Open Acreage Licensing Policy
Wheat acreage till Nov 18 up 15% YoY, record open market prices spur sowing
Centre refutes the assertion of artificial shortage of fertilisers in country
 "Wheat acreage till Nov 18 up 15% YoY, record open market prices spur sowing")
Govt offers 42 hydrocarbon blocks for exploration and development
As many as 26 mainly offshore oil and gas blocks and 16 coal bed methane blocks have been notified for international bidding as India aims to quickly increase the area under exploration
 "Govt offers 42 hydrocarbon blocks for exploration and development")
Paddy acreage deficit goes down from 15% to 6% in a span of 14 days
The saving grace is that unlike wheat, rice stocks in the central pool are much higher than required
 "Paddy acreage deficit goes down from 15% to 6% in a span of 14 days")
ExxonMobil, ONGC to bid jointly for upcoming auction rounds under OALP
Will identify areas for exploration in deepwater on east and west coasts of India
 "ExxonMobil, ONGC to bid jointly for upcoming auction rounds under OALP")
Covid-19: Cairn invokes force majeure on exploration; seeks relief in OALP
The company wants an extension of timelines for the blocks it won under the Open Acreage Licensing Policy (OALP) rounds
 "Covid-19: Cairn invokes force majeure on exploration; seeks relief in OALP")
India's ambitious oil, gas production target faces environmental roadblock
A few companies who got blocks under DSF-I are considering surrender of their blocks too as they are left with only three months to start production
 "India's ambitious oil, gas production target faces environmental roadblock")
3rd round of oil, gas auction under OALP launched; 23 blocks up for bidding
It is expected that OALP round-III would generate immediate exploration work commitment of around $600-700 mn
 "3rd round of oil, gas auction under OALP launched; 23 blocks up for bidding")
3rd OALP round for oil, gas exploration launched; 23 blocks up for bidding
The third round of bidding is expected to generate up to $700 million, the government said
 "3rd OALP round for oil, gas exploration launched; 23 blocks up for bidding")
Vedanta gets 41 oil blocks out of 55 in first round of open acreage auction
The current round was in the news owing to ONGC's non-aggressive bidding strategy
 "Vedanta gets 41 oil blocks out of 55 in first round of open acreage auction")
Vedanta bags 41 oil blocks, OIL 9, ONGC 2 in maiden open acreage auction
Neither local giant Reliance Industries nor any foreign company participated in the auction
 "Vedanta bags 41 oil blocks, OIL 9, ONGC 2 in maiden open acreage auction")
Modi government extends Open Acreage Licensing Policy deadline to May 2
At least 12 companies are likely to participate in the bidding, in which 55 blocks will go under the hammer
 "Modi government extends Open Acreage Licensing Policy deadline to May 2")
Unified licensing will be gamechanger in OAL: DGH Atanu Chakraborty
The govt has already got the majority of the clearances required for the current round of auctions
 "Unified licensing will be gamechanger in OAL: DGH Atanu Chakraborty")
Second round of OALP auctions to start in May
Bidding stage of the first round of auctions is set to kick off next week
 "Second round of OALP auctions to start in May")
