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 …
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. …
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 …
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 …
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. …
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 …
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 …
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 …
State-run Hindustan Petroleum Corporation Limited on Thursday warned that it would be forced to resort to curtailment of supplies to retail outlets if fuel prices were not raised immediately. It said it was running out of cash due to high under-recoveries. Addressing a press conference here, HPCL chairman Arun Balakrishnan …
Sanjay Jog The petroleum ministry has made a strong pitch for developing India as a refining hub. The sub-group on refining for formulation of the 11th Plan has assessed the supply-demand positions of petroleum products in the country up to 2011-12, along with prospects of product exports and projected a …
by Daniel Howden Denmark is to launch an effort to calm the scramble for the Arctic, bringing together the five coastal nations competing for what are believed to be the largest unclaimed reserves of oil and gas left on the planet. The gathering in Greenland begins in the shadow of …
RIL To Kickstart Spot Crude Market With Indicative Benchmarked Price ENERGY major Reliance Industries (RIL), which is set to kick off the first spot crude oil market in the country, will be inviting price quotes from oil refining companies shortly. This would also set the first benchmark for market-driven prices …
The same old "package' of reduction in taxes and duties, issuance of oil bonds and higher subsidy sharing by the upstream oil companies will not work this time around. Only increasing the retail prices of petroleum products will. Will the Government go the extra mile? Raghuvir Srinivasan Advertisement The Government's …
What are oil reserves? Technically a country's oil reserves are the estimated quantity of crude oil that can be produced under the present operating conditions. Because of the different reservoir characteristics and limitations in petroleum production technology, only a fraction of the total stored oil can be extracted for economic …
This is the conclusion of a two-part series on the global oil scenario and ONGC. The first part was published on May 6 In India, oil production grew by 6% in the last five years up to 2006-07. It was during the second half of 1994-95 that ONGC's medium-sized fields
Crude oil prices on Friday hit a fresh record high of almost $128 a barrel boosted by a bullish forecast from Goldman Sachs and as US President George W. Bush asked Saudi Arabia, the world's largest oil producer, for help to lower skyrocketing energy prices. Bush, on his second visit …
Black gold might not be as scarce as we thought. This week oil prices escalated to a record $139 per barrel, but that may partly be because the amount of available oil in known reserves has been significantly underestimated. So says Richard Pike, a former oil-industry adviser and chief executive …
Mangalore Refinery and Petrochemicals Limited (MRPL) will invest Rs. 8,000 crore in the next three years to expand the capacity of its present refinery at Mangalore from 9.69 million tonnes to 15 million tonnes, R. Rajamani, Managing Director, said here on Thursday. Environment clearance Mr. Rajamani said the company had …
The Hinduja group plans to go ahead with Rs 25,600-crore refinery at Kakinada even if its indecisive project partner Oil and Natural Gas Corporation (ONGC) opts out. "We have given in writing to the Andhra Pradesh chief minister that we are keen to set up the project, with or without …
After the UK-based Hinduja group, Oil and Natural Gas Corporation's (ONGC) proposed Rs 26,500-crore refinery at Kakinada, Andhra Pradesh, has found new suitors in Reliance Industries (RIL) and Essar Oil. This is despite ONGC maintaining its stand that the refinery is not financially feasible unless the Andhra Pradesh government gives …
CPC Corporation of Taiwan, the state-owned oil company, said yesterday it hoped to resume joint oil exploration soon with China National Offshore Oil Corporation (CNOOC) in the Taiwan Strait, which divides the self-governing island from the Chinese mainland. The plan reflects hopes that a warmer political climate between Beijing and …
