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OIL EXPLORATION
DEE Development Engineers eyes global partner for nuclear piping space JV: ChairmanDDEL is the leading industrial pipe fabrication player in India and among the top five globally. It welds steel, stainless steel and other ...- Vedanta Oil & Gas partners with Beicip-Franlab to accelerate exploration, production in NortheastAs part of the engagement, Beicip-Franlab will undertake seismic interpretation, geological and reservoir studies, prospect ranking, resour...
- ONGC can withstand oil prices in $60-90 range, says chairmanONGC chairman Arun Kumar Singh stated the company is prepared for oil prices between $60-90 per barrel. The company's integrated operations...
- 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...
- Venezuela's interim president says US energy deal will last 25 yearsVenezuela's interim president announced a historic 25-year energy accord with the United States. This agreement targets increasing crude ou...
- ONGC to invest Rs 1 lakh crore for deepwater exploration, says chairmanOil and Natural Gas Corporation plans a significant investment over five years. The company will explore local deepwater and ultradeep wate...
- Researchers heated sewage sludge at 325°C for 30 minutes before centrifugation; the process converted 88% of the sludge and recovered bio-oil at up to 64%Researchers have pioneered an innovative method that transforms sewage sludge into valuable bio-oil using hydrothermal liquefaction techniq...
- Indian Oil ramps up LPG output 30% as Hormuz disruption tests India’s energy securityIndian Oil Corporation increased LPG production by nearly thirty percent. Refineries operated above full capacity to ensure energy supply c...
- Kuwait hedges security bet, holds defence meet with IndiaKuwait and India convened their inaugural joint defence committee meeting in New Delhi, marking a significant step towards bolstering coope...
- Govt plans to start recovery 7 years after deepwater explorers begin productionThe government will support deepwater exploration through 2030-31 with significant funding. About forty-three thousand crore rupees will fu...
- ONGC explores drillship acquisition/JV for deepwater capacity under Samudra ManthanONGC seeks dedicated deepwater drillship capacity for its exploration program. The state explorer issued an expression of interest for rig-...
- OIL, IOCL exit Gabon block, end decade-old oil projectOil India and Indian Oil have relinquished their Shakthi-II exploration block in Gabon. This action terminates their Production Sharing Con...
- EESL, PNGRB ink pact to deploy smart domestic PNG metersEnergy Efficiency Services and the Petroleum and Natural Gas Regulatory Board have signed an initial pact. This collaboration aims to accel...
- Iraq opens oil exports beyond Hormuz after months of war, eyes ship-to-ship route off OmanIraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz ...
- BPCL to get first Iraqi crude cargo as Hormuz disruption persistsBharat Petroleum Corporation will soon receive its first Iraqi crude oil shipment. This move aims to secure supplies while facing disruptio...
- BPCL explores buying Gulf oil on FOB basis, lifts Iraqi oilBharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the St...
- In 1959, 5,000 people lived on Japanese 'battleship island'. Then it was abandoned almost overnight. The UNESCO site that inspired James Bond's Skyfall’s villain lairJapan’s Hashima Island, or Gunkanjima, was once a bustling coal-mining community with more than 5,000 residents and one of the world’s high...
- AI could unlock $230 billion annually for upstream oil, gas sector: McKinseyArtificial intelligence could unlock approximately USD 230 billion in annual value across the global upstream oil and gas sector as the tec...
- India's exports to Iran set to fall further due to Dubai halt, US sanctionsNew U.S. sanctions and UAE trade suspension may disrupt Indian exports to Iran. Rice, tea, and pharmaceutical shipments routed through Duba...
- Hardeep Puri hails Assam Hydrocarbon Policy as landmark initiative; policy comes into forceWelcoming the policy, Puri said the initiative would put the Northeast on the path of fast-paced development while helping unlock Assam’s u...
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