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BASIN REGIME
Assam CM Himanta Biswa Sarma urges PM Modi to transfer ONGC's northeast acreages to OILNorth Eastern Region and hence the focus of OIL on E&P in this region is undivided OIL is born in Assam and has been operating there over s...- Private players stay away from the latest oilfield auctionONGC has submitted bids for seven blocks and Oil India for one in the fourth round of the Open Acreage Licensing Programme (OALP), where bi...
- Government offers royalty sops to boost oil & gas output“Concessional royalty at the rate of 10%, 20% and 30% has been proposed for category-I, II and III basins respectively," a senior governmen...
- High-level panel for reverting to older system of auctioning oil blocksThe move to revenue sharing was contrary to most of the industry players being against the new regime.
- Oil PSU capex drops to 4-yr low for 2019-20Oil PSUs' capital expenditure has hit a four-year low despite govt's intention to raise domestic output.
- ONGC finds oil, gas reserves in Madhya Pradesh, West Bengal to open 2 new basins in IndiaONGC had previously opened six out of India's seven producing basins for commercial production. It is in the process of adding the eighth b...
- $23 billion to be invested in KG Basin's oil & gas fields: Dharmendra PradhanThe new oil and gas production from these fields in KG Basin is expected to reach up to 22.27 bn cubic meters of gas & 4.68 mn metric tonne...
- Earliest human impact on environment discoveredNew York, June 6 (IANS) Scientists have discovered wide rates of erosion dating back to 11,500 years ago from the Dead Sea in Israel -- tou...
- Government to auction 28 oil, gas blocks off Mumbai; 14 in KG basinAs many as 28 oil and gas fields out of the 69 small and marginal fields of state-owned firms that the government plans to auction to priva...
- Government weighs revenue sharing model for basins to attract global companiesThe oil ministry was in favour of dumping the current contractual regime, which became controversial because of stern audit notes.
- Karnataka sees undercurrents in Modi-Jaya bonhomieTamil Nadu CM J Jayalalithaa met Prime Minister Narendra Modi on Tuesday, and renewed her demand for the constitution of the Cauvery River ...
- Hydrocarbon Output: Proactively overhaul oversight and operationsThere seems much dispute and protracted controversy in upstream hydrocarbon sector involving Indian sedimentary basins, i.e., exploration &...
- RIL relinquishes another KG block; company has given up 15 blocks in 2 yearsRIL and BP also decided not to pursue exploration in another nearby block, where gas was discovered but it was not significant, officials s...
- Dhaka proposes Basin regime approach for sharing river waterBangladesh Foreign Minister Dipu Moni today proposed a Ganges-Brahmaputra-Meghna Basin Regime that will go beyond the boundaries of Banglad...
- Shale gas exploration bids by December 2013, says Jaipal ReddyIndia will launch its first-ever bid round for exploration of shale gas by December 2013, Oil Minister S Jaipal Reddy said today.
- Yelp!The ninth round of bidding under Nelp for petroleum acreage has a poor response.
- Regulating it rightWe need to get more professional on regulating the costs of oil production
- Shale gas exploration acreages to be available from next yearThe Directorate General of Hydrocarbon (DGH) today said that shale gas exploration acreages in the country will be available from next year.
- On to Nelp IXResponse to bidding for oil & gas blocks under Nelp-VIII was tepid.
- Essar to produce methane from Mehsana oil fieldsEssar Oil seems to be twice lucky. Close on the heels of a fresh oil find in the discovered Mehsana oil fields, the company has encountered...
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