1. admin

    IOC to buy stake in proposed PNW LNG terminal

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    Indian Oil Corp. Ltd. (IOC) has signed an agreement with Progress Energy Canada Ltd., Calgary; Pacific Northwest LNG Ltd. (PNW LNG), Vancouver, BC; and Malaysia’s Petronas in which affiliates of IOC will purchase 10% interest in the proposed PNW LNG export facility on Canada’s west coast and Progress Energy’s LNG-destined...
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    Think US natgas can threaten Russia? Think again

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    The prospect of the U.S. harnessing its soaring natural gas reserves to stay Russia’s heavy hand in Ukraine may be far easier said than done. In the days after Ukraine’s political turmoil and Russia’s subsequent incursion into Crimea, a groundswell of support has emerged for the U.S.—which is expected to...

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