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 …

US Court Strikes Down Bush Oil Leasing Plan

An appeals court on Friday struck down the Bush administration's five-year plan for offshore oil and gas leasing, saying it was put into effect without proper environmental review. The US Court of Appeals in Washington, D.C. ordered the Interior Department to rewrite the 2007-2012 plan, which was challenged by a …

MoU to be inked with China for oil and gas exploration

Pakistan and China are set to sign memorandum of understanding (MoU) to enter into joint venture for oil and gas exploration. The MoU will be signed by Advisor to Prime Minister on Petroleum and Natural Resources Dr Asim Hussain, who left here for China on Friday. Sources revealed to the …

Court Cancels Offshore Drilling Plan

A federal appeals court ruled that the Bush administration did not properly study the environmental impact of expanding oil and gas drilling off the Alaska coast and canceled a program to find new reserves. A three-judge panel found that the Bush-era Interior Department failed to consider the effect on the …

MoU to be inked with China for oil and gas exploration

Pakistan and China are set to sign memorandum of understanding (MoU) to enter into joint venture for oil and gas exploration. The MoU will be signed by Advisor to Prime Minister on Petroleum and Natural Resources Dr Asim Hussain, who left here for China on Friday. Sources revealed to the …

Tk 1,018 cr for gas, oil exploration

The government is likely to allocate Tk 1,018 crore for Energy and Mineral Resources Ministry for exploration of gas and oil fields and development of existing gas distribution pipeline to provide better services to clients. It will be a component of the annual development programme (ADP) for next fiscal. The …

Oslo Sets Limit On Arctic Seabed, Short Of North Pole

Norway became on Wednesday the first Arctic state to agree limits to its northern seabed, stopping short of the North Pole in a regional territorial scramble driven partly by hopes of finding oil and gas. Norway's newly defined continental shelf covers 235,000 sq kms (90,740 sq miles), or three-quarters the …

Preparedness of agencies to deal with oil disasters reviewed

The 13th National Oil Spill Disaster Contingency Plan meeting here on Wednesday reviewed the level of preparedness of various agencies to deal with oil spill disasters. The one-day meeting, which saw 80 delegates representing various Government departments, ports, oil industry, oil exploration units and state maritime baords, was chaired by …

US Interior Hears Alaskans On Offshore Drilling

US Interior Secretary Ken Salazar heard hours of Alaskans' opinions about drilling for oil and gas off their state's shores and came away on Tuesday promising a plan to allow development while accounting for environmental risks. "I think everything is on the table. We are not prejudging the outcome of …

Iraqi companies urged to form joint ventures with PPL and OGDCL

Pakistan has urged Iraqi oil and gas exploration companies to enter into joint ventures with Pakistan Petroleum Limited (PPL) and the Oil and Gas Development Company Limited (OGDCL) to explore oil and gas reserves in this country. Sources said that advisor to Prime Minister on Petroleum and Natural Resources, Dr …

Centre offers 4 oil blocks under NELP

At least four more blocks in Assam-Arakan basin including two each in Assam and Manipur have been thrown open for bidding under the NELP- VIII. At least one block of Coal Bed Methane

NELP VIII: Indias biggest oil, gas block auction kicks off

New Delhi: India launched its biggest-ever auction of oil and gas assets on Thursday, offering 70 exploration blocks, as it seeks to attract investors at a time of slumping global oil demand during the economic downturn. India offered 24 deepwater blocks, 28 shallow water blocks and 18 on-land blocks, with …

Indias biggest auction of oil and gasfields

New Delhi: India on Thursday launched its biggest-ever auction of oil and gas blocks, expecting a $3-billion investment in exploration of 70 areas on offer for bidding. The country, dependent on imports for 75 per cent of its requirements, also offered for bidding 10 areas for extraction of gas from …

ONGC preparing deepwater east coast development project

FIRST OF ITS KIND: A.K.Hazarika, Director (Onshore), ONGC (second from left),taking a look at the VAP project at the Kuthalam plant of ONGC in Nagapattinam on Wednesday. KUTHALAM (NAGAPATTINAM DISTRICT): Oil and Natural Gas Corporation (ONGC) Limited is preparing deepwater east coast development project following discovery of some oilfields and …

Petroleum Policy-2009: 50 percent job quota for residents of the area

Under the Petroleum Policy-2009, the government has allocated 50 percent job quota to the residents of each exploratory block for development and uplift of the area. According to official sources, employing the unskilled workers of the area, at local level both by the operator and its third party contractor has …

Santa Barbara Reshifts, Now Opposing Drilling

It seemed like a symbolic tipping point for the nation in August when, in the midst of record high gasoline prices and a presidential campaign, the Santa Barbara County Board of Supervisors abandoned its longtime opposition to offshore oil drilling. With offshore oil drilling platforms in the distance, children played …

Indian Oil Corp to commission Rs. 30,000 crore worth projects

Work on grassroots refinery at Paradip progressing Special Correspondent

GSPC strikes gas in KG-21 well

Gujarat State Petroleum Corporation (GSPC), a Gujarat government- owned company, has made huge discovery of gas in the KG-21 well located on the western side of Deendayal West block at Krishna Godavari Basin off the Andhra Pradesh coast, official sources said.

ONGC-Teri firm eyes Rs 10,000 cr top line

Maulik Pathak / Ahmedabad April 02, 2009, 0:06 IST Bids for a $3 bn project to clean oil spill left in Kuwait from the 1991 Gulf War. Having decided to join the race for a $3-billion project to clean a huge oil spill in Kuwait from the 1991 Gulf War, …

RIL's KG-D6 starts production

Mukesh AmbaniMukesh Ambani-led Reliance Industries (RIL), which discovered the world

Oil exploitation and conflict in the Niger-Delta region of Nigeria

Niger-Delta area of Nigeria, coincides approximately to the south-south geopolitical zone of the country. Before the discovering of the black gold (crude oil), agriculture was the dominant occupation of the people in the area. Crude oil was discovered in commercial quantity in the area in 1956. Since then exploration and …

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