HELP NEWS

Vedanta Cairn is reaching a final stage in securing 41 hydrocarbon blocks, under the Open Acreage Licensing Policy (OALP). The awards were reportedly given based on the recommendations of an Empowered Committee of Secretaries (ECS). Furthermore, ECS will award these blocks to the Anil Agarwal-led firm, nine to public-sector Oil India and two to ONGC. No foreign oil company bid for the first round of OALP.