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PTI
October 29, 2018



PTI
April 11, 2018



PTI
New Delhi, November 5, 2017
Nearly 25 years after ONGC's prime discovered oilfields were privatised, the oil ministry has identified 11 more producing oil and gas fields of the state- run firm for handing over to private firms to raise output.


PTI
New Delhi, September 7, 2016
Net profit at Rs 4,233 crore, or Rs 4.95 a share, in April-June was 21.14 per cent lower than Rs 5,368 crore, or Rs 6.27 per share, in the same period a year ago, the company said in a statement.


Anilesh S Mahajan
Delhi, August 16, 2016
\"We will ensure that the company which approaches us first for exploration does not lose out. I'm unable to outline any structure at this stage, because we are working on the legality of various options, says Atanu Chakraborty, Director General of Hydrocarbons (DGH).


By Madhav Raghavan
Delhi, June 21, 2016
From oil and gas blocks to coal blocks to spectrum bandwidth, auctions have become the preferred mode of sale to both ensure transparency and generate substantial revenue.


By Anilesh S. Mahajan
Delhi, May 2, 2016
Providing free LPG connections to five crore BPL families is one of the most ambitious plans of the Narendra Modi government. The man assigned the task is Oil Minister Dharmendra Pradhan.


By Anilesh S. Mahajan
Delhi, March 27, 2016
Experts say giving explorers freedom to price gas gives India a chance to exploit the current low global prices of services for exploring 28 basins with 260 trillion cubic feet (tcf) recoverable shale gas, 20 tcf natural gas, and other resources.


Hemal Zobalia, Jimit Devani and Archita Modi
February 23, 2016
There is an urgent need to shift our power supplies from oil, coal, and natural gas to wind, solar, geothermal, and other renewable energy sources.


PTI
New Delhi, January 7, 2016
The Budget for 2016-17, the second full-year Budget by Finance Minister Arun Jaitley is likely to make changes in the way Oil Industry Development Cess is levied to provide relief to companies such as ONGC and Cairn India that are being battered by oil prices plunging to 11-year low.


BT Online
New Delhi, November 24, 2015
Stocks surged on news reports that the petroleum ministry is in discussion with Finance Ministry to reduce cess on oil firms.


Anilesh S Mahajan
November 19, 2015
Investments in oil and gas exploration are crucial for India because they would make it less dependent on foreign oil and give the economy a considerable boost.


Anilesh S Mahajan
November 21, 2015
India had imported crude oil worth $168 bn in 2013/14, but with the crash in prices it may import the same volume of crude oil for $88 bn in 2015/16.


PTI
New Delhi, October 7, 2015
A cess of Rs 4,500 per tonne (about $9 per barrel) is levied on crude oil produced by state-owned ONGC and Oil India from fields given to them on a nomination basis.


PTI
New Delhi, September 21, 2015
The state-owned oil producers producers want govt to levy ad-valorem rate of cess which will result in higher payouts when prices are high and lower payout when rates fall.


Anilesh S Mahajan
September 8, 2015
Oil prices are at their lowest in last six years, and there are no signals of price spikes in short term.


PTI
New Delhi, September 2, 2015
State-owned firms are surrendering the fields because they were uneconomical to develop due to government's subsidy sharing mechanism.


IANS
Mumbai, June 12, 2015
RIL chairman Mukesh Ambani said the company was trying hard to raise output from the challenging areas in the Krishna-Godavari basin, but the returns were below the cost of capital.


PTI
New Delhi, May 21, 2015
During the year, RIL opted to relinquish two blocks KG-DWN-2003/1 and CY-PR-DWN-2001/3 as part of the ongoing effort to high grade its upstream asset portfolio, the company said in its annual report for 2014-15.


Shweta Punj, Anilesh S. Mahajan Venkatesha Babu and Nevin John
February 12, 2015
A million Indians join the workforce every month. What can Arun Jaitley's Budget and Narendra Modi's Make in India do for them?


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