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Explore the key highlights of India's new Oilfields (Regulation and Development) Amendment Bill, 2024, and its potential impact on the petroleum industry. Union Minister Hardeep Singh Puri envisions India as a global powerhouse in oil and gas exploration. This video explains:
Changes in mineral oil definitions
The introduction of petroleum leases
Expansion of regulatory powers
Decriminalization of offences
The opening of no-go areas for exploration
How will these amendments reduce import dependency and attract investments? Tune in to learn how India plans to revolutionize its energy sector

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