Key Statistics: Oil and gas production and consumption trends
Oil production declines even as consumption grows Oil consumption in the country has grown at a CAGR of 3.69 per cent from 2000 to 2022. However, oil production has witnessed a decline on account of […]
Pushing Production: Increasing investments in the E&P segment
India’s crude oil production fell for the sixth consecutive year in 2017-18 to 35.68 million tonnes (mt), pushing the country’s import dependence further to 82.8 per cent and dampening prospects for the government’s plan to […]