Latest Open Acreage Licensing Programme News & Updates

New Delhi, Jan 14 (IANS) Minister of Petroleum and Natural Gas Hardeep Singh Puri announced on Wednesday that in a major development, India’s oil companies have struck oil in an onshore hydrocarbon block in Abu Dhabi. The discovery was made by Urja Bharat PTE Ltd (UBPL), a 50:50 JV between India’s energy Maharatna Indian Oil Corporation and Bharat PetroResources Ltd (BPCL). The successful discovery of light crude oil in both the Shilaif play (XN 76) and the Habshan reservoir (XN 79 02S) mark…

New Delhi, Dec 30 (IANS) Petroleum and Natural Gas Minister Hardeeep Singh Puri on Tuesday highlighted the economic reforms being undertaken by the Narendra Modi government, which are paving the way for ease of business and future growth.”The quieter work of governance, the steady, week after week clearing of bottlenecks – this cumulative push is what I mean by Reform Express 2025,” the minister remarked in a post on X.He said that in an uncertain world where political churn has become the norm,…