Alaska's Cook Inlet basin still has potential for abundant natural gas and oil discoveries even after five decades of production, according to a federal report issued on Tuesday, signaling potential revenue for the state and more interest from developers.

In the first resource assessment issued since 1995, the U.S.

China

Humans are a much bigger problem than wolves for a caribou herd in the oil sands area of Alberta, Canada, scientists reported last week in Frontiers in Ecology.

Studies of scat of moose, caribou and wolves in the area showed that caribou accounted for only 10 percent of the animals consumed by wolves. Eighty percent of the wolves

The Arkansas Oil and Gas Commission on Tuesday proposed a permanent moratorium on disposal wells related to natural gas drilling in a 1,150-square-mile area in the center of the state. State scientists have found a highly suggestive link between the operation of these wells and a swarm of more than 1,220 earthquakes since early last fall, including a 4.7-magnitude quake in February.

New Delhi: Reliance Industries Ltd

SALE OF 30% STAKE IN OIL, GAS BLOCKS
Clearing the last hurdle, the Home Ministry has given unconditional approval for UK's BP to buy a 30 per cent stake in Reliance Industries' oil and gas blocks, including the showcase KG-D6 gas fields, for $7.2 billion.

The Ministry of Home Affairs wrote a one-page letter to the Petroleum Ministry on June 1 giving security clearance and a no-objection certif

AGARTALA, June 15

The Home Ministry has given unconditional approval to Reliance Industries for the sale of a 30 per cent stake in 23 oil and gas properties, including the Mukesh Ambani-led firm

KG Basin, Barmer, Panna-Mukta-Tapti Under Scrutiny
New Delhi:The Comptroller and Auditor General (CAG) has said oil ministry and its regulatory arm for oil hunting companies, Directorate General of Hydrocarbons, showed favour to at least three explorers.

The draft report, which is awaiting oil ministry

In a disquieting development for Reliance Industries, oil regulator DGH has refused to accredit three natural gas discoveries made by the company at its KG-D6 block, where revival of the sagging output depends on production from new finds.

The Directorate General of Hydrocarbons (DGH) rejected D-30, D-31 and D-34 finds in the KGDWN-98/3 or KG-D6 block as commercially exploitable discoveries on