Gas prices in India typically depend on where the gas is sourced from. While prices of imported gas in liquefied form depend on the terms of the contract or the prevailing spot market dynamics, prices […]
Over the past year, India’s oil and gas sector has witnessed a number of noteworthy developments in terms of simplified regulations for ease of operations. These include the introduction of the Hydrocarbon Exploration and Licensing […]
India sources about 6 per cent of its energy from natural gas, as against the world average of about 25 per cent, signifying the immense scope for market expansion. However, the dependence on imports for […]
The country’s primary energy basket is dominated by coal and oil that have a combined share of about 86 per cent. In contrast, the share of gas in the energy mix is only about 6 […]
Adoption of information technology (IT) and operational technology (OT) solutions has been a trend in the oil and gas sector for the past four-five years now. New and innovative technologies and digital solutions are being […]
The year 2018-19 witnessed significant efforts by the government to drive investments in the oil and gas sector. It was marked by the government’s decision to hike natural gas prices for the fourth consecutive time […]
India’s energy consumption, which is the third highest in the world, is expected to grow at more than 4 per cent annually and will nearly triple to 607 million tonnes (mt) by the year 2040. […]
During the period 2014-19, India’s crude oil consumption witnessed an increasing trend. As per the latest data available from the Petroleum Planning and Analysis Cell (PPAC), the domestic consumption of petroleum products grew at a […]
The declining trend in the country’s crude oil production has continued with output falling by more than 4 per cent in 2018-19. Import dependence for crude oil to meet the rising energy needs increased to […]
The oil and gas industry worldwide has witnessed volatility over the past decade and has changed in four fundamental ways – domination of US oil production, uncertainty over the clout of the Organization of the Petroleum […]
The government is working towards transforming India into a gas-based economy and has set an ambitious target of raising the share of gas in the primary energy mix from 6 per cent in 2018 to […]
The demand for natural gas in India far exceeds domestic supply. To cater to the unmet demand, the country relies on imports of liquefied natural gas (LNG). The share of LNG in total natural gas […]
A watershed year in the country’s city gas distribution (CGD) segment, 2018-19 witnessed a large number of geographical areas (GAs) being awarded in Rounds 9 and 10 of bidding. Both the rounds received overwhelming response […]
In the past couple of years, the oil and gas sector has taken big steps towards information technology (IT) deployment. IT is increasingly being identified as a strategic tool for improving operational efficiency and minimising […]
The country’s refinery production, in terms of crude oil processed, stood at 257.2 million tonnes (mt) in 2018-19, 2.09 per cent higher than the production in 2017-18. Refinery output for crude oil increased by 3.1 […]
The Indian economy is the world’s third largest economy (in terms of purchasing power parity), growing at an average rate of 7 per cent per annum. The country is also the third largest energy consumer […]
India has seen a continuous growth in the consumption of petroleum products. However, domestic production has failed to keep pace with this growth in demand. This has led to a massive spike in imports. Taking […]
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE