The tepid response to the eighth round of the New Exploration Licensing Policy questions its overwhelming merits
Bids have been received for only 36 of the 70 blocks, offered for exploration in the eighth round of the New Exploration Licensing Policy (NELP). The government remains sanguine about the response, considering the global financial situation. But the fact is that it was a damp squib.

Amitav Ranjan

The petroleum ministry plans to change the royalty sharing mechanism to include direct compensation for villages and individuals who forgo their land for oil and gas production.

Ecuador, a member of OPEC, is willing to preserve a tropical forest with reserves of 900 million barrels of oil if rich countries pay it about $360 million a year to keep the petroleum in the ground.

Environmental and pro-drilling advocates pitched dueling messages about expanded offshore oil and natural gas production to the U.S. Interior Department on Monday, as the comment period on a Bush-era energy plan came to a close.

As oil and gas companies press to tap new deposits in remote places, scientists are trying to gauge and limit the ecological impact of pipes and other structures in otherwise wild lands.

Oil in the Bangtar area under Samdrupjongkhar dzongkhag, copper, gold and silver in the black mountain area of central Bhutan and tungsten in Sarpang are the potential minerals an American businessman J Matthew Fifield has offered to prospect for and, if found viable, then extract them.

HYDERABAD: The stage is being set for Andhra Pradesh government to enter into oil and gas exploration and production (E&P) business.

Clearing the decks for floating a new corporation on the lines of the Gujarat State Petroleum Corporation from its side, the AP Industrial Infrastructure Corporation on Tuesday formally decided to enter into a joint venture agreement with the AP Genco.

The ONGC has achieved another breakthrough when it discovered a gas field at Kalaban near Palatana in Tripura

By David Teather, The Guardian

Tar sands extraction is disastrous to the environment, causing deforestation, requiring huge amounts of water.

A long-term decline in the demand for oil could undermine the huge investments in Canadian tar sands, which have been heavily opposed by environmentalists, according to a report.

THE GOVERNMENT will relaunch the country's largest-ever auction of oil and gas blocks on August 8 and will extend the last date of bidding by two months to mid-October.