ONGC eyes Mexican oil and gas blocks

Last Updated: Sunday, April 5, 2015, 10:44

The company is pitched against the US majors ExxonMobile and Chevron, Anglo-Dutch firm Shell as well as national oil companies and Mexican players for 14 shallow water exploration blocks in the country's southern region.

10th round of oil and gas block auction likely in January

Last Updated: Thursday, September 26, 2013, 12:43

India is likely to launch the 10th round of auction of oil and gas blocks in January as the country looks to attract foreign investors to boost domestic production.

ONGC identifying more blocks to buy stake in Kazakhstan

Last Updated: Wednesday, September 25, 2013, 13:56

State explorer Oil and Natural Gas Corp is in the process of identifying more oil and gas blocks in Kazakhstan in which it could buy stakes, the head of its overseas unit ONGC Videsh said.

CAG has power to audit oil & gas blocks: Rangarajan

Last Updated: Wednesday, January 2, 2013, 20:33

The Prime Minister-appointed Rangarajan Committee, which went into oil and gas contracts, Wednesday said CAG's authority to audit expenses was unquestionable.

Govt signs 4 more oil & gas block contracts under NELP-9

Last Updated: Thursday, August 30, 2012, 20:23

The government on Thursday signed contracts for four more oil and gas blocks that were offered in the ninth round of bidding under New Exploration Licensing Policy (NELP).

Govt to start 10th round of auctions for exploration blocks soon

Last Updated: Wednesday, March 28, 2012, 13:06

India will continue auctioning oil and gas blocks but won't switch to a new process of accepting bids for exploratory blocks at any time due to data-related issues, Oil Minister Jaipal Reddy said Wednesday.

Govt approves award of 16 oil and gas blocks in NELP-IX

Last Updated: Friday, March 23, 2012, 21:30

The government on Friday approved the award of less than half of the 33 oil and gas blocks that were bid for in the ninth round of New Exploration Licensing Policy (NELP).