India Set to Launch New Oil and Gas Bid Rounds

India plans to launch new oil and gas licensing rounds as early as this week, Oil Minister Hardeep Puri said on Monday, as the world’s third-largest crude oil importer looks to boost its domestic hydrocarbon supply. Puri also said that energy will likely be a topic of discussion between U.S. President Donald Trump and Indian Prime Minister Narendra Modi at a meeting scheduled for later this week. “I will be surprised if sourcing of energy will not figure during the discussion,” Puri commented, as carried by Reuters. India’s…