Centre Seeks Over $1 Billion Investment With New Oil Block Auction

INSUBCONTINENT EXCLUSIVE:
to companies on Tuesday under new rules for auctions of oil and gas fields, oil minister Dharmendra Pradhan said.The government awarded 32
blocks in the latest two exploration licensing rounds called the open acreage licensing policy (OALP), which allows companies to carve out
any area they want to drill.State-owned Oil India Ltd bagged 12 blocks followed by private resources major Vedanta Ltd with 10
A consortium of Reliance Industries Ltd and BP Plc got one.Get Breaking news, live coverage, and Latest News from India and around the world
on TheIndianSubcontinent.com
Catch all the Live TV action on TheIndianSubcontinent 24x7 and TheIndianSubcontinent India
Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.