Shale Gas

We want to recreate in shale what we did for CBM (Coal Bed Methane) , said CEO Prashant Modi.

Severe winter exposes energy vulnerability across the globe

A scramble for gas has led to LNG prices and charter rates shooting up

Politics | Global impact of the Saudi Arabia-Russia oil war

While Riyadh and Moscow refuse to blink in their oil standoff, global alliances could break, and political upheavals could intensify, even threatening regimes.

Saudi Aramco launches largest shale gas development outside US

The world's top crude oil exporter has for years battled for market share with rapidly expanding shale oil producers in the United States, which in just a decade have developed capacity to pump millions of barrels per day of oil from rock formations that were previously too costly to tap.

Crude oil in Indian futures market rose 38% in 2019: Where is it headed now?

The spread of the deadly virus in China and the clampdown in travel may weigh on fuel demand.

Essar Oil & Gas to submit shale gas exploration proposal

The company would also enter into an agreement with state-owned GAIL in the middle of March this year for selling its entire production of CBM to the PSU.

To expand footprint in North America; demand robust for Class 8 trucks: Bharat Forge

North American Class 8 truck orders reported double-digit growth for two months. Speaking to CNBC-TV18, Baba Kalyani, CMD of Bharat Forge said that North American heavy truck market is beginning to show signs of some robustness.

Essar to invest up to Rs 1,000 cr by FY18 in West Bengal

"We have invested Rs 3,300 crore at our Ranigunj CBM block and already achieved one million scmd production. We will have to pump additional Rs 700-1,000 crore to reach the peak projected production of three million scmd capacity," Essar Exploration & production CEO Manish Maheswari said here today.

Budget 2016: Refuelling India‘s energy growth

The NDA Government appears to be very keen on setting this story right which is evident from the efforts being made by the oil ministry towards stakeholder participation in policy formulation.

Oil to remain in $25-35/barrel range in near term: IHS Research

Speaking to CNBC-TV18‘s Meneka Doshi Dan Yergin, Chairman, IHS Cambridge Energy Research Associates says oil prices are expected to remain low for atleast this quarter and the next.

India to provide 24x7 power by 2019: Piyush Goyal

Goyal was speaking at the India-US Ministerial Energy Dialogue held at the US Department of Energy here on September 21. The Indian delegation was led by Goyal while the US side was led by Dr Ernest Moniz, the US Secretary of Energy.

Mkts to gain from govt's right moves; like ITC: HDFC Sec

According to Dipen Sheth, head-institutional research at HDFC Securities, structurally nothing has changed for India despite the 10 percent odd correction. He continues to remain a buyer of Nifty at current levels.

How to play Reliance post stellar Q4 nos

Tarun Lakhotia of Kotak Securities say the fair value estimate based on FY17 numbers is Rs 1,040 per share, which is valuing refining and petrochemical segments at 6 times EV/EBITDA.

See Brent closer to $90/bbl till H1 2015: Energy Aspects

Virendra Chauhan, Oil Analyst, Energy Aspects expects global Brent price to hover between USD 90-95/barrel in first half of 2015.

IOC likely to buy 10% in Petronas' LNG project for $900mn

Indian Oil Corp, the nation's largest oil firm, will buy Malaysian firm Petronas' 10 per cent stake in a shale-gas assets and liquefied-natural-gas (LNG) project in British Columbia for USD 900 million, sources said.

UK proud of Indian investments driving JLR success: Cameron

Addressing the World Economic Forum (WEF) Annual Meeting, Cameron said Britain has chosen to embrace foreign investments and was also working on improving trade with countries in Asia and Americas.

CCEA okays higher gas price for RIL but with riders

The bank guarantee, which will be equivalent to the incremental revenue that RIL will get from the new gas price, will be encashed if it is proved that the company hoarded gas or deliberately suppressed production at the main Dhirubhai-1 and 3 (D1&D3) fields in the eastern offshore KG-D6 block since 2010-11, sources said.

Overview of gas scenario in India

Natural gas sector has witnessed a number of challenges in the recent past with decline in domestic production, delay in clearances from different authorities in development of new blocks and clarity regarding pricing of natural gas

Govt approves policy for shale gas and oil exploration

India, the world's fourth-largest consumer of energy, could be sitting on as much as 96 trillion cubic feet (tcf) of recoverable shale gas reserves, equivalent to about 26 years of the country's gas demand, according to the US Energy Information Administration.

How India has punctured its gas balloon

Even as gas takes off in the US as a cleaner and cheaper fuel, India is heading in the opposite direction with policy flip-flops and failed promises strewn along the way.

Need fin instrument that people can choose over gold: IIFL

Demand and high prices of oil and gold are playing the spoil sport and triggering high CAD. The government has taken steps to curb gold import, but smuggling of the metal has jumped manifold. The only long-term solution is to control inflation and to have an alternative of financial instrument that people can choose over gold

Kotak retains 'reduce' on RIL on medium-term growth concern

Analysts say, despite chairman and CEO highlighting aggressive expansion plans for its petchem, E&P, refining and telecom businesses, there is very little clarity on how much will be spent in each segment.

Why Reliance Industries AGM failed to lift stock

Reliance Shares has not climbed much even after important announcements made in the 39th AGM held yesterday.

Shale gas to strengthen RIL's E&P portfolio: Mukesh Ambani

RIL is hopeful of doubling shale gas capacity in years to come. Shale gas production is an important segment in its E&P portfolio

Reliance Industries draws Rs 1.5 lakh cr capex for 3 years

RIL and its British partner BP plc have submitted to the government plans to bring to production satellite fields in the eastern offshore KG basin block to raise output that has plummeted to less than 16 million standard cubic meters per day from about 64 mmscmd achieved three years ago.