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HomeSector FocusOil & Gas

Oil & Gas

Oil & Gas

Pushing Production: Increasing investments in the E&P segment

July 7, 2018

India’s crude oil production fell for the sixth consecutive year in 2017-18 to 35.68 million tonnes (mt), pushing the country’s import dependence further to 82.8 per cent and dampening prospects for the government’s plan to […]

Oil & Gas

Price Movements: Supply glut, political instability and production disruptions lead to price volatility

July 6, 2018

The oil and gas industry across the globe has observed significant price volatility in recent times. Both crude oil and natural gas prices have exhibited an increase owing to factors such as administered crude oil […]

Oil & Gas

Little Progress: Gas pipeline infrastructure expanding at a slow pace

July 5, 2018

India’s natural gas consumption is expected to increase from 55 billion cubic metres (bcm) in 2016-17 to about 70 bcm by 2022 and 100-110 bcm by 2030. In order to meet this demand, several gas […]

Oil & Gas

Meeting Demand: LNG imports continue to increase

July 4, 2018

India has been witnessing a continuous growth in the imports of liquefied natural gas (LNG) over the years. This is primarily a result of the significant gap which exists between the demand for natural gas […]

Oil & Gas

New Auctions: PNGRB launches ninth CGD bidding round, revises bidding criteria

July 3, 2018

India has city gas distribution (CGD) networks in 91 geographical areas (GAs) operated by 36 firms. With 16,500 km of pipelines in operation, around 4.2 million domestic consumers and over 33,000 industrial and commercial consumers, […]

Oil & Gas

Unconventional Gas: Favourable policies to increase production

July 2, 2018

The Indian oil and gas industry is heavily dependent on imports. As per data from the Petroleum Planning and Analysis Cell, domestic crude production declined from 6 million tonnes (mt) in April-May 2017 to 5.9 […]

Oil & Gas

Bridging the Gap: Demand and supply analysis and outlook

July 1, 2018

India’s demand for crude oil has shown continuous growth over the past four years. As per data available from the Petroleum Planning and Analysis Cell (PPAC), the domestic consumption of petroleum products has grown at […]

Oil & Gas

Key Statistics: Refinery production and gas pipeline network

July 1, 2018
Oil & Gas

Key Statistics: Production trends of crude oil and natural gas

July 1, 2018

 

Oil & Gas

Expansion on the Anvil: Plans to enhance refining capacity

July 1, 2018

The country’s refining capacity has increased from a modest 62 million tonnes per annum (mtpa) in 1998 to 247.6 mtpa today, comprising 23 refineries – 18 public sector, three private sector, and two joint ventures […]

Oil & Gas

Set to Grow: An overview of the oil and gas sector

July 31, 2017

The country’s oil and gas sector is currently at an inflection point for a number of reasons. These include a host of policy measures that have been introduced in the past 12-18 months, changing supply […]

Oil & Gas

Setting the Stage: Policy initiatives and their impact on the sector

July 31, 2017

Energy security is high on the agenda of the central government. As the country’s energy mix is weighted heavily towards coal, the government has been actively promoting a shift towards more sustainable sources such as […]

Oil & Gas

New Finds: Exploration and production scenario

July 31, 2017

India’s demand for oil and gas is only partly met by domestic production. The shortfall in supply due to limited indigenous gas production is increasingly being met by liquefied natural gas (LNG) imports. The country […]

Oil & Gas

Increasing Offtake: Demand scenario and future projections

July 31, 2017

India, the third largest energy consumer in the world, is expected to grapple with even higher demand levels going forward. According to estimates by Paris-based International Energy Agency, India will be the fastest growing crude […]

Oil & Gas

Reducing the Gap: Recent developments in the LNG segment

July 31, 2017

The global liquefied natural gas (LNG) market has witnessed several key developments over the past few years, such as falling gas prices, rising LNG production and enhanced export capacities. Such developments have also impacted the […]

Oil & Gas

Bright Prospects: City gas distribution network continues to grow

July 31, 2017

The city gas distribution (CGD) segment has witnessed mixed progress in the past few years. The network has continued to grow and fresh licences have been issued at a much faster pace. However, despite several […]

Oil & Gas

Falling Prices: Domestic and import price trends for oil and gas

July 31, 2017

The oil and gas industry across the globe has observed significant volatility in prices in recent times. Both crude oil and natural gas prices have exhibited a decline owing to a huge glut in supply. […]

Oil & Gas

Stepping Up: Extensive plans to augment refining capacity

July 31, 2017

India is one the few countries in the world that has a heavy dependence on crude oil imports while also being a significant exporter of refined products. At present, the country imports 80 per cent […]

Oil & Gas

Tracking Progress: Development in gas pipeline infrastructure

July 31, 2017

Over the years, several gas operators have stepped up efforts to develop and expand their pipeline network infrastructure. This has led to the implementation of several key gas pipeline projects in the country, such as […]

Oil & Gas

Development of New Sources: CBM and shale gas could ease tight domestic supply of oil and gas

July 1, 2017

With the economy set to grow at an average rate of about 8 per cent in the next couple of years, demand for gas will continue unabated. According to estimates by ICRA, gas demand will […]

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