Natural gas is steadily becoming a key energy component. With various environmental benefits, efforts are being undertaken to promote its use, with targets to raise the share of natural gas in the national energy mix […]
India has witnessed a steady rise in energy demand over the past few years. Meeting this demand in line with net zero targets while ensuring energy security has been a focus area of various stakeholders. […]
India’s oil and gas (O&G) sector is at a critical juncture, navigating the dual imperatives of energy security and sustainable growth. As one of the world’s fastest growing economies and the third-largest oil consumer, India’s […]
The global coal production stood at around 8.5 billion tonnes (bt) in 2023-24, with China leading the production at over 4,700 million tonnes (mt), followed by India at 997 mt. The percentage of coal in […]
Oil production declines even as consumption grows Oil consumption in the country has grown at a CAGR of 3.69 per cent from 2000 to 2022. However, oil production has witnessed a decline on account of […]
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’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 […]
The current oil and gas demand in the country outstrips supply by a wide margin, thus making a strong case for investment in exploration and production (E&P) as well as in infrastructure for transmission and distribution. […]
India’s demand for oil and gas is only partly met by domestic production. The country imports over 75 per cent of its crude oil requirement and 35-40 per cent of its gas needs. […]
Over the past 18 months, a global supply glut of oil along with low demand has led to a steep decline in the price of crude oil. On the one hand, this has impacted major […]
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