Auction for oil blocks faces delay
The government is likely to delay the next round of auctions for oil and gas blocks by at least six months because of the global recession and fall in international crude prices. For full story, click here
Articles Tagged "delay"
Falling crude, credit turmoil may delay NELP VIII bidding
Bidding for oil exploration blocks in India is likely to see huge delays with most oil companies hesitant to pump in money into such risky ventures. For full story, click here
MRPL says refinery project delayed
Mangalore Refinery & Petrochemicals Ltd said its plans to expand refining capacity would be delayed by more than a year to October 2011 due to adverse market conditions and high costs. For full story, click here
Oil output behind target due to RIL’s delay: Govt
India has failed to meet its planned production target for oil and gas in August and September due to Reliance Industries’ (RIL) delay in commercial production at its prosperous Krishna Godavari basin. For full story, click here
