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Hydrocarbon Exploration And Licensing Policy

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India opens biggest oil, gas block bid round; 25 blocks on offer

India on Tuesday opened its largest oil and gas bid round, offering 25 blocks covering 1.91 lakh square kilometers mostly in offshore area, as the government looks to boost domestic production to......

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......

New licensing policy aims for 'big oil'

In a bid to attract "big oil" to India, the government is close to finalising an Open Acreage Licensing Policy, which gives companies a round-the-year window to pitch for oil and gas in blocks of......

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......

60 oil & gas blocks to go under the hammer

India is the third largest consumer of petroleum products, after the US and China. The second round of bidding for discovered small and marginal fields (DSF) in the petroleum sector is set to take......

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