{"id":660419,"date":"2026-05-12T11:28:19","date_gmt":"2026-05-12T05:58:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=660419"},"modified":"2026-05-12T11:28:19","modified_gmt":"2026-05-12T05:58:19","slug":"oil-gas-royalty-rejig-what-govt-big-upstream-reform-means","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-gas-royalty-rejig-what-govt-big-upstream-reform-means\/","title":{"rendered":"Oil &amp; gas royalty rejig: What govt big upstream reform means"},"content":{"rendered":"<p>NEW DELHI: The government announced the rationalisation of royalty rates and methodologies for crude oil, natural gas and casing head condensate (a light hydrocarbon liquid obtained during gas production), in a move aimed at simplifying regulations and boosting India\u2019s upstream energy sector.<\/p>\n<p>Union petroleum and natural gas minister Hardeep Singh Puri said the decision would bring greater clarity and consistency to India\u2019s oil and gas regime.<br \/>\nSharing a post on X, Puri said, &#8220;In a big boost for the country\u2019s Upstream Sector, rationalisation of royalty under the ORD Act marks a new era for our Oil &amp; Gas regimes by eliminating inconsistencies and driving growth in the upstream sector under the leadership of PM Narendra Modi.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The government announced the rationalisation of royalty rates and methodologies for crude oil, natural gas and casing head condensate (a light hydrocarbon liquid obtained during gas production), in a move aimed at simplifying regulations and boosting India\u2019s upstream energy sector. Union petroleum and natural gas minister Hardeep Singh Puri said the decision would bring greater clarity and consistency to India\u2019s oil and gas regime. Sharing a post on X, Puri said, &#8220;In a big boost for the country\u2019s Upstream Sector, rationalisation of royalty under the ORD Act marks a new era for our Oil &amp; Gas regimes by [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-660419","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660419","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=660419"}],"version-history":[{"count":1,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660419\/revisions"}],"predecessor-version":[{"id":660420,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/660419\/revisions\/660420"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=660419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=660419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=660419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}