Hydrocarbon exploration Current Affairs, GK & News

India attended East Asia Summit: Ha Noi Declaration adopted

India was represented by the External Affairs minister S Jaishankar at the East Asia Summit. The summit adopted Ha Noi Declaration. Key highlights The minister expressed concerns over eroding trust in the South China sea region. He also highlighted the importance of adhering to international sea laws and respecting sovereignty and integrity. China claims sovereignty ..




Hydrocarbon Exploration and Licensing Policy (HELP)

The Union Cabinet has approved the Hydrocarbon Exploration and Licensing Policy (HELP). Four main facets of this policy are: uniform license for exploration and production of all forms of hydrocarbon, an open acreage policy Easy to administer revenue sharing model and Marketing and pricing freedom for the crude oil and natural gas produced. The decision will enhance domestic ..