India’s demand for crude oil has shown continuous growth over the past four years. As per data available from the Petroleum Planning and Analysis Cell (PPAC), the domestic consumption of petroleum products has grown at […]
The country’s refining capacity has increased from a modest 62 million tonnes per annum (mtpa) in 1998 to 247.6 mtpa today, comprising 23 refineries – 18 public sector, three private sector, and two joint ventures […]
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 […]
Energy security is high on the agenda of the central government. As the country’s energy mix is weighted heavily towards coal, the government has been actively promoting a shift towards more sustainable sources such as […]
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 […]
India, the third largest energy consumer in the world, is expected to grapple with even higher demand levels going forward. According to estimates by Paris-based International Energy Agency, India will be the fastest growing crude […]
The global liquefied natural gas (LNG) market has witnessed several key developments over the past few years, such as falling gas prices, rising LNG production and enhanced export capacities. Such developments have also impacted the […]
The city gas distribution (CGD) segment has witnessed mixed progress in the past few years. The network has continued to grow and fresh licences have been issued at a much faster pace. However, despite several […]
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. […]
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 […]
Over the years, several gas operators have stepped up efforts to develop and expand their pipeline network infrastructure. This has led to the implementation of several key gas pipeline projects in the country, such as […]
With the economy set to grow at an average rate of about 8 per cent in the next couple of years, demand for gas will continue unabated. According to estimates by ICRA, gas demand will […]
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. […]
The government is all set to increase exploration activity and accelerate the development of oil and gas fields in the country through favourable policies and reforms in the exploration and production (E&P) of hydrocarbons. […]
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. […]
Gas is increasingly gaining share in India’s energy basket. Currently, the resource accounts for about 8 per cent of the country’s overall energy mix. […]
The hydrocarbons sector in the country follows a dual pricing strategy comprising regulated pricing as well as market-based mechanisms. […]
India, one of the highest energy consuming countries in the world, is expected to grapple with even higher demand levels going forward. […]
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