22.03.2012

PGNiG to Minimise Gas Purchases from Russia In 2012

Poland's gas monopoly PGNiG plans to reduce this year's purchases from Russia to a contracted minimum without incurring penalties, a PGNiG management board member said on Tuesday. PGNiG gas imports rose to 10.9 billion cubic metres last year, with the bulk coming from Russia's Gazprom at a highly uncompetitive price fixed in a long-term contract. more20.01.2012

Legal Status of Shale Gas In Key Countries

The development of shale gas extraction is a potential game-changer in world energy markets, offering the potential for ample supplies in markets that could otherwise tighten in coming years. In the United States, where the technology is most widely used, it could flip the country from a net importer of natural gas to a net exporter. But shale gas extraction requires large amounts of water and chemicals, and environmental concerns have led some governments to ban its use or put moratoriums in place. more06.09.2011

Oil And Gas

Oil and gas account for more than half of all primary energy consumed globally. The sheer volume of oil and gas consumed means that these fuels will continue to feed a large share of the world's hunger for energy for the foreseeable future. Assuring a reliable and dependable supply depends on the technologies used in their extraction.

As ever-more challenging fields are commercialized, demands on technology are increasing to assure the economic, efficient and safe extraction of the fuel. more29.03.2011

India Gets 74 Bids for New Oil, Gas Blocks

India received 74 bids for 33 oil and gas exploration blocks on Monday, but the latest licensing round aimed at attracting increased private investment failed to draw big global firms needed to boost the sector. India is wooing private capital for exploration and encouraging local firms to buy stakes in foreign oil and gas projects to meet its surging energy needs. Asia's third-largest economy imports over 70 % of its crude and is keen to tap quickly domestic reservoirs. more22.06.2010

Reliance to Pay $1.35 Billion for Pioneer Field Stake

India's Reliance Industries, building its presence in the U.S. shale gas industry, was close to announcing a deal to pay $1.35 billion for a stake in a field controlled by Pioneer Natural Resources, the Financial Times reported, citing people familiar with the matter. Reliance, India's largest listed company, will buy a 45% stake in the Eagle Ford shale gas field in south Texas, the people said, according to the newspaper. The deal would be the second of its kind in recent months for Reliance, which is controlled by the world's fourth-richest man, Mukesh Ambani. more21.06.2010

Reliance Chief Seeks Constructive Ties with Brother's Firm

Mukesh Ambani, chairman of Indian energy major Reliance Industries, said the firm is ready to provide gas to power plants controlled by his brother Anil Ambani's Reliance ADAG and looks forward to a "harmonious and constructive" relationship with the company. In May, Mukesh Ambani won a Supreme Court ruling in a gas pricing dispute with Anil that had embroiled New Delhi and ultimately brought the long-estranged brothers to the negotiating table. more26.05.2010

FCI OCM Level Sensors For Liquid, Gas and Foam Applications

Designers of industrial equipment for process control and manufacturing operations will find the OEM Series of Level Sensors from Fluid Components International (FCI) offers superior accuracy, fast response and long-term reliability. These economical level sensors and switches feature thermal dispersion technology with solid-state or relay contact outputs in a wide range of materials independent of conductivity or dielectric constant and can resist a high degree of coating. more30.04.2010

Reliance Plans to Sell Gas in U.S. Market

Reliance Industries  plans to sell gas to retail consumers in the U.S., the Economic Times reported on Friday, giving the Indian energy major a foothold in the world's biggest market. Reliance, which had formed a joint venture this month with Atlas Energy at a promising natural gas deposit, aims to use the U.S. firm's pipeline to supply gas, the newspaper said. The company, controlled by billionaire Mukesh Ambani, will initially supply gas to consumers in New York and Virginia, and use the Atlas partnership to build a brand, it said. more27.01.2010

CCS Solutions

Future Technology - The long-lasting resources of coal and the worldwide growing energy demand suggest that coal will continue to play an important role in the world's energy supply for decades to come. To comply with global emission reduction targets, the development of carbon capture and storage technologies (CCS) is necessary and represents a "no regret" option for clean coal usage. more