India will have a new policy to auction hydrocarbon assets for exploring oil and gas reserves

AGARTALA, Dec 29: Public sector exploration major Oil and Natural Gas Corporation (ONGC) has found a huge gas deposit in Tripura, officials said here on Tuesday.

NEW DELHI: State-run Oil and Natural Gas Corporation (ONGC) has announced that it has made two gas discoveries. The company has found gas in the well GK-28-1 drilled in the Kutch offshore block-1 in western offshore, according to an ONGC statement here.

Mehsana: Oil and Natural Gas Corporation (ONGC) has embarked on a multi disciplinary team (MDT) approach in western onshore to mark the beginning of a unique organizational model to strengthen its focus on exploration and production.
The MDT model will work under the existing assets in the western onshore and depending on the outcome, the model will be rolled out in the entire company.

Gandhinagar: Chief Minister Narendra Modi winded up his two-day visit to Moscow on Tuesday.

Oct. 13: The Chief Minister, Mr K. Rosaiah, said the gas expected from the four K-G Basin blocks would be fully utilised for the industrial and domestic needs of the state.

Of the 80 blocks offered, only 44 attracted bids

Bidding for the latest round of oil and coal bed methane (CBM) blocks closed today with a poor response from bidders. Government-owned Oil and Natural Gas Corporation got 14 blocks, the highest number.

K. Venkateshwarlu
HYDERABAD: Andhra Pradesh achieved a significant breakthrough in its quest to have a pie in the Krishna-Godavari Basin when it successfully won the bid for oil and gas blocks through the eighth round of the New Exploration Licensing Policy (NELP) in the auction held in New Delhi on Monday.

Reliance Industries has threatened to stop oil and gas exploration if it is not granted the promised drilling moratorium to cover for the acute shortage of rigs.