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 Infoline, 3 weeks ago
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 Standard, 3 weeks ago
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 Control, 3 weeks ago
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 Chronicle, 1 month ago
Posted by Equitymaster After opening the day on a negative note, the Indian share markets have continued to trade below the dotted line. All the sectoral indices are trading on a negative note, with stocks in the Metal Sector and the Realty sector leading the ...Equitymaster.com, 1 month ago
The Oil and Natural Gas Corporation Ltd. (ONGC) and the Gujarat State Petroleum Corporation Ltd. (GSPC) have been engaged in discussions on a potential transaction for purchase by ONGC of GSPC's stake and operatorship in NELP-III Block KG-OSN-2001/3 ...Business Standard, 1 month ago
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