Sensex
82,164.78 profit arw 379.04 (0.46%)
Nifty
25,179.55 profit arw 110.35 (0.44%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 30-Jul-2025
Economy - Reports
30-Jul-2025     11:57

India witnessing renewed surge in oil and gas exploration says Petroleum Minister

The Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri has stated that India is witnessing a renewed surge in oil and gas exploration, particularly in offshore regions, underscoring the country's vast untapped hydrocarbon potential. He noted that the opening of nearly one million square kilometres of erstwhile 'No-Go' offshore areas in 2022 has been a landmark development. This move has unlocked significant exploration frontiers, especially in deepwater and frontier regions such as the Andaman-Nicobar (AN) offshore basin, and has been instrumental in triggering the current momentum in offshore activity. Since 2015, Exploration and Production (E&P) companies operating in India have reported 172 hydrocarbon discoveries, including 62 in offshore areas.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

82,164.78 379.04 (0.46%)

Nifty

25,179.55 110.35 (0.44%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

26,446.57 58.40(0.22%)