In the next five years, expect continuity on the policy front with a focus on implementation
3 min read30 May 2019Oil India Ltd and Vedanta Ltd walked away with two fields each while lesser known Ganges Geo Resources Pvt Ltd won five fieldsIndian Oil Corp and its partner HOEC won one field
1 min read1 Mar 2019ONGC and OIL are not compensated for the amount they had spent on discoveries of these oil and gas reserves. Unlike state-owned firms, the private players are allowed pricing and marketing freedom to make these discoveries viable
2 min read17 Dec 2018The government plans to launch the auction of 60 oil and gas fields being offered in the second round of bidding for Discovered Small Field on 9 August, says regulator Directorate General of Hydrocarbons
2 min read30 Jul 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared