Not everybody is enthused by the crashing international crude prices. As prices dip below the strategically-significant $60 per barrel mark, recent investments made in exploration and production (E&P) activities in India could come under a cloud. Investments in E&P have gained momentum since 2006, while crude prices touched a high of $147 earlier this year.

Nellore, Oct. 31: The district authorities on Friday alerted the Oil and Natural Gas Commission after noticing fire coming out of a bore drilled in an aqua-culture pond in Mypadu, 30 km away from here. The blaze is emerging around 15 to 20 feet from the ground level and is blue in colour.

The inauguration of the clearing house for Coal Bed Methane (CBM) this November at Central Mine Planning and Design Institute (CMPDI) here would be a high-voltage affair. For, officials from the energy department of the US and the country


This report of the standing committee on petroleum and natural gas deals with the action taken by the Government on the recommendations contained in the 17th report (14th Lok Sabha) of the standing committee on petroleum & natural gas (2007-2008) on

Pune, September 24 In what could prove to be a path-breaking discovery for the Oil exploration and production business, scientists at Agharkar Research Institute (ARI), Pune have identified environment friendly bacteria that allows extraction of oil at temperatures more than 90 degrees Celsius.

Following the collapse of banking powerhouse Bear Stearns, BW decided to scrutinise the Indian terrain for possible industries and companies that might follow a similar fate. In this week

LAUREN ALLAN-VAIL When the writer Anton Chekhov described Sakhalin as a hellish place, he could have scarcely anticipated the ravages wrought by big oil companies on

India's largest crude oil producer Oil and Natural Gas Corporation (ONGC) is on the verge of reporting "losses' on every barrel of crude oil that it sells due to the high subsidy burden that it

Flagship explorer Oil and Natural Gas Corporation has drilled several holes in CAG's recent observations, first reported by TOI, that ONGC was