Stricter monitoring for Indian oil and gas companies

June 6, 2017

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The Indian government has announced the appointment of two ‘super’ committees to monitor the operations of national oil, gas exploration and production (E&P) companies.
The committees, which will be above the level of the national oil companies’ boards, will be able to force State-owned exploration and production companies to relinquish fields and subsequently put them up for fresh auctions.

Category: General