Articles

Accident: Macondo Oil Spill- A Horrendous Event That Swept Off The Industry. 

Introduction: The Deepwater Horizon oil spill (also referred to as the BP oil spill, the BP oil disaster, the Gulf of Mexico oil spill, and the Macondo blowout) began on April 20, 2010, in the Gulf of Mexico, on the BP-operated Macondo Prospect. It is considered the largest accidental marine oil spill in the history of the petroleum industry, an estimated 8% to 31% …

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Article: India Fiscal Regime: An Insight of India’s E&P Norms

Introduction According to BP statistical review of energy 2015, India is the fourth largest consumer of oil and gas. Therefore India is considered to be one of the major countries which determines the economic performance of the oil and gas industry. India is also an attractive Exploration and Production (E&P) location with considerable yet-to-find reserve …

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