Production Sharing Contract

OVL begins exploratory drilling in Bangladesh
Oil & Gas

OVL begins exploratory drilling in Bangladesh

ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), on Thursday said it has…
OVL seeks 2-yr extension for exploring Vietnamese oil block
Oil & Gas

OVL seeks 2-yr extension for exploring Vietnamese oil block

ONGC Videsh Ltd, the overseas arm of Oil and Natural Gas Corp (ONGC), has for the seventh time sought an…
DGH overhauls approval processes for oil, gas fields
Oil & Gas

DGH overhauls approval processes for oil, gas fields

A self-certified declaration of a commercial oil or gas discovery is all that is now needed by a company to…
Government making all efforts to reduce crude oil imports
Oil & Gas

Government making all efforts to reduce crude oil imports

Minister of Petroleum and Natural Gas, Rameswar Teli in a written reply to a question in Rajya Sabha informed that…
Centre can ask 10% more share in profits from Barmer block
Oil & Gas

Centre can ask 10% more share in profits from Barmer block

The Delhi High Court said the Centre can demand 10% higher share in the profit derived from oil produced by…
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