It is generally known and accepted that Indonesia has one of the largest CBM reserves in the world estimated at approximately 453 trillion cubic feet. Coupled with policies welcoming foreign investments into the sector, and Indonesia’s rapidly growing domestic demand for Natural Gas, Indonesia’s CBM sector is now a potential lucrative cash cow for CBM [...]

Green Dragon Gas Ltd (AIM: GDG), the Chinese coal bed methane (“CBM”) business, today announces an update on its continued success in developing its large coal bed methane resource across its six blocks in conjunction with its joint-venture partner, CUCBM. BLOCK WELLS DRILLED 2008 TOTAL WELLS COMPLETED TO DATE WELLS ONLINE/ DE-WATERING CURRENT WELL DRILLING [...]

Since Indonesia announced in November 2007 to offer investors a 45 percent production split for coalbed methane contracts in an effort to attract funds into the sector, there has been several successful contracts taken up. In that same month, Director General oil and gas Luluk Sumiarso said the government will sign a CBM contract with [...]

As the Chinese economy enjoys robust growth, satisfying the country’s energy appetite is becoming a daunting challenge and a top priority for President Hu Jintao and his government. And China is turning to coal as the key to their energy security. China already relies on coal to generate three-quarters of its electricity, and the coal [...]

The CBM World series has provided CBM stakeholders with a unique opportunity to get timely updates on the industry and build new business through networking with government permit issuers, leading technology providers, coal mining companies, gas exploration companies, mining consultants, and relevant industry leaders. CBM World has sourced the latest CBM regulations, scouted the latest [...]