ONGC issues a tender seeking minimum $ 4 per mmBtu for CBM gas, $ 3.5 for gas in the North East

India’s top oil and gas producer ONGC is seeking a minimum price of $ 3.5-4 per mmBtu (million British thermal unit) for the natural gas it plans to produce from coal seams in Jharkhand and a field in Tripura. Oil and Natural Gas Corporation (ONGC) has issued separate tenders seeking buyers of 0.02 million standard cubic meters per […]

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Australia’s resources and energy export earnings continue to rise

Australia’s resources and energy exports continue to surge, latest trade data confirmed, despite the challenges of the past 12 months, Minister for Resources and Water Keith Pitt recently said, pointing to the latest data from the Australian Bureau of Statistics’ International Trade in Goods and Services data for October 2021. “These latest figures confirm again […]

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Struggling with power crunch, India considers strategic reserves for gas, imported coal

India is considering maintaining strategic reserves of natural gas and imported coal like the country’s strategic petroleum reserves, to address future supply shocks, as the energy hungry nation battles a crippling coal shortage. A surge in power demand combined with a fall in imports due to high global coal prices have led to supply disruptions […]

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RIL to use 3 GW solar power to produce green hydrogen at its electrolyser facility

Reliance Industries limited (RIL) is planning to use about 3 gigawatt (GW) of solar energy to generate 400,000 tonnes of hydrogen at its proposed electrolyser gigafactory. Speaking at the Fourth Assembly of the International Solar Alliance a virtual event held from 18-21 October 2021, Madhukar Garg, President – Refining and Petchem R&D, RIL, said, “We […]

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