Government introduces new petroleum and natural gas rules
pre-market1 source ↓written by the desknot a recommendation
- 30 years
- been increased
- ₹25 lakh
- for ongoing breaches
- ₹10 lakh per day
The government has implemented the Petroleum and Natural Gas Rules, 2025, aimed at attracting investment and enhancing ease of doing business in the sector. Key changes include a single petroleum lease covering all hydrocarbons and lease tenures of up to 30 years. Financial penalties for violations have been increased to ₹25 lakh, plus ₹10 lakh per day for ongoing breaches.
This regulatory overhaul is expected to boost operational efficiency and investment in the oil and gas sector, potentially lifting market sentiment.
Not investment advice. For informational purposes only.