August 4, 2026 1:09 AM

Samudra Manthan: India’s Rs 84,084-crore mission to unlock offshore energy and strengthen energy security

India has launched an ambitious national mission to transform its offshore hydrocarbon exploration sector with the approval of Samudra Manthan - the National Offshore Exploration Scheme, a flagship initiative aimed at enhancing domestic oil and gas production, reducing import dependence and strengthening the country's long-term energy security. Approved on 31 July 2026, the scheme marks a major shift from policy reforms to mission-mode implementation. With a Phase-I financial outlay of ₹84,08...

June 10, 2025 9:23 AM

France, Brazil launch initiative to scale up ocean-focused climate action

On the first day of the third UN Ocean Conference (UNOC3), France and Brazil have launched a landmark international initiative to dramatically scale up ocean-focused climate action. The Blue Nationally Determined Contributions (NDC) Challenge calls on all countries to place the ocean at the heart of their climate plans ahead of UN Climate Change Conference (COP30) which Brazil will host in November this year. Alongside Brazil and France, an inaugural group of eight countries - Australia, Fiji,...