Indian oil major will expand oil exploration significantly
Indias state-owned Oil and Gas Corporation (ONGC) plans to quadruple its exploration and development area by 2025, from the current 127,000 square kilometers to 500,000 square kilometers, said by Indian Oil and Gas Minister Hardeep Singh Puri. As the worlds third-largest oil importer, India seeks to reduce its heavy reliance on crude imports. Shell ordered to temporarily halt exploration in South Africa A South African high court on Tuesday issued an injunction preventing Shell from conducting seismic tests on South Africas pristine Wild Coast. The ruling follows a public outcry over Shells project on South Africas Wild Coast. Shell insists the practice has been used to explore for oil and gas for decades, but has expressed its willingness to suspend exploration in deference to a local cou
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