Energy Sector

Myanmar runs short of gas for Bangladesh

Myanmar runs short of gas for BangladeshDhaka - Military-ruled Myanmar on Wednesday informed Bangladesh that it did not have enough reserve of natural gas to offer Bangladesh to run fertilizer plants at present.

In response to Dhaka's proposal for gas import from Yangon, visiting Myanmar Energy Minister, Lun Thi, told his counterpart M Tamim that Bangladesh will have to compete with other regional players like Thailand and China if it wants gas import in future.

ONGC to implement its Uranium project soon

The Oil & Natural Gas Corporation (ONGC) celebrated its golden jubilee for ONGC to implement its Uranium project soonits very first breakthrough in the field of oil 50 years back in Lunej, Cambay Basin off the Gulf of Cambay, Gujarat. Alongside the event another proposed plan of the firm was disclosed as the company readies itself for exploration in Uranium.

OPEC crude price slides to 81.57 dollars

Vienna - OPEC crude price slides to 81.57 dollarsThe price for crude oi

OPEC crude price dropped by 2.91 dollars on Friday

Vienna  - OPEC crude price dropped by 2.91 dollars on FridayThe price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by 2.91 dollars last Friday, as global oil prices were pushed down by the financial crisis, the Vienna-based cartel reported on Monday.

One barrel (159 litres) of OPEC crude stood at 86.37 dollars Friday, compared with 89.28 dollars on the previous day.

ONGC All Set To Enter Nuclear Sector

Having achieved breakthrough in the Indo-Us Nuclear Deal, State owned Oil and ONGC All Set To Enter Nuclear Sector Natural Gas Corporation (ONGC) is all set to enter the Nuclear Sector arena.

OPEC crude price lower again on Thursday

OPEC crude price lower again on ThursdayVienna - The price for crude oil

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