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About 15 results for "nelp"

Cairn, ONGC, Essar benefit from pre-NELP contract extension

The contracts for these pre-NELP exploratory blocks will be extended for 10 years Business Standard, 2 days ago

7 images for nelp

Offshore Energy Today, 2 months ago
Before It's News, 3 months ago, 5 months ago
Loss Prevention Media, 6 months ago
Loss Prevention Media, 6 months ago
Loss Prevention Media, 6 months ago
MSN UK, 6 months ago

Cabinet approves Policy for the Grant of Extension to the Production Sharing Contracts signed by GOI awarding Pre-NELP Exploration Blocks

This policy will enable the contractors to extract not only the remaining reserves but also plan to extract additional reserves by implementing new technologies. In certain fields, additional recovery of hydrocarbons can be obtained through Enhanced Oil ...
 Business Standard2 days ago

Sensex Opens Marginally Higher; Oil & Gas Stocks Lead

Posted by Equitymaster Asian equity markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.14%, while the Hang Seng is up 0.31%. The Shanghai Composite is trading up by 0.36%. European stock markets finished weak in their ...
 Equitymaster.com3 days ago Sensex Trades in Red; IT Stocks Drag  Equitymaster.com5 days ago Sensex Stays in the Red; Realty Stocks Witness Maximum Selling Pressure  Equitymaster.com2 months ago

Cabinet nod for extending oil production sharing contracts

A Union Cabinet panel on Wednesday approved a policy for extending the licences of oil and gas fields awarded before the 1999 New Exploration Licensing Policy (NELP) regime, on payment of an additional 10 per cent profit share.The Cabinet Committee on ...
 Prokerala3 days ago

Oil explorers’ lease could be extended by 4 years

To speed up reforms in the oil and gas sector, the government is set to formalise a new set of rules that will allow exploration companies to get extension of licences four years ahead of the end of its term. The policy is expected to provide clarity to ...
 The Financial Chronicle4 days ago

ONGC board approves pact to acquire GSPC stake for $1.2 bn

The Board of state-owned ONGC has approved signing of definitive agreements for buying debt- laden GSPC's entire 80 per cent stake in KG-basin natural gas block for USD 1.2 billion. ONGC will pay USD 995.26 million for three discoveries in the KG-OSN-2001/3 ...
 Business Standard4 weeks ago

Mercator's subsidiary awarded two oil blocks; stock up by 3%

Mercator, which was formerly known as Mercator Lines is the stock in focus, owing to the recent development pertaining to the subsidiary of the company Mercator Petroleum Ltd.,(MPL) having been awarded 2 oil blocks in the Cambay Basin under NELP VII, at the ...
 India Infoline1 month ago

Andhra Pradesh offers Single Window Service to ONGC operations

The Government of Andhra Pradesh and ONGC signed a Memorandum of Understanding (MoU) on Friday to take forward all critical Oil and Gas Exploration and Production activities of the Maharatna PSU in the state.The MoU was signed at Visakhapatnam, at the ...
 Business Standard1 month ago

Budget 2017: Should take the right steps to rejuvenate energy sector

2016 was a busy year of policy overhaul for the energy sector. The government introduced policy reforms, with the new Hydrocarbon Exploration and Licensing Policy (‘HELP’) replacing the earlier NELP regime.
 Money Control1 month ago

Budget might halve cess on crude to 10%

The government may halve the cess on domestic crude from 20 per cent to 10 per cent to prevent loss of revenue for exploration companies at a time when global oil prices have started inching upwards after production cuts by oil cartel Opec. This move would ...
 The Financial Chronicle2 months ago
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