The oil and gas sector plays a key role in meeting the country’s energy needs. However, India, one of the largest consumers of crude oil, is heavily dependent on imports, which exposes the economy to […]
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 […]
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, […]
India has retained its place as the third-largest consumer of oil in the world. Over the past one year, there has been considerable… […]
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 […]
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 […]
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 […]
Today, the story of the global oil and gas industry vis-à-vis India’s is a paradoxical one. Amidst dwindling demand and robust supplies, the international hydrocarbon industry is throwing up difficult economic choices for each country, […]
In India, technology penetration in mine planning and operations continues to be lower than that in many leading economies. However, the country’s mining industry is heading towards a technology-driven optimisation process and envisages the use […]
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