The 2025 Interconnected Disaster Risks report shifts focus from diagnosing problems to mapping out solutions. It establishes that many of today’s solutions are surface-level fixes, and that to create lasting change, we need to question the societal structures and mindsets that perpetuate these challenges. The report offers a more holistic …
GAIL pulled up for undue benefit of Rs 246 crore to private firms The Comptroller and Auditor General (CAG) has pulled up Oil and Natural Gas Corporation (ONGC) for hiring a drilling rig from Reliance Industries (RIL) without calling for competitive bids. It also indicted GAIL (India) for giving over …
New Delhi: The comptroller and auditor general (CAG)has slammed state-run explorer Oil and Natural Gas Corporation (ONGC) for deviating from standard procedure to hire a drilling rig without sufficient reason from Mukesh Ambani’s Reliance Industries Ltd in 2009. ONGC “deviated from standard tendering procedure and hired a rig, viz Dhirubhai …
The Comptroller and Auditor General (CAG) has said Oil and Natural Gas Corporation (ONGC) did not try hard enough to complete the committed work in 75 per cent of the blocks it had acquired through bidding. Also, ONGC could not monetise the discoveries made during the 2002-2011 period, leading to …
ONGC Videsh Ltd (OVL), the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), is eyeing stake in Russia’s ambitious Arctic Ocean oil and gas projects with US major ExxonMobil and Italian energy giant ENI. OVL on May 4 wrote to Russian state oil company Rosneft expressing interest in …
IMPHAL: There shall be no public hearings relating to oil exploration in Manipur. On Friday, a public hearing held at Nungba in Tamenglong district had to be wound up following protests from the villagers. The private company had plans to explore oil in 17 different places of the State. The …
Include exploration & production in NEIIP list, say energy companies. Energy firms such as ONGC, Oil India, Jubilant Energy and Assam Company have urged the government to include oil and gas exploration and production (E&P;) business in the list of industries getting fiscal incentives in the North East. The North …
New Delhi The Cabinet Committee on Economic Affairs (CCEA) is likely to consider awarding of eight more oil and gas blocks that were offered in the ninth round of bidding under New Exploration Licensing Policy (NELP), on Tuesday. The government had offered 34 areas for exploration and production of oil …
New Delhi State-run oil explorer ONGC said on Saturday it has made a huge oil discovery off the west coast that will help the state-owned firm raise its sagging oil output. The new discovery was made in the currently producing D1 oilfield. The find “will catapult D1 to become the …
Jaisalmer: Public sector company Oil India Ltd (OIL) has for the first time found oil reserves at Poonam Singh ki Dhani in Nachna area of Jaisalmer 1,230 metre below the ground. According to sources, digging of oil well is going on at the allotted block RJON 2004/2 NILP/16 in Nachna …
'Public hearing organized by the Manipur Pollution Control Board to gauge the opinion of the people was a dismal show' IMPHAL: The attempt of Indian government to explore oil at Jiribam sub-division of Imphal East district has started facing rough weather with all sections of people objecting to it. It …
IMPHAL, July 31 – Manipur-based Naga bodies have strongly objected to oil exploration activities in Tamenglong and Churachandpur and Jiribam subdivision of the State. “The surreptitious activities of the Government of India and the Government of Manipur in extending a license to a multinational company for oil exploration in Tamenglong, …
The government unveiled a draft new policy for private participation in exploration and exploitation of shale oil and gas in the country. The move is in line with the government policy of attracting private investment for achieving self-reliance in the indigenous production of oil and gas, according to the policy …
A coalition of countries and agencies seeking to curb Earth-warming pollutants like soot released by wood-fired ovens and methane from oil extraction, on Tuesday welcomed seven new members to its fold. At a meeting in Paris, the Clean Air and Climate Coalition, launched by U.S. Secretary of State Hillary Clinton …
Even before the dust settled on the presidential polls on Thursday, a revitalised Prime Minister’s Office (PMO) set in motion a plan to bolster investor confidence, revival of which is crucial to create demand required for propping up the economy. Prime Minister Manmohan Singh has decided to set up a …
The petroleum ministry on Tuesday promised expeditious clearances to a proposal made by Mukesh Ambani-run Reliance Industries (RIL) and partner BP India to make fresh investments at four blocks at its KG-D6 gas field. The move comes amid RIL’s legal battle with the government over the latter disallowing the desired …
Government Likely To Hike Prices After Prez Polls If Upward Trend Continues. Crude price has breached the psychological $100 a barrel mark once again after a gap of 45 days and is expected to squeeze the space for opposition to an upward revision in fuel prices. State-run refiners paid $100.50 …
Six Months After Govt Nod, PSU Looks At Financial Viability Gandhinagar: Just six months after the Gujarat government reluctantly decided to give a go ahead to Egyptian operations of the PSU, Gujarat State Petroleum Corporation (GSPC) has called for a complete review of whether it is worth continuing. Well-placed Sachivalaya …
Drawing India into the South China Sea muddle, China has put up a Vietnamese petroleum block under exploration by an Indian oil firm for global bidding. While the move was meant to counter a Hanoi legislation asserting the country’s control over offshore areas and islands, which Beijing considers disputed, it …
Activists protesting against the company's plans to drill for oil in the Arctic have targeted London and Edinburgh Greenpeace activists shut down 74 Shell petrol stations in Edinburgh and London in a protest against the company's plans to drill for oil in the Arctic that saw 24 campaigners arrested on …
The Petroleum and Natural Gas Ministry has warned the Prime Minister’s Office (PMO) that unless proactive efforts are made to fasten the process of pending clearances for oil and gas blocks, the country could witness an ‘exodus’ of foreign companies and billions of dollars of investments. Foreign oil and gas …
