The oil and gas sector has shown modest growth over the past year. The sector has undertaken various clean energy initiatives to reduce its carbon footprint, and the city gas distribution (CGD) sector has seen […]
The oil and gas sector in India is expanding at a fast pace owing to the significant increase in energy demand. The dilemma of energy poverty and energy sustainability, and the confusion generated by the […]
Project management, expansions and transitions are governed by digital deployment. In the oil and gas sector, a lot of uncertainties prevail regarding India’s switch to renewable auto fuels. Despite the emergence of new and sustainable […]
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 […]
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 […]
Continued policy support has strongly contributed to the growth of the oil and gas sector. Upstream initiatives have improved domestic production in the past few years. Meanwhile, the city gas distribution (CGD) network has expanded […]
The global gas industry is currently in a state of oversupply. This is good news for India which is determined to increase the share of natural gas in its energy mix and is building a […]
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. […]
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, […]
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. […]
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 […]
The year 2015-16 has been an important one for India’s oil and gas industry. […]
Burgeoning population levels and the attempt by policymakers to boost industrial production have led to an escalation in the country’s demand for energy. […]
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