Tag : Natural Gas

Business

Indonesia begins building $20.9 billion Masela LNG project

manamalive.com
Indonesia expects the Abadi Masela LNG project to deliver about $37.8 billion in direct government revenue. Energy and Mineral Resources Minister Bahlil Lahadalia also projected $6.43 billion in indirect tax receipts. Officials released the figures...
Russia confirms gas reserves sufficient for over a century
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Russia confirms gas reserves sufficient for over a century

manamalive.com
Russia has announced that its extractable natural gas reserves are sufficient to sustain production levels for more than 100 years. Alexander Kozlov, Russia’s Minister of Natural Resources, stated that the country holds approximately 63.5 trillion...
Natural gas prices surge 20 percent on forecast for colder January
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Natural gas prices surge 20 percent on forecast for colder January

manamalive.com
Natural gas futures surged as much as 20% on Monday, reaching their highest levels in nearly a year, as updated weather forecasts predicted a colder-than-usual January across the U.S. East Coast. February contracts rose approximately...
Adnoc Gas awards contract for Bab Gas Cap gas facilities design
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Adnoc Gas awards contract for Bab Gas Cap gas facilities design

manamalive.com
MENA Newswire News Desk: ADNOC Gas plc has awarded the Front-End Engineering and Design (FEED) contract for new gas processing facilities at the Bab Gas Cap (BGC) to Worley Engineering Pty Ltd. The project is...
India boosts oil output with new ONGC project in Bay of Bengal
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India boosts oil output with new ONGC project in Bay of Bengal

manamalive.com
In a significant development for India's energy sector, Oil and Natural Gas Corporation (ONGC) has commenced oil production from its highly anticipated deep-sea project in the Krishna Godavari basin, situated in the Bay of Bengal....