Two state-owned Egyptian companies declared that they were offering oil and gas exploration blocks in bid rounds for 2009. For full story, click here
The Budget 2009-10 move to extend tax holiday for profits arising from commercial production of natural gas will be applicable only in respect of hydrocarbon exploration blocks awarded under the New Exploration Licensing Policy (NELP)-VIII round of bidding. For full story, click here
The petroleum ministry is planning to auction over 100 prospective areas for oil and gas exploration by March 2009 under the eighth round of New Exploration Licensing Policy (Nelp-VIII). For full story, click here
Oil and Natural Gas Corporation said that the company and its partners and first timers BHP Billiton-GVK Power won 20 oil and gas exploration blocks out of the total 57 blocks that were offered on auction in the seventh round of auction under New Exploration Licensing Policy by the Cabinet Committee on Economic Affairs For [...]
Oil & Natural Gas Corp said tht its wholly owned unit ONGC Videsh Ltd had won two exploration blocks in Colombia. For full story, click here
Thursday, July 9, 2009