Government seeks bids for 46 oil and gas fields
India is auctioning 46 oil and gas fields (26 on land, 18 offshore in shallow water and two in deep water), the Oil Ministry said in a newspaper advertisement on Tuesday. This is the first such sale since 2010. This comes after the government, in March, approved a new hydrocarbon policy for exploring energy reserves valued at ₹2.61 lakh crore.