India announces new licensing policy to boost oil output
India on Tuesday announced an open acreage licensing policy for oil and gas exploration, allowing bidders to carve out areas where they want to drill as the energy- hungry country looks at greater foreign investment to boost output.
Mar 07, 2017, 14:19 PM IST
ONGC eyes Mexican oil and gas blocks
The company is pitched against the US majors ExxonMobile and Chevron, Anglo-Dutch firm Shell as well as national oil companies and Mexican players for 14 shallow water exploration blocks in the country's southern region.
Apr 05, 2015, 10:44 AM IST
