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 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 …

Relentless exploration

DINESH KUMAR PANDE, Director (Exploration), ONGC, is a many-sided man. A petroleum geologist by profession, he joined the ONGC in 1976. He has extensive knowledge of the geology and geophysics [G&G;] of the various basins of India. His contribution in the sphere of exploration has been innovative and he was …

Making waves abroad

THE ONGC Videsh Limited (OVL), a subsidiary whose primary business is to bid for oil and gas acreages abroad and produce hydrocarbons, is going places. According to R.S. Butola, Managing Director, OVL, the company contributes 8 million tonnes of oil and oil-equivalent gas, which he says, is "quite significant from …

Of strategic steps (Interview)

UNDER R.S. Sharma's stewardship the Oil and Natural Gas Corporation (ONGC) has made significant strides on several fronts besides consolidating its stature as an exploration and production (E&P;) company. In the nine-month period ending December 2007, the company made 19 discoveries of hydrocarbon reserves. Sharma took over as the regular …

Energy giant

THE Oil and Natural Gas Corporation (ONGC), India's premier energy company, ranks first among the oil exploration and production (E&P;) companies in Asia. It is in the select league of global oil majors producing more than one million barrels of oil equivalent a day. Its production of crude oil for …

Budget to hurt IOC Paradip plan

Flagship refiner-marketer IndianOil Corporation is worried over the withdrawal of tax holiday to new refineries announced in the Budget, a move that will reduce the profitability of its new refinery being planned at Paradip in Orissa with an estimated investment of Rs 24,000 crore. "The rate of return on capital …

One more well contaminated, claims Bogmalo sarpanch

While efforts to pump out petroleum products that seeped into two wells at Pilmad Bogmalo have met with little success, Chicolna-Bogmalo Sarpanch Laxman Kavlekar has now claimed that a third well has been contaminated in the village. Mr Kavlekar has stated that IOC officials will visit the well on Wednesday …

ONGC rejects CAG observations

Flagship explorer Oil and Natural Gas Corporation has drilled several holes in CAG's recent observations, first reported by TOI, that ONGC was

Eni to put $4bn into Venezuela oil project

Eni, the Italian oil and gas group, plans to invest $4 billion in Venezuela, the biggest commitment to the country by a western oil company since President Hugo Ch

Call for privatisation of old oilfields

The Economic Survey has reiterated that the government should raise output by privatising the oil fields and hence reduce dependence on imported crude oil. India, which spent $48.389 billion to import its crude oil needs in 2006-07, has already spent $48.02 billion on crude imports in the first nine months …

ONGC finds 4 oil, gas sites

Oil and Natural Gas Corporation (ONGC) announced discoveries of four sites of crude oil and natural gas in one month after its board meeting on Monday. It said it has notified the director-general of hydrocarbons about the discoveries. Three of the discoveries are onland and the fourth in offshore. The …

India must return to Eurasian energy game

Central Asia is a difficult region, but with the right mix of political and financial capital, India could still make headway. If the great game over the energy resources of the Caspian Sea and Central Asia were to be compared to a five-act Shakespearean play, we might say Act III, …

Exxon's wrathful tiger takes on Hugo Chvez

AFTER winning a new term as president by a landslide a year ago, Hugo Ch

Zubkov positive to Indias plea on Sakhalin III

The visiting Russian Prime Minister, Victor Zubkov, is learnt to have given a "sympathetic and positive' response to India's plea for a major stake in the Sakhalin III and other major oil and gas projects in far-east Russia. India is a partner in Sakhalin I and gets oil supplies from …

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