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New Oil Field Amendment Bill has made small oil fields investor-friendly
Updated : 11 months, 4 weeks ago IST
The amendment of Oil Field Amendment Bill 2024, brings relaxed regulations, allowing 100 per cent foreign participation, greater exploration flexibility, and improved financial terms in line with India's Hydrocarbon Exploration and Licensing Policy (HELP).
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Oil Field amendment bill will be game-changer for oil and gas explorations
Updated : 11 months, 4 weeks ago IST
The bill is aimed at fulfilling the vision of Viksit Bharat by 2047 by reducing import dependency in the sector. It will play a key role in ensuring India's energy availability, accessibility, affordability and security for the country and its people.
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