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 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, […]
A review of activity across various segments of the economy confirms that there is a recovery in progress, but the recovery is uneven. Some sectors are now performing better than they did during the pre-pandemic […]
India has retained its place as the third-largest consumer of oil in the world. Over the past one year, there has been considerable… […]
The oil and gas sector plays a predominant role in the energy mix. Notwithstanding the Covid pandemic, India’s energy sector, including the oil and gas sector, has bounced back. Energy demand has almost recovered to […]
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 […]
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 […]
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