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OIL LICENSING ROUND
Global Market Today: Asian stocks dip at open as oil edges higherAsian markets opened lower as oil prices inched up, with investors closely monitoring US-Iran peace talks. Despite positive initial reports...
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...
US authorises Iranian oil sales until August 21 as part of push for final West Asia truce dealWashington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....
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 ...
US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
Bangladesh launches fresh offshore oil, gas tender with sweeter terms for foreign firmsBangladesh is seeking foreign investment for offshore oil and gas exploration. The country aims to increase its domestic gas supply and les...
Bidding deadline for oil, gas blocks extended to June 19The government has also extended the deadline for the eleventh round under the Open Acreage Licensing Policy (OALP), launched in March. he ...
From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
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...
CBM licensing round draws few biddersThe latest coal bed methane (CBM) licensing round saw a disappointing turnout, with seven of thirteen blocks receiving no bids and four att...
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...
India to offer 21 oil, gas blocks in OALP-XI bid roundIndia is set to launch its 11th Open Acreage Licensing Policy (OALP) round, offering 21 oil and natural gas blocks spanning over 80,000 sq ...
Oil & gas block auction deadline extended for fourth time, to May 29India's government has extended the bid deadline for its largest oil and gas acreage offering. Potential investors now have until May 29, 2...
Bid deadline for 10th O&G licensing round extended againThe government has extended the deadline for oil and gas exploration bids. The new submission date is December 31. This is to encourage mor...
India plans oil, gas exploration licensing round in early 2025, source saysIndia plans to launch a new oil and gas exploration licensing round early next year, a source from the oil ministry said.
Govt extends oil block bid deadline to January 31The deadline has been extended from December 30 to January 31, the Directorate General of Hydrocarbons (DGH) said on its website without gi...
IOC bags city gas licenses for 9 geographical areas in XIth bidding roundIndia Oil said the licenses it has won comprise 33% of the demand potential of all GAs offered in the XIth round. Indian Oil has won licens...
Govt offers eight oil & gas blocks in latest bidding round for exploration licensesThe bids can be submitted through an e-bidding portal until February 15, 2022, the oil ministry said in a statement. These blocks are likel...
Govt receives 24 bids for 21 blocks offered in latest exploration licensing roundLimited bids in the sixth licensing round means ONGC can win 16 blocks without any contest while it will have to compete with Sun Petrochem...