new exploration licensing policy
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  • Book Excerpt: The Next Stop | How is natural gas pricing done in India? Apr 14, 2021 03:01 PM IST

    Book Excerpt: The Next Stop | How is natural gas pricing done in India?

    A new book edited by energy expert Vikram Singh Mehta looks at different aspects of natural gas use in India, including policy changes and reforms in pricing.

  • Budget 2016: Refuelling India‘s energy growth Feb 04, 2016 03:48 PM IST

    Budget 2016: Refuelling India‘s energy growth

    The NDA Government appears to be very keen on setting this story right which is evident from the efforts being made by the oil ministry towards stakeholder participation in policy formulation.

  • Govt to auction 69 idle oil & gas fields ceded by ONGC, OIL Sep 02, 2015 01:00 PM IST

    Govt to auction 69 idle oil & gas fields ceded by ONGC, OIL

    In a press briefing, Minister of State (with Independent charge) for Petroleum and Natural Gas Dharmendra Pradhan said the gas produced will be sold at prevailing market price and the government will also be introducing revenue sharing model for the first time in the oil sector.

  • India to auction oil and gas blocks in this fiscal Jun 26, 2015 08:58 PM IST

    India to auction oil and gas blocks in this fiscal

    The next round of auction of oil and gas blocks under the New Exploration Licensing Policy (NELP) will be held by the end of 2015-16 fiscal, Petroleum and Natural Gas Minister Dharmendra Pradhan said on Friday.

  • ONGC targets to start production by mid-2018 from KG-D5 Dec 01, 2014 06:18 PM IST

    ONGC targets to start production by mid-2018 from KG-D5

    ONGC is using cluster approach to bring oil and gas finds in the block KG-DWN-98/2 or KG-D5, which sits next to Reliance Industries' Bay of Bengal block KG-D6, to production by 2018-19, he told Lok Sabha in a written reply to a question.

  • 10th round of oil and gas blocks auction this fiscal: Moily Jun 04, 2013 08:31 PM IST

    10th round of oil and gas blocks auction this fiscal: Moily

    The government is likely to launch the tenth round of auction under the New Exploration Licensing Policy (NELP) this fiscal, oil minister M Veerappa Moily said on Tuesday.

  • India to offer 68 blocks in tenth round of NELP Apr 01, 2013 08:22 PM IST

    India to offer 68 blocks in tenth round of NELP

    India may offer as many as 68 blocks or areas for exploration of oil and gas in the tenth round of New Exploration Licensing Policy (NELP) this year. This will be the second-highest offering of block since the advent of NELP 1999, official sources said

  • CCEA approves award of 5 oil & gas blocks Aug 23, 2012 07:41 PM IST

    CCEA approves award of 5 oil & gas blocks

    The Cabinet Committee on Economic Affairs (CCEA) today approved award of five more oil and gas blocks that were offered in the ninth round of bidding under New Exploration Licensing Policy (NELP).

  • Board to be set up for one-time nod to oil and gas projects Jul 19, 2012 04:20 PM IST

    Board to be set up for one-time nod to oil and gas projects

    Realising the dampening impact on investments due to problems on account of regulatory nod, the government has decided to set up a high-level board to ensure speedy "one-time" clearances to oil and natural gas projects, 70 of which have been affected so far.

  • Govt approves award of 16 oil and gas blocks in NELP-IX Mar 23, 2012 08:36 PM IST

    Govt approves award of 16 oil and gas blocks in NELP-IX

    The government today approved the award of less than half of the 33 oil and gas blocks that were bid for in the ninth round of New Exploration Licensing Policy (NELP). The Cabinet Committee on Economic Affairs approved award of 16 blocks, Oil Minister S Jaipal Reddy told PTI.

  • NELP-IX blocks on sale: RIL, Cairn & ONGC vie for share Mar 28, 2011 01:24 PM IST

    NELP-IX blocks on sale: RIL, Cairn & ONGC vie for share

    Reliance Industries has 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 Licensing Policy (NELP). ONGC too has submitted bids for 28 of these blocks.

  • BP-RIL deal may usher in fresh oil, gas investments Mar 04, 2011 10:11 AM IST

    BP-RIL deal may usher in fresh oil, gas investments

    BP's USD 7.2-billion deal to jump into India's oil and gas sector with Reliance Industries is the first sign of new investment that could attract more players, helping to boost output and meet surging demand.

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