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NELP NEWS

FinMin rejects oil ministry proposal, says no ‘double benefits’ for explorers

June 04, 2014 1:24 am

OilMin had asked for tax holiday for offshore blocks or exemption from royalty payments.

Likely in 2014: Royalty break,tax holiday in mega oil push

December 31, 2013 11:37 pm

The new year could usher in the biggest reform in India’s hunt for oil and gas on the high seas.

RIL,govt to continue using production sharing contract

December 23, 2013 2:11 am

Contentious clause to continue but won’t be template in 10th NELP.

‘EGoM has no power to decide gas prices’

May 15, 2013 1:50 am

Cabinet Secretariat says no mandate to do so.

OilMin to propose abolition of priority in natural gas supply

May 11, 2013 3:03 am

The gas supplies would be redistributed among the core sector users “pro-rated based on the signed gas supply agreements”.

Govt shows ONGC the door on Cairn deal

February 04, 2011 4:24 pm

Govt may have shot down ONGC seeking a say in the Cairn India-Vedanta $9.6 bn deal.

India offers 34 o&g blocks for exploration

October 15, 2010 2:39 pm

India offered 34 oil and gas blocks for exploration in the 9th round of New Exploration Licensing Policy (NELP).

ONGC offers Kuwaiti's KPC stake in Gujarat project

September 28, 2010 5:15 pm

The project is being targeted for completion in early 2013.

Cairn applies to govt for approval of Vedanta deal

September 13, 2010 11:30 am

UK's Cairn Energy Plc said it would meet all contractual requirements needed to fructify the deal.

'India's savings in equity to cross $50 bn'

September 08, 2010 9:42 am

India's savings in shares and debentures are expected to exceed $50 bn by 2020 from $13 bn in 2008...

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