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HomeOil & Gas

Oil & Gas

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

Industry Speak

“Technology deployment no longer remains a choice”: Views of Bharat Petroleum Corporation Limited’s R.R. Ghalsasi

October 1, 2023

Project management, expansions and transitions are governed by digital deployment. In the oil and gas sector, a lot of uncertainties prevail regarding India’s switch to renewable auto fuels. Despite the emergence of new and sustainable […]

Oil & Gas

Integrating Technology: Data-driven digital strategies being adopted by oil and gas majors

October 1, 2023

Digital transformation is becoming a major driving force behind environmental changes. The oil and gas sector has been instrumental in facilitating economic change, both at the national and international levels; however, in comparison to ot­her […]

City Gas Distribution

Innovative Initiatives: Increasing focus by IGL on automating and digitalising its operations

September 9, 2023

The city gas distribution (CGD) sector is working towards the adoption of automation and advanced technologies to lower costs, improve operational efficiency and ena­ble real-time monitoring. To this end, Indra­pra­stha Gas Limited (IGL) has implemented […]

Oil & Gas

Demand Upswing: Efforts to rein in imports and expand domestic oil and gas capacity

August 22, 2023

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 […]

Oil & Gas

Energy Transition Roadmap: Towards a gas-based economy

August 22, 2023

The Government of India has a vision to inc­rease the share of natural gas in the prima­ry energy mix from 6 per cent to 15 per cent by 2030. The objective is to diversify primary […]

Oil & Gas

Key Statistics: Crude oil imports and refining capacity

August 22, 2023

Significant rise in oil imports Crude oil imports have grown at a CAGR of 5.34 per cent from 2000-01 to 2022-23. Imports have surpassed pre-pandemic levels, constituting 87 per cent of the country’s total imports […]

Oil & Gas

Key Statistics: Oil and gas production and consumption trends

August 22, 2023

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 […]

Oil & Gas

Positive Prospects: Policy support fuels sector growth

August 22, 2023

Continued policy support has strongly contributed to the growth of the oil and gas sector. Upstream initiatives have improved domestic production in the past few years. Meanwhile, the city gas distribution (CGD) network has expanded […]

Perspectives

Interview with Dr Anil Kumar Jain: “Gas will displace liquid fuels in the next three to four years and increase its share in the energy mix”

August 22, 2023

India is currently the third largest energy consumer in the world. Of late, the volatility in oil and gas prices has impacted sector growth. However, the government’s focus on city gas distribution (CGD) infrastructure, changes […]

Oil & Gas

The Journey So Far: Timeline of events over the past 25 years

August 22, 2023
Oil & Gas

Towards Energy Security: Indian E&P at a turning point

July 28, 2023

The demand for oil and gas in India currently exceeds the supply by a huge margin. To bridge this gap between demand and supply, India has resorted to importing oil and gas. To this end, […]

Oil & Gas

Network Expansion: Progress in the CGD sector

July 28, 2023

The share of natural gas in the energy basket stood at 6.5 per cent in April 2023. The government is working towards increasing this to 15 per cent by 2030. While this is lower than […]

Oil & Gas

Scope for Growth: LNG market trends, recent developments and future plans

July 28, 2023

Despite the liquefied natural gas (LNG) market being constrained for the past two to three years, India has maintained its position as the world’s fourth-largest buy­er of LNG, after Japan, South Korea and China. The market […]

Oil & Gas

Maximising Operational Efficiency: Digitalisation initiatives in the oil and gas sector

July 28, 2023

Digital transformation has revolutionised the oil and gas sector in the past few ye­ars. Recent digital initiatives include advanced analytics platforms for process unit optimisation and asset performance, big data integration technology and services, pervasive […]

Oil & Gas

Views of Hardip Singh Rai: “THINK Gas is at the forefront of adopting the latest technologies”

May 29, 2023

“THINK Gas is at the forefront of adopting the latest technologies” THINK Gas was established in 2018 with the aim of supplying clean fuel to consumers. It has adopted global best practices in safety, processes, […]

Oil & Gas

Forward March: Policy initiatives drive CGD infrastructure growth

May 29, 2023

The share of natural gas in the energy mix peaked in 2010-11 to about 9.4 per cent with the commencement of gas production from the KG-D6 basin. At present, it fluctuates between 6 per cent […]

City Gas Distribution

Gas Priority: Perspectives on CGD network growth and key opportunities

April 28, 2023

Over the past few years, the city gas distribution (CGD) network in India has witnessed steady growth in terms of infrastructure development. The government aims to increase the share of natural gas in the primary […]

Oil & Gas

Gas Trading Exchange: Price Discovery, Volumes Traded and Future Plans

February 10, 2023

by Deepak Mehta, Head, Business Development, Indian Gas Exchange 

Industry Speak

Deepening the Market: Gas exchanges could be a game changer in the CGD sector’s growth

February 3, 2023

The downstream city gas distribution (CGD) business has gained significant mo­mentum, focused on improving the availability of compressed natural gas (CNG) for the transport sector and piped natural gas (PNG) for the domestic, industrial and […]

Oil & Gas

Digital Moves: Technology as an enabler for the CGD business

January 31, 2023

Natural gas has a huge role to play in the world economy. India has set a target of raising the share of natural gas in its energy mix to 15 per cent by 2030, from the current […]

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