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 …

Challenges before oil industry in NE underlined

The oil and gas scenario in the North East poses challenges in the form of static production of crude oil and un-economical transportation of the surplus products from the region. This observation has come from Anand Kumar, director (R and D), IOCL. Speaking at the recently concluded two-day seminar on …

Nod for exploration of 16 hydrocarbon reserves in Asom

The Centre has awarded 16 exploratory blocks in Asom near the bank of the Brahmaputra in the pre-New Exploration Licensing Policy (NELP) and NELP rounds held so far. Giving this information to the Lok Sabha, Union Minister of State for Petroleum and Natural Gas Dinsha Patel said these blocks are …

Countrys oil import price basket breaches $110 per barrel

Public sector petroleum companies' losses on fuel sales cross Rs 500 crore a day; govt under renewed pressure to allow them to raise petro-product prices New Delhi, April 23: The price basket of crude oil that India imports has crossed an all-time high of $110 a barrel, widening the losses …

Investment-friendly regime in E&P sector is petromin mantra

Even as the last date for bidding for Nelp-VII has been deferred till May 16, owing to uncertainty over sops for the E&P; players, the petroleum ministry has not given up just yet. The ministry, in its internal report, said focus would be given on increasing domestic production by attracting …

Speeding up exploration

For a large enterprise such as Oil India Ltd (OIL), which has a number of offices including those at remote locations, information integration is important for enabling transparency and speedy decision-making. Oil India wanted to have a system that would integrate its processes and systems to streamline oil exploration, production …

Visit to bolster energy, trade and investment ties

External Affairs Minister Pranab Mukherjee has begun a new round of engagement with Saudi Arabia, aimed at bolstering energy, security as well as trade and investment ties. During his two-day visit, he will hold talks with his Saudi counterpart Saud Al Faisal. Maritime security Saudi Arabia is seeking partnership in …

Hope springs from Africa's offshore oil installations

Seen from the porthole of a Super Puma helicopter skimming over the Atlantic, the future of African oil exploration appears for a second like a giant, fire-breathing dragon. Towering 12 storeys above the waters off Nigeria, Royal Dutch Shell's mammoth Bonga facility puffs a constant plume of flame as it …

Govt may restore tax sop on oil, gas production

In a major relief to companies like Reliance Industries, the government is likely to restore a 7-year income tax holiday on oil and gas production as it was a sovereign commitment to companies investing in the nascent sector. But uncertainity continues over the same tax break being extended to refineries …

Oilmin asks IOC to tap Venezuela for crude

India is looking upon Venezuela as a white knight as its state-owned refiner-marketers grapple with raging oil prices. The oil ministry has asked IndianOil to tap the Andean country for cheaper crude that will yield higher margins and help reduce overall losses accruing from selling motor and kitchen fuels at …

ONGC to resume mining in Nagaland

In 1994, the Nagaland government asked the Oil and Natural Gas Corporation (ongc) to shut shop in the state. Pressure from local people and militant groups had a big role in the decision. The country's largest crude oil producer is now set to resume operations in the north eastern state. …

We want benefits to go to people

Pungthing Shimrang, a senior member of National Socialist Council of Nagaland (Issac Muviah), tells Down To Earth On resumption of oil exploration We have not agreed on that. We can't allow mineral resources of the state to be extracted by outsiders. On environmental damages If oil companies are keen on …

Chekhov"s hell Sakhalin faces ravages of oil majors

LAUREN ALLAN-VAIL When the writer Anton Chekhov described Sakhalin as a hellish place, he could have scarcely anticipated the ravages wrought by big oil companies on this 78,000 sq km island. Sakhalin was a Russian penal colony then and the writer perhaps had little idea of its environmental importance. But …

Shell Bullish On Chukchi Oil And Gas Potential

Shell Bullish On Chukchi Oil And Gas Potential US: April 7, 2008 ANCHORAGE - Alaska's Chukchi Sea, the remote region separating North America's northwestern tip from northeastern Siberia, is one of the "potentially most prolific oil fields" left in the world and could ultimately compare to the Gulf of Mexico …

India eyes Africa for oil, gas assets to meet energy needs

Alarmed by the growing influence of China in the oil and gas sector in many African countries, India has decided to turn its focus from the OPEC countries to the African nations for acquisition of oil and gas assets to meet surging energy requirements. Not only has India offered to …

ULFA warns oil firms against seismic surveys

Banned outfit ULFA has warned ONGC and Oil India Limited (OIL) to desist from carrying out seismic exploration of hydrocarbons in the Brahmaputra valley in the interests of safeguarding historic monuments, archaeological sites and environment of the state as a whole. The ULFA' warning has given a new twist to …

An integrated energy policy

I am writing this article by the light of a gas lamp in my home in the forest sanctuary of Binsar in the hills of Kumaon. The sun has set, and the pinpricks of light in the valley below testify to the march of development. Every year, the valley is …

Wildlife dept and OGDC clash over seismic survey

Seismic survey being conducted by the Oil and Gas Development Corporation (OGDC) has been suspended by officials of the Wildlife Department at Nara Game Sanctuary adjacent to Sardar Garh, district Ghotki, amid a row between the two government institutions. According to sources, the OGDC was carrying out survey to ascertain …

ONGC identifies major fields for revival

Faced with the trend of declining production, Oil and Natural Gas Corporation (ONGC) is understood to have identified 14 of its major oil and gas fields for augmentation of production under the oil recovery schemes. Official sources said that 14 of the major oil and gas fields contribute nearly 80 …

Oil workers for State refineries expansion

The petroleum and gas workers of the State have demanded expansion of the existing four refineries of Assam and recruitment against the 5,000 vacant posts in the oil sector of the north-eastern region. In the North-Eastern Regional Convention of the Petroleum and Gas Workers' Federation of India held today at …

Oil companies imperil polar bear habitat

The us government has once again missed its deadline to add the polar bear to the list of endangered species. The us Fish and Wildlife Service was due to take a decision in this regard by February 8 this year. The delay has fuelled doubts about the government's intention to …

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