Trends and Outlook: Declining global crude prices but domestic production needs attention
The past year, marked by declining international crude prices, has been a blessing for net energy importing countries such as India. […]
Demand Upswing: Efforts to rein in imports and expand domestic oil and gas capacity
The hydrocarbon sector is vital in keeping India’s economic growth engine running. Domestic crude oil consumption has increased from 174.5 million tonnes (mt) in FY 2013 to 247.8 mt in FY 2023, growing at a […]