Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsOil exploration

    Oil Exploration

    Jump to

    • Oil India's hydrocarbon breakthrough in Namrup Borhat-1 to make Assam first state oil producer

      The discovery, which is considered to be a major breakthrough, is set to provide a boost to India’s energy sector.

    • ONGC plans Rs 30,125 crore capex, sees output increasing in FY24 

      The oil exploration company said that in the last five years, it has spent around Rs 1,44,000 crore on capital expenditure.

    • Moneycontrol Selects: Top stories this evening

      Our specially curated package of the most interesting articles to help you stay at the top of your game.

    • Govt taking strenuous steps to scale up oil exploration, production: Oil Minister Puri

      The minister clarified on the Budget fine prints stating that the Rs 35,000 crore earmarked for the ministry for energy transition and security does not include the compensation to OMCs for losses made on price freeze.

    • Rajasthan block to get major share of Cairn Oil & Gas $5 billion investment by FY26: Deputy CEO

      The Rajasthan block, which has had 38 discoveries so far, has an exploration potential resource of 1.3 billion barrels of oil equivalent

    • Hindustan Oil Exploration Co shut second well in western offshore for tech issues

      Management hopes to resolve technical issues in oil well D1 and gas well D2 in the current calendar year.

    • India deregulates sale of domestically produced crude oil

      The move will lead to pricing and marketing freedom in the sector and boost production, Anurag Singh Thakur told reporters in New Delhi.

    • India to double down on oil, gas exploration: Hardeep Singh Puri

      The world’s third-largest energy consumer will continue to rely on hydrocarbons to meet its growing energy needs in the foreseeable future, he said at the World Energy Policy Summit 2022.

    • India, Vietnam to step up defence cooperation, oil exploration

      The two countries, during the state visit of President Ram Nath Kovind to Vietnam, shared the view that defence and security cooperation has become an important pillar of the comprehensive strategic partnership, the Ministry of External Affairs (MEA) said in a statement.

    • India switches to liberal regime for oil, gas exploration

      India has switched over to the Open Acreage Licensing (OAL) regime where companies can choose areas they want to explore, said Oil Minister Dharmendra Pradhan.

    • India, US resolve 35 transfer pricing disputes in IT sector

      A Framework Agreement was recently signed with the US under the Mutual Agreement Procedure (MAP) provision of the India-US Double Taxation Avoidance Convention (DTAC). "This is a major positive development," the Central Board of Direct Taxes (CBDT) said in a statement.

    • BP profits fall as oil price bites

      The oil price came in at USD 2.577 billion for the first quarter, below the USD 3.225 billion reported in the same period the previous year but above the USD 2.239 billion reported in the last quarter of 2014.

    • Expect positive move in banking, metal stocks: Ajay Jain

      According to Ajay Jain CEO of astromoneyguru.com, positive move is expected in banking, metal, oil exploration and shipping stocks.

    • Govt approves policy for shale gas and oil exploration

      India, the world's fourth-largest consumer of energy, could be sitting on as much as 96 trillion cubic feet (tcf) of recoverable shale gas reserves, equivalent to about 26 years of the country's gas demand, according to the US Energy Information Administration.

    • Speedier clearances no magic wand for India's infra logjam

      The government hopes that speeding up the launch of hundreds of new power plants, highways and oil exploration blocks will breathe new life into an economy that has fallen off its perch as an emerging market high-flier.

    • Cairn renews exploration focus; eyes global ops for growth

      CNBC-TV18's Nayantara Rai reports that Cairn India has renewed its focus on exploration, and is eyeing global opportunities for growth.

    • High inflation, oil can push RBI to cut rates: Rahul Chadha

      Rahul Chadha, head of India investment/associate director, Mirae Asset Global Investments says that for the market to perform, successive rate cuts are needed over the next 12-15 months.

    • A slippery peak: The new oil equation

      New discoveries have disproved the idea that the world is running out of oil.

    • Refrain from S China Sea oil exploration: China to India

      China today asked India and other countries to refrain from oil exploration in maritime areas offered by Vietnam in the South China Sea, claiming that it enjoys "indisputable sovereignty" there.

    • A look at ONGC's oil field at Bombay High

      India's largest oil exploration company, ONGC's FPO, valued at around USD 2.5 billion and delayed by more than six months, is likely to be launched on September 20.

    • Reliance Industries drops Oman offshore oil project

      Reliance Industries has abandoned plans to develop an offshore oil exploration block in Oman six years after signing a production sharing agreement.

    • SP Tulsian's multibaggers: Selan and Solar Industries

      SP Tulsian of sptulsian.com joins CNBC-TV18 to take his multi-bagger picks for the day from the stock universe. Check out what he has to say about Selan Exploration and Solar Industries.

    • Oil exploration, telecom to outperform: Astrostocktips

      Hospital, oil exploration, telecom sectors will be getting astrological support, says Satish Gupta of astrostocktips.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347