BHP gives up nine oil & gas exploration blocks in India

Global miner BHP Billiton said on Monday it has given up nine oil and gas exploration blocks in India due to its inability to carry out exploration operations there.The company is withdrawing from......

NELP-IX: Reliance bids for 6, Cairn for 2 blocks

Reliance Industries on Monday bid for six oil and gas exploration blocks while Cairn India submitted offers for two out of the 34 on offer in the 9th round of auction under the New Exploration......

India to offer shale gas blocks by end of 2011

India will launch its first-ever offer of shale gas areas for exploration by end 2011, even as it targets at least a billion dollar of investment commitments from the ongoing auction of......

India launches ninth edition of NELP

Hoping to attract more foreign companies to explore its vastly unexploited sedimentary basin, India on Friday launched its ninth round of oil and gas block auction, made up mostly of previously......