Hydrocarbon Policy News - Latest Updates & Headlines
Oil Field amendment bill will be game-changer for oil and gas explorations, production in India
New Delhi, March 20: The Oilfield (Regulatory and Development) Amendment Bill, 2024 passed by Parliament last week will be a game changer for the exploration and production of oil and gas in India. The bill intends to reform the legal framework and meet the current needs and market conditions to make the sector attractive for investors.
Govt launches 10th bidding round for Oil and gas assets under OALP at India Energy Summit
New Delhi, February 11: Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Tuesday launched the 10th round of bidding for Oil and Gas under the Open Acreage Licencing Policy (OALP) at the India Energy Summit 2025.