New Zealand would look to a Test loss to try and salvage a victory against India in the third and final Test at the Basin Reserve, batsman Ross Taylor said on Saturday.
Companies like Reliance Industries, which plans to produce natural gas from KG basin from 2008, will have to invite bids from consumers to discover the price of output under a new exercise adopted by the government.
Leading an agitation at the Egmore Railway station in Chennai, Marumalarchi Dravida Munnetra Kazhagam General Secretary Vaiko and VCK Chief Thol Thirumavalavan, along with several workers including those from the Left parties, blocked an express train.
A "gut feeling" choice made by Michael Vaughan to drop his bowling spearheads Steve Harmison and Matthew Hoggard paid enormous dividends for the England captain during the second Test win against New Zealand.
England produced an all-round performance to level the Test series with New Zealand on Monday, winning the second match by 126 runs early on the fifth and final day at the Basin Reserve. Left arm pace bowler Ryan Sidebottom, who captured 10 wickets in the first Test in Hamilton, provided the impetus for the visitors with five wickets in New Zealand's second innings to help dismiss them for 311.
Coca-Cola pledged on Tuesday to conserve seven of the world's most critical river basins under a $20 million plan but skipped India, where it faces protests for allegedly depleting ground water.
RIL has raised the marketing margin to $0.15 per million British thermal unit from $0.12 per mmBtu earlier, a source said. The rate, which would be charged over the $4.20 per million British thermal unit base gas price, is however lower than the $0.18 per mmBtu margin charged by state-run GAIL. The increase, he said, was due to the additional risk of 'ship-or-pay,' an obligation under which the company would be obliged to transport the committed volumes or pay for the gas.
The session of Rajya Sabha came to an end on Friday after passing 12 bills and wasting 19 hours due to disruptions over various issues like imposition of President's rule in Uttarakhand and AgustaWestland helicopter deal controversy.
RFRL Group President A N Sethuraman on September 3 filed three separate applications with the Petroleum and Natural Gas Regulatory Board for licences to sell CNG to automobiles and piped gas to households in Mumbai, Delhi, Gurgaon, Faridabad etc.
Monday's meeting of the empowered group of ministers on pricing of gas from Reliance Industries' D6 block in the Krishna-Godavari basin has proved inconclusive.
A report, by DeGoyler and MacNaughton, has put a question mark on the future production from the five ONGC discoveries.
Not satisfied with wrapping up the first Test in less than three days, New Zealand have vowed to be even more ruthless against Bangladesh in the second Test starting at the Basin Reserve in Wellington on Saturday.
Chris Gayle continued to dominate the build-up to the World Cup quarter-final between New Zealand and West Indies when captain Jason Holder said a decision on his fitness would be delayed until Saturday.
The fertiliser plant would use natural gas from the company's prolific gas field off in Krishna Godavari basin off the Andhra coast as feedstock.
On April 29, the Bombay High Court will start hearing the case between the warring companies, Reliance Industries Ltd (RIL) and Reliance Natural Resources Ltd (RNRL), to reach a quick decision on who will get access to the huge volumes of gas to be produced from RIL's block in the Krishna-Godavari basin. The court will also decide if the central government will be admitted as a party to the case. RNRL would oppose the central government's move to become a party to the case.
RIL is considering this deal as part of a long-term strategic move as the company needs a partner for the level of deepwater drilling that is required at this particular block, industry sources said on condition of anonymity. The potential partners could be among the global energy giants like ExxonMobil, Shell, BP, Total and Petrobras, as these are the companies with required expertise, sources said.
England were "desperate" to win the second Test against New Zealand to end an eight-match streak without a victory, captain Michael Vaughan said on Monday.
England fast bowler James Anderson has thrown an injury scare into his team's hopes of winning the second Test against New Zealand when he injured his left ankle playing soccer after the third day's play in Wellington on Saturday. An England team spokesman told reporters the 25-year-old had turned his left ankle during a game of soccer between members of the England team after the day's play ended.
James Anderson claimed a five-wicket haul to help England dismiss New Zealand for 198 in the first innings.
Environmental campaigners say they hope two outstanding court cases can still stop India's Adani Enterprises Ltd from developing a A$10 billion ($7.6 billion) coal project.
The Oil and Natural Gas Corporation plans to invest over US$ 5 billion to produce 25 million standard cubic meters per day of gas from its eastern offshore Krishna Godavari fields by 2013. The state-run firm on Wednesday submitted to the regulator Director General of Hydrocarbons an appraisal programme of the discoveries it had made in the KG offshore basin, putting the in-place reserves at 6.37 trillion cubic feet. ONGC also plans to produce 8,000 barrels of oil per day.
ONGC Videsh and Cairns India have bid for oil exploration blocks in Sri Lanka.
With Bihar battling floods despite receiving less than normal rains, Chief Minister Nitish Kumar on Tuesday met Prime Minister Narendra Modi, seeking the Centre's intervention as he insisted that desilting the river Ganga is the only solution to avoid the almost annual occurrence of floods.
According to senior RIL executives, more than half the work has been completed on the pipeline, which will transport gas from the KG basin to the RIL refinery at Jamnagar.
New Zealand's pace bowlers ripped through Bangladesh's top order to leave the visitors staring at almost certain defeat at the close of play on the second day of the second Test on Sunday.
New Zealand reached 134 for three in reply Bangladesh's total of 143 on day one of the second Test in Wellington.
The official explained that the contractor would take the worst-case scenario into account "to be on the safe side", when working out the field development plan and the probable cost of exploration and development of the block.
The government is likely to clear the price quoted by Reliance Industries Ltd for its gas from the Krishna-Godavari basin without seeking to control the price.
Reliance in the first phase is developing Dhirubhai-1 and 3, the first two of the 15 discoveries in the 7,645-square- kilometre KG-D6 block. Initial output is likely to be 40 million standard cubic meters per day (mmscmd), which will rise to 60 mmscmd in 2009-10.
Taking part in the discussion of the situation in the Valley on Wednesday, All India Anna Dravida Munnetra Kazhagam MP Navaneethakrishnan couldn't hide his love for Kashmir.
The Norwegian company, which has already taken a 10 per cent stake in the KG-DWN-98/2 block, has the right to double its interests before the gas discoveries are put to production but it is now keen on operatorship and a higher stake in the block, company sources said. ONGC is in dire need of deep water production technology and is likely to agree for a joint operatorship of the block but is not willing to give 30 per cent stake in Norsk Hydro.
A decision to approve an amendment to the act was taken at the Union Cabinet's meeting held earlier this week. The amendment is likely to be introduced in Parliament in its next session.
The 30-year-old paceman is a doubt after rolling his ankle in training on Thursday.
Inducted into the government only a few months ago, he said he would announce his future plans on joining the ongoing Cauvery agitation in a day or two.
The company is in advanced talks with Hindustan Petroleum Corp, Chennai Refinery and Kochi Refineries for sale of 34,000 barrels per day of oil it will start producing from the gas-rich KG-D6 block on Krishna Godavari basin from September. The company is investing $2.234 billion in developing the MA-1 and MA-2 oil fields in the predominantly gas-rich block.
Shares of Reliance Industries plunged on Friday after a court ruling that the Mukesh Ambani-led company can not sell its KG basin gas to any company except NTPC and Anil Ambani group's Reliance Natural Resources.
Petroleum Minister Murli Deora on Tuesday sought a Re 1 per litre cut in excise duty on diesel to contain runaway inflation.
After the euphoria over the recent oil and gas discoveries made by upstream behemoth Oil and Natural Gas Corporation
Injured New Zealand batsman Ross Taylor will test his fitness ahead of next month's World Twenty20 tournament in India when he plays in an 'Island of Origin' match next week.
The ULFA made light of the OIL stand that seismic survey in Brahmaputra riverbed has become necessary,
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