A deep dive with Rs 84,084 crore scheme for offshore oil and gas explorationThe Cabinet approved an ₹84,084-crore scheme for offshore oil and gas exploration. This National Offshore Exploration Scheme, Samudra Manth...
01 Aug, 2026, 01.27 AM IST
Oil India reports natural gas presence in second Andaman offshore wellOil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block t...
05 Jun, 2026, 02.31 PM IST
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...
18 Apr, 2026, 06.17 PM IST
Oil India Limited to start exploration in NagalandOil India Limited (OIL) is planning to conduct a 3D seismic survey of 4,000 sq km of land in Upper Assam, while exploration in Nagaland is ...
01 May, 2023, 07.58 PM IST
ED seizes Rs 16 cr of Hyderabad-based firm for FEMA violationDuring investigation, it was revealed that Alphageo is engaged in providing seismic survey services to various oil exploration and producti...
23 Nov, 2022, 06.30 PM IST
OIL gets 25 blocks under Open Acreage Licensing Policy25 Sep, 2021, 09.52 PM IST
Area under hydrocarbon exploration expected to double by 2020, says DGHThe first licensing round under the new Open Acreage Licensing Policy expanded exploration acreage to 150,000 sq km last year from 90,000 s...
29 Jan, 2019, 07.23 AM IST
Asian Oilfields surges 5% on ONGC contract winThe scrip was trading 4.95 per cent up at Rs 83.70 at around 09.43 am.
30 Nov, 2018, 10.05 AM IST
Cabinet nod to Rs 3000 crore project for oil, gas reserves appraisalNational oil companies Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) will implement the project.
12 Sep, 2017, 09.05 PM IST
- Essar Energy gives up two oil blocks in Australia
Essar Energy has relinquished two offshore exploration blocks in the Northern Territory of Australia, for which it had bid in 2008.
21 Sep, 2011, 06.05 AM IST
- Foreign companies to pay tax at 4.22% on all revenue from seismic data contracts
In a ruling, the Authority of Advanced Rulings held that foreign firms would not enjoy any leeway even if their income falls under the labe...
17 May, 2011, 04.01 PM IST
- Tax sops for foreign oil E&P advisors: AAR
The ruling will be a big help to oil prospecting companies in India as they step up exploration activities, allowing them to avail of techn...
28 Dec, 2009, 05.40 AM IST
- OIL India plans investment spread of Rs 4,550 crore
OIL India Ltd. has planned an investment spread of more than Rs 4,550 crore for the next 18 months on exploration and other expansion activ...
01 Sep, 2009, 05.31 PM IST
- Cairn to drill Bihar block after rains
Cairn India has decided to drill exploration wells at its onshore NELP IV block in northern Bihar after the monsoon.
04 Jul, 2008, 01.04 AM IST
- Essar Exploration bags offshore block in Vietnam
Essar Exploration & Production, Mauritius, a subsidiary of Essar Oil, has bagged an offshore block in Vietnam's Song Hong basin.
04 Mar, 2008, 12.56 PM IST
- Gail consortium signs deal for Oman oil block
A consortium consisting of Gail, Oilex Australia, Videocon, Hindustan Petroleum and Bharat Petroleum has signed an exploration and producti...
30 Jun, 2006, 01.28 AM IST
- GAIL consortium signs EPSA for Oman Block
GAIL (India) Ltd and its partners on Wednesday signed the Exploration and Production Sharing Agreement (EPSA) with Government of Oman for B...
28 Jun, 2006, 02.00 PM IST