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India is seeking bids through a special upstream bidding round for two discovered small oil and gas fields located in the Mumbai offshore region and one coal-bed methane (CBM) gas field in West Bengal.
India Energy Week: This investment aligns with the company's growth trajectory, having experienced an annual production growth rate of 4.5-5% in recent years.
Exclusive for Subscribers from Monday to Friday: Why women's participation in MGNREGA and Female Labour Force Participation Rate are relevant to the UPSC Exam? What significance do topics like India’s oil import from Russia, procedure of Spectrum allocation in India and Chemical tanker MV Chem Pluto have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for December 26, 2023.
Exclusive for Subscribers from Monday to Friday: Why Pakistan’s new anti-migrant crackdown and UN’s position on migrants, refugees and asylum seekers are relevant to the UPSC Exam? What significance do topics like Houthi rebels, Apple threat notification, President of India and Southern peninsula of India have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for November 1, 2023.
Of the eight blocks up for auction, three are in the Cauvery basin, two each in Saurashtra and Assam Shelf and one in the Cambay basin. While 6 blocks are spread over Category-I basins, the other two are in Category-II