Small fields: New firms bet on pricing freedom, new contract regime

 Date: 2/17/2017

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First-time entrants to India’s hydrocarbon space believe that pricing freedom and a new contract regime for monetising the discovered marginal fields have made the business attractive. Read More

Industry urges govt to incentivise measures for enhanced oil recovery

 Date: 4/4/2017

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Companies in the oil and gas exploration and production business want the government to incentivise Enhanced Oil Recovery (EOR) measures to boost output. Read More

Cabinet awards 31 oil blocks to 22 firms

 Date: 2/16/2017

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This is likely to bring in a gross revenue of Rs 46,000 crore over a
period of 15 years, of which the government’s share is likely to be Rs
9,600 crore. Read More