Oil and Gas reserves Current Affairs, GK & News

New Natural Gas Reserves discovered in UAE

On February 2, 2020, the United Arab Emirates discovered shallow natural gas reserves of about 80 trillion cubic feet. The reserve was discovered between the Emirates of Abu Dhabi and Dubai. Highlights In November 2019, UAE announced the discovery of 7 billion barrels of oil. This raised the crude reserves of the country to 105 ..

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ONGC discovers oil, gas reserves in Madhya Pradesh, West Bengal

State-owned Oil and Natural Gas Corp (ONGC) has made oil and gas discoveries in Madhya Pradesh and West Bengal that may potentially open up two new sedimentary basins in country. They are category-III basins, having hydrocarbon and are considered geologically prospective for exploration. Key Facts Madhya Pradesh: The gas deposits were discovered in block in ..

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