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ONGC discovers oil, gas offshore Mumbai

The blocks, Amrit and Moonga, were won by the company in recent open acreage licensing rounds. [Image: ONGC] ....

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Govt launches Open Acreage Licensing Programme Bid Round-VII

Since the launch of HELP on 30 March 2016, five rounds of OALP have been concluded for 105 E&P blocks; award of 21 blocks under sixth round of OALP is under progress. ....

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India announces OALP Bid Round-VII

India has launched OALP Bid Round-VII, offering 8 Blocks for Exploration and Development through International Competitive Bidding. ....

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Oil Ministry launches sixth bid round of Open Acreage Licensing Programme

Oil Ministry launches sixth bid round of Open Acreage Licensing Programme
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Ministry Of Petroleum , Oil Ministry , Oil Cess , Acreage Licensing Programme , Work Programme , Natural Gas , Open Acreage Licensing Programme , Bid Round , Shallow Water , Ultra Deep Water , Hydrocarbon Exploration , Licensing Policy , Revenue Sharing Contract , Production Sharing Contract , Committed Work Programme , அமைச்சகம் ஆஃப் பெட்ரோலியம் , எண்ணெய் அமைச்சகம் , எண்ணெய் சிஇஎஸ்எஸ் , ஏக்கர் உரிமம் ப்ரோக்ராம் , வேலை ப்ரோக்ராம் , இயற்கை வாயு , திறந்த ஏக்கர் உரிமம் ப்ரோக்ராம் , ஏலம் சுற்று , ஆழமற்ற தண்ணீர் , அல்ட்ரா ஆழமான தண்ணீர் , ஹைட்ரோகார்பன் ஆய்வு ,

'Make In India Boost': Domestic Oil Cess May Be Halved To Encourage Exploration Activities

âMake In India Boostâ: Domestic Oil Cess May Be Halved To Encourage Exploration Activities
An oil refinery
The government may give a Make in India push to oil and gas explorers, as it is considering a proposal to almost halve cess on domestic crude oil to encourage exploration activity and allow Covid-hit oil producers to protect their margins.
The glut in the oil market and deep suppression of demand during the peak of pandemic in 2020 had pushed down crude oil prices to unprecedented levels. Though crude prices have recovered over the vaccination drive against Covid and a pick in demand coupled with unilateral production cut announced by Saudi Arabia, cess puts domestic crude at a disadvantage against imported oil. ....

Saudi Arabia , Sunil Duggal , Cairn Oil , Vedanta Ltd , Union Oil Ministry , Oil Industry Development , Union Budget , Finance Ministry , Safety Officer , Oil Industry , Cairn India , Reliance Industrie , Make In India , Oil Cess , சவுதி அரேபியா , சுனில் டுக்கள் , கெய்ன் எண்ணெய் , வேதாந்தா லிமிடெட் , தொழிற்சங்கம் எண்ணெய் அமைச்சகம் , எண்ணெய் தொழில் வளர்ச்சி , தொழிற்சங்கம் பட்ஜெட் , நிதி அமைச்சகம் , பாதுகாப்பு அதிகாரி , எண்ணெய் தொழில் , கெய்ன் இந்தியா , நம்பகத்தன்மை தொழில் ,