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 …

BP Finds Giant Oil Field Deep in Gulf of Mexico

BP announced on Wednesday the discovery of what it characterized as a giant oil field several miles under the Gulf of Mexico, but it may take years to assess how much crude can actually be recovered. The discovery should have no immediate effect on world oil or gasoline prices because …

American interest in mining rights

Oil in the Bangtar area under Samdrupjongkhar dzongkhag, copper, gold and silver in the black mountain area of central Bhutan and tungsten in Sarpang are the potential minerals an American businessman J Matthew Fifield has offered to prospect for and, if found viable, then extract them. He has also proposed …

AP to tie up with ONGC for oil exploration

THE Andhra Pradesh government is set to tieup with Oil and Natural Gas Corporation Limited (ONGC)

Cairn, ONGC to invest $1.8 b in Rajasthan

NEW DELHI: All set to kick off formal crude oil production from its fields in Rajasthan, Cairn India on Wednesday announced that along with its partner Oil and Natural Gas Corporation (ONGC), it will invest nearly $1.5-1.8 billion more in the prolific oil fields over the next two years. The …

A.P. to float new corporation for oil and gas exploration

HYDERABAD: The stage is being set for Andhra Pradesh government to enter into oil and gas exploration and production (E&P;) business. Clearing the decks for floating a new corporation on the lines of the Gujarat State Petroleum Corporation from its side, the AP Industrial Infrastructure Corporation on Tuesday formally decided …

Indonesia's Texas? Rural Java Braces For Oil Boom

Few things seem to happen at speed in this sleepy Java town where rickshaws ply the streets. But this rural area of rice fields and teak forests is set to be transformed by Indonesia's biggest oil find in years. Oil production could start to flow from the huge Cepu field …

OIL looking for blocks in India, abroad

CHENNAI: Oil India (OIL), a premier public sector undertaking, is planning to acquire stakes in oil blocks in India and abroad. It would use its huge surplus cash reserves to invest in prospective blocks in South America, Africa and Australia. In an interaction with The Hindu, OIL Director (Finance) T. …

ONGC strikes another gas field in Tripura

The ONGC has achieved another breakthrough when it discovered a gas field at Kalaban near Palatana in Tripura

ONGC trying to strike oil off Kochi

KOCHI: The early results of the ultra-deep oil explorations in the Kerala-Konkan basin by the Oil and Natural Gas Corporation will be available in 100 days, according to ONGC Chairman and Managing Director R.S. Sharma. He was talking to journalists here on Sunday after inaugurating

Andhra to bid for oil, gas blocks in NELP-8

The Andhra Pradesh government has decided to bid for exploration of natural gas in the country

Oil industry may be doomed: Greenpeace

By David Teather, The Guardian Tar sands extraction is disastrous to the environment, causing deforestation, requiring huge amounts of water. A long-term decline in the demand for oil could undermine the huge investments in Canadian tar sands, which have been heavily opposed by environmentalists, according to a report. The report, …

ONGC puts on hold development of six discoveries

Ajay Modi / New Delhi July 27, 2009, 0:31 IST Oil and Natural Gas Corporation (ONGC), the country

Centre to relaunch NELP VIII

THE GOVERNMENT will relaunch the country's largest-ever auction of oil and gas blocks on August 8 and will extend the last date of bidding by two months to mid-October. The first of the promotional roadshows for 70 blocks offered under the eighth edition of New Exploration Licensing Policy (NELP) and …

ONGC to invest $730 m in Cairns Rajasthan fields

NEW DELHI: Union Petroleum and Natural Gas Minister Murli Deora on Monday informed the Rajya Sabha that State-run Oil and Natural Gas Corporation (ONGC) would invest about $730 million in Cairn India

Increase in Renewables Aids Human Rights

In recent years the legion of supporters of renewable energy has expanded to include labor unions concerned about jobs, as well as national security and energy independence experts such as George Schultz and James Woolsey. These advocates of domestic and clean energy production strongly consider the geopolitical implications when dollars …

Lax Regulation Fuels Niger Delta Unrest: Amnesty

Nigeria has failed to regulate its oil industry adequately, fuelling anger in the Niger Delta by leaving communities exposed to the effects of oil spills, gas flaring and waste dumping, Amnesty International said. Weak government oversight and a lax attitude among foreign oil firms during half a century of oil …

31 years of KG basin drill

June 29: The Krishna-Godavari basin has been a potential zone for extraction of oil and gas for a long time. The ONGC started exploration for oil and gas in the KG Basin in April 1977, and drilled its first well near Narasapuram in 1978, and discovered gas. As part of …

HC seeks study on subsidence

June 29: The AP High Court on Monday directed the ministry of environment and forests (MoEF) to find out whether there is any possibility of land subsidence due to exploration of natural gas in the Krishna-Godavari basin. A division bench of the High Court comprising Chief Justice Anil Ramesh Dave …

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