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Abhinav Chawla

Abhinav Chawla, an Exploration / New Ventures Geologist by profession with Masters Degree in Geology from Banaras Hindu University, Varanasi, India. Constant anxiety to know more about the hidden secrets of Earth, drove me to subject called Geology and further to becoming an Oil and Gas Professional.

Currently based in New Mumbai, I work with Reliance Industries Limited as a Senior Geologist. Starting my career as an Exploration Geologist and then progressing as New Ventures Geologist, I have dealt with both technical and commercial sides of Oil and Gas Industry. My focus area is to evaluate the technical viability of the opportunity keeping the commercial aspect in the back of mind.

It’s been more than a year since we have seen the fall in Oil price, from the high of more than 100 $ / barrel to the present near 45 $ / barrel. With the price of Oil being at the lowest it is important to know the causes of the fall in price. The well documented cause is the huge production and oversupply from the Gulf and U.S., combined...Full Article »