‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving pushUnion Minister Hardeep Singh Puri reassured citizens that no lockdown-like restrictions are imminent despite Prime Minister Modi's call for...
12 May, 2026, 06.12 PM IST
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...
02 May, 2026, 12.34 AM IST
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 ...
30 Mar, 2026, 03.18 PM IST
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 ...
16 Apr, 2025, 08.58 AM IST
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 ...
15 Apr, 2025, 08.28 PM IST
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...
19 Sep, 2024, 05.49 PM IST
ONGC, OIL big winners of OALP-VII bid round; govt offers 10 block in OALP-VIIIOil and Natural Gas Corporation (ONGC) won three blocks in the OALP-VII round while Oil India Ltd (OIL) won two, according to information p...
08 Jul, 2022, 05.15 PM IST
ONGC wins 18 out of 21 oil, gas blocks in OALP-VI bid round, OIL gets 2Oil India Ltd (OIL) walked away with two blocks and Sun Petrochemicals Pvt Ltd got one block, the Directorate General of Hydrocarbons said ...
06 May, 2022, 02.58 PM IST
USD 75 million investment so far in four OALP bid rounds, according to DGHIn a bid to expedite oil and gas exploration and raise domestic production, the government had in 2018 launched the first bid round under t...
25 Oct, 2020, 11.30 AM IST
Govt extends oil block bid deadline to June 30So far, the government has awarded 94 blocks in four OALP bid rounds in the last two-and-a-half years. These 94 blocks cover an exploratory...
08 Jun, 2020, 02.43 PM IST
Last date for bidding for oil, gas blocks pushed back a month to April 16The 5th bid round under Open Acreage Licensing Policy (OALP) opened in January and was to close on March 18. "Bid closing date for the Indi...
02 Mar, 2020, 06.30 PM IST
Vedanta to invest USD 245 mn in 10 oil, gas blocksThe firm won 10 blocks - 7 onshore and 3 offshore, in the Open Acreage Licensing Policy (OALP) Round-II and III, winners of which were anno...
03 Jul, 2019, 08.23 PM IST
Government defers oil block bid deadline by a month to May 15The government had in January offered 14 blocks in OALP-II bid round and a month later offered another 23 oil and gas blocks and coal-bed m...
08 Apr, 2019, 05.45 PM IST
Govt defers bid deadline for OALP-II by a month to April 10Bids for the 14 blocks offered in OALP-II bid round, covering an area of 29,333 square kilometres, were to close Tuesday.
12 Mar, 2019, 01.46 PM IST
India offers 23 oil blocks in OALP-III bid roundIn OALP-III, 23 blocks in 12 sedimentary basins are being offered. Of these, five are coal-bed methane (CBM) blocks. Total area on offer is...
10 Feb, 2019, 03.09 PM IST
KG Basin sees interest in OALP bids, to help India’s energy security: DGHThe director general of hydrocarbons Atanu Chakraborty said KG basin attracted interest from global players in the ongoing OALP bid round-I.
22 Mar, 2018, 08.24 AM IST
Oil ministry seeks cabinet nod for open licensing policy with NelpUnlike Nelp, where govt invites bids for oil and gas blocks, firms can approach govt anytime expressing interest in bidding for one or more...
27 Jan, 2014, 05.20 AM IST