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The Union Cabinet has approved the Hydrocarbon Exploration and Licensing Policy (HELP). Four main facets of this policy are: uniform license for exploration and production of all forms of hydrocarbon, an open acreage policy Easy to administer revenue sharing model and Marketing and pricing freedom for the crude oil and natural gas produced. The decision will enhance domestic ..
Government appoints Rajiv Nayan Choubey, a senior bureaucrat,1981batch IAS officer of Tamil Nadu cadre, as Director General, Directorate General of Hydrocarbons (DGH). He will be the first bureaucrat to head the highly technical arm of the Oil Ministry, which has been blemished in controversies for the past few years. Earlier, Mr.Choubey has served as Development ..
What are these roadshows? Minister of State for Petroleum Jitin Prasad was recently in North America for shows in tour for promotion & atttraction of investment in India;s petroleum assets. Rounds of auction are held. Here is a summary of recent road shows held at various places. Mr. Prasad held road shows in Calgary in ..