Reliance Industries' Q4 profit dips 8% as Mideast war bites at oil businessReliance Industries reported an 8.1% drop in March quarter profit. Geopolitical issues impacted the energy business. However, telecom and r...
GAIL says its LNG vessel Energy Fidelity flagged off from US; to bolster India's energy supply chainGAIL's Energy Fidelity vessel with a carrying capacity of 174,000 cubic meter (cbm) was flagged off on April 20 and is now en route to Indi...
CBM licensing round draws few biddersThe latest coal bed methane (CBM) licensing round saw a disappointing turnout, with seven of thirteen blocks receiving no bids and four att...
Reliance, Essar top bidders for coal-based methane gas exploration blocksThe bidding frenzy for coal-bed methane blocks heats up as Reliance Industries and the Essar Group step into the ring. The Directorate Gene...
Essar Oil & Gas invests in microbial eCBM technology to boost outputEssar Oil & Gas which has so far invested Rs 5,000 crore in finding and producing gas from coal seams, called CBM, plans to invest an addit...
Reliance seeks $12.75 for CBM gas, ONGC wants $9.35Reliance is seeking a minimum USD 12.75 per million British thermal unit for coal bed methane (CBM) from a block in Shahdol district of Mad...
ONGC sells CBM gas at $5.77-6.12 /MMBtuONGC sold gas from its Bokaro CBM block to a private industry, H N Roy, for USD 5.77 per MMBtu on a gross calorific value basis.
RIL begins CBM production at Sohagpur BlockRIL's block, SP(West) –CBM–2001/1, started production on March 24 and is currently supplying CBM for the commissioning of the Shahdol-Phulp...
Oil Ministry moves Cabinet to get RIL, ONGC pricing freedomOil Ministry has proposed to the Cabinet that coal-bed methane (CBM) gas producers be given pricing freedom and allowed to price the fuel a...
Govt permits CIL to explore natural gas in coal seamsThe Ministry of Petroleum and Natural Gas in a November 3 order said Coal India and its subsidiaries will be allowed to explore coal-bed me...
RIL to begin CBM gas production in 2015-16It plans to produce 3.5 million standard cubic meters per day of gas from the two Sohagpur blocks.
Essar sells CBM gas at $9.16-11.63; GEECL at $8.46-22.01State-owned ONGC, which is one of the three operators producing coal-bed methane (CBM), charges $ 5.71 per million British thermal unit.
- Oil regulator DGH rejects Reliance Industries' CBM gas price
Sources said the DGH reply was in response to the clarification sought by the ministry on June 13, a day after senior bureaucrat Choubey to...
- OilMin to decide on Reliance Industries' CBM gas price formula
The Oil Ministry today said it will decide on Reliance Industries' February 21 proposal for pricing of CBM gas "in line with the provisions...
- Reliance Industries gets over 70 bids for CBM gas
At the close of offer on February 17, RIL received over 70 bids totalling a demand of more than 90 million standard cubic meters per day.
- CBM gas from Raniganj sold at $7 per unit
The first coal-bed methane (CBM) gas produced from Raniganj block is commanding a 67% premium over the price of Reliance Industries' KG-D6 ...
- Essar, Arrow, Great Eastern to invest $158 mn in CBM blocks
Essar Oil, Australia's Arrow Energy and Great Eastern Energy will invest USD 158 million in seven coal bed methane (CBM) blocks, for which ...