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Newbies dream to become oil barons in limbo

22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production. When the first round of auctions for......

Cairn India revamp: ONGC withholds consent

Oil and Natural Gas Corporation has withheld consent for internal restructuring of Cairn India Ltd for a year.Cairn wants the stakes that its different subsidiaries, including those registered......

Govt kicks off NELP, expects $3-bn commitment

The government flagged off the eighth edition of the New Exploration and Licensing Policy (Nelp-VIII) and the fourth round of bidding for Coal Bed Methane (CBM-IV) in Mumbai, expecting a commitment......

Companies hedge on ATF to tackle price volatility

In a move to curb costs and with oil prices on a decline, oil companies like Tata Petrodyne Ltd have got into hedging of crude oil on the domestic trading platform -- multi commodities xchange.In......

Tax sops: Oil ministry approaches FinMin

The petroleum ministry has asked the finance ministry for clarification on the proposal to withdraw the 7-year income tax holiday on production of oil and gas with effect from April 1 this year.......

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Tata Petrodyne

News for Tata Petrodyne

Newbies dream to become oil barons in limbo

Cairn India revamp: ONGC withholds consent

Govt kicks off NELP, expects $3-bn commitment

Companies hedge on ATF to tackle price volatility

Tax sops: Oil ministry approaches FinMin

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