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NELP BIDDING
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...- 10th round of oil and gas block auction in JanuaryIndia may launch its largest ever auction of oil and gas block next month at completely revamped terms after the current profit-sharing reg...
- 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.
- Energy firms $582.29 million investment in Nelp-IXEnergy firms have committed investments worth $582.29 million in oil and gas exploration from 13 blocks, awarded in the recent bidding roun...
- 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.
- Ambani dispute to have no impact on NELP auction: GovtIndia today relaunched its largest ever auction of oil and gas exploration areas, aiming to attract an investment of $3-4 bn. Mukesh Ambani...
- 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...
- Lack of tax break may leave next NELP bid a lacklustre affairNext bid round for oil and gas acreage is likely to be adversely impacted due to lack of an income tax break on gas production.
- 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...
- Global majors line up for oil exploration under Nelp-VIIGlobal oil firms, including ENI, Total, MOL, Mittal, BP, StatoilHydro and Harvest Natural, have expressed interest in the new round of Indi...
- Global oil giants tune into NELP-VIILeading executives of 28 overseas companies attended the first NELP roadshow in Mumbai on Tuesday.
- ONGC ropes in ENI, BG, Norsk for NELP-VII bidIndia’s biggest oil producer Oil and Natural Gas Corporation (ONGC) has teamed up with European majors to jointly bid for the next round of...
- Exxon likely to bid for oil blocks in NELP-VIIAfter staying away from the first six rounds, world’s largest publicly-traded oil and gas company ExxonMobil is likely to participate in th...
- ONGC may tie up with global giants for NELP bidsOIL & Natural Gas Corporation (ONGC) is in talks with global energy giants such as BP, British Gas, Brazil’s federal energy company Petrole...
- Nelp-VII not to let cos rebid for relinquished blocksONGC, Reliance and the Niko-OIL combine, which relinquished high prospective oil and gas blocks in the past two years, would be barred from...
- 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...
- NELP-VI a success: Murli DeoraThe union minister of petroleum and natural gas Murli Deora termed the sixth round of bidding under the new exploration licensing policy (N...
- Delays in approval hold up several RIL, ONGC blocksThese blocks were awarded to RIL and ONGC in the last five rounds of the National Exploration and Licensing Policy (NELP) bidding over the ...
- GAIL to bid for NELP-VI blocksState-owned gas utility GAIL (India) Ltd is likely to bid for atleast one-third of the 55 oil and gas blocks offered under the sixth round ...
- ONGC, RIL may surrender blocks won in NELP auctionOil and Natural Gas Corp (ONGC) and Reliance Industries Ltd (RIL) may have to surrender oil and gas blocks they had won in NELP auction for...
Load More- Energy firms $582.29 million investment in Nelp-IX
