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 …
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 …
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 …
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 …
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 …
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 …
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 …
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
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 …
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 …
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, …
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 …
BG group of the UK is keen on picking 25-30% stake in state-run Oil and Natural Gas Corp's (ONGC) Krishna Godavari and Mahanadi basin deepsea oil and gas exploration blocks off the east coast. BG has expressed interest to take 30% interest in KG basin Block KG-DWN-98/4, which ONGC had …
In an attempt to expand ties in the oil and gas sector and achieve the goal of energy security, India will seek stake in future Russian oil and gas projects, including the prestigious Sakhalin III and IV oil fields off the Russian East Coast, during the visit of Russian Prime …
Caretaker Prime Minister, Mohammedmian Soomro Sunday said that an entrepreneur group from United States and Canada will jointly invest in oil exploration, coal mining and power generation project in Sindh with an initial investment of $200 billion. Prime Minister said the foreign investment will help the country attain its goal …
A midst oppositions from environmental groups, the Inter-American Development Bank has approved a us $400-million loan for the construction of a liquefied natural gas (lng) project in Peru. The project will be the country's first lng export facility. Camisea field is an important gas reserve in South America that Peru …
The Peruvian government has allowed two oil companies to explore oil in remote parts of the Amazonian forests inhabited by uncontacted tribes. The decision comes after a Peruvian government spokesperson suggested these tribes do not exist, claiming there was "no firm proof' of their existence. The move is despite the …
Lusi, as Indonesians call the mudflow, is one of the more bizarre expressions of Indonesia's geologic turmoil. Since May 2006, it has spewed millions of barrels of heated sludge, blanketing an area twice the size of New York City's Central Park. Villages have disappeared under the mud, 60 feet (18 …
Oil and gas production processes place huge demands on land resources, land administration and land management in different parts of the world. In Nigeria, the transportation of oil and gas, their by-products and refined products is conducted through complicated pipeline networks traversing thousands of kilometres and criss-crossing several communities in …
