OilMin`s interference responsible for NELP`s flop: Anil

Anil Ambani group said the OilMin interference in marketing and pricing dampened interest in NELP.

ONGC bags most blocks in lukewarm NELP round

State-run ONGC bagged over a third of the blocks in muted bidding for India`s largest ever auction of oil and gas areas -- a response the government attributed to the global slowdown and the Ambani gas dispute.

Mukesh-Anil fight to impact energy blocks auction: DGH

The global economic meltdown and the gas dispute between the Ambani brothers may trip India`s largest ever auction of oil and gas blocks as the two factors are likely to keep major foreign firms from bidding, the regulator feels.

Excellent response for auction of oil & gas blocks: Deora

Petroleum Minister Murli Deora has said the largest auction of oil and gas blocks, aimed to attract an estimated investment of USD 3-4 billion, has drawn "excellent" response from global energy majors.

NTPC to bid in NELP-VIII, scouts for partner

After winning an oil exploration
block in 2005, state-run power producer NTPC is gearing up to participate in the eighth round of auction of oil and gas exploration blocks under NELP.

Finance Commission Chairman advocates gas pricing freedom

Companies like state-run ONGC and Reliance Industries should be given freedom to fix natural gas price that move in tandem with changes in international crude oil prices, Finance Commission Chairman Vijay Kelkar has said.

India relaunches largest auction of oil, gas areas

India today relaunched its largest
ever auction of oil and gas exploration areas, aiming to
attract USD 3-4 billion investment towards boosting energy