CBM - Latest News on CBM | Read Breaking News on Zee News

CBM producers can't charge more than natural gas: Oil Min

Last Updated: Monday, April 28, 2014, 20:48

GEECL was able to charge higher price as the five year validity of the USD 6.79 per mmBtu rate approved in 2008, had expired.

RIL to begin CBM gas production in 2015-16

Last Updated: Monday, January 20, 2014, 15:45

Reliance Industries Ltd (RIL) plans to start production of natural gas from coal seams, called coal-bed methane (CBM), in Madhya Pradesh from 2015-16.

Coal India to get right to explore CBM gas

Last Updated: Wednesday, November 27, 2013, 17:32

State miner Coal India Ltd (CIL) would soon be empowered to explore coal bed methane (CBM) gas in its mines, Petroleum Secretary Vivek Rae said Wednesday.

India, Pak review implementation,strengthening of nuclear CBMs

Last Updated: Friday, December 28, 2012, 18:56

India and Pakistan on Friday reviewed implementation and strengthening of existing nuclear Confidence Building Measures (CBMs) as well as possibilities for mutually acceptable additional CBMs.

No need for CAG audit of CBM blocks: Rangarajan panel

Last Updated: Wednesday, December 26, 2012, 17:03

The Rangarajan Committee has said official auditor CAG need not audit RIL`s CBM blocks as they are governed by different contractual regime.

PM refers CBM pricing proposals of RIL, Essar to PMEAC

Last Updated: Wednesday, October 10, 2012, 00:02

Prime Minister Manmohan Singh has referred the coal-bed methane or CBM pricing proposals of Reliance Industries and Essar Oil to PMEAC Chairman C Rangarajan for examination, Oil Minister S Jaipal Reddy said.

GECL expects to go for drilling of core wells by this year

Last Updated: Thursday, October 04, 2012, 15:42

Coal-bed methane (CBM) company Great Eastern Energy Corporation (GEECL) today said it is hopeful of going in for drilling of core wells by this calendar year with an estimated investment of around Rs 100 crore at Mannargudi block in Tamil Nadu.

OilMin repeats query on CBM gas pricing to RIL

Last Updated: Sunday, July 15, 2012, 14:29

Days before a 60-day deadline for approval of RIL's import parity pricing of gas to be produced from below coal-seams (CBM) expired, the Ministry on July 12 asked the company to explain the fixed component in the pricing formula, sources said.

DGH rejects RIL's CBM gas price

Last Updated: Wednesday, July 04, 2012, 16:47

In a sudden U-turn, upstream oil regulator DGH has rejected the price Reliance Industries had proposed for CBM gas saying the process followed was not in conformity with oil ministry guidelines.

Oil Min looks set to reject RIL's CBM price

Last Updated: Sunday, July 01, 2012, 17:54

The Petroleum Ministry looks set to reject the price Reliance Industries has proposed for gas it will produce from below coal seams, CBM, citing a 2010 ruling of the Supreme Court that had not commented on CBM pricing.

Oil Min to decide on RIL's CBM gas price formula

Last Updated: Tuesday, April 24, 2012, 17:28

Stating that rules provide for the government to approve gas sale price formula within 60 days, the Oil Ministry on Tuesday said it will decide on Reliance Industries' February 21 proposal for pricing of CBM gas "in line with the provisions".

RIL seeks USD 13/MMBtu price for CBM

Last Updated: Wednesday, March 07, 2012, 19:49

Reliance Industries has sought government nod for selling gas, that it will produce from coal seams in Madhya Pradesh, at a price close to USD 13 per mmBtu.