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 …
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 …
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 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.
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
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 …
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 …
The Cabinet Committee on Economic Affairs (CCEA) today approved splitting of an oil and gas block falling in Assam and Nagaland into two so that exploration that previously could not be completed in Nagaland can now be taken up. A meeting of the CCEA, chaired by Prime Minister Manmohan Singh, …
The tepid response to the eighth round of the New Exploration Licensing Policy questions its overwhelming merits Bids have been received for only 36 of the 70 blocks, offered for exploration in the eighth round of the New Exploration Licensing Policy (NELP). The government remains sanguine about the response, considering …
Of the 80 blocks offered, only 44 attracted bids Bidding for the latest round of oil and coal bed methane (CBM) blocks closed today with a poor response from bidders. Government-owned Oil and Natural Gas Corporation got 14 blocks, the highest number. Officials blamed the economic downturn and the
K. Venkateshwarlu HYDERABAD: Andhra Pradesh achieved a significant breakthrough in its quest to have a pie in the Krishna-Godavari Basin when it successfully won the bid for oil and gas blocks through the eighth round of the New Exploration Licensing Policy (NELP) in the auction held in New Delhi on …
Reliance Industries has threatened to stop oil and gas exploration if it is not granted the promised drilling moratorium to cover for the acute shortage of rigs.
Amitav Ranjan The petroleum ministry plans to change the royalty sharing mechanism to include direct compensation for villages and individuals who forgo their land for oil and gas production. The oil and gas producer, instead of paying the full royalty on onshore producing fields to the states, would retain 5 …
Ecuador, a member of OPEC, is willing to preserve a tropical forest with reserves of 900 million barrels of oil if rich countries pay it about $360 million a year to keep the petroleum in the ground. Under the proposal, the international community would pay Ecuador an annual fee equal …
Environmental and pro-drilling advocates pitched dueling messages about expanded offshore oil and natural gas production to the U.S. Interior Department on Monday, as the comment period on a Bush-era energy plan came to a close. The draft five-year offshore drilling proposal offered in the last days of the Bush administration …
As oil and gas companies press to tap new deposits in remote places, scientists are trying to gauge and limit the ecological impact of pipes and other structures in otherwise wild lands. Nowhere is that effort more intense than on the Arctic coastal plain of the North Slope of Alaska
The Chinese state oil giant that has a grip on Burma's biggest gas field is now venturing into neighboring Bangladesh, a move which may stifle long-running conflict over territorial waters in the Bay of Bengal. The China National Petroleum Corporation (CNPC) is reportedly about to sign an agreement with Bangladesh's …
JAIPUR: The Rajasthan Government is going to vigorously pursue the demand for setting up a well-head refinery at Barmer where Prime Minister Manmohan Singh this past weekend dedicated to the nation the Mangala oilfields. Mangala, discovered by Cairn India in 2004, along with oilfields Bhagyam and Aishwariya in RJ-ON-90/1 off …
