60 oil & gas blocks to go under the hammer

India is the third largest consumer of petroleum products, after the US and China. The second round of bidding for discovered small and marginal fields (DSF) in the petroleum sector is set to take......

Why FDI in oil & gas is in a mess

The retrospective tax controversy was highlighted by Vodafone, but Cairn Plc’s continuing problems point to the impact this law has had on FDI in India’s oil and gas sector.......

'CBI cases, CAG comments led to policy paralysis in Oil Min'

CBI cases against DGH and adverse comments by CAG had led to near policy paralysis in the oil ministry, its Joint Secretary (Exploration) has said. In a presentation to investors in Mumbai last......

OilMin to move Cabinet note to allow RIL retain 3 gas discoveries

The Ministry of Petroleum and Natural Gas has proposed allowing Reliance Industries Ltd to submit a revised declaration of commerciality for three of its discoveries in the KG-D6 block -- D29, D30......