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Dart Energy to exit India
Dart Energy will wind up its India operations by November 2015.The main reason behind the decision is tough working conditions in India. Dart joins the list of over half-a-dozen exploration companies like the Italy´s Eni SpA, Australia´s Santos, the UK-based Foresight Group, BHP Billiton Petroleum, Canada´s GeoGlobal Resources, Norway´s Statoil ASA
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Will the black magic work again
Sample this. Coal India, the much-reviled public sector coal behemoth, produced 462 mt of coal last year, with all the much-publicised legacy problems that it faces. The top seven global (private sector) mining giants together produced around 700 mt of coal last year (see Coal output by global players). And all of India´s private players produced a mere 50 mt of coal in 2014.
E-Auction, Coal Blocks, Coal India, PSU Coal, Mining Giants, Asheesh Sharma, MAHAGENCO, Anil Razdan, P Umashankar, JV, BHP Billiton, Shenhua Energy, Glencore Xtrata, Rio Tinto, Carborough Downs
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OilMin seeks easier nod for licences
The Ministry of Petroleum and Natural Gas is taking precautionary measures to ensure companies do not give up oil and gas exploration blocks after the next round of New Exploration Licensing Policy (Nelp) bidding. Recently, mining giant BHP Billiton had surrendered nine of its oil and gas blocks in India because it was not getting defence ministry clearances.
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OilMin seeks easier nod for licences
The Ministry of Petroleum and Natural Gas is taking precautionary measures to ensure companies do not give up oil and gas exploration blocks after the next round of New Exploration Licensing Policy (Nelp) bidding. Recently, mining giant BHP Billiton had surrendered nine of its oil and gas blocks in India because it was not getting defence ministry clearances.
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