The Arctic needs to be better protected from a rush for natural resources as melting ice makes mineral and energy exploration easier, the United Nations' Environment Programme (UNEP) said.

ONGC, BPCL soon to sign an MoU for putting up LNG terminal at Mangalore

ONGC, Six years after the $1 billion project was put in cold storage, state-owned Oil & Natural Gas Corp (ONGC) will by this month-end revive plans to set up a liquid gas (LNG) import terminal near its Mangalore refinery in Karnataka. “In next 10 to 15 days, ONGC and Bharat Petroleum Corp Ltd (BPCL) will sign an MoU for putting up a LNG terminal at Mangalore,” Oil Minister M Veerappa Moily announced at the inauguration of state gas utility GAIL India Ltd’s Dabhol-Bangalore gas pipeline.

CHEMICAL company Orica did not inform the Environment Protection Authority of an underground leak from its former ChlorAlkali plant at Botany on the same day residents nearby complained of nausea a

This would help GSPC create India's largest city gas distribution company

Five months after it acquired 65% stake in Gujarat Gas Company Ltd (GGCL), GSPC or Gujarat State Petroleum Corporation is planning to merge its city gas distribution entity, GSPC Gas Company Ltd with Gujarat Gas Corporation Limited (GGCL). Persons close to the development said this would not only help GSPC create India's largest city gas distribution company but also allow it to transfer the loans it took to acquire GGCL on its books as the company is listed.

State-owned gas firm GAIL (India) Ltd and US arm of France’s EDF group have placed a joint bid to acquire some of Spanish energy company Repsol SA’s LNG assets in Trinidad and Tobago.

‘‘We have placed a non-binding bid,’’ GAIL Chairman and Managing Director BC Tripathi told reporters here. Repsol has put on sale its gas assets in Canada, Peru and Trinidad & Tobago. Refusing to divulge details, Tripathi said the bids, which were submitted recently, were initial and non-binding in nature and GAIL-EDF combine will make a financial bid only once they are shortlisted.

U.S.

BP could be nearing a settlement of federal claims with the U.S.

A draft document by the Arctic Council fails to define liability for accidents in an icy region opening up due to global warming

A blast occurred at a chemical plant in East China's Shandong province on Saturday, but casualties remain unknown.

Germany's upper house of parliament passed a resolution on Friday urging Chancellor Angela Merkel's government to tighten the rules for controversial modern drilling techniques, or fracking, for un