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 …

Third-Party Panel To Study Canada Oil Sands Impact

Alberta is forming an independent panel of scientists to study data on water pollution near the Canadian province's oil sands after a report by a noted ecologist concluded the industry's operations were contaminating a northern river system. The move, announced by Alberta Environment Minister Rob Renner on Friday, is aimed …

Nelp-IX to be launched in Mumbai on October 18

Ajay Modi / New Delhi September 27, 2010, 0:34 IST The government will launch the ninth round of the New Exploration Licensing Policy (Nelp-IX), which will see an auction of around 35 oil and gas blocks, on October 18, with a road show in Mumbai. Some of these blocks could …

Australia Companies Face Scrutiny On Carbon Disclosure

Miners and other top Australian firms face greater scrutiny from investors on greenhouse gas emissions, with companies that do not fully disclose their carbon risks to be increasingly targeted at shareholder meetings, an investor group said on Wednesday. The Investor Group on Climate Change said it wanted all of Australia's …

BP oil spill costs nearly $10 billion

Julia Kollewe BP's bill for containing and cleaning up the oil spill has reached nearly $10 billion, as the U.S. government declared that the blown-out well has finally been plugged, five months after the explosion on the Deepwater Horizon rig. The beleaguered oil company revealed that its total cost of …

25 Maharashtra projects stuck with Jairam Ramesh ministry

Navi Mumbai airport is not the only city project to have got stuck at the environment ministry headed by Jairam Ramesh. Nearly 25 other proposals from Maharashtra submitted during Ramesh

HPCL plans refinery in Maharashtra

NEW DELHI: Hindustan Petroleum Corporation (HPCL) is understood to have finalised plans to set up a 9-million tonnes refinery in Maharashtra with an investment of around Rs.15,000 crore. Official sources said the Maharasthra Government had offered land places and the company was in the process of giving a final shape …

Sense the core

ROCKY layers of earth hold details about geological formations, their history and composition. The information is particularly valuable for mining companies to ascertain the quantity of minerals present in the earth's crust. To evaluate this, geologists carve out a cylindrical piece of subsurface material, called core sample, by a special …

Cold hard cache: The Arctic drilling controversy

On 27 May 2010, with crude oil gushing into the Gulf of Mexico after the explosion of BP’s Deepwater Horizon oil rig, the Obama administration announced it would pause offshore drilling plans in the Arctic Ocean, one of the planet’s most pristine ecosystems. Hailed by environmental groups, the decision was …

Petroleum exploration deed inked

The Petroleum and Natural Gas Ministry has provided a block in the 609 sq-km Sohagpur Coalfield, in Madhya Pradesh's Shahdol and Umaria districts, to France-based Geopetrol International Incorporated consortium Reliance Natural Limited and Reliance Infrastructure Ltd for prospecting coal-bed methane. A petroleum exploration deed was inked here yesterday by the …

Fuel crisis likely if channel is not cleared soon

 Rahi Gaikwad Mumbai: The closure of the Mumbai port and the suspension of cargo movement into the city have sparked fears of fuel shortage in Maharashtra. The port was closed on Sunday, a day after merchant vessel MSC Chitra collided with m.v. Khalijia-III, leading to a massive oil spill in …

BP claims milestone in killing Gulf well

 BP Plc said it controlled the pressure in the damaged Gulf of Mexico oil well with drilling mud, moving a step closer to permanently sealing the source of the world

BP aims to kill spill well, weighs sale of assets

BP may permanently shut the well that caused the worst off-shore oil spill in US history as early as Monday, the company said as speculation grew over assets it might sell to cover mounting costs. Incoming BP chief executive Bob Dudley said the company would stay involved with the cleanup …

Officials ready criminal probe of oil spill: Report

Several US government agencies are preparing a criminal probe of at least three companies involved in the massive oil spill in the Gulf of Mexico, though it could take more than a year before any charges are filed, the Washington Post reported on Wednesday. BP Plc, Transocean Ltd and Halliburton …

EGoM to discuss ways to prioritise applicants seeking gas allocation

Concerned that the country would not have gas supply to the tune of over 450 million standard cubic metre per day (mmscmd) required for its greenfield and brownfield power projects in the foreseeable future, the Empowered Group of Ministers (EGoM) is likely to discuss ways of prioritising the applicants through …

Energy Academy in Ganjam district soon

BHUBANESWAR: A consortium headed by the Greenko group has submitted a proposal to the State Government to set up an

U.S. Court halts Arctic oil drilling for review

The judge said the record reflected missing information about the Chukchi Sea environment and effects of lease sale on wildlife A US Washington, July 22: A US judge ordered a halt to offshore oil and gas drilling off the north coast of Alaska for a new environmental review. Federal Judge …

A hungry giant goes shopping

China is using the crisis in the West to secure natural resources around the globe Andreas Sieren & Frank Sieren / July 22, 2010, 0:49 IST They can be patient, Beijing

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