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NELP
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...- Directorate General of Hydrocarbons overhauls oilfield approval processes, cuts down paperworkThe Directorate General of Hydrocarbons (DGH), the government's technical arm overseeing upstream oil and gas production, said procedures a...
- Government notifies incentives to oil PSUs in pre-NELP blocksTill now ONGC and OIL had to pay 100 per cent royalty and cess tax on 11 pre-New Exploration Licensing Policy (NELP) fields that were given...
- Gujarat government pulls back consent for NELP-X blocksGujarat government had on January 16 given its approval for offering 9 blocks in Cambay basin for NELP but refused support later on.
- 10th round of oil and gas block auction in January: M Veerappa MoilyThe last round, the 9th under the NELP, was held in 2011 when 74 bids were received for 33 out of the 34 blocks on offer.
- ONGC submits bids for 28 out of 34 NELP-IX blocks on auctionONGC bid for 28 out of the 34 oil and gas exploration blocks on offer in the 9th round of auction under the New Exploration Licensing Polic...
- RIL shows interest in NELP-IX auction for oil & gas blocksReliance Industries on Monday indicated that it may actively bid for oil and gas exploration blocks being auctioned by the government.
- India offers 34 oil & gas blocks for exploration under NELPIndia today offered 34 oil and gas blocks for exploration in the 9th round of New Exploration Licensing Policy (NELP).
- Poor response to NELP 8 auction, RIL abstainsIndia's largest oil and gas licensing round saw a total of 76 bids being received for 36 out of 70 blocks on offer. Gainers: BSE ( A, B ), ...
- Deora invites foreign cos to bid under NELP-VIIIThe Indian government has invited foreign players to participate in the bidding process for its oil blocks under the NELP-VIII and CBM-IV.
- NELP-VIII launched, 70 areas offered for biddingNELP-VIII has offered 24 deepwater blocks, 28 shallow water blocks and 18 onland blocks in the auction, which will close on Aug 10. RIL-OVL...
- Nelp-VIII likely to offer 100 blocksThe petroleum ministry is planning to auction over 100 prospective areas for oil and gas exploration by March 2009 under the eighth round o...
- Nelp crude may attract special taxThe government is obtaining legal opinion for imposing a special oil tax on the domestic crude oil production under the New Exploration Lic...
- Global oil giants tune into NELP-VIILeading executives of 28 overseas companies attended the first NELP roadshow in Mumbai on Tuesday.
- Nelp-VII makes special offer for small investorsThe government is expecting to attract $3.5 billion investments in oil and gas exploration under the seventh round of new exploration licen...
- Law ministry check may delay Nelp-VII by a month: Changes in contractual terms proposed for the seventh round of the New Exploration Licensing Policy (Nelp-VII) have come under the law mi...
- Bidding for NELP VII set to kick off on Nov 5The government is all set to announce the seventh bidding round for exploring about 75-85 oil and gas blocks under the New Exploration Lice...
- OIL bags 8 oil blocks in NELP-VIState-run Oil India Ltd has been awarded eight oil and gas exploration areas in the recently- concluded sixth round of auction under the Ne...
- Govt may kick off Nelp-VII in MarchThe government has drawn up ambitious plans of kicking off the seventh round of the New Exploration Licencing Policy (NELP) - a bidding rou...
- Govt to offer deep water blocks under Nelp-IVThe government will launch the fourth round of New Exploration & Licensing Policy (Nelp-IV) in a month. In this round, a “good number” of d...
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