The United States will become the world's top producer of oil and natural gas over the next several decades, but China and India will lead a host of developing countries in embracing clean energy technologies for power generation as costs for renewables continue to decline. Read More
India's minister for oil and natural gas said a state-owned gas utility has been trying to renegotiate separate contracts with Cheniere Energy Inc. and Dominion for importing liquefied natural gas (LNG), with the most recent discussions occurring last month.
BP plc and Reliance Industries Ltd. on Thursday said they plan to bring 1 Bcf/d of natural gas capacity onstream between 2020 and 2022 from three deepwater gas fields offshore India that hold an estimated 3 Tcf of discoverable resource. Read More
Cheap coal and expanding renewable energy are pinching natural gas in some places around the world, while "inefficient" markets for liquefied natural gas have "lagged," International Energy Agency Executive Director Fatih Birol said Wednesday in Tokyo. Read More
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