Oil Exploration

Interconnected disaster risks: Turning over a new leaf (2025 report)

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 …

ONGC strikes gas in Tripura basin

ONGC has announced a significant gas discovery in Tripura, which is part of the Assam-Arakan Basin. The success of this well gives impetus to exploration of more such areas on the flanks of major structures in Tripura fold belt, the company stated after a board meeting. The discovery has been …

Arctic oil drilling plans raise environmental health concerns

As Royal Dutch Shell and other oil companies prepare to drill offshore in the Alaskan Outer Continental Shelf (OCS), a new report commissioned by the Washington, DC–based Pew Environment Group concludes current response capabilities aren’t adequate to contain and clean up a major spill in the area.1 Marilyn Heiman, who …

Jaipal Reddy dedicates IOC naphtha cracker complex to the nation

PANIPAT: Union Petroleum and Natural Gas Minister Jaipal Reddy on Tuesday dedicated to the nation India's largest naphtha cracker plant at Indian Oil Corporation's (IOCs) Panipat Complex. The complex has been commissioned in 46 months, which compares with the global standard for similar capacity plants and is ahead of average …

Exploring New Avenues For Oil

On 1 February 2011, A.K. Hazarika took over as chairman and managing director of Oil and Natural Gas Corporation (ONGC). With this move, Hazarika would be heading one of India

Major fire at IOC's Navi Mumbai depot

MUMBAI: A major fire broke out at the Indian Oil Corporation depot at Taloja in Navi Mumbai in the wee hours today, destroying around 40,000 litres of lubricant oil. The fire broke out at around 1 AM and about 25-30 fire engines were rushed to the spot to douse the …

A K Bhattacharya: Slipping up on oil reforms

It's time the petroleum ministry faced the challenges of oil pricing reforms, instead of hiding behind the oil firms A K Bhattacharya / New Delhi January 18, 2011, 0:14 IST A quick estimate suggests that international crude oil prices for Indian refineries (or what oil industry experts refer to as …

New U.S. Deepwater Permits Expected Before Q3

The U.S. offshore drilling chief on Thursday said he would be "stunned" if no new deepwater drilling permits were approved during the first half of year, as he pledged to push forward with reforms despite industry opposition. Michael Bromwich, head of the Interior Department's Bureau of Ocean Energy Management, pushed …

Liquid black gold escalates Digboi to world map

More than a century ago, a prominent chapter in world history was being inserted in a remote corner of Assam amidst the dense and malaria-infested jungles by a band of intrepid pioneers searching for black gold. The then Indian-based Italian engineers commissioned by the Assam Railways and Trading Company (ARTC) …

China may replace India in IPI pipeline project

With New Delhi gradually losing interest in the proposed Iran-Pakistan-India (IPI) gas pipeline, the prospects of China replacing India in the ambitious project are brightening. India is now marshalling all its resources to ensure an early fruition of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) to meet its growing demand for natural gas, sources …

Regional geological studies over parts of Deccan Syneclise using remote sensing and geophysical data for understanding hydrocarbon prospects

An integrated study using remote sensing and multi geophysical data was carried out over parts of Deccan Syneclise, for eliminating the inherent ambiguities associated with each of the individual methods, and to understand the hydrocarbon prospects. The subsurface sections constructed using geophysical data such. as gravity, electrical resistivity, deep resistivity …

Wildlife agency urges halt to oil exploration plans

The world's primary conservation body, the World Wildlife Fund (WWF), on January 7 called on British listed companies, SOCO and Dominion, to abandon their oil exploration plans in the Virunga National Park located in the Democratic Republic of Congo. The WWF warned that these actions will undermine decades of work …

Nagaland prepares for oil exploration

High-level government delegation to visit Champang oil fields KOHIMA, Jan 7: The Cabinet Sub-Committee for Oil Exploration set up by the Government of Nagaland will undertake an official visit to Champang village, commencing from January 8. The visit of the high-powered committee is significant coming as it does against the …

Diesel rate hike put off to check prices

THE government has indefinitely deferred a hike in diesel rates despite soaring crude oil prices to prevent a further increase in prices, particularly of food items, Petroleum Minister Murli Deora said. Oil marketing companies are demanding higher prices because crude oil has been trading at about $90 a barrel for …

China records a milestone in offshore oil, gas output

BEIJING: China has joined the world's elite club of offshore oil producers after China National Offshore Oil Corp (CNOOC) announced that its oil and natural gas output surpassed 60 million metric tonnes in 2010. The country's largest offshore oil explorer's oil and gas production last year totalled 64.13 million metric …

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