A research paper puts to rest the controversy over whether gas is going to mitigate or exacerbate global warming.
8The paper firmly establishes that exploitation of shale gas in the face of unavailability of carbon capture and storage, and higher than acceptable leakage rates, will increase the cost and reduce feasibility of meeting global temperature goals...http://goo.gl/WNluOb
The EIA has released detailed energy statistics for the month of January, 2017
8The quantum and depth of information is indeed commendable.
8In contrast, the Indian statistical output from the PPAC is indeed very poor.
8Serious efforts will have to be made to be able to shore up the information base of the PPAC...http://goo.gl/WNluOb
Big investments are planned by ONGC in its KG basin offshore assets, including the new acquired DDU field earlier owned by GSPC
8The price tag of the planned investment is a whopping Rs 68,000 crore
8In Andhra Pradesh onland assets, the company has planned an investment of Rs 10,000 crore...http://goo.gl/WNluOb
EOIs for a 14-well production programme is expected in the second week of February, 2017
8Tenders will be floated once...http://goo.gl/WNluOb
The Assam gas cracker owned by GAIL was commissioned in January, 2016
Find full details of the project here in terms of:
8Gas supply agreement
8Naphtha supply agreement
8Marketing arrangements
8Gas dehydration unit...http://goo.gl/WNluOb
Initial dredging works in connection to a upcoming Storage Refasification Unit (FSRU) has been started recently.
8The project is worth Rs. 5600 crore.
8An EPC contractor for marine and dredging work, worth Rs. 2115 crore, has been selected.
8Groundwork for the project was started in November, 2016 and the Capital Dredging and Reclamation Process will be completed by December, 2017...http://goo.gl/WNluOb
A Rs.10,000 crore project is expected to get a green nod from the Cabinet within 3 months for strategic storages.
8EIL was entrusted to carry out the Detailed Feasibility Study for this project.
8The project has already gone through many changes in the past but all stakeholders are expected to come to a common ground this time...http://goo.gl/WNluOb
Get the latest cost estimate made by EIL for the Barmer refinery which has been on the drawing board for over four years now...http://goo.gl/WNluOb
Gross under recoveries (GURs) of oil marketing companies will go down to around Rs 18,000 crore in FY2017 (with average Indian basket crude oil price of US$55/bbl and INR/US$ of 68 for the rest of FY2017). Despite recent spike in crude oil prices, the GURs would fall due to lower prices in first 8M FY2017, gradual monthly increase in prices of...http://goo.gl/WNluOb
The glass is either half empty or half full depending upon your point of view
8While some have bandied the response to the auction of 67 discovered small oil & gas fields as a big success others found the response muted.
8Although bids were received for all the onshore contract areas and on an average 4.6 bids were received per contract area, the response for offshore area was weak as only...http://goo.gl/WNluOb
The Terms of Reference for a 20-well onland exploratory and appraisal drilling programme is expected to be amended by Q-1, 2017
8The cost of the project is expected to be approximately Rs 8-10 crores per drilling well and approx Rs 1-2 Crores in the development of subsequent production facilities at each site.
The RFQ’s are expected to be floated for the following Equipment and services...http://goo.gl/WNluOb
A Rs 22 crore LPG storage and bottling plant is coming up
8Mechanical, electrical and civil contractor hiring has already taken place
8Construction is expected to start from...http://goo.gl/WNluOb
