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 …

GSPC hits gas in KG

New Delhi, July 16: Gujarat State Petroleum Corp (GSPC) has struck a

Sri Lanka in pact with Cairn India

B. Muralidhar Reddy COLOMBO: Sri Lanka Government on Monday signed an agreement with Cairn India for exploration of hydro-carbon and natural gas in the Mannar Basin in the north. Sri Lanka Minister of Petroleum and Petroleum Resources A. H. M. Fowzie, and Chief Financial Officer of Carin India, Indrajith Benerijee, …

Political price

LONG before the fuel price increase was announced on June 4, its political dimensions had come up time and again in discussions among partners of the United Progressive Alliance (UPA) government at the Centre. The debate was on even during the run-up to the Assembly elections in Karnataka, which were …

No tax breaks: poor response feared for NELP VII

Sujay Mehdudia NEW DELHI: With the Finance Ministry clearing the air on the tax breaks for oil and gas production related activity, the seventh round of the New Exploration Licensing Policy (NELP) could well evoke poor response from the international and domestic investors. While refusing to extend any further the …

Restore tax breaks for oil, gas producers: Deora writes to PM

With Petroleum and Natural Gas Minister Murli Deora petitioning Prime Minister Manmohan Singh for restoration of tax breaks for producers of oil and gas, the final call on the issue is likely to be taken by the Union Cabinet. A decision is expected before June 30, the last date for …

Gas discovered in Ghotki

A Malaysian-based company, Petronas Pakistan Limited, has made a second gas discovery in Mubarak Block, located at Ghotki district in Sindh. According to an announcement on Monday, the discovery was made at the Saqib-1A well which was drilled to the planned depth of 3,780 meters. The well was successfully tested …

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 …

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