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 …

ARI identifies bacteria for oil extraction above 90 degrees C

Pune, September 23 In what could prove to be a path-breaking discovery for the oil exploration and production business, scientists at Agharkar Research Institute (ARI), Pune have identified environment friendly bacteria that allows extraction of oil at temperatures more than 90 degrees Celsius. Even as microbial enhanced oil recovery (MEOR) …

ONGC to focus on oil, gas hunt

To invest $5 b in developing gas finds in the Eastern offshore KG basin blocks SETTING SIGHTS HIGH: R. S. Sharma (right), Chairman and Managing Director, ONGC, with A. K. Balyan, Director (Human Resource), addressing the media in New Delhi on Friday. NEW DELHI: Seeking to set high standards in …

Oil flows from RILs KG basin

First to produce crude in the private sector Crude produced will not be refined Two more wells to be drilled NEW DELHI: In a significant development, Reliance Industries has begun crude oil production from the nation

U.S. House approves plan to ease offshore drilling ban

WASHINGTON: The U.S. House has approved a measure that would ease a longstanding ban on offshore oil drilling and try to spur greater use of alternative fuels as Democrats and Republicans engaged in a bitter pre-election clash over the nation's energy future. Under the Democratic legislation, adopted Tuesday night by …

Opec ponders when to cut oil output in effort to boost price

For nearly two years the Opec oil cartel has watched oil prices rise with a mixture of delight and foreboding. The group that controls about 40 per cent of the world's output, but which has struggled to produce enough oil to keep up with demand, will this year earn $1,000bn …

GAIL India plans petrochem project in Colombia

Bs Reporter / New Delhi September 6, 2008, 5:51 IST UD ChoubeyGAIL India, India

Tread softly

ON THE face of it, a mostly peaceful protest by several thousand tribespeople in Peru

A funny kind of reward

Just when production from Petrobras

Cairn to pump more oil

New Delhi, Cairn India's Rajasthan fields will pump over 16 per cent more oil at 175,000 barrels per day and will contribute over one-fifth of the country's current domestic oil output, when it commences production in second half of 2009. Cairn has submitted a revised development plan for the Mangala …

Cairn may produce 71% from Rajasthan oil fields

Rakteem Katakey / New Delhi August 27, 2008, 0:33 IST Cairn India, a subsidiary of the UK-based Cairn Energy, may produce up to 71 per cent more oil from the Rajasthan field, according to a top company executive. The Rajasthan field is the largest oil find in the country after …

Good response to NELP-VII

ONGC bags maximum number of blocks NEW DELHI: The latest round of New Exploration Licensing Policy (NELP)-VII has attracted an estimated investment of around $1.49 billion minimum for the oil and gas hunt in 45 blocks in Phase-I that were put on offer and subsequently bagged by domestic and international …

Phase-I of Nelp-VII gets $1.49 billion

Press Trust Of India / New Delhi August 22, 2008, 0:52 IST The latest NELP-VII auction in Phase 1 received commitments amounting to $1.49 billion for 45 blocks, including $321.15 million for deep sea exploration, $598.255 million for exploration in shallow waters and $572.75 million for onland blocks, according to …

RPL refinery to begin production in Sept

Rakteem Katakey / New Delhi August 21, 2008, 0:24 IST Reliance Petroleum, a subsidiary of India's largest private company Reliance Industries (RIL), will begin producing petroleum products from its new refinery in Gujarat early next month, sources said. The Mukesh Ambani-owned company has started testing in the world's sixth largest …

K-G oil by Sept.

Hyderabad, Aug. 12: Reliance Industries has decided to go ahead with crude oil production from the Krishna-Godavari (K-G) basin Dhirubhai-26 fields as there are no legal restrictions on oil production from the basin. RIL sources said production of crude oil will start from the third week of September and an …

Oil and gas projects in the Western Amazon: Threats to wilderness, biodiversity, and indigenous peoples

The western Amazon is the most biologically rich part of the Amazon basin and is home to a great diversity of indigenous ethnic groups, including some of the world's last uncontacted peoples living in voluntary isolation. Unlike the eastern Brazilian Amazon, it is still a largely intact ecosystem. Underlying this …

Petrobras to focus resources on Brazil field

Petrobras is to reduce exploratory activities abroad in order to concentrate on exploiting a potentially huge Brazilian offshore oilfield, according to the company's president and chief executive. Jos

Ministry of Petroleum and Natural Gas

The Ministry of Petroleum & Natural Gas is entrusted with the responsibility of exploration and production of oil and natural gas, their refining, distribution and marketing,import, export, and conservation of petroleum products and Liquified Natural Gas.

Can This Planet Be Saved?

Recently the Web site The Politico asked Nancy Pelosi, the speaker of the House, why she was blocking attempts to tack offshore drilling amendments onto appropriations bills. "I'm trying to save the planet; I'm trying to save the planet,' she replied. I'm glad to hear it. But I'm still worried …

Acute rig shortage hits RIL, ONGC`s oil drilling operations

Abhineet Kumar / Mumbai July 29, 2008, 0:02 IST Reliance Industries and Oil & Natural Gas Corp (ONGC), two of India's biggest oil explorers, failed to benefit from record crude oil prices in the first six months of this year as the availability of rigs declined during the period. This, …

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