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PETROLEUM EXPLORATION LICENSES
Govt focusing on 'automation' of explosives units for safer operations: OfficialThe Department of Promotion of Industry and Internal Trade is prioritizing automation in explosives manufacturing. This move aims to signif...- Not just Andaman: After fresh gas finds, India expands oil and gas hunt along east coastIndia is intensifying efforts to discover new oil and gas reserves along its eastern offshore frontier by reprocessing decades-old seismic ...
- Oil India reports natural gas presence in second Andaman offshore wellOil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block t...
- ‘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...
- Explained: Why Vedanta shares are up 4% after government's royalty cut on crude oilVedanta shares rallied after the Centre reduced royalty rates on crude oil and natural gas production, a move expected to lower costs for t...
- 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...
- 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...
- India crude oil production falls for 11th year, gas declines againIndia's crude oil and natural gas production continued to decline in 2025-26 due to ageing fields and a lack of new discoveries, increasing...
- From uncertainty to discovery: Union Minister Hardeep Singh highlights India's 'data-first' strategy to unlock offshore energy wealthIn his posts on X, the Minister for Petroleum and Natural Gas, Shri Hardeep Singh Puri, highlighted that India is moving beyond blind explo...
- Assam government signs Petroleum Exploration Licenses deeds for 2 OALP blocks with Oil India LtdAssam government has signed Petroleum Exploration Licenses deeds for two OALP blocks with Oil India Ltd. Oil will invest around 12 Crore in...
- Vedanta shortlists Lloyd’s Register for managing oil and gas blocksVedanta, which produces about a quarter of the country’s crude oil, had won 41 of the 55 exploration blocks auctioned in the first round of...
- DGH may get power to auction output to keep conflict of interest at bayThe government is planning to amend a provision on sale of petroleum in its new exploration licensing policy that would let the upstream re...
- Government allows companies to explore for oil, gas beyond block boundariesOil Ministry yesterday delegated powers to head of its upstream regulatory body, DGH to prove excusable delays and excess cost recovery.
- DGH proposal to allow private oil companies explore producing fields rejectedThe recommendation by DGH, the technical arm of the ministry and upstream regulator, was debated for months in the oil ministry, with offic...
- OVL buys 15% stake in Namibian oil blockThe 15 per cent participating interest in Namibia Petroleum Exploration License (PEL) 30 is OVL's second acquisition in the African nation ...
- We won’t lose profit to sell more, says Nishi Vasudev, Chairman and Managing Director, HPCLWe had earlier zeroed-in on a location on the western coast (Ratnagiri) but there was a total ban due to environment issues that continued ...
- CCI urges to resolve stalemate at 39 exploration blocks: Panabaaka LakshmiMoD has placed restrictions on account of strategic and security related considerations.
- HPCL looks to buy Jindals' stake in Rajasthan blockJindal Petroleum, in a consortium led by Hindustan Oil Exploration Company and Oil India, had bagged the block in a NELP bidding round in 2...
- A fair claim to CairnPetroleum ministry has no business stalling Vedanta's bid to acquire stake in Cairn India.
- Oil India seeks extension of expired PELs for 15 blocksAhead of its public issue that opens tomorrow, Oil India Ltd has pressed for extension of its expired Petroleum Exploration Licenses (PEL) ...
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