Major Coal India arms report drop in production in FY26Coal India subsidiaries BCCL, CCL, WCL, and MCL saw production drop in FY26. This occurred as India increased coal reliance due to global g...
03 Apr, 2026, 01.13 AM IST
Vedanta’s Anil Agarwal flags land, clearances, high premiums as key hurdles to mine operationalisationVedanta Chairman Anil Agarwal points to land acquisition issues, delayed clearances, and high mining premiums as major hurdles. He urges fa...
20 Mar, 2026, 03.28 PM IST
Exploration licensing bid date pushedSome of the previous licensing rounds have also witnessed multiple bid submission deadline extensions, which are made in the hope of attrac...
09 Jul, 2024, 12.06 AM IST
Government extends deadline for bid submission in eighth round of oilfield auctions to July 5The government has extended the deadline for bid submission in the eighth round of oilfield auctions to July 5, according to a notification...
17 May, 2023, 01.01 AM IST
Vedanta bags 41 oil & gas blocks in maiden open acreage auctionUnder the policy, companies can express interest in specific blocks round the year. The government aggregates these interests over six mont...
28 Aug, 2018, 03.58 PM IST
India launches first auction of exploration blocks under new licensing policyThe new licensing policy aims to raise local output by replacing many previous rules that only incrementally boosted output but caused seve...
18 Jan, 2018, 07.01 PM IST
First auction of exploration blocks in eight years to be held tomorrowThis will be the first auction under the new Hydrocarbon Exploration Licensing Policy, which lets companies carve blocks of their choice.
16 Jan, 2018, 11.42 PM IST
First round of oilfield auctions to end by March; award of blocks by JuneGovt has received 57 expressions of interest (EoIs) for the first round of auctions; DGH is on course to launch auction & award blocks.
02 Jan, 2018, 11.52 PM IST
mjunction to build platform for oil sector biddingDGH is the nodal agency under the ministry of Petroleum and Natural Gas for allocation of oil and gas fields to interested bidders for expl...
25 Jul, 2017, 01.12 AM IST
Government to offer incentives to companies keen on developing oil and gas blocksThe govt will accept an expression of interest from investors in two six-monthly windows-- ending in June and Dec -- following which the in...
09 Mar, 2017, 10.21 AM IST
India announces new licensing policy to boost oil outputThe world's third-largest oil consumer will conduct auction of oil and gas blocks under the Open Acreage Licensing Policy (OALP) twice a ye...
07 Mar, 2017, 02.23 PM IST
Oil block auctions under Hydrocarbon Exploration Licensing Policy by early next yearOfficials at the oil ministry and its technical arm, the Directorate General of Hydrocarbons, are now figuring out every operational detail...
06 Sep, 2016, 03.27 AM IST
Non-energy companies showing interest in oil & gas fieldsThe government is offering 46 contract areas with 67 oil and gas fields, estimated to hold over 625 million barrels of oil and gas spread o...
06 Jun, 2016, 03.35 AM IST
BP opposes oil ministry's proposed revenue-sharing model of hydrocarbon auctionLast month, the oil ministry had proposed the new system as part of a slew of planned reforms and sought comments from stakeholders.
23 Dec, 2015, 05.16 AM IST
Proposal to free gas pricing aimed at increasing transparency: Dharmendra PradhanIn this regard, the government has initiated a consultative process, seeking comments from all stakeholders on a slew of reform proposals.
17 Nov, 2015, 02.03 PM IST
Auction of six shale gas blocks likely this yearSix shale-gas blocks with estimated reserves of over 50 billion cubic metres are likely to be put up for sale this year.
16 Sep, 2013, 04.12 AM IST
- NELP VII blocks' auction to begin from November
Auction for around 80-85 NELP VII blocks would begin from November this year.
04 Aug, 2007, 05.36 PM IST