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DEEPWATER OIL EXPLORATION
Not just Andaman: After fresh gas finds, India expands oil and gas hunt along east coastIndia is intensifying efforts to discover new oil and gas reserves along its eastern offshore frontier by reprocessing decades-old seismic ...- 'Ocean of energy' found in Andaman: What the new gas discovery means? Can it reduce India's import dependence?Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a signi...
- Rising crude and aluminium prices: Bharat Subramanian on what it means for India's energy and metals sectorsGeopolitical tensions in West Asia are driving up oil and aluminium prices. This benefits upstream oil explorers while squeezing oil market...
- Bandar Abbas under attack again? Why the world fears every strike near Bandar Abbas as the renewed Strait of Hormuz crisis deepens the global oil shockThe US has struck Bandar Abbas again. For the second time in less than a week, American forces targeted Iran's most critical southern port ...
- ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
- Bangladesh launches fresh offshore oil, gas tender with sweeter terms for foreign firmsBangladesh is seeking foreign investment for offshore oil and gas exploration. The country aims to increase its domestic gas supply and les...
- Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
- ‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving pushUnion Minister Hardeep Singh Puri reassured citizens that no lockdown-like restrictions are imminent despite Prime Minister Modi's call for...
- Explained: Why Vedanta shares are up 4% after government's royalty cut on crude oilVedanta shares rallied after the Centre reduced royalty rates on crude oil and natural gas production, a move expected to lower costs for t...
- India cuts royalty burden on oil and gas producers in push for domestic outputIndia's Centre has lowered royalty rates for crude oil and natural gas production. This move aims to encourage more domestic exploration an...
- Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
- Lessons from Hormuz crisis: Vedanta’s Anil Agarwal shares how India can break the 88% crude dependency cycleRecent Strait of Hormuz tensions reveal India's deep dependence on imported oil. Vedanta Chairman Anil Agarwal stresses India is under-expl...
- From uncertainty to discovery: Union Minister Hardeep Singh highlights India's 'data-first' strategy to unlock offshore energy wealthIn his posts on X, the Minister for Petroleum and Natural Gas, Shri Hardeep Singh Puri, highlighted that India is moving beyond blind explo...
- Drill India drill: Iran war triggers India’s boldest hunt for oilThe Iran war has pushed countries to prioritise energy self-reliance, with India accelerating an already underway shift toward boosting dom...
- ONGC floats $20 billion global tender for deepwater rigsOil and Natural Gas Corporation plans a massive oil exploration program. The company will spend between $18 to $20 billion to hire deep-wat...
- ‘Samudra Manthan’: What's India’s National Deep Water Exploration Mission and how offshore oil and gas can cut India’s import dependenceIndia has launched the National Deep Water Exploration Mission to boost domestic oil and gas production and reduce its heavy reliance on im...
- India set to launch national deepwater exploration mission: PM ModiPrime Minister Modi announced India's plan to launch a deepwater exploration mission, aiming to boost domestic oil and gas production and r...
- India's top oil explorer ONGC signs MoU with France's TotalEnergiesIndia, the world's third biggest oil importer and consumer, ships in over 85% of its oil from overseas. The country wants to quickly moneti...
- RIL looks to Shell, BP to bid for new oil blocksRIL may finalise one of these global majors as its strategic partner for exploration blocks in the seventh round of bidding under NELP. Rea...
- Govt denies deepwater exploration for novicesTHIS could turn out to be a party pooper for aspirants of deepwater exploration blocks.
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