The Oil & Gas section covers the key trends and developments in the oil and natural gas segments; recent policy developments; update on Discovered Small Fields, CGD bidding rounds, NELP rounds, etc.
Ministry of Petroleum and Natural Gas, natural gas, crude oil production, consumption, DGH, PNGRB, NELP, HELP, OALP, sedimentary basin, Discovered Small Fields, LNG, R-LNG, LNG imports
To meet the ever-expanding energy requirements, the role of natural gas is becoming increasingly important. In the coming years, it is poised to become even more crucial as the Petroleum and Natural Gas Regulatory Board […]
The share of natural gas in India’s primary energy mix has hovered at around 7 per cent in the past couple of years. The rapid increase in domestic energy consumption has resulted in rising imports […]
Natural gas and renewables have gained significant traction as alternative sources of energy in the past few years. Countries have made a concerted effort to increase the share of these alternative sources in their primary […]
Over the past year, the global liquefied natural gas (LNG) market has witnessed several key developments, such as rising LNG production, enhanced export capacities and unstable gas prices. Global LNG supply increased by about 26 […]
The current demand for oil and gas in the country outstrips supply by a wide margin. To bridge this gap between demand and supply, India has resorted to importing crude oil. In 2017-18, over 45 […]
The city gas distribution (CGD) sector has grown at a steady pace over the past few years on the back of increased sales of compressed natural gas (CNG) and piped natural gas (PNG) in the […]
The city gas distribution (CGD) sector has shown significant progress in the past six months. The government has taken several initiatives to attract investments in the sector and expedite the process of granting authorisations. The […]
The Indian oil and gas sector has come a long way from being a newly liberalised market in the mid-1990s to becoming one of the key industries in the country and a major refinery hub […]
In the past year or so, the Ministry of Petroleum and Natural Gas (MoPNG) has introduced a number of policies and reforms aimed at increasing domestic output. Approved by the government in September 2015, the […]
The state of Gujarat has always played an important role in the gas sector. Gujarat’s transmission pipeline infrastructure is the most extensive in the country. It also has the largest city gas distribution network in […]
In order to achieve long-term energy supply goals, the Indian government has renewed its emphasis on affordability, sustainability, lower emissions and security of energy, drawing attention towards renewable energy sources and natural gas. The government, […]
Gokul Chaudhri, Partner, Deloitte Touche Tohmatsu India LLP E&P of hydrocarbons: The evolving landscape in India During its 20-year journey, Indian Infrastructure has been witness to several milestones that define the evolution of the upstream […]
Production for crude oil and natural gas started to decline after 2011-12 due to a significant fall in production from the Krishna Godavari basin Consumption of crude oil in India has shown a constant increase […]
India’s import dependency on crude oil has constantly increased and was reported at 82.8 per cent in 2017-18. LNG imports have also shown a continuous growth and were 45 per cent of the total natural […]
The coal bed methane (CBM) industry is poised for significant growth supported by strong policy support and pricing freedom. The cabinet recently issued a notification which allowed Coal India Limited (CIL) and its subsidiaries to […]
With the aim of providing liquefied petroleum gas (LPG) connections to 80 million below poverty line (BPL) households, the central government launched the Pradhan Mantri Ujjwala Yojana (PMUY) in May 2016. The scheme, which is […]
With the economy expanding at a rapid pace, the demand for energy has shown a significant increase, catapulting India to the position of the third largest energy consumer in the world after China and the […]
According to the Ministry of Petroleum and Natural Gas (MoPNG), India will need crude oil refining capacity of 439 million tonnes per annum (mtpa) by 2030 and 533 mtpa by 2040 to meet domestic demand. […]
The share of natural gas in India’s energy mix is likely to move closer to the target of 15 per cent from the current 7 per cent, as policy initiatives translate into progress on the […]
