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Project News Details

Title:

India cuts royalty burden on oil and gas producers in push for domestic output

Detail:

India's Centre has lowered royalty rates for crude oil and natural gas production. This move aims to encourage more domestic exploration and production. Deepwater and ultra-deepwater fields will see significant royalty reductions. New policies offer zero royalty for initial years in these challenging areas.

Country:

India

Source:

ET Energy World

Published Date:

11.05.2026

URL:

View Original URL

Regions:

Asia SAARC Countries South Asia

Sectors:

Non-Renewable Energy Oil and Gas Printing and Publishing Construction Energy-Power and Electrical Computer Hardwares and Consumables Petroleum Products

Project News Details

Title	India cuts royalty burden on oil and gas producers in push for domestic output
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Detail	India's Centre has lowered royalty rates for crude oil and natural gas production. This move aims to encourage more domestic exploration and production. Deepwater and ultra-deepwater fields will see significant royalty reductions. New policies offer zero royalty for initial years in these challenging areas.
Country	India
Source	ET Energy World
Regions	Asia SAARC Countries South Asia
Sectors	Non-Renewable Energy Oil and Gas Printing and Publishing Construction Energy-Power and Electrical Computer Hardwares and Consumables Petroleum Products
Published Date	11.05.2026
Original Url	Original Url
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Title
India cuts royalty burden on oil and gas producers in push for domestic output
Detail
India's Centre has lowered royalty rates for crude oil and natural gas production. This move aims to encourage more domestic exploration and production. Deepwater and ultra-deepwater fields will see significant royalty reductions. New policies offer zero royalty for initial years in these challenging areas.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Non-Renewable Energy Oil and Gas Printing and Publishing Construction Energy-Power and Electrical Computer Hardwares and Consumables Petroleum Products
Published Date
11.05.2026
Original Url
View Original Url
Share

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India cuts royalty burden on oil and gas producers in push for domestic output

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