At eight bids for seven oil blocks, the government is a shock

The bidding process for seven oil blocks in the northern region of the country saw only eight bids come in before the closing bell of the bidding process was rung. These blocks are located in Rajasthan, Madhya Pradesh, and the West Bengal region in the country.

The Director-General of Hydrocarbons (DGH) in a statement said that the state-owned Oil & Natural Gas Corporation (ONGC) bid for all seven blocks while Oil India Limited (....