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.
17 Feb, 2019, 03.52 PM IST
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.
03 Feb, 2019, 08.55 PM IST
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...
06 Sep, 2018, 01.28 PM IST
$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...
24 Jul, 2017, 06.50 PM IST
- Earliest human impact on environment discovered
New 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...
06 Jun, 2017, 06.05 PM IST
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...
14 Dec, 2015, 07.46 PM IST
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.
10 Dec, 2014, 04.00 AM IST
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 ...
07 Jun, 2014, 10.38 AM IST
Hydrocarbon Output: Proactively overhaul oversight and operationsThere seems much dispute and protracted controversy in upstream hydrocarbon sector involving Indian sedimentary basins, i.e., exploration &...
09 Apr, 2014, 11.27 AM IST
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...
05 Sep, 2013, 04.00 AM IST
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...
25 Jul, 2013, 10.31 PM IST
- Shale gas exploration bids by December 2013, says Jaipal Reddy
India will launch its first-ever bid round for exploration of shale gas by December 2013, Oil Minister S Jaipal Reddy said today.
14 Feb, 2012, 03.20 PM IST
- Yelp!
The ninth round of bidding under Nelp for petroleum acreage has a poor response.
30 Mar, 2011, 07.03 AM IST
- Regulating it right
We need to get more professional on regulating the costs of oil production
10 Mar, 2011, 04.56 AM IST
- Shale gas exploration acreages to be available from next year
The Directorate General of Hydrocarbon (DGH) today said that shale gas exploration acreages in the country will be available from next year.
28 Aug, 2010, 01.27 PM IST
- On to Nelp IX
Response to bidding for oil & gas blocks under Nelp-VIII was tepid.
16 Oct, 2009, 05.05 AM IST
- Essar to produce methane from Mehsana oil fields
Essar 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...
20 Oct, 2007, 01.21 AM IST