oil exploration

OIL EXPLORATION NEWS

How Oilfields Amendment Bill aims to delink petroleum, mineral oil production from mining activities

December 05, 2024 4:06 pm

The Oilfields Bill aims to encourage domestic fuel production. Here is what its provisions say and why some parties, such as the DMK, have criticised it.

ONGC to invest Rs 31,000 cr in finding oil, gas

May 26, 2022 9:38 pm

ONGC said it also plans to leverage international collaborations with reputed global majors for this, for which talks are in an advanced stage.

Norway rejects Greenpeace appeal over Arctic oil exploration

December 22, 2020 5:13 pm

In a landmark case, Norway's top court has approved oil exploration in the Barents Sea. Greenpeace had argued that oil licenses violated the Norwegian constitution, which guarantees the right to a healthy environment.

ONGC to drill 103 wells in Cambay basin in Gujarat

November 03, 2014 2:07 pm

ONGC will spend over Rs 670 crore for drilling 103 wells in 30 blocks in Mehsana & Patan

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.

ISRO to shift satellite launch boundary for oil exploration by Cairn India,Tata,ONGC

December 26, 2013 2:36 am

Site in prohibited zone has best chance of petroleum system,says Cairn India.

Petrovietnam,ONGC Videsh sign oil exploration pact

November 21, 2013 9:43 am

The exploration pact would allow activities in Vietnam,India as well as in a third country.

Honour contracts or forget investments: BP chief to Veerappa Moily

October 19, 2013 12:04 am

RIL chairman Mukesh Ambani and BP's Bob Dudley met Moily over issues related to KG-D6 issues.

South China Sea region property of the world: India

April 06, 2012 5:22 pm

India says the region must be freed from any 'national interference'.

'Stake transfers in oil fields to NRIs to come under FEMA'

November 16, 2011 6:16 pm

At present,100% FDI is permitted in exploration and production of oil and gas under automatic route.

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