Pakistan

The Obama administration said on Tuesday it rolled back a Bush-era rule excusing oil and gas companies in polar bear habitat from special reviews designed to ensure they are not harming the animals.

Nevin John / Mumbai April 28, 2009, 0:44 IST

Production from the field estimated to save India an annual foreign exchange outflow of $20 billion.

CHENNAI: Challenges faced by oil sector and growing energy demand were discussed at a two-day seminar on

Pakistan and China are set to sign memorandum of understanding (MoU) to enter into joint venture for oil and gas exploration. The MoU will be signed by Advisor to Prime Minister on Petroleum and Natural Resources Dr Asim Hussain, who left here for China on Friday.

The government is likely to allocate Tk 1,018 crore for Energy and Mineral Resources Ministry for exploration of gas and oil fields and development of existing gas distribution pipeline to provide better services to clients.

It will be a component of the annual development programme (ADP) for next fiscal.

The allocation will be Tk 228.97 crore higher than that of the ongoing ADP budget.

Pakistan has urged Iraqi oil and gas exploration companies to enter into joint ventures with Pakistan Petroleum Limited (PPL) and the Oil and Gas Development Company Limited (OGDCL) to explore oil and gas reserves in this country.

At least four more blocks in Assam-Arakan basin including two each in Assam and Manipur have been thrown open for bidding under the NELP- VIII. At least one block of Coal Bed Methane

FIRST OF ITS KIND: A.K.Hazarika, Director (Onshore), ONGC (second from left),taking a look at the VAP project at the Kuthalam plant of ONGC in Nagapattinam on Wednesday.

It seemed like a symbolic tipping point for the nation in August when, in the midst of record high gasoline prices and a presidential campaign, the Santa Barbara County Board of Supervisors abandoned its longtime opposition to offshore oil drilling.

With offshore oil drilling platforms in the distance, children played in the surf early this year in Santa Barbara County, Calif.