Oil and gas stocks witnessed strong buying interest after ONGC and Reliance Industries signed a landmark resource-sharing agreement for deepwater offshore exploration on India’s east coast. The pact, announced at India Energy Week 2026, aims to improve operational efficiency through shared access to infrastructure, pipelines, manpower and exploration resources on a cost-to-cost basis. The move follows recent policy reforms under the Oilfield Regulation and Development Amendment Act, encouraging
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