According to data from the Petroleum Planning and Analysis Cell, India’s petroleum product exports increased slightly by 1.5% to 47.5 million tonnes between April and December, from 46.8 million tonnes during the same period. Motor spirit, pet coke, and fuel oil shipments were the main drivers of the increase in exports. However, shipments of petroleum…
The oil and gas industry has demonstrated remarkable growth and endurance during the previous three years. Between October 2021 and October 2024, the NSE 200 gained 46%, while the Nifty Oil & Gas index returned 47%. Several government initiatives to increase production and strengthen the economy have benefited the upstream oil and gas industry. Oil-linked…
According to a senior finance ministry official, the Centre will likely provide the state-run fuel dealers an extra sum totaling about Rs. 20,000 crores – over the Rs. 5,800 crores allocated – to make up for the under-recoveries on cooking gas in the current fiscal year. This indicates that gasoline subsidies, which were reduced to…
GECF firmly believes that natural gas, through its abundant, affordable, and clean hydrocarbons, plays a key role in energy conversion, while supporting progress in many sustainable development dimensions, including the protection of ecosystems, human health, and the economy. The Gas Exporting Countries (GECF), a government-coalition partnership of 19 of the world’s leading gas producers, represents…
