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Cairn gets nod for 64 exploratory wells

Cairn gets nod for 64 exploratory wells

A committee under the Ministry of Environment, Forests and Climate Change has given the green signal to Cairn India for undertaking drilling works of 64 exploratory and appraisal wells in KG-OSN-2009/3 block in KG basin at Prakasam and Guntur districts of Andhra Pradesh.

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Govt rejects Cairn appeal to renew Rajasthan block deal

Govt rejects Cairn appeal to renew Rajasthan block deal

The government has rejected Cairn India´s plea to renew the contract for the prolific Rajasthan block with the existing terms and conditions and has asked for the investment plan for the renewal period to assess the extent to which the state´s share of profit can be raised.

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Government clears 30 oil & gas discoveries

Government clears 30 oil & gas discoveries

Ending months of logjam over discoveries mired in contractual disputes, the government has cleared 30 projects of firms like Cairn India and ONGC to help monetise about 2.6 trillion cubic feet of gas reserves.

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Govt gives green nod to 190 projects worth Rs.6.31 lakh cr

Govt gives green nod to 190 projects worth Rs.6.31 lakh cr

Environmental clearance has been given to 190 projects, entailing an investment of Rs 6.31 lakh crore across sectors like mining and steel during June-December as part of the National Democratic Alliance (NDA) government´s policy to fast-track industrial development and generates jobs.

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