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OIL holds participatory interest in 27 NELP blocks: CMD

Oil India Limited (OIL) holds participatory interest (PI) in 27 NELP blocks at the end of NELP IX bidding round.

Cairn India seeks right of first refusal over Rajasthan block

Cairn India, the company which gave the nation its biggest oil discovery in more than two decades, has asked the Oil Ministry for rights to explore for unconventional shale gas in its prolific Rajasthan block.

ONGC may invoke force majeure clause for 2 KG blocks

Oil and gas major ONGC on Thursday said three of its KG Basin NELP blocks have run into rough weather following restrictions from the Ministry of Defence, and it may invoke `force majeure' clause for two blocks.