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Nelp Vii

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Cabinet panel to take up Nelp VII next week

The Cabinet Committee on Economic Affairsis likely to take up the issue of awarding oil and gas exploration blocks under the seventh round of the New Exploration and Licensing Policy (Nelp VII)......

Oil majors vie for oil blocks under NELP-VII

The government on Monday received 181 bids from global and domestic oil majors, including ONGC, Reliance Industries, Essar, BP Plc and BHP Billiton, for oil and gas exploration blocks under the......

Adani Welspun strikes gas in Mumbai offshore

A joint venture of Adani Group and Welspun Enterprises Ltd has discovered natural gas reserves in an area off the Mumbai coast, the two firms said in a statement Monday. The first-ever gas......

Govt likely to postpone NELP-VII bid date to May 9

Government is likely to postpone the last date of bidding for the 57 oil and gas blocks on offer for under the seventh round of New Exploration Licensing Policy by two weeks to May 9 to facilitate......

NELP-VIII draws $1.34 bn investment: Govt

Rubbishing comments that India's largest auction of oil and gas blocks flopped last week, the government said on Wednesday the eighth round of NELP attracted over $1.34 billion in minimum......

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