India rationalizes royalties on crude oil and gas, offers zero royalty for seven years on deepwater and ultra deepwater DSF and HELP blocks to cut costs ....
Confronted with the country’s heavy reliance on imported oil, the Marcos administration is seeking challengers for petroleum exploration in the Bicol Shelf Basin....
... oil and gas resources but must accelerate exploration to reduce reliance on imports, an industry leader said on Tuesday ... SADC urged to accelerate oil, gas exploration to curb import dependence.