National: Move to double fuel stations will not be economically viable The enhanced competition will hurt dealers and oil marketing companies. Also, the demand for petrol and diesel is likely to moderate with emphasis being given to CNG and electric vehicles. Can fuel retailers in India sustain their operations, profitability and return on investment? That […]
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Ludhiana gets first CNG filling station
National: Ludhiana gets first CNG filling station Efforts on to set up more such stations, says DC In what may be a good news for residents, the supply of clean compressed natural gas (CNG) has started in the city. The first CNG filling station opened at Sardar Bachan Singh HP Petrol Pump, Balloke. The filling […]
NH bans off-shore oil and gas drilling
RYE Gov. Chris Sununu signed a bill into law Tuesday that bans oil and natural gas drilling off New Hampshire’s coastline.
Natural Gas, Crude Prices Slip in EIA’s Latest Forecast
INTERNATIONAL Natural Gas, Crude Prices Slip in EIA’s Latest Forecast Surging domestic production again prompted the Energy Information Administration (EIA) to lower its Henry Hub spot price average for 2020, and the crude forecast also moved lower on a weakening global economy. The Henry Hub spot price is forecast to average $2.55/MMBtu next year, according […]