Cabinet Committee on Investment (CCI) would sort out the defence related issues in starting exploration on some of the oil and gas blocks, Planning Commission Deputy Chairman Montek Singh Ahluwalia said. Ministries of defence and oil are asked by the committee to sort out issues like exploration area overlapping with proposed Naval base or being close to missi
Tag: NELP
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Survey calls for clarity in NELP
Economic Survey 2012-13 called for clarity in terms of the New Exploration Licensing Policy (NELP) in order to remove impediments to implementation of projects in infrastructure, especially in the area of energy. While the Survey did not elaborate on what clarity was needed in NELP, it said the long term strategy should focus on issues like... petroleum price distortion (and) natural gas
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Ishar Gasoil loses oil and gas blocks
Ishar Gasoil, which bid for three oil and gas blocks under the ninth round of the New Exploration Licensing Policy (NELP), failed to secure these blocks as the Cabinet Committee on Economic Affairs (CCEA) rejected them. Owing to the companyÂ’s negative net worth, its bids for the blocks RJ-ONN-2010/1, GV-ONN-2012/1 and
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Project management tools are key to global market capture
Indian companies engaged in O&G exploration are yet to fully exploit the marquee project management tools and processes in order to streamline the procedure for optimum results.
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GVK eyes partner for oil & gas project
GVK Power & Infrastructure may rope in a partner for furthering its plans for tapping the potential in oil & gas sector.
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Analysis: Natural gas infra is new buzzword
In the next four years, the natural gas transmission capacity will be doubled, placing India in a good position to accomplish the goals set by energy planners and to transport the increased natural gas availability which is expected to reach 375 mmscmd by 2015.
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Piggybacking: Riding on gas boom
By 2020, India will need 115 to 135 billion cu m of natural gas supply, much of which is planned as an alternative to both power and energy needs.
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Face-Off: Learning to learn
The US Department of State has undertaken the “Global Shale Gas Initiative†which represents nearly 20 countries, 10 US federal entities as well as state and local regulators to discuss and advance the importance of shale gas as a lower carbon fuel option.
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ONGC leads in 10 blocks at Nelp-9
Oil and Natural Gas Corporation (ONGC) has emerged the provisional winner for close to 10 out of the 29 blocks it has bid for in the ninth round of the New Exploration Licensing Policy (Nelp).
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Many plans in this pipeline
The discovery of gas in the KG Basin has not only changed the nation’s energy vision, but its strategy to transport gas, the old new kid on the block, says Daya Kingston.