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 …
Efforts to unlock the UK’s potentially significant shale gas reserves suffered a setback after a report found that fracking, the technique used to extract the gas from underground rocks, was the “highly probable” cause of two minor earthquakes in the Blackpool area in the spring. Cuadrilla Resources – the UK …
A working group on petroleum & natural gas sector for the 12th Fiver Year Plan (2012-17) has been constituted by the Planning Commission with participants from different departments of Government of India, energy experts and concerned public & private sector oil companies. The working group report reviews the achievements of …
Transocean, the owner of the Deepwater Horizon drilling rig that sank in the Gulf of Mexico last year, is planning to take further legal action against BP as it seeks to prove that the British company should be liable for almost all the costs of the disaster. Legal arguments from …
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 …
China plans inspections of coastal regions for potential pollution risks from oil spills, the official Xinhua News Agency said. The inspections were aimed at enhancing awareness among local governments and companies about safe production, and establishing mechanisms to prevent oil leaks, Xinhua reported, quoting Ministry of Environmental Protection (MEP) spokesman …
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. …
Delhi Risking Country’s Energy Security & Growth, Warns Chinese Paper Beijing:Within days of Prime Minister Manmohan Singh hosting Vietnamese president Truong Tan Sang, Chinese leaders are leaning on Vietnam to cancel the country’s oil exploration deal with India in the South China Sea. Xinhua, China’s official news agency, on Sunday …
New Delhi Despite Chinese objections to India's deals with Vietnam for oil exploration in the South China Sea, which Beijing claims in full, India and Vietnam on Wednesday sealed an oil exploration accord in the Vietnamese waters of the sea. At the end of talks between Prime Minister Manmohan Singh …
In an effort to boost strategic and economic ties, India and Vietnam on Wednesday signed an agreement on oil exploration along with an extradition treaty. The two countries also decided to launch a security dialogue between the Home ministries. After talks between Prime Minister Manmohan Singh and the visiting Vietnamese …
The Interior Department formally cited BP and its two chief contractors on Wednesday for numerous safety and environmental violations in the operation of the doomed Deepwater Horizon well. The citations, which could lead to millions of dollars in fines, arose from an investigation of the April 2010 explosion that killed …
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 …
Notwithstanding China’s objections, India is expected to further intensify its cooperation with Vietnam in the hydrocarbon sector. The issue is likely to figure prominently during talks between Vietnam President Truong Tan Sang and Prime Minister Manmohan Singh here on Wednesday. Indian officials said the Gas Authority of India Ltd (GAIL) …
Unfazed by Chinese objections, India and Vietnam today inked an agreement to promote oil exploration in South China Sea along with a slew of pacts, including an extradition treaty, to deepen trade, security and strategic ties between the two countries. In all, six agreements were signed after the Vietnamese President …
Unfazed by Chinese threats, Vietnam President Truong Tan Sang today said India and other foreign nations were welcome to explore hydrocarbons in areas within his country's jurisdiction, as he sought to deepen strategic and defence ties with New Delhi. Ahead of his maiden state visit to India from Tuesday, President …
Sri Lankan President Mahinda Rajapaksa on Sunday officially announced the finding of a natural gas field in the northwestern seas off Mannar for the first time. Addressing a function at the President's official residence in Kandy, the President has announced that Cairn Lanka, the company conducting the exploration has discovered …
Chevron Corp. is enlisting the sun to help drain the sludge-like dregs of crude from an aging oil field. Chevron is keen to extract this thick crude by heating it with steam. Historically, oil companies have used natural gas to create the energy for the steam. Here in Coalinga, the …
Extraction and transportation of mineral resources today presents an increasing social problem, leading to environmental damage and the violation of human rights. In addition to economic and social controversies as well as political problems (such as corruption amongst state and local authorities), it caused population displacement on a large scale. …
The purpose of this Petroleum Exploration and Production Policy 2011 (Policy) is to establish the policies, procedures, tax and pricing regime in respect of petroleum exploration and production (E&P;) sector.
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 …
Jorhat, Sept. 28: Project Rupantar, an ongoing corporate social responsibility project of Oil India Limited, Duliajan, to develop and support self-help groups, has been selected as one of the 12 best case studies amongst corporate initiatives carried out in the global oil and gas industry. The project will be showcased …
