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Hydrocarbon Exploration And Licensing Policy

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God forbid if Chidambaram had his way with gas prices today

 Sheela Bhatt gets the inside story of the Cabinet Committee on Economic Affairs meeting that finally decided to steeply increase the price of natural gas. Sources say that Finance Minister P......

India's biggest oil, gas bid round gets 4 bidders

 India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate......

Domestic crude oil producers get marketing freedom, exports not allowed

 In a move that may boost the Indian hydrocarbon industry and bring more investments into the sector, the Union Cabinet on Wednesday decided to give marketing freedom to domestic crude oil......

Only 3 bidders for 21 oil, gas blocks; RIL stays away

 India's latest bid round for 21 oil and gas blocks attracted just three bidders, two of whom were state-owned explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL), according to......

Newbies dream to become oil barons in limbo

 22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production. When the first round of auctions for......

ONGC walks away with all 7 oil, gas blocks on offer

 These 7 blocks are adding exploration acreage of 18,510 square kilometres spread over three sedimentary basins of India and have a resource potential of approximately 33 billion barrels of oil and......

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