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Petroleum minister Hardeep Singh Puri said the move reflects a renewed push to unlock domestic resources. "With OALP Round-XI now live, we unlock vast frontiers beneath our land and seas -- powering growth, resilience, and self-reliance," he said. India on Monday opened up 21 oil and gas blocks covering 80,228 square kilometres under a fresh exploration round, even as state-run Oil And Natural Gas Corporation has started gas production from a key offshore project, marking a twin push to boost d ...Read More >
Mumbai (India), October 30, 2025: Mumbai (India), October 30, 2025: Reliance Industries Limited (RIL), through its subsidiary Reliance Intelligence Limited, has entered into a broad strategic partnership with Google to fast-track the adoption of Artificial Intelligence (AI) across India. The collaboration aims to empower consumers, enterprises, and developers by aligning with Reliance's AI for All mission -- a vision to make advanced intelligence tools accessible to every Indian. This alliance ...Read More >
Mumbai: Mahanagar Gas Limited (MGL), one of India's leading City Gas Distribution companies, and Oil India Limited (OIL), a Maharatna public sector enterprise with integrated capabilities across the oil and gas value chain, have signed a Memorandum of Understanding (MoU) to explore collaboration opportunities in the LNG and clean energy sectors. Partnership for a Greener Future The MoU was signed on October 6, 2025, by the VP (BD, BIS, Commercial & STU), MGL, and the ED (BD), OIL, in the prese ...Read More >
Oil India Limited (OIL) has reported a significant natural gas occurrence in its second exploratory well, Vijayapuram-2, within the Andaman Shallow Offshore Block. Preliminary testing confirmed the gas presence, marking a crucial milestone in India's exploration efforts and the first hydrocarbon find in this campaign. Oil India Limited (OIL), a Maharatna company under the Ministry of Petroleum and Natural Gas, on Friday, reported the occurrence of natural gas in its second exploratory well dril ...Read More >
Chennai, Aug 25 (UNI) Taking exception to the State Environmental Impact Assessment Authority (SEIAA) granting permission for ONGC for oil and gas exploration in Ramanathauram district, the Tamil Nadu government today said it would never allow any hydrocarbon project in the state and that Chief Minister M K Stalin was firm on it. The government has also directed the SEIAA to withdraw the clearance granted to the ONGC for digging wells for hydrocarbon exploration, soon after it came to its ...Read More >
The event has brought together energy ministers from various states, top government officials, and industry leaders from the oil and gas sectorSource : pexel Minister of Petroleum and Natural Gas, Hardeep Singh Puri, on Thursday said that he expects the new round of hydrocarbon exploration being launched in India to strike several big Guyana-sized oilfields, particularly in the Andaman Sea. We will drill and explore for more hydrocarbons in an area of more than 2,00,000 sq km under OALP (Open ...Read More >
New Delhi, July 9 (SocialNews.XYZ) As one of the world's largest offshore energy exploration efforts, India is set to explore more than 2.5 lakh square kms area under the Open Acreage Licensing Programme (OALP) Round X, Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said on Wednesday. "We are ready! For entering a new era of energy... In the field of oil and gas exploration and production, there are no longer obstacles, only possibilities," the minister said in a post on X. In this ...Read More >
New Delhi: The Centre has decided to scrap the windfall tax, a levy imposed on local production of crude oil and exports of petrol, diesel and jet fuel, at a time of subdued oil prices. A decision to this effect has been taken at the top level in the government, and the finance ministry may shortly issue an order, two people familiar with the development said. Windfall tax was imposed in 2022, as a surge in oil prices to multi-year highs in the wake of the Russia-Ukraine war allowed oil and ga ...Read More >
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