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News
Production Sharing Contract
Production Sharing Contract News
Cairn India
07 Nov 2016
Cairn India PSC extension: HC directs govt to decide within 2 months
Delhi High Court Monday directed the government to positively take a decision within two months regarding extension of a production sharing contract (PSC) it has with Cairn India, a subsidiary of UK-based Vedanta group, to produce oil from a Rajasthan block till 2020.
ONGC
05 Apr 2016
ONGC gets green nod for Rs 350-cr drilling project in Gujarat
State-owned ONGC has received green nod for its Rs 350-crore project of drilling 22 exploratory wells in NELP-9 blocks located at Banaskantha, Gandhinagar and Ahmedabad districts of Gujarat.
Oil Ministry
26 Apr 2015
Oil Ministry rejects RIL arbitration notice, terms it 'untenable'
The ministry held that the move is in accordance with the provisions of the contract and there's no dispute that needs to be arbitrated upon.
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