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SHALE GAS BLOCKS
An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...- Essar Oil & Gas gets environment clearance to begin shale gas explorationPreviously, companies could explore only oil and natural gas or CBM depending on their licence for the block.
- GEECL to invest $2 bn to exploit shale gas reservesGEECL's coal-bed methane (CBM) block may hold as much as 6.63 Trillion cubic feet (Tcf) of shale resources, of which about 1.7 Tcf can be r...
- ONGC to drill 17 exploratory wells for shale gasONGC was given a mandate to identify a minimum of 50 nomination blocks where it will take up shale gas and oil exploration in Phase-I.
- Private companies will get to explore shale in existing blocksVarious studies have estimated recoverable reserves of shale gas at between 6 trillion cubic feet and 63 trillion cubic feet.
- As government readies shale policy, companies like RIL, Cairn, Essar bet on shale gas explorationCompanies like RIL, Cairn India and Essar Oil are preparing plans to kick-start the hunt for other sources of natural gas in the energy-hun...
- Auction of six shale gas blocks likely this yearSix shale-gas blocks with estimated reserves of over 50 billion cubic metres are likely to be put up for sale this year.
- Shale gas blocks to go under hammerThe DGH is likely to auction six shale gas blocks with reserves upwards of 50 billion cubic metre in Cauvery and Damodar basins.
- Top oil companies to push shale exploration, marketingIndian energy firms Reliance Industries, Cairn India & Essar Oil have put shale oil & gas exploration and marketing on their priority list.
- Shale oil and gas exploration policy is ready: Petroleum SecretaryThe petroleum ministry has finalized a shale oil and gas exploration policy, which will be tabled before the cabinet after the oil minister...
- New coal-bed methane policy to be unveiled shortlyThe government has bid out 33 CBM blocks to companies like Oil and Natural Gas Corp (ONGC) and Great Eastern Energy Corp Ltd (GEECL).
- Cairn India seeks right of first refusal over Rajasthan blockCairn India has asked the Oil Ministry for rights to explore for unconventional shale gas in its prolific Rajasthan block.
- No shale gas auction in command area: CILCIL will not allow the government to auction shale gas blocks in its command area, its chairman S Narsing Rao said.
- ONGC keen on foraying into unconventional gas sourcesONGC today said it is keen on foraying into unconventional gas sources like shale gas and would bid for blocks once the government put in p...
- Shale gas exploration policy in next 10-15 days: M Veerappa MoilyMoily said he has formed an expert committee under Vijay Kelkar to suggest roadmap for cutting India's dependence on imports to meet its oi...
- India plans shale gas blocks auction by 2013 endIndia plans to launch its first auction of shale gas block by 2013-end on terms that are likely to be remarkably different from those offer...
- Govt initiates steps to assess shale gas prospectively: Oil MinistryThe government has initiated steps for the assessment of shale gas prospectively in selected on land basins and the country has access to r...
- India to offer shale gas blocks by end of 2011India will launch its first-ever offer of shale gas areas for exploration by end 2011, even as it targets at least a billion dollar of inve...
- BPCL arm acquires stake in two Australia shale gas blocksBPCL said Bharat PetroResources has entered into an agreement with Norwest Energy to pick up a stake in two shale gas blocks in Perth Basin.
- India targeting first-ever offer of shale gas blocks in 2012India is planning its first-ever offer of shale gas areas for exploration in 2012, even as it targets the launch of the ninth and possibili...
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