petroleum resources

Environment think tank welcomes mining revenue sharing

July 8th, 2011 - 11:40 pm ICT by IANS
New Delhi, July 8 (IANS) Environmental think tank Centre for Science and Environment Friday welcomed a group of ministers' decision to share mining profits with local communities."The government's proposal ... Read more...

Posted in Environment |

India asks Nigeria for more crude

January 26th, 2010 - 10:34 pm ICT by IANS
New Delhi, Jan 26 (IANS) India has asked Nigeria for more help in procuring crude, even as it promised to resolve outstanding issues related to its existing oil blocks. Petroleum and Natural Gas ... Read more...

Posted in Business |

Iraq signs first oil contract with foreign consortium in 36 years

November 4th, 2009 - 12:08 am ICT by IANS
Baghdad, Nov 3 (DPA) The government of Iraq Tuesday signed a contract with a Chinese-British consortium to develop southern Iraq's massive Rumaila oil field, a spokesman said. Iraqi oil ministry spokesman Assim Jihad ... Read more...

Posted in Business |

World’s 30 percent undiscovered gas and 13 percent oil may lie north of Arctic Circle

May 29th, 2009 - 12:11 pm ICT by ANI
London, May 29 (ANI): A detailed geological survey has revealed that around 30 percent of the world's yet-to-be discovered gas resources and 13 percent of its undiscovered oil reserves may lie north ... Read more...

Posted in Health Science |

ONGC to decide on exploration in Sri Lanka in a month

January 14th, 2009 - 9:05 pm ICT by IANS
New Delhi, Jan 14 (IANS) The state-run Oil and Natural Gas Corp (ONGC) will take a decision on exploration of hydrocarbon assets in a block offered by the Sri Lankan government within ... Read more...

Posted in Uncategorized |

Sri Lanka expects Cairn India to extract oil by 2010 (Lead)

July 7th, 2008 - 9:34 pm ICT by IANS
By P. Karunakharan Colombo, July 7 (IANS) The Sri Lankan government Monday entered into a petroleum resources agreement with Cairn India Ltd to explore oil and natural gas deposits in the northwestern Mannar ... Read more...

Posted in South Asia |

Cairn India signs oil exploration pact with Sri Lanka

July 7th, 2008 - 7:13 pm ICT by IANS
Colombo, July 7 (IANS) Cairn India Ltd Monday entered into an agreement with the Sri Lankan government to explore the oil and gas deposits in the north-western Mannar gulf of the island, ... Read more...

Posted in South Asia |

Worlds first eco-friendly plastic created

July 5th, 2008 - 2:00 pm ICT by ANI
London, July 5 (ANI): A scientist has invented the worlds first environment-friendly polymer that degrades faster than other plastics.According to a report in The New Straits Times Online, the invention, known ... Read more...

Posted in Entertainment |

Qatar to announce its biggest ever budget

March 24th, 2008 - 6:31 pm ICT by admin
(Gulf Business Capsule)Dubai, March 24 (IANS) Qatar is all poised to announce its biggest ever budget for the financial year 2008-09 which starts April 1. According to the Arabic daily Al Sharq, ... Read more...

Posted in Business |