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 …
The three new oil refineries will create 30 million tonnes of fresh capacity in a mar- ket which already has a major surplus capacity. On Monday, three engineering firms announced new projects that they had bagged in the past few days. Nothing uncommon at this time of the year. However, …
Two recent discoveries have greatly impacted understanding relevant to the origination and emplacement of petroleum and natural gas deposits. One discovery, pertaining to hydrocarbon formation from methane broadens significantly potential regions where abiotic petroleum and natural gas deposits might be found. The other, discovery of the physical impossibility of Earth-mantle …
State-run Oil and Natural Gas Corp (ONGC) walked away with more than half of the 33 oil and gas blocks awarded to successful bidders of the recently-concluded eighth round of auction under the New Exploration Licensing Policy (Nelp). The Cabinet Committee on Economic Affairs (CCEA) approved the award of 33 …
ONGC Videsh Ltd, the overseas arm of state- owned Oil and Natural Gas Corp (ONGC), has made two significant oil discover- ies of 185 million barrels of oil in a block in northeast- ern Syria. OVL and its partner IPR Mediterranean Exploration Ltd discovered Rashid and Abu Khashab oilfields in …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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, …
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 …
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.
