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OIL ROYALTY ASSAM
Assam CM Himanta Biswa Sarma virtually inaugurates PNG projects in Mangaldai, TezpurAssam Chief Minister Himanta Biswa Sarma inaugurated new natural gas projects to bring piped natural gas to homes and industries, and compr...- Hydrocarbons found in Assam's Dibrugarh: CM Himanta Biswa SarmaAssam achieves a milestone in energy security. The state government is now a direct oil producer. Oil India Limited discovered hydrocarbons...
- Assam signs petroleum mining lease deed with HOEC, OIL and IOCJogen Mohan, Minister for Mines and Minerals assured that Assam Government would provide all possible support to HOEC, OIL, and IOCL in its...
- Modi, not Manmohan Singh, ensured Assam gets its due of oil royalty, says Dharmendra PradhanPradhan, speaking at the function where the prime minister dedicated three projects of his ministry worth Rs 3,222 crore to the nation, sai...
- Government bails out ONGC, Oil India of Rs 22,000 crore royalty liabilityONGC sold crude oil to PSU refiners at a discount since 2003-04 on government directive so as to help partly subsidise petrol, diesel, LPG ...
- Assam to get Rs 6,320 crore as crude royalty, says Minister Himanta Biswa SarmaFollowing the agreement reached between BJP-led Assam government and Centre, the underpayment of royalty case in the Supreme Court is now w...
- Centre agrees to pay Rs 6,320 cr as oil royalty to AssamThe Oil India Limited produces 3.2 million tonnes crude oil in Assam annually, while Oil and Natural Gas Corporation Limited produces 1.1 m...
- ONGC, OIL pays Assam Rs 1,450 cr in past royalty dues on oilAccording to the Oil Field Act, ONGC/OIL are required to pay 20% royalty on price of crude oil it extracts from onland oil blocks to the st...
- Rs 392 crore additional royalty burden on ONGC, Rs 1,100 crore on Oil IndiaONGC/OIL would raise a gross bill based on the prevailing international oil price but their actual realisation was less than that after acc...
- Manmohan Singh colluded and conspired against Assam: Himanta Biswa Sarma"With him, Tarun Gogoi (former chief minister) had also colluded and conspired," Sarma said at a press conference in the Assembly complex.
- Oil PSUs to pay royalty on gross price to producing statesONGC/OIL would raise a gross bill based on the prevailing international oil price but its actual realisation was less than that after accou...
- OIL, ONGC slump on higher royalty paymentsAssam will now get crude oil royalty at pre-discounted price similar to Gujarat with effect from February 1, 2014.
- Assam to receive pre-discounted crude royaltyAssam will get crude oil royalty at pre-discounted price similar to Gujarat with effect from February 1, 2014. Petroleum ministry writes to...
- Assam could have moved court to recover underpayment of crude oil royaltyUnion minister of state for petroleum and natural gas Dharmendra Pradhan said that Assam could have moved court seeking payment of underpay...
- Government nods royalty payment to states on crude oil productionGovt agreed to pay states like Gujarat & Assam, from its annual budget, the difference between royalty paid by operators of some oil fields...
- Centre backs Assam's claim on crude royaltyThe Assam government had already approached the Gauhati HC seeking a direction to ONGC and OIL to pay royalty on crude at a pre-discounted ...
- Injustice was done to Assam by earlier government in the payment of oil royalty: Dharmendra PradhanAssam wants royalty to state on the well head price determined by the actual price of equivalent crude oil prevailing in the international ...
- Assam govt seeks suitable amendment of Oilfields (Regulation & Development) Act 1948The Chief Minister pointed out that Central PSUs namely OIL and ONGC engaged in production of petroleum in Assam waste away a considerable ...
- Assam government moves Guwahati High Court on oil royalty issueAssam government has approached Gauhati High Court seeking a direction to energy firms like ONGC and OIL to pay royalty on crude oil on pre...
- Assam demands oil royalty at wellhead priceThe demand raised is for the wellhead price, determined by the price of equivalent crude oil prevailing at the international market.
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