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OIL FIELD AUCTION
Gold rush missed: Can India dig its way out of import dependence?India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from...- 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...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- India offers a special auction of discovered small oil and gas fieldsThe Indian government is offering three small oil and gas fields in an auction closing on July 15. The Directorate General of Hydrocarbons ...
- 75 small oil & gas fields on auction from April 1The original deadline for submission of bids was August 31, 2021. However, this was postponed to October 29, 2021. The start was again put ...
- India gets 10 bids for 8 oil, gas blocks in latest bid roundONGC bid for five out of the eight blocks or areas offered for exploring and producing oil and gas, while Oil India was the only bidder for...
- India to double down on oil, gas exploration: Hardeep Singh PuriIndia currently relies on imports to meet 85 per cent of its oil needs and 50 per cent of the natural gas requirement. This is because dome...
- Government defers oil, gas field auction by a monthDSF-II was supposed to be launched around mid-June, but it wont happen before July, a senior government official said. He, however, did not...
- Govt to consult ONGC, OIL before auctioning fieldsThe government will now consult ONGC and OIL before taking away their discovered small fields for next round of auction to private players.
- Second round of auction of DSFs likely by January-endA total of 61 fields with reserve of about 180 million tonnes of oil and oil equivalent will be offered in this round, said an oil ministry...
- 2nd round of oil field auction soon: Oil Minister Dharmendra PradhanThe government is looking at giving incentives for enhanced and improved oil recovery schemes to help reverse the declining trend in output...
- Exxon Mobil, BP, RIL likely to skip oilfield auctionBids for the auction closes at 1200 hours on November 21 and may see only companies like the state-owned ONGC and Oil India, Gujarat govern...
- Oil field auction date may be extendedFor bidders to make decisions, more data particularly about size of reserves is required and making that available would require extending ...
- ONGC, OIL clear air over auctions in Assam via advertisements: GovernmentStrikes and blockages by some students' unions, among others, that crippled oil and gas output of Oil India Ltd (OIL) and ONGC were organis...
- India kicks off auction of 67 small oil and gas fieldsThe auction will put to test the ability of recent policy measures such as the revenue-sharing model and gas pricing freedom to attract inv...
- Government plans to begin auction of marginal oil, gas fieldsThe oil ministry will hold a meeting next week to finalize a timeline for the auction, after which officials will begin a roadshow.
- Government plans to begin marginal oil, gas fields auctionThe government is planning to begin the process to auction marginal oil and gas fields in a month after delaying it for several months due ...
- Roadshow to seek investors for marginal oil fieldsIn September, the government had unveiled a policy for developing marginal fields with 89 million tonne of oil and gas equivalent.
- Government’s new oil & gas auction policy to shift risks to developers: India Ratings and Research reportThe new government policy of gas auction MFP approved by the government for the 69 oil and gas fields would shift risks to developers.
- Oil field auctions good news for markets, will boost investor confidence: Deven Choksey, KR Choksey SecuritiesYes certainly, the opportunity is being thrown open and that is where many of the companies would probably like to participate in this marg...
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