KG Narendranath, MG Arun

The tepid response to the eighth round of the New Exploration Licensing Policy questions its overwhelming merits
Bids have been received for only 36 of the 70 blocks, offered for exploration in the eighth round of the New Exploration Licensing Policy (NELP). The government remains sanguine about the response, considering the global financial situation. But the fact is that it was a damp squib.

The first unit of the 726 MW Palatana mega power project in Tripura will be operational by first quarter of 2012, said VK Jain, the Executive Director of ONGC Tripura Asset here on Saturday.

In its journey as the leading oil and gas exploration company in the world, ONGC (Established 1956), which contributes over 80 per cent of India's oil and gas production, has single-handedly scripted its hydrocarbon saga.

The Union petroleum ministry has proposed a 44 per cent increase in prices of natural gas sold under the administered price mechanism (APM) by state-owned Oil & Natural Gas Corporation (ONGC) and Oil India Ltd.

The ONGC has achieved another breakthrough when it discovered a gas field at Kalaban near Palatana in Tripura

NEW DELHI: Union Petroleum and Natural Gas Minister Murli Deora on Monday informed the Rajya Sabha that State-run Oil and Natural Gas Corporation (ONGC) would invest about $730 million in Cairn India

June 29: The issue of land subsidence due to the over-exploitation of oil and gas, in both onshore and offshore projects, has become a contentious issue in the Krishna-Godavari basin. While environmentalists have raised concerns over land subsidence, geologists discount any such possibility.