Oil India won nine blocks, while ONGC managed to win two among the 55 oil and gas blocks on offer
2 min read28 Aug 2018Income tax benefits have now been extended to all the 28 oil and gas fields awarded before the advent of the New Exploration Licensing Policy (NELP) in 1999
1 min read18 Jul 2018RIL invites tenders to develop many of its deepwater oil and gas blocks, including the KG-D6 block off the coast of Andhra Pradesh
3 min read13 Apr 2016With wiggle room for policies limited by decades of Congress rule, the govt is doing its best to fix the mess left behind
4 min read22 Mar 2016Sale of discovered but undeveloped oil and gas resources can unlock `70,000 crore worth of reserves, says oil minister
2 min read22 Sep 2015The government is contemplating to make three major changes in the auctioning system
1 min read26 Jun 2015Govt is likely to hold 10th round of auctions under New Exploration Licensing Policy in the current fiscal year, said oil minster Pradhan
1 min read26 Jun 2015Oil and gas explorer's plan to develop deep water blocks, shale reserves alone points to troubled partnership
3 min read6 May 2015Govt move prompted by delays over testing, mandatory before an operator can declare the potential of the find
3 min read30 Apr 2015This is the second hydrocarbon discovery made by ONGC in the NELP-IV block
1 min read17 Dec 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared