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OALP ROUND IX
India to offer 21 oil, gas blocks in OALP-XI bid roundIndia is set to launch its 11th Open Acreage Licensing Policy (OALP) round, offering 21 oil and natural gas blocks spanning over 80,000 sq ...
Reliance Industries signs pact with ONGC for sharing offshore resourcesONGC and Reliance Industries Ltd have partnered to share offshore resources like supply vessels. This collaboration aims to boost efficienc...
Oil, gas block auction bid round deadline extended for third timeIndia has extended the bid submission deadline for its latest oil and gas block auction. Potential investors now have until February 18, 20...
India attracted $36 billion investment, 177 discoveries in pre-2014 oil, gas blocks: Oil Ministry ReportIndia's oil and gas exploration policies, NELP and OALP, attracted significant investment, leading to numerous discoveries. While NELP face...
Vedanta shares in focus after subsidiary secures 7 new OALP blocksVedanta shares: In a regulatory filing on April 15, Vedanta announced that its subsidiary, Cairn Oil & Gas, emerged as the largest private ...
Stocks in news: Wipro, Angel One, Gensol Engineering, IndusInd Bank, IREDA, MGLCapital markets regulator Sebi has issued an interim order against Gensol Engineering and its promoters -- Anmol Singh Jaggi and Puneet Sin...
Reliance-BP-ONGC trio strikes big on debut; ONGC corners most OALP-IX blocks, Vedanta grabs 7In a landmark collaboration, Reliance Industries, BP, and ONGC secured a Gujarat offshore oil block in the OALP-IX bid round. ONGC emerged ...
BP bets on NEC-25 for gas surge, credits PM Modi's reformsBP Plc is targeting increased natural gas production in India, spurred by recent government reforms. The company, in partnership with Relia...
India opens biggest oil, gas block bid round; 25 blocks on offerIndia has launched its largest oil and gas bid round, offering 25 blocks covering 1.91 lakh square kilometers, mainly offshore. This move a...
India's biggest oil, gas bid round gets 4 bidders; Reliance-bp-ONGC bid togetherIndia's largest oil and gas bid round got four bidders, including ONGC, OIL, Vedanta Ltd, and Reliance-bp plc. Most blocks received two bid...
10th oil, gas block bidding round in 2025 on liberalised terms: Oil Ministry officialIndia plans to offer previously restricted 'no-go' areas for oil and gas exploration in the tenth round of bidding in early 2025. This foll...
ONGC wins 7, Reliance-BP one oil, gas blocks in latest bid roundIn the recent Open Acreage Licensing Policy (OALP-VIII) bid round, India's ONGC won seven exploration blocks while Reliance Industries Ltd ...
Global rigs shortage delays Indian oil and gas exploration projectsIndian explorers are finding it hard to source rigs, especially jack-up rigs, for their projects, as high oil prices have pushed up explora...
India offers 26 blocks for producing oil, gas in mega offshore bid round"Government announces the offer of 26 blocks covering an area of approximately 2.23 lakh square kilometers for exploration and development ...
- Rangarajan Panel on hydrocarbons contracts overhaul may get 2-month extension
The decision will further delay the tenth round of NELP that has been put on hold till the committee submits its report.
- 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.
- Oil firms may soon get rights to choose exploration blocks
After eight rounds of auction, India is moving towards Open Acreage Licensing Policy (OALP), where oil firms can choose the blocks they wan...