Oil Exploration

GeoGlobal deal tainted by lack of diligence, not corruption

The Gujarat government erred in rushing to form a consortium in March 2002, barely a month after the riots, with a company of questionable credentials. But the allegations of corruption don't stand scrutiny.

'APAC, West Africa will show long-term growth in oil exploration'

According to the report, South East Asia and West Africa, Middle East Gulf will show growth in the near to medium term in capital expenditure for oil and gas exploration.

Oil Min mulls allowing exploration wells with conditions

In a significant move, the Oil Ministry is mulling granting permission to drill exploration wells within an oil and gas field but with the condition that cost recovery of such wells would be allowed only in case there is a commercially exploitable discovery.

RIL proposes to drill exploration well in KG-D6 at own cost

Desperate to reverse the falling output at its KG-D6 block, Reliance Industries has proposed to drill the first exploration well in almost five years in the flagging gas fields at its own cost.

Will govt inaction force RIL to exit exploration?

The government's inaction on the policy front is pushing Reliance Industries to take drastic decisions. Will it exit exploration completely?

Vietnam backs India's right to oil exploration in South China Sea

Amid China’s growing assertiveness over the South China Sea, Vietnam Thursday said that India has the right to pursue “exploration and exploitation work” in the area

China warns India against oil exploration in South China Sea

China said that it is opposed to nations outside the region to intervene in the disputed area.

China warns India to keep off South China Sea

Days after India and China discussed the issue of oil exploration in the South China Sea, Beijing today warned that it did not want foreign companies engage in activities in the disputed waters.

China warns India against exploration in South China Sea

China, today, warned India about the pact. A state-run Chinese daily termed India's pact with Vietnam as a "reckless attempt to confront China".