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EXPLORATION LICENSES AUCTION
These large- and mid-cap stocks may give more than 25% return in 1 year, according to analystsFor the last few earnings seasons, the message has been: “Show me growth, I have the money.” Stocks with better-than-expected earnings saw ...
Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
CBM licensing round draws few biddersThe latest coal bed methane (CBM) licensing round saw a disappointing turnout, with seven of thirteen blocks receiving no bids and four att...
GSI ramps up exploration of critical minerals, studies 230 projects in FY26India is boosting its search for vital minerals. The Geological Survey of India is undertaking more exploration projects this fiscal year. ...
Government opens mineral and rare earth elements exploration to private sectorIndia's government announced that private companies can now explore minerals and rare earth elements, with thirteen acreages up for auction...
India to launch auction for mineral exploration licenses for 13 blocksIndia will start an auction on Thursday for licences to explore critical minerals, the government said. The Ministry of Mines will auction ...
Exploration licensing bid date pushedSome of the previous licensing rounds have also witnessed multiple bid submission deadline extensions, which are made in the hope of attrac...
Centre notified mineral auction rules to cap upfront paymentsIn a recent development, the central government has introduced new revisions to the Mineral auction rules. These changes aim to ensure tran...
Mines ministry identifies some offshore blocks for explorationThe mines ministry has identified offshore blocks within India's exclusive economic zone for granting operational rights, following amendme...
Centre proposes cap on performance security and upfront amount to auction critical and strategic mineralsThe Mines Ministry aims to boost mining company participation by proposing caps on performance security and upfront amounts for critical mi...
Mining industry flags issues with India’s mineral exploration regimeIndia needs to implement further reforms to encourage mineral exploration in the country, says Sumit Deb, outgoing President of the Federat...
Oil India bags 12 exploration licenses in latest oilfield auctionONGC won 9 of the 20 bids it had placed. Vedanta won third of the 30 bids it made, the highest number of bids by any participant in these t...
ONGC, Vedanta set to win 9 oil, gas blocks each; Reliance-BP one, OIL 12As per the bid evaluation, ONGC and Vedanta Ltd are top bidders in nine blocks each and state-owned Oil India Ltd (OIL) in 12 areas.
India hopes to launch next round of auctions for oil exploration in few weeks: GovernmentExploration blocks offered in the third round to be spread over 32,000 square km, the government said.
DGH may get power to auction output to keep conflict of interest at bayThe government is planning to amend a provision on sale of petroleum in its new exploration licensing policy that would let the upstream re...
Vedanta bags 41 oil & gas blocks in maiden open acreage auctionUnder the policy, companies can express interest in specific blocks round the year. The government aggregates these interests over six mont...
India launches first auction of exploration blocks under new licensing policyThe new licensing policy aims to raise local output by replacing many previous rules that only incrementally boosted output but caused seve...
First auction of exploration blocks in eight years to be held tomorrowThis will be the first auction under the new Hydrocarbon Exploration Licensing Policy, which lets companies carve blocks of their choice.
India announces new licensing policy to boost oil outputThe world's third-largest oil consumer will conduct auction of oil and gas blocks under the Open Acreage Licensing Policy (OALP) twice a ye...
- Block auction to make way for open bids soon: Deora
The government is moving away from auctioning a large number of blocks periodically to an Open Acreage Licensing Policy, or OALP, which wil...