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 …

Realty, media firms keen on oil hunt

Rakteem Katakey Big oil companies may be keeping away from exploring for oil in India, but guess who's keen on taking advantage of soaring oil prices? These range from realty companies to oil services company. Even a media company

China and Japan clinch gas deal

By Mure Dickie in Beijing and Michiyo Nakamoto in Tokyo Published: June 19 2008 03:00 | Last updated: June 19 2008 03:00 Beijing and Tokyo are to work together to exploit gas reserves in disputed waters of the East China Sea, under a long-awaited deal demonstrating the determination of east …

OVL team submits $3 b plan for Iranian gas block

The block has one billion barrels of oil also National Iranian Oil will market the product After the successful discovery of crude oil in three wells of Farsi block in Iran, a consortium led by ONGC Videsh (OVL) and comprising Indian Oil Corporation and Oil India Limited (OIL) have submitted …

Reliance to commission new Jamnagar refinery this year

MUMBAI: Reliance Industries is now on the verge of a quantum leap in one of its several growth platforms, energy, Chairman and Managing Director Mukesh Ambani said here on Thursday. "Two large projects, founded on the energy growth platform, will be commissioned in the second half of this financial year. …

Higher investment allowed in energy sector abroad

The Reserve Bank of India on Tuesday allowed Indian companies to invest in overseas energy and natural resources sectors such as oil, gas, coal and mineral ores in excess of the current limits with prior approval of the central bank. "With a view to providing greater flexibility to Indian parties …

Lack of skilled manpower is another concern

The government can partly keep crude import bill and prices under control by supporting oil companies in acquiring rigs for exploration of domestic hydrocarbon sources, according to industry body Assocham said. Currently, 70 per cent of India's petroleum, oil and lubricant requirements are met through imports which might go up …

Gas shortage

Rising oil prices is forcing Gulf states to invest in gas production. Some analysts estimate that the cumulative supply shortfall for the six countries of the Gulf Co-operation Council up to 2015 will reach at least 7,000bn cubic feet. To put the number into perspective, according to BP the UK's …

OIL signs pact for blocks in Libya

In a major breakthrough for the state-run Oil India Limited (OIL) in securing oil and gas assets abroad, the company and its partners have entered into an agreement with National Oil Corporation of Libya for four exploration blocks in that country that are estimated to hold two trillion cubic metres …

ONGC plans massive exploration in Tripura

The Oil and Natural Gas Corporation (ONGC) has announced to go for large-scale exploration work in Tripura with the increasing investment scope in the power sector and medium-scale industries in the State. ONGC officials said here today that the exploration would commence at Tulamura under Belonia subdivision from the first …

Kiev cancels licence in hydrocarbon rights dispute

The Ukrainian prime minister cast a shadow over a strategically important hydrocarbon exploration project yesterday, openly accusing a US energy company leading the venture of holding backroom talks with Russia's Gazprom. Announcing her government had repealed an exploration licence off Ukraine's Black Sea coast for Houston-based Vanco Energy, Yulia Tymoshenko …

ONGC plans to invest Rs 3,570 cr in its existing oil & gas fields

Public sector ONGC on Saturday said it has achieved highest reserve accretion of the decade and would invest Rs 3,570.6 crore for maintaining, revamping and enhancing its oil and gas production from existing fields. The board of the company has approved investment proposals aggregating Rs 3,570.6 crore for maintaining, revamping …

Take swift decision on coal mining, gas exploration

The business people in the port city on Wednesday urged the government to be aggressive in taking decision on coal mining and gas exploration to help rapid industrialisation and accelerate economic growth. Addressing a reception accorded to the newly elected office bearers of Federation of Bangladesh Chambers of Commerce and …

Speeding up exploration

For a large enterprise such as Oil India Ltd (OIL), which has a number of offices including those at remote locations, information integration is important for enabling transparency and speedy decision-making. Oil India wanted to have a system that would integrate its processes and systems to streamline oil exploration, production …

Govt may restore tax sop on oil, gas production

In a major relief to companies like Reliance Industries, the government is likely to restore a 7-year income tax holiday on oil and gas production as it was a sovereign commitment to companies investing in the nascent sector. But uncertainity continues over the same tax break being extended to refineries …

Apache, Santos to build $800m gas project

Apache Corp., the US oil and gas company operating on five continents, and Santos plan to build an $800 million natural gas project in Western Australia to benefit from rising prices for the fuel. The partners have approved the Devil Creek project, which will tap gas from the offshore Reindeer …

India, Turkmenistan to sign historic pact on natural fuel today

New Delhi and Ashgabat will on Saturday sign a historic pact that would give India a footing equal to the Chinese in Turkmenistan. The MoU would open avenues for bilateral cooperation between the two countries in the upstream and downstream hydro-carbon activities. Though Turkmenistan has offered off-shore exploration blocks to …

India eyes Africa for oil, gas assets to meet energy needs

Alarmed by the growing influence of China in the oil and gas sector in many African countries, India has decided to turn its focus from the OPEC countries to the African nations for acquisition of oil and gas assets to meet surging energy requirements. Not only has India offered to …

ULFA warns oil firms against seismic surveys

Banned outfit ULFA has warned ONGC and Oil India Limited (OIL) to desist from carrying out seismic exploration of hydrocarbons in the Brahmaputra valley in the interests of safeguarding historic monuments, archaeological sites and environment of the state as a whole. The ULFA' warning has given a new twist to …

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