Oil Field Amendment Bill Will Be Game-Changer For Oil And Gas Explorations, Production In India

The recent passage of the Oilfields (Regulation and Development) Amendment Bill, 2024, marks a pivotal moment for India’s oil and gas sector, with the potential to significantly enhance exploration and production activities.Approved by the Lok Sabha on March 12, 2025, this bill aims to modernize the regulatory framework established by the Oilfields Act of 1948. Its primary objective is to attract
The recent passage of the Oilfields (Regulation and Development) Amendment Bill, 2024, marks a pivotal moment for India’s oil and gas sector, with the potential to significantly enhance exploration and production activities.Approved by the Lok Sabha on March 12, 2025, this bill aims to modernize the regulatory framework established by the Oilfields Act of 1948. Its primary objective is to attract
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