Natural Gas Exploration

Order of the National Green Tribunal regarding violation of environmental norms by a tyre pyrolysis plant, village Sakauti, Shamli, Uttar Pradesh, 28/05/2025

Order of the National Green Tribunal in the matter of Dr. Amit Kumar Vs State of Uttar Pradesh & Others dated 28/05/2025. The applicant has raised a grievance against setting up of a tyre pyrolysis plant by M/s Adideva Carbon LLP. According to the applicant, the tyre pyrolysis plant has …

New EU Rules Seek To Avoid Repeat Of BP Oil Spill

The European Union Thursday unveiled draft plans to regulate offshore oil and gas across the bloc and guard against a repeat of BP's catastrophic Gulf of Mexico spill as firms drill deeper to tap remaining reserves. The proposals are the first attempt to regulate the offshore industry across the 27-member …

Big Gas Find for Italy's Eni

Eni SpA, the Italian energy giant, has made a very large natural-gas discovery off the coast of Mozambique, big enough that it could turn the East African country into a major exporter of gas to Asia. The company's first well in a deepwater exploration campaign has found about 15 trillion …

Warming Revives Dream of Sea Route in Russian Arctic

Rounding the northernmost tip of Russia in his oceangoing tugboat this summer, Capt. Vladimir V. Bozanov saw plenty of walruses, some pods of beluga whales and in the distance a few icebergs. With an icebreaker leading the way, the Vladimir Tikhonov, carrying gas condensate, passed Cape Dezhnev in late August. …

BP to Invest £4 Billion in North Sea Oil

BP PLC Thursday reaffirmed its commitment to developing oil and gas resources in the U.K. North Sea by announcing a £4 billion ($6.30 billion) investment in the giant Clair field, as the British oil producer devotes its highest-ever annual investment to its home market. BP's U.K. investment, which will stand …

Hearing Focuses on Air Quality at Wells

Residents living amid oil and gas well sites urged federal environmental regulators Thursday to implement rules that would require the industry to capture almost all of the smog-producing compounds it now releases while drilling. The resurgence of domestic onshore oil and gas drilling has created thousands of jobs and produced …

Sand Mining Emerges As Another Fracking Threat

Fracking, the latest craze in the quest to produce oil and gas, has been blamed for environmental problems ranging from flammable tap water to minor earthquakes. Now a new risk is emerging: sand mining. To squeeze hydrocarbons out of shale through hydraulic fracturing of the rock -- the process known …

New York Fracking Lawsuit Could Set Drilling Precedent

A lawsuit challenging a small town's ban on natural-gas drilling could have implications throughout New York, where state officials are poised to approve a controversial drilling method known as fracking. Anschutz Exploration Corporation filed suit on Friday against Dryden, a rural suburb of Ithaca with about 13,000 residents that last …

Setback for BP over Macondo disaster liability

There is expected to be intense bargaining over the size of any payment concerning the Deepwater Horizon blast Mistakes made by other companies on the Deepwater Horizon drilling rig do not affect BP’s potential liability for gross negligence in the Macondo disaster last year, US legal experts have said, keeping …

Despite Probe, SEC Says Not Regulating Fracking

The U.S. Securities and Exchange Commission wants to ensure drilling companies are not misleading investors about their natural gas reserves but is not cracking down on a practice of hydraulic fracturing, its chairman said on Thursday. The SEC issued subpoenas to ExCo Resources Inc and Quicksilver Resources Inc last month …

BP Shortcuts Led to Gulf Oil Spill, Report Says

BP, running weeks behind schedule and tens of millions of dollars over budget in trying to complete its troubled Macondo well in the Gulf of Mexico, took many shortcuts that contributed to the disastrous blowout and oil spill there last year, federal investigators concluded in a report released on Wednesday. …

New York Extends Period For Comments On Fracking

New York's environmental body on Wednesday extended a public comment period on proposed rules for natural gas drilling in the state, frustrating companies eager to exploit its rich natural gas deposits. The New York Department of Environmental Conservation extended the comment period for its draft environmental impact statement on drilling …

Report Outlines Rewards and Risks of Upstate Natural Gas Drilling

Natural gas drilling using a controversial technique known as hydraulic fracturing could create up to 37,000 jobs and generate from $31 million to $185 million a year in added state income taxes for New York at the peak level of well development, according to analyses in a report commissioned by …

Chinese oil spill raises concerns for foreign groups

An oil spill off the coast of China at a field operated by ConocoPhillips has sparked concerns about discrimination against foreign companies and underscored how Chinese regulators are getting stricter on pollution. China, the world’s biggest consumer of energy, has ambitious plans to develop offshore oil and gas, particularly in …

Before Release, a Hydraulic Fracturing Study for the State Draws Skepticism

New York State environmental officials commissioned a study of impacts of natural gas hydraulic fracturing from a consulting firm that counts oil and gas companies among its clients and that could gain business from increased drilling in the state. The $223,000 study of the effects of “hydrofracking” on the economy …

Arctic Has Great Riches, But Greater Challenges

At the rim of the Arctic Circle in Canada, gold mining firm Agnico-Eagle is learning how tough it is to operate in a remote region with temptingly large, but frustratingly inaccessible, reserves of oil, gas and minerals. Commentators rarely mention nightmarish logistics, polar bears and steel-snapping cold when they confidently …

Fracking stirs controversy in South Africa

A controversial method for extracting natural gas — hydraulic fracturing or fracking — is stirring an environmental and property rights debate in South Africa. The controversy stems from concerns over the safety of the technology, which uses large amounts of clean water mixed with sand and various chemicals to crack …

Exxon, Rosneft tie up in Russian Arctic, US

Exxon Mobil Corp and Rosneft signed an agreement to extract oil and gas from the Russian Arctic, in the most significant U.S.-Russian corporate deal since President Barack Obama began a push to improve ties. The pact, which includes an option for Rosneft to invest in Gulf of Mexico and Texan …

Exxon, Rosneft Tie Up In Russian Arctic, U.S.

Exxon Mobil Corp and Rosneft signed an agreement to extract oil and gas from the Russian Arctic, in the most significant U.S.-Russian corporate deal since U.S. President Barack Obama began a push to improve ties. The pact, which includes an option for Rosneft to invest in Gulf of Mexico and …

New USGS Report Clouds the Future of Gas Drilling in the Marcellus Shale Formation

The U.S. Geological Survey has just issued a new report on the amount of natural gas in the Marcellus Shale formation, and the findings add to the growing uncertainty over just how profitable new gas wells in the region will be over the long run. Drilling in the Marcellus, a …

Exxon and Rosneft sign Arctic deal

ExxonMobil has formed an Arctic exploration partnership with Rosneft, the Russian state oil company, in a strategic coup over rival BP. In return, Exxon, the world’s largest oil company by market capitalisation, will give the state-controlled Russian group minority stakes in projects in the US Gulf of Mexico, in onshore …

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