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. […]
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 […]
The proposal to merge state-owned oil and gas public sector units (PSUs), which was first mooted 12 years ago, has caught the interest of the government once more, following its mention in Union Budget 2017-18. […]
With the objective of promoting clean fuel use in the country, city gas distribution (CGD) networks were accorded public utility status in 2016. This allows the entities to increase the coverage of their networks, comprising […]
India’s high dependence on crude imports is well known. However, the country is among the key exporters of refined petroleum products globally. With domestic crude oil production at 900,000 barrels per day (bpd), far less […]
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