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 …
ON April 20, a drilling rig in the Gulf of Mexico exploded. The rig was called Deepwater Horizon, well named for British Petroleum's (B.P.) remarkable effort to draw oil from a deep-sea rig that has to go through 22,000 to 25,000 feet (6,600-7,500 metres) of water before it strikes the …
For decades, India has kowtowed to Gulf countries, notably Iran. With large shale gas deposits and new technology to extract it, India can afford to act tough, says Swaminathan S Anklesaria Aiyar. THE Indian government remains asleep to the revolutionary potential of shale gas, which promises to revolutionise both the …
Louisiana: US government and BP officials are warning that the blown-out oil well causing an environmental disaster on the Gulf Coast may not be stopped until August as the company begins preparations on a new attempt to capture the leaking crude. BP Plc will use undersea robots to begin cutting …
Narayan Lakshman Washington: After 37 days of failing to halt a torrent of oil spilling from its damaged offshore rig into the Gulf of Mexico, engineers from rig owner British Petroleum and other agencies reportedly stemmed the flow using a
Gireesh Chandra Prasad New Delhi: The petroleum ministry has said that in case of an oil spill in Indian waters, exploration companies operating the off-shore field will be liable to pay unlimited damages to public and private compensation seekers. The production-sharing contract with the company, however, speaks only of restoration …
ENERGY CONGLOMERATE Gujarat State Petroleum Corporation (GSPC) plans to start its upstream overseas arm in the next two to three years to look after its global oil and gas exploration activities, a top company official said.
Ajay Modi / New Delhi May 19, 2010, 1:14 IST The government is planning to launch the ninth round of the New Exploration Licensing Policy (Nelp-IX) in July this year to auction up to 45 oil and gas blocks. Some of these blocks will be from the eighth round for …
Terry Macalister The successful development of Canada's tar sands has triggered a rush by Shell and other oil companies to set up similar operations in Russia, Congo and even Madagascar, a new report reveals. Soaring crude prices and a growing shortage of drilling sites have encouraged the energy industry to …
The explosion that claimed 11 lives and sent the Deepwater Horizon, a billion-dollar oil rig, to the bottom of the Gulf of Mexico, was bad enough. But for the inhabitants of America
Renuka Bisht Before its state-owned operator Petrobras struck big oilfields deep below the Atlantic floor in 2007, Brazil used to be chronically energy-deficient. No wonder President Lula helicoptered offshore to dip his hand in oil, and no wonder his chief of staff said of the discovery that,
oil exploration Argentine veterans cry war As diplomatic tensions between the UK and Argentina escalate following oil drilling plan near the Falklands, Argentine war veterans have threatened to invade the South Atlantic archipelago controlled by the UK. A war vets’ association in Bruenos Aires demonstrated in front of the British …
HALDIA: At a time when the Indian Oil Corporation (IOC) is making rapid progress in transforming itself into a vertically integrated transnational energy major, its Haldia refinery is likely to earn higher operational margins in the coming quarter of the next fiscal. The company authorities have argued that they are …
Well-placed sources have hinted that Oil India Limited (OIL) is poised to gain Navratna status, a development that would not only ensure better visibility to the PSU, but reinforce its already solid credentials among partners and competitors. More important, as a Navratna company it would have additional decision making powers …
President Barack Obama announced on Wednesday plans for a broad expansion of offshore oil and gas drilling in an effort to win Republican support for new proposals to fight climate change. Obama, a Democrat, said his administration would consider new areas for drilling in the mid and south Atlantic and …
