International Firms Skip Bidding For Oil Exploration Auctions
Pumping units, stand silhouetted against the sun at an oil plant operated by Moravske Naftove Doly (MND) AS in Damborice, Czech Republic. (Photographer: Martin Divisek/Bloomberg)

International Firms Skip Bidding For Oil Exploration Auctions

A key initiative of the Narendra Modi-led administration to cut India’s oil import bill met with a lackluster response from international private firms today.Overseas oil explorers did not even mak...
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