Great Eastern Energy Corporation Ltd (GEECL) plans to invest $2 billion in its Raniganj (south) block to explore shale gas. The block is estimated to have reserves of 1.4-6.63 trillion cubic feet (tcf...

The Y.K. Modi-run Great Eastern Energy Corporation Ltd on Thursday said it will start drilling for shale gas as the consultant, commissioned by the company, has placed shale resources at between 1.4 t...