{"id":531509,"date":"2022-10-25T11:41:08","date_gmt":"2022-10-25T06:11:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=531509"},"modified":"2022-10-25T11:41:08","modified_gmt":"2022-10-25T06:11:08","slug":"india-unveils-new-blocks-for-oil-exploration-an-analysis","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-unveils-new-blocks-for-oil-exploration-an-analysis\/","title":{"rendered":"India unveils new blocks for oil exploration. An analysis"},"content":{"rendered":"<p>In order to decrease the rising burden of oil imports, India recently opened up bidding for 26 blocks for oil exploration in India. India currently imports 85 per cent of country&#8217;s oil requirements, and plans to reduce its dependence on imported crude oil by at least 10 per cent in the coming years.<\/p>\n<p>Under the HELP policy, the government has re-modeled the hydrocarbon licensing policies to make E&amp;P investment commercially attractive with incentives like no category- basis revenue sharing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In order to decrease the rising burden of oil imports, India recently opened up bidding for 26 blocks for oil exploration in India. India currently imports 85 per cent of country&#8217;s oil requirements, and plans to reduce its dependence on imported crude oil by at least 10 per cent in the coming years. Under the HELP policy, the government has re-modeled the hydrocarbon licensing policies to make E&amp;P investment commercially attractive with incentives like no category- basis revenue sharing.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-531509","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/531509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=531509"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/531509\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=531509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=531509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=531509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}