Several locals have filed lawsuits against Mansarovar Energy, arguing that the company is responsible for decades of pollution in the Palagua wetlands.
More than 2,800 kilometers (1,740 miles) of pipelines run through the Amazon and along the coasts of Peru, Bolivia, Ecuador and Colombia. These hundreds of pipelines transport millions of liters of crude oil from the most delicate ecosystems through to the cargo ships that will transport them to their final destination. Along the way, in […]
José Celestino Trujillo is a fisherman who lived for nearly 80 years in the same rural district in central Colombia. For decades, he had borne witness to the transformations that have been wrought upon the land of Puerto Boyacá where he was born. One of the areas where these changes are most apparent, José Celestino […]
The oil debt: More than 6,000 polluted sites fester across Amazonian countries mongabay.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mongabay.com Daily Mail and Mail on Sunday newspapers.
ONGC surged 8.02% to Rs 98.95 after a global brokerage firm reportedly upgraded the stock to overweight from equal weight and raised its price target to Rs 115 from Rs 84 earlier.
As per reports, the brokerage cited higher probability of recovery in average selling prices, improved outlook on domestic production and upside in refining associates post closures.
On Thursday, Brent Crude prices crossed $50 per barrel for the first time since March 2020. The February 2020 settlement contract gained $1.39 or 2.84% to settle at $50.25 in yesterday s trading session. The contract was currently trading 5 cents higher at $50.30 a barrel.
Firm crude oil prices could increase realizations from crude sales for oil exploration firms like ONGC.