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 …
U.S. oil companies will be allowed to drill in more areas of the Gulf of Mexico but won only limited access to the Arctic under the final version of the Obama Administration's five year drilling plan that was slammed by industry and some environmentalists. The 2012-2017 plan calls for three …
A Chinese state-run oil company’s offer of tenders to foreign partners for nine oil blocks in the South China Sea has triggered a protest from Vietnam, amid rising tensions between China and several of its neighbours over the disputed region. Vietnam, which had earlier angered China by entering into joint …
People of Tiruvarur district on Wednesday appealed to GAIL India Ltd to take up onshore oil and gas exploration in Mannargudi and Thiruthuraipoondi blocks of the district without affecting the cultivable lands and their livelihood. Speaking at a public hearing organised by the Tamil Nadu Pollution Control Board for onshore …
Increasing discharge of pollutants and booming offshore human activity, such as oil exploration, are worsening China's fragile marine environment, according to an annual report released by the country’s ocean watchdog. The severely polluted sea area surged to 44,000 square kilometers in China in 2011 from 25,000 sq km in 2003, …
New Delhi has to fully factor in its regional strategic and energy needs in its relationship with the US The US recently took the Iran-sanctions monkey off India’s back: it granted India — but not China and Singapore — an exemption from Iran-related financial sanctions in exchange for significant cuts …
Mismatch In Favour Of Production 1st Time Since ’04-05, Prices Drop 25% In 4 Months New Delhi:Strange things are happening in the world of oil. Crude prices have dropped more than 25% in the past four months. Global oil consumption has dropped below global production for the first time since …
Uriamghat, June 6: Oil & Natural Gas Commission Ltd (ONGC) setting up shop along the inter-state border with Nagaland in both Jorhat and Golaghat districts has given Assam the muscle to protect its land in the disputed areas, which are constantly under threat of encroachment from across the border. Upper …
The much-delayed oil pipeline from Paradip to Ranchi via Raipur may see light of day soon. After serious objections by Principal Chief Conservator of Forest (wildlife) over passage of the pipeline through densely forested areas, Indian Oil is ready to clarify its views during the State Advisory Group meeting later …
Non-supply of gas by the Assam Gas Company Ltd (AGCL), following an agitational programme by an organisation blocking Oil India Ltd (OIL) pipelines, has hit production in the tea factories located in the five districts of Tinsukia, Dibrugarh, Sivasagar, Jorhat and Golaghat. It is stated that production in most of …
New Delhi: Even as the coalgate controversy rages, the UPA government could be staring at another damaging report from its official auditor, the Comptroller and Auditor General, as it has started its second audit of four oil and gas blocks and may come up with the final report by the …
Auditor Gives Point-By-Point Rebuttal On Reliance’s Claims Of Lack Of Expertise The Comptroller and Auditor General of India has offered a strong rebuttal of Reliance Industries Limited’s criticism that the auditor excluded its responses in the KG basin report, asserting that the firm got a fair hearing and the production …
Oil is the lifeblood of modern Indian society; its importance in the daily lives of citizens is steadily increasing. At the same time, natural gas is gaining in importance worldwide due to its environment-friendliness and lower cost as compared to oil. Together, oil and natural gas account for about 31 …
Uncertainty prevails over Cairn India’s 74-km section of the 670-km-long Barmer-Jamnagar crude oil pipeline. Landowner farmers in 24 villages of Salaya and Bhogat taluks in Jamnagar district are demanding adequate compensation for the pipeline passing through their fields. Work remains suspended unofficially since August 2010, and officially since April 26. …
As the controversial oil and gas drilling practice known as hydraulic fracturing continues to spread, governments around the world are grappling with how to regulate it. What should happen to the waste after the process, called fracking, ends? What taxes should oil and natural gas companies pay? What about earthquakes …
Rangarajan to head committee, to press for revision in terms of production sharing contracts for future deals. A committee headed by C Rangarajan will review terms of the contract that oil & gas companies sign with the government, after a controversy between Reliance Industries and the oil ministry over declining …
China National Offshore Oil Corporation (CNOOC) Limited, the listed unit of the country's largest offshore oil producer, announced Thursday that the company has made a new oil discovery in the Bohai Sea. According to CNOOC Ltd, the new discovery LD 21-2 is located in the inverted structure belt of LD …
New Delhi: Finance minister Pranab Mukherjee on Wednesday laid the onus of the petrol price hike on oil marketers. “The decision has been taken. Petrol is a deregulated commodity,” he said. The government had freed petrol prices in June 2010 when crude came down to around $40 a barrel from …
Shortly before Thanksgiving in 2010, the leaders of the commission President Obama had appointed to investigate the Deepwater Horizon oil spill in the Gulf of Mexico sat down in the Oval Office to brief him. After listening to their findings about the BP accident and the safety of deepwater drilling, …
The mystery surrounding the deaths of at least 877 dolphins in Peru deepened on Wednesday as the government said human activity was not to blame but failed to pinpoint a natural cause for the massive die-off. A final report from the Peruvian government's Ocean Institute, which manages one of the …
A Peruvian minister has denied claims that explosions used in oil exploration are to blame for the deaths of hundreds of dolphins. Fisheries Minister Gladys Triveno said a government investigation showed that natural causes were to blame. She contradicted a study by an environmental group which suggested that explosions had …
