nations to put a price on carbon. Of the 151 lawmakers who voted, 148 approved the scheme, underscoring bipartisan support for a …
