Latest Bidding Rounds News & Updates

New Delhi, Dec 29 (IANS) Petroleum and Natural Gas Minister Hardeep Singh Puri said on Monday that with the offering of 50 new blocks to investors for exploration and production of oil and gas, India’s energy sector has reached “a transformative milestone”.The minister further stated that while 25 of these blocks are being offered under the 10th round of the oil exploration and licensing policy (OALP-X), another 55 fields across 9 contract blocks are being offered under the fourth bidding round …