Drilling

India has at least 13,348 abandoned oil wells with a potential of about 10,600 MW of geothermal power. But it has not exploited even 1 MW so far.

Airtel woos broadband users with 100 mbps offer

Upping its services bouquet amid intense competition in the telecom sector, Bharti Airtel today said its existing as well as new broadband users would be able to access internet speed of up to 100 megabit per second with the use of 'V-fiber' technology.

Govt to auction 69 idle oil & gas fields ceded by ONGC, OIL

In a press briefing, Minister of State (with Independent charge) for Petroleum and Natural Gas Dharmendra Pradhan said the gas produced will be sold at prevailing market price and the government will also be introducing revenue sharing model for the first time in the oil sector.

Gas price hike: ONGC top gainer; see EPS boost, says I-Sec

ONGC would be the biggest benefactor from the natural gas price hike decision taken by the Cabinet Committee on Economic Affairs (CCEA) on Thursday, said Rohit Ahuja of ICICI Securities. He saw the company's EPS to surge by more than 21 percent.

Sandvik Coromant launches new tooling solutions

All new products emanate from market research. This vital work pinpoints the areas of greatest demand -where new innovation will benefit end users the most.

Reliance Industries spuds first exploration well in 5 years

Reliance Industries (RIL) has spud its first exploration well in more than five years on the flagging natural gas fields in KG-D6 block as it looks for new reserves to supplement falling output.

RIL says BP's expertise for gas production is crucial

If the government is serious about hiking India's gas production, then it needs to approve the USD 7.2 billion Reliance Industries (RIL) and BP deal, reports CNBC-TV18's Nayantara Rai quoting sources.

India-focused Hardy Oil sees 2012 output doubling

British oil explorer Hardy Oil and Gas expects its overall production to more than double next year after it expands drilling at its block off the eastern coast of India, top executives said.

Shipping arm to take 1 month to get listed: Essar Shipping

Rajiv Agarwal, CEO and MD, Essar Shipping, in an interview with CNBC-TV18’s Anuj Singhal and Latha Venkatesh, spoke about the latest happenings in his company and the road ahead.

Fertilizer, drilling sectors to outperform: Astrostocktips

Fertilizer and drilling sectors will be getting astrological support, says Satish Gupta of astrostocktips.

Banking, drilling sectors to outperform: Astrostocktips

Banking and drilling sectors will be getting astrological support, says Satish Gupta of astrostocktips.