Reliance oil deals with Kurdistan illegal: Iraqi Oil Minister
21 Nov 2008, 1501 hrs IST

Iraq has dubbed as "illegal" the contracts signed by Reliance Industries' for two oil blocks in Kurdistan saying companies signing oil deals with Kurdistan Regional Government cannot bid for lucrative oilfields

Govt clears NELP-7 bids; Cairn trips 
21 Nov 2008, 0000 hrs IST

The Cabinet Committee on Economic Affairs (CCEA) has rejected provisional shortlisting of Cairn Energy India, as the winning bidder for the Mumbai basin deepwater block under the seventh round of New Exploration Licensing Policy (NELP-VII), due to the unattractive profit-sharing offer.