Wednesday, September 16, 2026

Gas Locked in Hydrate Formations May Exceed all Known Supplies: USGS

Could Turn India from Energy Importer to Exporter From Bloomberg A joint expedition by India and the U.S. discovered a major deposit of natural gas in the Indian Ocean, offering the potential to significantly expand energy production in a region that’s currently a big importer. India’s Ministry of Petroleum and Natural Gas and the U.S. Geological Survey struck a large, highly

Petrobras to Reduce Role in Brazil’s Natural Gas Industry

From Reuters State-controlled oil company Petrobras said on Tuesday it plans to scale back its role in Brazil’s natural gas industry by selling or sharing control of pipelines and opening its liquefied natural gas (LNG) terminals to third parties. The move by Petroleo Brasileiro SA, as the company is formally known, is part of a wider move to reduce its