Oil India Limited Signs Special CBM Block Revenue Sharing Contract – October 19, 2026 🔹 Oil India Limited (OIL) signed the Revenue Sharing Contract (RSC) for the Special Coal Bed Methane (CBM) Block SR-ONHP-(CBM)-2026/1 on October 15, 2026, marking a landmark return to CBM exploration to bolster national energy security. 🔹 The signing ceremony was graced by Minister of Petroleum and Natural Gas Shri Hardeep Singh Puri, MoP&NG Secretary Dr. Neeraj Mittal, and DGH Director General Shri V. Ponnuraj, with OIL represented by Director (Operations) Shri Trailukya Borgohain. 🔹 The newly acquired block spans 272.14 square kilometers within the strategic Singrauli Coalfield region. 🔹 Geological surveys indicate promising potential, featuring expected coal seam depths of 600 to 800 meters and an average seam thickness of approximately 40 meters. #OilIndia #OIL #CBM #EnergySecurity #Singrauli #OilAndGas #PublicSector #IndianStockMarket #StockMarketIndia #Equities
Markets TodayShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.