After suffering outside criticism over inflated gas reserve estimates for the KG-D6 fields operated by Reliance Industries Ltd. offshore India, the country’s Petroleum and Natural Gas Ministry is now being extra-cautious over the approval of a declaration of commerciality for new discoveries put forward by the company.
The Philippines’ Department of Energy has handed out 15 blocks under its Fourth Philippines Energy Contracting Round in an attempt to spark fresh exploration investment, as it struggles to resolve a seemingly endless ongoing dispute over territory in the South China Sea with its regional rivals.
State-run Coal India Ltd., the world’s largest coal producer, is turning its attention to extracting coalbed methane from its vast number of coal mines in India.
As part of the Malaysian government’s ongoing strategy to increase output at existing fields and boost deepwater activity, state-owned Petronas has unveiled plans to invest US $61.04 billion in the country’s oil and gas sector over the next five years.
Winners of this prestigious award reach across a broad range of disciplines and address a number of problems that pose roadblocks to efficient operations.