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Nelp

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Time to revisit the NELP

The New Oil Exploration Policywas started in January 1999 when the price of Brent crude was around $18 a barrel, our domestic production around 32 million tonnes a year, and our foreign exchange......

Move on tax holiday may impact Nelp-IX bidding

The government's decision not to extend the tax holiday on exploration of oil blocks being offered in the ninth round of bidding under the New Exploration and Licensing Policy (Nelp) may impact the......

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......

NELP auction: Energy majors flock to roadshows

More than two dozen global energy majors, including Exxon Mobil and Conoco Philips of the US, UK's BP Plc and BG Group and French giant Total, lined up at roadshows in Houston and Calgary to......

Videocon ropes in Oilex for NELP block bids

Videocon is looking at increasing its presence in the West Asian and African countries.Videocon Industries and Australian oil major, Oilex NL, have decided to jointly bid for oil and gas blocks......

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