Oil & Gas

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 […]

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 […]

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 […]

The introduction of the Open Acreage Licensing Policy (OALP) has been one of the biggest policy developments in the oil and gas sector in the past year. Introduced in July 2017, this new policy replaces […]

A merger of the existing 11 government-owned oil companies was proposed by the Ministry of Finance in Union Budget 2017-18. In the budget speech, the ministry proposed the creation of an integrated public sector oil […]

The consumption of petroleum products has grown incrementally in India with domestic production failing to keep pace with demand. This has led to a massive spike in imports. Taking cognisance of the very high import dependence, […]

India’s oil and gas sector is at a crucial juncture at present. This is owing to a number of factors such as the introduction of key (long- awaited) policies, changing supply dynamics, government plans to […]

The past year has been quite eventful for the oil and gas sector. With several policy moves, the government set the stage to revive activity in the space. Indian Infrastructure briefly examines some key developments […]

The Indian oil and gas sector is navigating its way through the challenging global scenario marked by low crude prices. New policies have been announced to create a business environment conducive to fresh investments. In […]

As global crude prices remained benign over the past year, the government was proactive in fixing the issues that continued to impact the oil and gas sector. The past 12-18 months have been marked by […]