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 …

India to restart Iran pipeline talks, but Left unimpressed

Forward movement on the proposed Iran-Pakistan-India gas pipeline project has failed to enhance the UPA government's comfort level with the Left parties even though they have welcomed it. "It is a positive step in the right direction. We appreciate the talks India had with Iran on Sunday. The government should …

Nigeria shadow on Saudi oil boost plans

Andrew England & Carola Hoyos Saudi Arabia says it will increase production by around 200,000 barrels per day in July. Saudi Arabia's decision to pump more oil than it has in nearly 30 years risks being completely negated by the sharp drop in output caused by attacks on production facilities …

Realty, media firms keen on oil hunt

Rakteem Katakey Big oil companies may be keeping away from exploring for oil in India, but guess who's keen on taking advantage of soaring oil prices? These range from realty companies to oil services company. Even a media company

Saudis are ready to raise production, Opec is not

Amid demands from oil consumers across the world, Saudi Arabia's King Abdullah announced on Sunday that his country had increased its output to 9.7 million barrels a day and could do more if necessary.

Oil producers will also suffer from slowdown

Jeddah: Two days after inflation figures threw up a 13-year high of 11.05%, largely attributed to the hike in fuel prices, finance minister P Chidambaram cautioned oil producers that they would also suffer in case the global economy slows down or slips into recession due to high oil prices. India, …

Driller Instinct

By PAUL KRUGMAN Blaming environmentalists for high energy prices, never mind the evidence, has been a hallmark of the Bush administration. Skip to next paragraph Paul Krugman Go to Columnist Page

Nigeria attack shuts Shell offshore oilfield

Matthew Green Nigerian militants have forced Royal Dutch Shell to shut down one of Africa's biggest oilfields after launching the first attack of its kind on a giant deepwater production vessel floating more than 100 km offshore. Shell said it had shut-in production at the facility

GMR group to buy stake in ONGC`s Rs 31,000 crore refinery

The Rs 31,000-crore refinery and petrochemical plant being planned by Oil and Natural Gas Corporation (ONGC) in Kakinada in Andhra Pradesh is likely to have a new partner

The puzzle of oil production

Why the Saudis are worried about the high price of crude WITH oil prices nudging $140 a barrel, Saudi Arabia stands to receive a windfall this year of up to $400 billion, double what it earned from selling oil last year. Gloom at the world's petrol pumps, it may be …

Oil companies given right to 'harass' polar bears

It's just over a month since the US government designated the polar bear as an endangered species. Now the Fish and Wildlife Service (FWS) stands accused of giving oil companies a "blank cheque to harass polar bears".

Laws to be changed for project on oil reserves

The government is set to amend a clause of the SEZ laws to allow it to build strategic petroleum reserves totalling five million metric tonnes in the SEZ notified areas without being bound by any export obligations. The amendment would waive the requirement to export oil from its reserves to …

Petrol pumps to go on strike

If the impending taxi strike was not enough, here comes another strike, which is set to hit both commuters and car owners hard. The West Bengal Petroleum Dealers Association has called a three-day strike in all the 2,000 odd petrol pumps in the state and the city from 30 June …

The geopolitics of oil

SIDDHARTH VARADARAJAN Two books analyse the outlook of international oil and the shifting terrain of world power UNITED STATES FOREIGN OIL POLICY SINCE WORLD WAR I

ONGC"s seismic surveys in Assam affect heritage monuments

ongc's seismic surveys in an oilfield in Assam have caused damage to an 18th century amphitheatre, say Sibsagar township residents who plan large-scale protests against the oil giant. An Archaeological Survey of India (asi) monument now, Ahom kings used the two-storey structure of red bricks as the royal sports pavilion. …

Alaska off the hook

In a reversal of its earlier plan, the Bush administration now wants to keep Alaska's potentially oil-rich wetlands off-limits to oil and gas drilling. The Bureau of Land Management has proposed a 10-year leasing moratorium for 174,000 hectares wetlands near Teshekpuk Lake in the National Petroleum Reserve-Alaska, saying that the …

OVL team submits $3 b plan for Iranian gas block

The block has one billion barrels of oil also National Iranian Oil will market the product After the successful discovery of crude oil in three wells of Farsi block in Iran, a consortium led by ONGC Videsh (OVL) and comprising Indian Oil Corporation and Oil India Limited (OIL) have submitted …

Reliance to commission new Jamnagar refinery this year

MUMBAI: Reliance Industries is now on the verge of a quantum leap in one of its several growth platforms, energy, Chairman and Managing Director Mukesh Ambani said here on Thursday. "Two large projects, founded on the energy growth platform, will be commissioned in the second half of this financial year. …

AIYF alleges irregularities in the forest department

The state unit of All India Youth Federation (AIYF) has alleged widespread irregularities in the various projects of the forest department. The Joint Secretary of the AIYF state unit, Subhash Dutta, said that there were numerous instances of misappropriation of funds by the department. He made the claim after receiving …

Higher investment allowed in energy sector abroad

The Reserve Bank of India on Tuesday allowed Indian companies to invest in overseas energy and natural resources sectors such as oil, gas, coal and mineral ores in excess of the current limits with prior approval of the central bank. "With a view to providing greater flexibility to Indian parties …

Lack of skilled manpower is another concern

The government can partly keep crude import bill and prices under control by supporting oil companies in acquiring rigs for exploration of domestic hydrocarbon sources, according to industry body Assocham said. Currently, 70 per cent of India's petroleum, oil and lubricant requirements are met through imports which might go up …

  1. 1
  2. ...
  3. 35
  4. 36
  5. 37
  6. 38
  7. 39
  8. ...
  9. 45

IEP content by date loading...
IEP child categories loading...