Uttarkashi tunnel rescue: BRO personnel to quickly transport machines for vertical drilling to hill topOfficials are exploring the option of vertical drilling too as the heavy-duty auger machine that was used in the horizontal drilling throug...
US helps forge global group on measuring climate-warming emissions from natural gasThe US and more than a dozen countries and groups have forged a working group to advance efforts to measure greenhouse gas emissions across...
Saudi-backed oil and gas driller ADES expected to price IPO at top of rangeThe company backed by Saudi Arabia's PIF sovereign wealth fund is expected to price its shares at 13.50 riyals ($3.60), the bank said in a ...
Oil prices climb to highest in years as COVID recovery, power generators stoke demandOil prices hit their highest in years on Monday as demand continues its recovery from the COVID-19 pandemic, boosted by more custom from po...
Oil drillers and Bitcoin miners bond over natural gasThe trailers - carrying pipes, generators and computers - are called “mining rigs.” But their owners aren’t there to drill for oil. They ar...
Oil drillers and Bitcoin miners bond over natural gasThe trailers - carrying pipes, generators and computers - are called "mining rigs." But their owners aren't there to drill for oil. They ar...
Oil prices gain as inventories fall and demand picks upBrent crude was up 57 cents, or 1%, at $55.61 a barrel by 1449 GMT. U.S. crude gained 41 cents, or 0.8%, to $52.61. Both benchmarks gained ...
Crude oil prices to remain choppy in the near termOil markets are faced with a triple and not double whammy--Texas, Russia and OPEC.
Oil producers prepare for second-half slump as rally sputtersCrude has declined more than 10 per cent since hitting a 2016 peak in early June, stoking fears of another second-half slump.
Oil producers prepare for second-half slump as rally sputtersSince the start of 2015, 85 North American oil and gas producers have gone bankrupt, according to law firm Haynes & Boone LLP.
Cairn India targets 18% output boost from Rajasthan unitCairn India, the nation’s biggest onshore oil driller, is targeting an 18% increase in output from its wells in the northern state of Rajas...
Ballooning debt threatens to collapse shale industryDrillers' debt ballooned to $235 billion at the end of the first quarter, a 16% increase in the past year, even as revenue shrank.
Shale oil drillers are on the brink of a debt crisisShale oil drillers are headed for a major debt crisis.The shale boom was fueled mostly by debt, which has grown 16% in the first quarter.
- GSPC spuds third appraisal well in DDE of KG block
Gujarat State Petroleum Corporation today said it has spudded its third appraisal well in the Deen Dayal East area of the KG Block.
- Aban Offshore bags contract worth $159 mn from Brunel Shell
Offshore drilling and oil field services provider Aban Offshore today said it has bagged a contract valued at $159 million (about Rs 716 cr...
- British gas Petroleum Geosciences Research lab at IIT
There is going to be tremendous scope for technical manpower in the field of hydrocarbon as exploration activities have increased several f...
- British gas Petroleum Geosciences Research lab at IIT
There is going to be tremendous scope for technical manpower in the field of hydrocarbon as exploration activities have increased several f...