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India Discovers New Hydrocarbons

Indian state-run explorer Oil and Natural Gas Corp has found oil and gas in two of its exploration blocks around India's eastern coast, the company said in a statement

India Discovers New Hydrocarbons

It struck oil and gas in an onshore block in the Cauvery basin, and gas in an offshore block in the Krishna-Godavari basin, ONGC notified the regulator Directorate General of Hydrocarbons.

The company did not give details of the potential reserves in the statement issued late on Friday.


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