India is studying the potential of shale gas and is watching safety and technology developments in other countries closely, the deputy chairman of its planning commission said on Thursday.
"We
State-owned ONGC today signed a pact with US energy major ConocoPhillips for exploring shale gas prospects in India and North America, and exploring oil and gas off the country's east
India will launch its first-ever bid round for exploration of shale gas by end of 2013, Prime Minister Manmohan Singh said today. "The mapping of India's shale gas resources has
India is sure to lag behind China in tapping shale gas that has emerged as one of the most prolific unconventional resources to meet increasing energy demand. Last week, China
At present, we have earmarked around $1 billion towards overseas acquisitions in near future.
Government-run explorer Oil India (OIL) will come out with an estimate of shale gas potential in three months. If the initial finds are prolific, the explorer plans to drill the first shale gas well by end of 2011.
As oil and gas acc-ounts for more than 40 per cent of India’s primary energy, the quest for sourcing upstream ass-ets continues. Faced with high energy prices and energy
Country’s second-largest state-owned explorer, Oil India Limited (OIL), will spend up to Rs 100 crore to evaluate the economic feasibility of shale gas exploitation in the country.
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