AMMAN – Jordan’s majority state-owned National Petroleum Company (NPC) has discovered “promising” new quantities of natural gas in the Risha gas field along its eastern border with Iraq, the energy minister said on Sunday. Hala Zawati said in a statement the flow of gas from a new well among several drilled this…
Ahead of the international climate change summit, UK PM Boris Johnson said that Britain is set to end government funding for fossil fuel projects overseas. Previously, Britain has been criticised for sending billions of pounds abroad to help extract and refine fossil fuels and build power stations. On December 11, Johnson announced halt…
Brussels, Dec 12 (IANS) Leaders of the European Union (EU) reached an agreement to cut the bloc’s greenhouse gas emissions by at least 55 per cent by the end of next decade from the 1990 level, European Council President Charles Michel announced. “Europe is the leader in the fight against climate change. We…
CAIRO (Reuters) – Algerian Energy Minister Abdelmadjid Attar said on Sunday that OPEC+ countries will meet on Jan. 4 to study the market after their last decision to limit production rises to 500,000 barrels per day starting next year, Algeria’s state news agency said. The minister’s comments came after the conclusion of…
State-owned ONGC thought the discovery is too small to make economic sense. But Hindustan Oil Exploration Company (HOEC) in two years of taking over the B-18 block has not just discovered more resources but has invested enough to start oil and gas output from April next year. In an interview to PTI, HOEC…
Vijayawada: The Cairn Oil & Gas, a division of Vedanta Limited, is all set to begin oil and natural gas exploration in Krishna district. The Oil and Natural Gas Corporation (ONGC) has already completed the ground work and identified the drilling area for the purpose. The ONGC had drilled three exploratory wells back…
BHUBANESWAR: Police investigation into the sensational Raj Bhawan Filling Centre explosion has found gross criminal negligence on the part of Indian Oil Corporation Limited (IOCL) authorities as well as the contractor it had engaged which led to the blast claiming two lives on October 7. The Commissionerate Police examined witnesses, documents, CCTV footage,…
HYDERABAD: The consumption of 19 kg commercial Liquefied Petroleum Gas (LPG) cylinders remains low in the city, even months after lockdown norms for hospitality and other sectors were relaxed. Soon after the lockdown was put in place in the State, the sale of commercial LPG cylinders went down by 90 per cent.…
A recent discussion paper titled “Anybody’s Gas” takes a critical look at the government’s new policy directives that were announced in early-October and argues that the so-called “reforms process” was rushed into by ignoring the context, that most of the domestic producers of natural gas would not benefit from the reforms, that key decisions…
India’s national oil companies, or NOCs, have started supplying LPG to some private bottlers in a government-initiated move that could be extended across the country and heighten competition in a sector controlled by private importers, Indian industry sources said Dec. 11. Supplying to private LPG bottlers had previously been the domain of international…
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