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ONSHORE BLOCK
India extends bidding deadline for deepwater oil and gas blocks for sixth timeIndia has extended the bidding deadline for deepwater and ultra-deepwater oil and gas blocks under the OALP-X and OALP-XI rounds to Septemb...- Oil Price Today (May 21): Crude oil rises slightly after two days of fall as Iran-US issue fresh threats. What lies ahead?Oil prices saw marginal gains as fresh threats between Iran and the US heightened concerns over the Strait of Hormuz closure. While Iran ex...
- Oil rebounds on uncertainty over Iran peace deal and inventory drawdownsOil prices surged Thursday amid persistent supply worries stemming from the Iran war's uncertain conclusion and a significant U.S. inventor...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
- ONGC shares rally 6% after govt cuts crude oil royalty; CLSA explains why it’s a big boostONGC shares surged 6% after CLSA termed the government’s decision to cut crude oil and natural gas royalty rates a major positive for upstr...
- India cuts royalty burden on oil and gas producers in push for domestic outputIndia's Centre has lowered royalty rates for crude oil and natural gas production. This move aims to encourage more domestic exploration an...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsOver the next few sessions, as the uncertainty caused by the Gulf war intensifies and makes you anxious, remember this: It is not the first...
- India does not plan to revive offshore mining auction in near term, sources sayIndia has shelved plans for deep-sea mining auctions, citing a lack of technological readiness and anticipated low bidder interest. The ini...
- Indian oil majors strike it rich again in Abu Dhabi blockA major announcement has emerged from the combined forces of Indian Oil Corporation and Bharat Petroleum Corporation regarding newfound oil...
- Indian Oil finds unconventional oil resources in Abu DhabiIndian Oil and Bharat Petroleum Corporation Limited have made significant oil discoveries in Abu Dhabi. Testing of Onshore Block 1 has conf...
- Abu Dhabi gives onshore block production license to India's IOC-BPCL JVAbu Dhabi has granted oil and gas production rights for an onshore block to a joint venture of Indian state-run refiners Bharat Petroleum C...
- ONGC Videsh strikes oil in Colombia blockONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), has made a "significant" oil discovery ...
- ONGC Videsh wins two oil blocks in MyanmarONGC Videsh Ltd has won two onland oil blocks in Myanmar, strengthening its presence in the south-east Asian nation.
- Geoglobal to raise stake in KG Basin block to 25%The consortium of Geoglobal and Oil India has recently obtained the exploration license for the Onshore Block KG-ONN-2004 /1. to 25%.
- Acreage retention a major attraction in Nelp-IX auctionThis round has 34 blocks (15 offshore and 19 onshore) on offer, of which there are 19 new blocks and 15 blocks from relinquished and old ac...
- ONGC to get five new onshore blocks in WBOil and Natural Gas Corporation on Saturday said that it is set to get five onshore oil and gas exploration blocks in West Bengal by Septem...
- Essar wins oil block in VietnamEssar Exploration & Production (EEPL), Mauritius, a subsidiary of Essar Oil, has been awarded an offshore block in Vietnam’s Song Hong basi...
- Essar Exploration bags offshore block in VietnamEssar Exploration & Production, Mauritius, a subsidiary of Essar Oil, has bagged an offshore block in Vietnam's Song Hong basin.
- Essar plans $750 mn overseas floatEssar Oil Ltd plans to raise $750 million through an issue of FCCBs, GDRs or ADRs.
- Essar bags oil block in Nigeria, pays $37m as signature bonusEssar Energy Holdings (EEHL), a subsidiary of Essar Global, has bagged a block in Nigeria with estimated oil reserves in excess of 80 milli...
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