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Mexico discovers oil

Mexico recently announced one of its biggest oil discoveries. The discovery is the biggest since the find in 1987. The oil was discovered in the Quesqui Field in the Tabasco state on the Gulf coast. It is an on-shore field with a reserve of 500 million barrels of crude deposits. This is a combined estimate ..

Mining firm Vedanta Ltd. gets approval for expansion of its plant in Rajasthan

Mining firm Vedanta Ltd. has received environment clearance approval for the expansion of its oil and gas operation in Rajasthan. This would entail the company an investment of Rs.12,000 crore. The proposal is to expand onshore oil and gas production from 3,00,000 Barrels oil per day to 4,00,000 BOPD and 165 mmscfd (million standard cubic ..