E-PaperNelp News
Vedanta bags 41 oil, gas blocks in maiden open acreage auction
Oil India won nine blocks, while ONGC managed to win two among the 55 oil and gas blocks on offer
2 min read28 Aug 2018Cabinet reduces ONGC’s burden of levies in pre-NELP oil blocks
Income 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 deepwater oil and gas blocks
RIL 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 2016Right or left, path is right
With 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 2016Auction of 69 marginal fields to start from December
Sale of discovered but undeveloped oil and gas resources can unlock `70,000 crore worth of reserves, says oil minister
2 min read22 Sep 2015India to auction oil and gas blocks this fiscal year
The government is contemplating to make three major changes in the auctioning system
1 min read26 Jun 2015Round 10 of Nelp auctions likely this year: Dharmendra Pradhan
Govt 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 2015ONGC’s pact with ConocoPhillips on the rocks
Oil and gas explorer's plan to develop deep water blocks, shale reserves alone points to troubled partnership
3 min read6 May 2015CCEA proposes three options for testing reserves of Nelp blocks
Govt move prompted by delays over testing, mandatory before an operator can declare the potential of the find
3 min read30 Apr 2015ONGC, BPCL make new gas discovery in Cauvery basin
This is the second hydrocarbon discovery made by ONGC in the NELP-IV block
1 min read17 Dec 2014Popular Topics
Budget
The 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