Oil Exploration

  • Moily retracts statement on threat from import lobby June 15, 2013

    Bangalore: Petroleum Minister M Veerappa Moily Saturday denied he had said that he faced a threat personally from oil import lobbies. "I did not say that. My statement has been confused by media," he told reporters on the margins of a function in Bangalore. Moily said what he had stated was...
  • Cairn India makes new oil discovery in Rajasthan block April 9, 2013

    New Delhi: Cairn India on Tuesday said it has made the 26th oil discovery in its prolific Rajasthan block. The discovery follows allowing the company to explore for oil on block well after expiry of the exploration phase. "Cairn India has made its latest oil discovery, the 26th discovery so...
  • Oil Min wants Cabinet to decide on RIL's proposal August 22, 2012

    New Delhi: The Oil Ministry is likely to ask the Cabinet to decide on proposals of Reliance Industries and Cairn India to drill exploration wells in already producing oil and gas fields. While RIL has proposed to drill an exploration well on the flagging D1&D3 gas fields in the KGD6 block...
  • China warns India again on South China Sea April 5, 2012

    New Delhi: China has once again warned India against exploring oil in the South China Sea. The warning came a day after China lost ground on the issue at the ASEAN summit that ended in Cambodia on Wednesday. The South China Sea dispute was discussed at the ASEAN summit despite...
  • Beijing begins mapping disputed South China Sea March 27, 2012

    Beijing: In the thick of maritime disputes with several of its neighbours, China said on Tuesday it is mapping South China Sea (SCS) with an aim to step up exploration for oil and gas and to reinforce its territorial claims. China may step up its exploration of South China Sea to...
  • Stay away from South China Sea: China warns India March 25, 2012

    Beijing: Terming the South China Sea as a disputed region, China has warned India to refrain from undertaking oil exploration in the resourcerich Vietnamese blocks in order to ensure "peace and stability" in the area. "The area is disputed one. So we do not think that it would be good for...
  • India's oil move serious provocation: China daily September 16, 2011

    Beijing: Chinese Foreign Ministry on Friday refused to join issue with India over its assertion to go ahead with oil exploration cooperation with Vietnam in the South China Sea despite Beijing's objections, but an influential official daily said the move constituted "serious political provocation" and should be "resolutely stopped". Chinese Foreign...
  • ExDG Hydrocarbons booked for helping oil firms July 1, 2011

    New Delhi: The Central Bureau of Investigation (CBI) has filed an FIR against former director general of Hydrocarbons VK Sibal on charges of scuttling investigation into discrepancies in oil exploration. The investigating agency on Friday conducted raids at 15 places across New Delhi, Noida and Dehra Dun. Sibal's residence in Noida...
  • Forbes India: the man who finds oil, strikes gold June 30, 2009

    Few contrasts could be starker than the sandy, brown landscape of the Thar dotted with camels and chinkaras, when juxtaposed against the cold, white expanse of western Greenland where surface transport is still largely by husky sledges. The two regions have little in common, but not for Mike Sniffer Watts. In...
  • Govt approves RIL gas price | Paswan, CPIM cry foul September 14, 2007

    New Delhi: Reliance industries pricing formula for gas has been approved with minor modifications. The new price is just 13 cents lower than the proposed price of $4 dollars 22 cents per mmbtu. Sources say that all the eight ministers in the EGoM (Empowered Group of Ministers) were unanimous in their...