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Indian oil and gas market to grow at CAGR of 5.20 percent

According to the report by Mordor Intelligence, as of 2024, the market size stands at an estimated 38.12 billion cubic meters, with projections indicating a rise to 49.12 billion cubic meters…

IGX trading falls 80 percent due to high costs, extended winter

The Indian Gas Exchange (IGX) trading fell by 80% yearly due to rising gas costs and a longer winter, which reduced gas-based power consumption. The Indian Gas Exchange (IGX) traded…

ONGC commences first oil production from deep-water in Krishna Godavari basin 

Production is expected to be 45,000 barrels per day and over 10 million cubic metres of gas per day, contributing towards an energy goals.

India and Iraq strengthen energy partnership and bilateral collaboration

The 18th JCM concluded with the signing of a protocol between India and Iraq, further solidifying their bilateral ties. The Indian government recently hosted the 18th India-Iraq Joint Commission Meeting…

India to achieve 20 percent ethanol blending in petrol by 2025

The four pillars of India’s energy security strategy include supply diversification, increased exploration and production, alternative energy sources, and energy transition via a gas-based economy, green hydrogen, etc. India has…

Shapoorji Pallonji Oil & Gas now produces hydrocarbon

Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G), India’s leading FPSO specialist, has achieved a significant milestone with the “hook-up” of its FPSO Armada Sterling V at the KG…

Monitoring the potential energy supply disruptions amid global tensions

Government is closely monitoring the fallout and the following impacts of the critical changes in the geopolitical situations. Government of India is closely monitoring global energy markets as well as…

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EPR eMagazine June 2024
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