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OFFSHORE ENERGY RESOURCES
India needs to strengthen domestic oil exploration, official saysIndia is urged to strengthen its domestic oil exploration capabilities to improve energy security as global tensions rise. Oil India Limite...- 'Passport to the future' or 'the new Dubai': Hunt for oil in Brazil's Amazon fuels hopes and fearsIndigenous chief Wagner Karipuna gazes worriedly at the tranquil river flowing past his village in the Brazilian Amazon as he imagines the ...
- Three nations, one union under strain: The long history behind United Kingdom's latest breakup threatThe United Kingdom formed through centuries of unions and legislation. Recent pacts highlight calls for constitutional change from devolved...
- In 2021, Danish partners launched DecomBlades to recycle retired wind turbine blades. 5 years later, 40 tonnes of recovered glass fibre had entered new blades in TaiwanSince launching in 2021, Denmark’s DecomBlades project has turned retired wind turbine materials into resources for new turbines. Its pyrol...
- In 2017, Japan tested a twin-turbine machine in the Kuroshio Current; the floating device later showed it could generate 100 kW from the Pacific’s “river”Japan's innovative Kairyu turbine has achieved a significant milestone by effectively harnessing strong ocean currents to generate electric...
- In 2024, engineers lowered a 28-ton underwater kite off the Faroe Islands; it generated up to 1.2MW by flying figure-eights faster than the tideAn innovative underwater kite created by a Swedish company is making waves in renewable energy. This device generates significant electrici...
- OIL CMD Ranjit Rath outlines the company's growth prioritiesOIL is eyeing higher domestic oil and gas production, accelerated exploration including deep and ultra-deepwater opportunities, strengtheni...
- India highlights energy security, clean power and emerging tech at G20 Energy meeting in HoustonIndia's Union Power Minister Manohar Lal Khattar addressed G20 energy meetings. He highlighted India's significant progress in energy secur...
- PwC India, US to create 40,000-strong consulting JV: India to get operating controlPwC India and PwC US plan to create a 40,000-employee consulting joint venture that would be worth about $2 billion at launch. PwC India wi...
- In 1969, California witnessed catastrophic oil spill between 3.5 million and 4.2 million gallons of crude into Santa Barbara Channel, leading to rise of modern environmental movement, nearly 6 decades later Donald Trump administration is causing concerns among residents. Here's whyTrump administration, citing a need for energy security and job creation, has already announced plans for new offshore oil leases in Califo...
- The Americas' oil bonanza will outlast the Iran conflictThe Iran war and closure of the Strait of Hormuz are reshaping global oil trade, with producers across the Americas gaining market share fr...
- ONGC to enter oil trading, build strategic reserves as upstream remains coreONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...
- These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analystsEven if the ongoing conflict in the Gulf settles anytime soon (and we certainly hope it does), don’t be surprised if the Nifty and Sensex r...
- China’s bold bet on green hydrogen could determine fuel’s futureChina is making a substantial investment in green hydrogen technology. This ambitious plan aims to significantly increase operational capac...
- In 2023, Kitepower flew a 176-pound fabric wing over a Mayo bog for the first time. 3 years later, it has logged more than 90 flights and over 100 hours generating airborne wind-energy dataKitepower is testing an unconventional approach to renewable energy at a designated airborne wind-energy site in County Mayo, Ireland. Inst...
- Independence Day 2026: PM Modi says ‘no-go’ coastal waters turned into ‘go-ahead’ exploration areasIndia has opened most coastal waters for offshore exploration to discover new hydrocarbon reserves and strengthen energy security. Prime Mi...
- Gaja Alternative Asset Management IPO sets price band for Rs 550 crore issue, opens August 19Gaja Alternative Asset Management is set to launch its Rs 550 crore IPO on August 19, with a price band of Rs 152-160 per share. The issue ...
- ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcingONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and ga...
- India's data centre capacity rises over four-fold to 1,575 MW as AI demand accelerates: GovtSince 2020, India's data centre capacity has surged fourfold to around 1,575 MW. This impressive growth stems largely from rising needs in ...
- ONGC plans 150 deepwater wells under Rs 84,084-crore Samudra Manthan MissionONGC will drill 150 deepwater wells over seven years. The Samudra Manthan scheme aims to boost domestic oil and gas exploration. This initi...
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