petroleum exploration

Argentine oil firm looks to attract investors

August 31st, 2012 - 1:26 pm ICT by IANS
Buenos Aires, Aug 31 (IANS/EFE) The CEO of Argentine state-run oil firm YPF has expressed confidence in the company's future and urged multinational corporations to come on board as partners ... Read more...

Posted in Business |

Bangladesh discovers gas reserve

August 20th, 2012 - 5:54 am ICT by IANS
Dhaka, Aug 20 (IANS) Bangladesh has discovered a new inland gas field, Xinhua reported.The reserve is located in Sylhet district, about 240 km from Dhaka.Mortuza Ahmad Faruque, managing director ... Read more...

Posted in Business |

India seeks security of oil investments in Sudans

May 22nd, 2012 - 7:59 pm ICT by IANS
New Delhi, May 22 (IANS) With the conflict between Sudan and South Sudan escalating, India has conveyed to the leaderships of both countries the urgent need to resolve all issues ... Read more...

Posted in Business |

India calls for dialogue between Sudan, South Sudan

April 12th, 2012 - 11:52 pm ICT by IANS
New Delhi, April 12 (IANS) As the conflict intensified amid reports of Sudanese warplanes launching their first attack on a key South Sudanese town, India, which has around $2.5 billion ... Read more...

Posted in Uncategorized |

‘Indian oil investments in both Sudans safe’

April 4th, 2012 - 8:14 pm ICT by IANS
New Delhi, April 4 (IANS) Both Sudan and South Sudan have assured India that its $2.5 billion investment in the oil industry spanning the trans-national border are safe and will ... Read more...

Posted in Business |

GoM accepts Chawla panel report on natural resources

October 15th, 2011 - 7:15 pm ICT by IANS
New Delhi, Oct 15 (IANS) A group of ministers (GoM) headed by Finance Minister Pranab Mukherjee has accepted most of the recommendations of a committee set up to suggest ... Read more...

Posted in Business |

Bangladesh discovers gas field with huge reserves

September 26th, 2010 - 2:15 pm ICT by IANS
Dhaka, Sep 26 (IANS) A new gas field with a possibility of a two to three trillion cubic feet (tcf) reserve has been found in Bangladesh, an official said. The gas structure in ... Read more...

Posted in Business |

India asks Sudan for more exploration acreage

January 25th, 2010 - 9:58 pm ICT by IANS
New Delhi, Jan 25 (IANS) India has asked Sudan to increase the acreage of petroleum exploration and offered help in building up the downstream sector of the North African sector. This was stated ... Read more...

Posted in Business |

Separate contract okayed for oil exploration in Nagaland

November 5th, 2009 - 8:27 pm ICT by IANS
New Delhi, Nov 5 (IANS) The Cabinet Committee for Economic Affairs (CCEA) Thursday decided to split the production sharing contract for a block in north-eastern India to facilitate more exploration in ... Read more...

Posted in Business |

Sri Lanka, Reliance Industries in oil exploration talks

September 14th, 2009 - 8:22 pm ICT by IANS
New Delhi, Sep 14 (IANS) The Mukesh Ambani-led Reliance Industries is in talks with the Sri Lankan government for exploring oil in the island country. The government is "in talks with Reliance for ... Read more...

Posted in Business |

NRE to issue bonus shares to non-promoters

August 10th, 2009 - 4:33 pm ICT by IBNS
Ahmedabad, Aug 10 (IBNS) Gujarat NRE Mineral Resources Limited (GNMRL), an associate of Gujarat NRE Coke Limited, (GNCL) will issue of bonus shares in the ratio of one equity share for every ... Read more...

Posted in Business |

Modi’s African visit has great significance: industry

November 16th, 2008 - 5:52 pm ICT by IANS
Ahmedabad, Nov 16 (IANS) Praising Chief Minister Narendra Modi's visit to Uganda and Kenya, beginning Monday, the Gujarat Chamber of Commerce and Industry (GCCI) Sunday said African countries has huge business potential ... Read more...

Posted in Business |

ONGC Videsh consortium strikes oil for the second time in Egypt

November 13th, 2008 - 5:01 pm ICT by ANI
New Delhi, Nov.13 (ANI): ONGC Videsh Ltd. and its partner IPR Red Sea Inc. have made a second oil discovery in the North Ramadan Concession, Gulf of Suez, Egypt. The discovery in ... Read more...

Posted in National |

Scientists use bacteria to find oil, natural gas

August 12th, 2008 - 5:08 pm ICT by IANS
Bangalore, Aug 12 (IANS) Vengannapalli, a nondescript village in Anantapur district of Andhra Pradesh, may be sitting on a reservoir of gas or oil, say scientists who have been able to make ... Read more...

Posted in Sci-Tech |

Cairn to begin exploration in Bihar after monsoon

July 3rd, 2008 - 3:04 pm ICT by IANS
Patna, July 3 (IANS) Energy major Cairn India will begin the next phase of oil and natural gas exploration in Bihar after the monsoon, a company official said Thursday. The first proposed ... Read more...

Posted in Business |

Cuba to start oil exploration in Gulf of Mexico

April 17th, 2008 - 5:38 pm ICT by admin
Havana, April 17 (IANS) Spurred by experts' reports that Cuba is sitting on oil, the government has decided to start drilling in the Gulf of Mexico next year, Spain's EFE news agency ... Read more...

Posted in World |

Another Chinese firm’s India plan hits roadblock

March 17th, 2008 - 12:34 pm ICT by admin
New Delhi, March 17 (IANS) Despite warming Sino-Indian ties after the Beijing visit of Prime Minister Manmohan Singh, yet another Chinese firm has been denied entry into India on suspicion that the ... Read more...

Posted in Business |