BEIJING: China has joined the world's elite club of offshore oil producers after China National Offshore Oil Corp (CNOOC) announced that its oil and natural gas output surpassed 60 million metric tonnes in 2010.

The country's largest offshore oil explorer's oil and gas production last year totalled 64.13 million metric tonnes of oil equivalent, of which 50 million was produced domestically, sai

Rutam Vora / Ahmedabad December 28, 2010, 1:24 IST

Eleven companies, including international giants, have evinced interest in Oil and Natural Gas Corporation

Gireesh Chandra Prasad

Global oil and gas field services majors Schlumberger and Halliburton are likely to be technology partners for India in its ambitious programme to explore shale gas, a new source of energy, from next year.

Gireesh Chandra Prasad

Environment issues could mar the country

Mumbai, Nov. 29: Bharat Petroleum Corp Ltd (BPCL) and Videocon Industries annou-nced a major natural gas discovery in the offshore space in Mozambique on Monday.

Oil exploration and production companies are counted among the bad boys when it comes to environmental damage.

Shale gas is the new buzzword. India is believed to have enormous amounts of shale gas deposits, according to studies conducted by Oil and Natural Gas Corporation of India (ONGC) in the Damodar (West Bengal) and Cambay (Gujarat) basins. P.K.

The Oil and Gas Development Company Limited (OGDCL) has planned to drill 11 development wells in Uch Gas field area of Balochistan. Two wells are already being drilled while drilling of planned wells will start during current financial year.