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Petroleum Act draft: Licence breaches may no longer be criminal, but repeat violations could cost ₹5 crore

The draft Petroleum (Amendment) Bill, 2026 proposes decriminalising licence breaches, with civil penalties of up to ₹2.5 crore for a first violation and ₹5 crore for repeat breaches, while tougher punishment is proposed for serious offences.

Petroleum Act draft: Licence breaches may no longer be criminal, but repeat violations could cost ₹5 crore

We haven't written up this one. Live Mint has the full story — the link below goes straight to it.

Read the original at livemint.com →

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