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Top Trump administration officials fresh off touring one of the country's largest oil fields in the Alaska Arctic headlined an energy conference led by the state's Republican governor on Tuesday that environmentalists criticised as promoting new oil and gas drilling and turning away from the climate crisis. Several dozen protesters were outside Governor Mike Dunleavy's annual Alaska Sustainable Energy Conference in Anchorage, where US Interior Secretary Doug Burgum, Energy Secretary Chris Wright and Environmental Protection Agency Administrator Lee Zeldin were featured speakers. The federal officials were continuing a multiday trip aimed at highlighting President Donald Trump's push to expand oil and gas drilling, mining and logging in the state. The trip has included meetings with pro-drilling groups and officials, including some Alaska Native leaders on the petroleum-rich North Slope, and a visit to the Prudhoe Bay oil field near the Arctic Ocean that featured selfies near the ..
The government has offered two discovered oil and gas fields in Mumbai offshore and a coal bed methane field in West Bengal for bidding in the latest Discovered Small Fields (DSF) bid round, regulator DGH said on Monday. In a notice on its website, the Directorate General of Hydrocarbons (DGH) said, notice inviting offer will be launched on May 28 and bids will close on July 15. "With the objective to augment domestic production of Petroleum and Natural Gas, the Ministry of Petroleum & Natural Gas, Government of India announces the Special DSF Bid Round offering two (02) Discovered Small Field located in Mumbai Offshore (MB/OSDSF/C37/2024 & MB/OSDSF/B15/2024) and one (01) Discovered Coal Bed Methane field located in West Bengal (SR-ONCBM (Raniganj)-2024) through International Competitive Bidding (ICB)," it said. It however did not give details like reserves. Those may be included in the NIO. DSF was launched in 2016 and since then three rounds have been held. In the first ...
Pricing and marketing freedom are a must to ensure billions of dollar investment as costs of finding and producing natural gas from deposits lying several hundred metres below seabed are market driven, producers have told a government-appointed panel reviewing gas pricing. In an investor call post announcement of company's second quarter earnings on October 21, Sanjay Roy, senior vice-president for exploration and production, Reliance Industries Ltd, stated that producers are being represented by Association of Oil and Gas Operators (AOGO) at the panel whose report is expected in the next few weeks. "Potentially, the upstream producers are saying that there should be marketing and pricing freedom, pursuant to the policies and the contracts," he said. "The counter to elevated prices is increment to production, as we have seen in the case of KG-D6, and these investments will have to happen in frontier areas where there seems to be larger potential for such investments." Reliance and i