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 …
A middle class hooked to subsidies has perpetuated the system of handouts and scuttled reform The acronym LPG has several expansions. It stands for liquefied petroleum gas. It stands for liberalisation, privatisation and globalisation, a term of abuse used by those with Leftwing persuasions. It stands for life plundered by …
India is being pulled into a complex and increasingly tense territorial dispute in the South China Sea, with China repeatedly warning ONGC, the Indian state oil company, that its joint exploration plans with Vietnam amount to a violation of Chinese sovereignty. The Indian government responded to the latest Chinese warnings …
China is clamping down on offshore oil drillers after a spill by U.S. firm ConocoPhillips in Bohai Bay, requiring tighter controls in a campaign to beef up environmental protection standards ordered by Premier Wen Jiabao. The leak from the Conoco-operated field, while disastrous, emitted less oil in three months than …
Both Countries Have Announced Oil Exploration Plans In Other’s Waters New Delhi: The oceans are the new theatre of India-China competition, but one with possible security implications. Soon after India announced its decision to go ahead with oil exploration in South China Sea with Vietnam, China on Saturday said it …
UPA allies join hands with Opposition to slam petrol price hike Oil protests force govt to put off meet on LPG: UPA allies join hands with Opposition to slam petrol price hike The Trinamool Congress and the DMK today forced the government to hold back any move to limit the …
With today’s price hike of Rs 3.14 per litre and Punjab’s unwillingness to reduce state taxes, petrol prices in the state are amongst the highest in the country at Rs 74.5 per litre. Karnataka is the only place in India, where petrol is costlier than Punjab (at Rs 74.81 per …
As External Affairs Minister SM Krishna headed to Hanoi, India and China appeared on a collision course over Beijing’s objection to ONGC Videsh Limited’s (OVL) plans to undertake oil exploration in two Vietnamese blocks in the South China Sea. “Our cooperation with Vietnam or any other country is always as …
The U.S. Securities and Exchange Commission wants to ensure drilling companies are not misleading investors about their natural gas reserves but is not cracking down on a practice of hydraulic fracturing, its chairman said on Thursday. The SEC issued subpoenas to ExCo Resources Inc and Quicksilver Resources Inc last month …
Greenpeace has shifted its campaign focus toward confronting polluting companies, away from lobbying deadlocked U.N. climate talks, the global head of the environmental group told Reuters on the eve of its 40th anniversary. The group was exploring a new strategy to target banks which backed fossil fuel companies and nuclear …
CAG Says Ministry Was Aware Of Flaws In Decision But Didn’t Do Anything The oil ministry turned a Nelson’s eye as its regulatory arm for exploration manoeuvred a U-turn to allow Mukesh Ambani’s Reliance Industries Ltd to retain the entire Andhra offshore acreage against the “written word” of the contract …
RIL violated production sharing contract in KGD6: CAG NEW DELHI: The government's auditor has accused Mukesh Ambani's Reliance Industries Ltd of violating terms of the contract for its showcase Andhra offshore acreage and expressed doubt over the costs at which India's biggest private sector oil company contracted goods and services …
New York's environmental body on Wednesday extended a public comment period on proposed rules for natural gas drilling in the state, frustrating companies eager to exploit its rich natural gas deposits. The New York Department of Environmental Conservation extended the comment period for its draft environmental impact statement on drilling …
The minimum summertime volume of Arctic sea ice fell to a record low last year, researchers said in a study to be published shortly, suggesting that thinning of the ice had outweighed a recovery in area. The study estimated that last year broke the previous, 2007 record for the minimum …
An oil spill off the coast of China at a field operated by ConocoPhillips has sparked concerns about discrimination against foreign companies and underscored how Chinese regulators are getting stricter on pollution. China, the world’s biggest consumer of energy, has ambitious plans to develop offshore oil and gas, particularly in …
Tehran: India has fully paid its $5 billion oil arrears to Iran without bartering to bypass sanctions-related payment problems, the official news agency IRNA reported on Sunday quoting Iran’s central bank chief. “While all of India’s $5 billion oil arrears have been paid to Iran, the country will always have …
New York State environmental officials commissioned a study of impacts of natural gas hydraulic fracturing from a consulting firm that counts oil and gas companies among its clients and that could gain business from increased drilling in the state. The $223,000 study of the effects of “hydrofracking” on the economy …
London-based Hardy has been forced to stop crude oil production at its Cauvery basin block because the Oil Ministry has refused to extend a key contract in the field without competitive bidding, government sources said. The ministry, which is facing a CAG probe into its dealings with private firms in …
At the rim of the Arctic Circle in Canada, gold mining firm Agnico-Eagle is learning how tough it is to operate in a remote region with temptingly large, but frustratingly inaccessible, reserves of oil, gas and minerals. Commentators rarely mention nightmarish logistics, polar bears and steel-snapping cold when they confidently …
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), may invest over $1.5 billion in exploring for oil in a block that was awarded to it by the erstwhile Saddam Hussein regime. "We are nearing finality on the contract for Block-8. It is likely to …
Exxon Mobil Corp and Rosneft signed an agreement to extract oil and gas from the Russian Arctic, in the most significant U.S.-Russian corporate deal since President Barack Obama began a push to improve ties. The pact, which includes an option for Rosneft to invest in Gulf of Mexico and Texan …
