Shale gas is an unconventional fossil fuel as compared to normal natural gas which is trapped in reservoir formed by impermeable rocks. The shale gas is stored within the pores of the shale rocks which work both as a source and the reservoir.USA and Canada have discovered the shale gas and are...

Acquiring assets on a worldwide scale is strategically important for any country's fruitful implementation of plans for manifold growth and development. It is essential for energy security and sufficiency. With the widespread scarcity of oil sources in the non-OPEC countries acquisition of oil...

Oil is the world‘s biggest and most pervasive business, the greatest of the great industries that arose in the last decades of the nineteenth century.These words of Daniel Yergin in his book, The Prize (1991), which chronicles the development of the world‘s oil industry, highlight the...

As India is opening up its regions of oil & gas Exploration, Production, Refining and Marketing and is set to become a potential exporter in this multi-billion dollar industry. India is well placed to be a major player in the hydrocarbon value chain as it has 20 refineries with a total refining...

Natural gas has emerged as the most preferred fuel due to its inherent environmentally benign nature, greater efficiency and cost effectiveness. The demand of natural gas has sharply increased in the last two decades at the global level. In India too, the natural gas sector has gained...

The world is facing two major energy problems - climate change and peak oil. The depleting oilfields are on the rise. Oil companies are going farther into the ocean to dig deeper in their quest for the fossil fuels. Some have even started their exploration activities in the Arctic Ocean and the...

‘If you want to rule the world you need to control the oil. All the oil. Anywhere.’ Michel Collon, Monopoly Iraq, Iran, Kuwait, and Saudi Arabia have more proven oil reserves than the rest of the world combined. This Black diamond (Crude Oil) is the world's most important commodity due to...

The downstream sector has been facing several challenges in the recent times. One of the most important challenge being the development of efficient supply chain to meet the ever increasing demand. Besides, there are other factors like reducing the operational costs, regulatory policies relating...

The role of natural gas is of critical importance in the global gas markets. The last thirty years have seen a shift in the global energy fuel mix towards an increased role for natural gas. The competition between coal and natural gas has tremendous implications for air pollution and climate...