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VEDANTA PSC EXTENSION
ONGC yet to take control of Cambay Block as Vedanta challenges govt moveONGC has not yet taken control of the Cambay basin block CB-OS-02. Vedanta is challenging the government's decision to reject the contract ...- Delhi HC agrees to examine govt's refusal to extend Vedanta's contractThe Anil Agarwal-led natural resources conglomerate had approached the high court against denial of contract extension and subsequent handi...
- Vedanta shares in focus as Govt denies extension for Cambay Basin oil blockVedanta share price: The government has rejected Vedanta’s request to extend the production sharing contract (PSC) for the CB-OS/2 Cambay B...
- Setback for Vedanta as govt denies extension for Cambay basin oil, gas blockIn a blow to Anil Agarwal's Vedanta Group, the government has rejected the extension of the contract for its CB-OS/2 oil and gas block in t...
- Cairn Oil & Gas seeks further PSC extension for Rajasthan block"We are very pleased to get PSC extension for 2030, but we have other opportunities to develop there. So we need to think about a further e...
- Centre sticks to demand for bigger profit share from Vedanta's Rajasthan blockThe Anil Agarwal-led Vedanta had moved the Supreme Court against the Delhi High Court's March order that permitted the government to seek a...
- Cairn Oil & Gas gets PSC extension for Rajasthan block, paves way for $5 billion investmentThe initial licence to explore and produce oil and gas from the Barmer block expired on May 14, 2020. The government had agreed to a 10-yea...
- SC issues notices to Centre, ONGC on appeal of Vedanta Ltd relating to Barmer oil fieldVedanta Ltd has moved the top court against the March 26 judgement of a division bench of the Delhi High Court setting aside a single judge...
- Centre can ask 10% more share in profits from Barmer block to extend PSC with Vedanta: HCThe court also said that Vedanta does not have the right to demand extension of the PSC on unilateral terms that suit its interest, overloo...
- HC sets aside single judge order asking government to extend oil contract with Vedanta till 2030A bench of Chief Justice D N Patel and Justice Jyoti Singh allowed the central government's appeal against the single judge's order of May ...
- Vedanta's Cairn Oil & Gas gets 3-month extension for Rajasthan oil blockThe license to explore and produce oil and gas from Barmer was due to renewal in May this year, but pending settlement of the dispute the g...
- Cairn's Rajasthan oil block licence stuck in cost dispute; hangs by monthly extensionsThe government had in October 2018 agreed to extend by 10 years the contract for Barmer fields in Rajasthan after the expiry of the initial...
- Vedanta says Rajasthan production pact extension will speed up capexVedanta’s oil and gas division, formerly Cairn India, has a 25-year contract for exploration and production of oil and gas from Barmer (blo...
- High Court stays single judge order asking government to extend oil contract with VedantaThe order came on the Centre's appeal against the single judge's May 31 decision in favour of Vedanta, formerly Cairn India.
- Delhi HC orders extension of Cairn India contract by 10 years on same termsThe court directed the govt to extend till 2030 the Production Sharing Contract for Rajasthan block on the same terms and agreements when i...
- Cabinet clears policy for extension of oil & gas contractsThis is expected to encourage investment of $5.4 billion to extract 426 million barrels, the government said after a late-evening meeting o...
- Decide in 2 months on extension of PSC with Cairn: Delhi High Court to governmentThe order came on the government's application seeking three more months, till January 31, 2017, to come up with an uniform policy regardin...
- Cairn India gets Directorate General of Hydrocarbons approval for gas production in Rajasthan blockCairn India said on Wednesday last week that it has received the management committee’s approval for the Raageshwari Deep Gas Project.
- ONGC agrees to Cairn India being given Rajasthan block extensionCairn's contractual term for exploring & producing oil & gas from Rajasthan Block expires in 2020 & the area is to return to the block lice...
- Vedanta Group's fresh showdown with government: Oil ministry sets rider to extend Cairn contractState-run behemoth ONGC, which prevailed over Cairn India in a dispute over royalty payments, is also demanding its pound of flesh.
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