New Oil And Gas Drilling

US President Joe Biden's administration announced Wednesday it is banning new oil and gas drilling over a vast region of Alaska home to iconic animal species.

UK Prime Minister Rishi Sunak has backed plans for new fossil fuel drilling off Britain's coast, saying in a Sunday newspaper interview he would be "pragmatic and proportionate" about reaching net zero.

US President Barack Obama on Tuesday banned new oil and gas drilling in federal waters in the Atlantic and Arctic Oceans, in a push to leave his stamp on the environment before Republican Donald Trump takes office next month.

He'd borrowed from banks and investors and retirement funds, all in a frenzied mission to drill for oil and gas, and by the time Terry Swift realized he'd gone too far, this was his debt: $1.349 billion. His company, founded by his father almost 40 years earlier, had plunged into bankruptcy and laid off 25 percent of its staff. Its shares had been ...

India's Oil and Natural Gas Corp hopes to agree new cheaper drilling contracts for its western offshore fields, two sources involved in the matter said, in its biggest ever cost-saving drive in response to lower crude prices.

State-owned ONGC has approached Ministry of Environment and Forest (MoEF) for the permission to drill 24 development wells and to establish production facility in Krishna-Godavari basin, a top official said today.

Oil and Natural Gas Corp (ONGC) has upgraded at its own cost an ultra deep-sea drilling rig it had hired from the Reliance Industries (RIL) and will return the upgraded rig to the Mukesh Ambani firm at July end. ONGC had in July 2009 hired the rig Dhirubhai Deepwater KG-1 for four years at close to Rs 3,915 crore.

Reliance Industries plans to drill one gas well and convert two sick oil wells into gas wells on the MA oilfield in the predominately gas-rich KG-D6 block as part of its attempts to boost gas production.

US President Joe Biden's administration announced Wednesday it is banning new oil and gas drilling over a vast region of Alaska home to iconic animal species.

UK Prime Minister Rishi Sunak has backed plans for new fossil fuel drilling off Britain's coast, saying in a Sunday newspaper interview he would be "pragmatic and proportionate" about reaching net zero.

US President Barack Obama on Tuesday banned new oil and gas drilling in federal waters in the Atlantic and Arctic Oceans, in a push to leave his stamp on the environment before Republican Donald Trump takes office next month.

He'd borrowed from banks and investors and retirement funds, all in a frenzied mission to drill for oil and gas, and by the time Terry Swift realized he'd gone too far, this was his debt: $1.349 billion. His company, founded by his father almost 40 years earlier, had plunged into bankruptcy and laid off 25 percent of its staff. Its shares had been ...

India's Oil and Natural Gas Corp hopes to agree new cheaper drilling contracts for its western offshore fields, two sources involved in the matter said, in its biggest ever cost-saving drive in response to lower crude prices.

State-owned ONGC has approached Ministry of Environment and Forest (MoEF) for the permission to drill 24 development wells and to establish production facility in Krishna-Godavari basin, a top official said today.

Oil and Natural Gas Corp (ONGC) has upgraded at its own cost an ultra deep-sea drilling rig it had hired from the Reliance Industries (RIL) and will return the upgraded rig to the Mukesh Ambani firm at July end. ONGC had in July 2009 hired the rig Dhirubhai Deepwater KG-1 for four years at close to Rs 3,915 crore.

Reliance Industries plans to drill one gas well and convert two sick oil wells into gas wells on the MA oilfield in the predominately gas-rich KG-D6 block as part of its attempts to boost gas production.