India looking to expand strategic petroleum reserves with new facilities in MP, Rajasthan

India is bolstering its energy security by planning strategic reserves of crude oil (representative image) NEW DELHI: India is looking to expand its strategic petroleum reserves with new facilities at Bina in Madhya Pradesh and Bikaner in Rajasthan, besides adding storage capacity at Mangalore, to strengthen the country’s energy security against supply disruptions.According to a…

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Parliament panel questions why rising capex in oil & gas sector is not leading to higher production

NEW DELHI: A parliamentary committee has questioned whether rising capital expenditure in India’s oil and gas sector is translating into higher domestic production, noting that crude oil output has continued to decline despite a sharp increase in investments.It has asked the petroleum ministry to submit a detailed report explaining how recent exploration reforms and newly…

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Louisiana created 1,170 acres of new wetlands in Barataria Basin; one year later, shrimp and crabs are returning to the restored habitat

One year after Louisiana restored 1,170 acres of wetlands, shrimp, crabs and red drum are returning to the habitat. Louisiana’s coastline is showing early signs of recovery after a major wetland restoration project created 1,170 acres of new marsh habitat in the Barataria Basin. Just one year after construction, species including white and brown shrimp,…

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