Demand from Asia set to power global gas industry growth over the next five years – IEA

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Global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade, the International Energy Agency (IEA) said. Demand for natural gas grew 4.6% in 2018, its fastest annual pace since 2010, according […]

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Renewables set to outprice oil and gas by 2020: IRENA

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According to a report by the International Renewable Energy Agency (IRENA) cited by Reuters, beginning 2020, electricity generated by solar PV and onshore wind is set to become consistently cheaper than the most cost-effective fossil fuel alternative, without subsidies. In essence, more than 80 percent of solar PV and 75 percent of onshore wind power deployments […]

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India natural gas output grew 0.69% in FY19

India’s natural gas production grew for the second consecutive year in 2018-2019, primarily due to increase in production from fields operated by government-owned Oil and Natural Gas Corporation (ONGC). India’s cumulative natural gas production grew 0.69 per cent to 32,873 Million Standard Cubic Meter (MMSCM) last fiscal, as compared to 32,649 MMSCM produced in financial […]

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