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 …

First crude oil engine was manufactured in Surat

Himanshu Bhatt | TNN Surat: Historical records say that from early 20th century, entrepreneurs of the city proved their worth under the British Rule and supplied i n d i g e - nous machineries to the ind u s t r y, a g riculture and other sectors. One …

Budget to push up cost of offshore oil exploration

Ajay Modi / New Delhi March 1, 2010, 0:12 IST OMCs also worried at seeming setback to any early move to cut underrecoveries on retailed fuel. The Budget clarification on extension of service tax to include all activities in the entire continental shelf and exclusive economic zone will increase the …

ONGCignores green rules

The public sector petroleum company, Oil and Natural Gas Corporation (ONGC), is giving environmental norms the short shrift while exploring oil and gas reserves in Tripura. The Central Pollution Control Board (CPCB) found this during inspection of abandoned well sites in West Tripura and South Tripura districts in the first …

Fuel For Thought: Oil price decontrol wont impact people adversely

The impact of the recommendations of the expert group on pricing of petrol, diesel, kerosene and LPG on the poor and on the price level should be no more than that of present policy and most likely smaller over time. The group has recommended freeing petrol and diesel prices and …

Oil exploration pact signed with Hungary

NEW DELHI: India and Hungary on Tuesday inked an agreement for oil and gas exploration and decided to strengthen cooperation in the information technology (IT) sector. Both countries also agreed to work for increasing the level of trade to $1 billion by 2012. An agreement to this effect was reached …

OIL willing to take over ONGCs Assam oilfields

As Government mulls hiving off Oil and Natural Gas Corp

ONGC abandons drilling off Kochi coast

Byju Aryad KOCHI: The Oil and Natural Gas Corporation (ONGC) has officially announced that the drilling off Kochi in the Kerala-Konkan basin, the oil well KK4C-A at a distance of 70 nautical miles from the coast, was abandoned and added that efforts to extend the exploration in the basin will …

Global conservation significance of Ecuador's Yasuní National Park

The threats facing Ecuador's Yasuní National Park are emblematic of those confronting the greater western Amazon, one of the world's last high-biodiversity wilderness areas. Notably, the country's second largest untapped oil reserves—called “ITT”—lie beneath an intact, remote section of the park. The conservation significance of Yasuní may weigh heavily in …

Changing the rules of the energy game

Vladimir Radyuhin With the launch of a major oil pipeline from Eastern Siberia to the Pacific Ocean, Russia can now ship oil to not only its traditional customers in Europe but also the ever-growing energy markets in Asia. The year 2010 will see the global energy map redrawn as Russia, …

FASS move to guide NE oil industry

Voluntary organisation Friends of Assam and Seven Sisters (FASS) has embarked on another mission to facilitate public consultation in an organised manner to guide the Petroleum industry of the NE region towards developmental and pro-people activities. For the purpose, it has formed a non-government organisation (NGO) under it with the …

Oil and gas scenario in India

The oil and gas sector in India is the largest in terms of sales turnover, touching the lives of all citizens, providing uninterrupted supplies of oil products to the remotest parts of the country. The oil sector is the largest contributor to State exchequer through taxes.

Yasuni-ITT Initiative: a big idea from a small country

Ecuador is among the countries that are highly vulnerable to climate change. Preventing oil extraction in the Yasun

Sri Lanka to offer more blocks for oil exploration

Sri Lanka plans to offer three more blocks off the island

Sri Lanka to strike oil, gas soon

Sri Lanka is to strike oil and gas as soon as the report on 3 D seismic studies are completed within two months. The study would enable to ascertain how much hydrocarbon deposits are available in the Mannar Basin. It is expected that the first barrel of oil could be …

Extreme oil: Scraping the bottom of Earth's barrel

Eighty-five million barrels. That's how much oil we consume every day. It's a staggering amount - enough to fill over 5400 Olympic swimming pools - and demand is expected to keep on rising, despite the impending supply crunch.

The most destructive project on earth

The extraction of oil from the second largest reserves in the world has merely begun, but the environmental costs are already skyrocketing. Canadian NGOs claim tar sand development is the most destructive project on earth.

ONGC close to big oil find

Maulik Pathak / Ahmedabad November 30, 2009, 0:33 IST The Oil and Natural Gas Corporation (ONGC) has found traces of a new oil reserve in Gujarat which could increase the company

ONGC project to enhance oil and gas recovery

Mehsana: Oil and Natural Gas Corporation (ONGC) has embarked on a multi disciplinary team (MDT) approach in western onshore to mark the beginning of a unique organizational model to strengthen its focus on exploration and production. The MDT model will work under the existing assets in the western onshore and …

Australian firm enhances support in oil and gas sector

A leading Australian firm SMEC International has joined hands with Clough Engineering and Integrated Solutions (CEIS) to enhance its activities in the exploration of oil and gas in Pakistan. Australian High Commission in Pakistan and CEIS hosted a reception at the embassy to celebrate the acquisition of CEIS by the …

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