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BP STATISTICAL REVIEW
Cabinet approves MoU between India, Guyana on cooperation in hydrocarbonsThe Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the signing of a Memorandum of Understanding (MoU) between the Min...
Extreme heat fast becoming a threat to global fuel securityAs the world makes its efforts to lessen its dependency on fossil fuels, the rise in weather-driven refinery disruptions focuses on the sur...
India's solar boom reverses gas momentum, cements coal use: MaguireBut while the pace of India's solar rollout has been impressive, the advances have come mainly at the expense of natural gas - they have ha...
Morgan Stanley says Indian economy to witness strong recovery post-Covid but warns of inflation riskMorgan Stanley projects India’s GDP growth at 7.8 per cent in 2022-23 (Apr-Mar) and 7.2 per cent the following fiscal year.
United States became fourth-largest crude oil supplier to India in 2020: ReportThe US supply accounted for about 5% of India’s total imports of 204 million tonnes in the year, a big jump for the country which had start...
India 2nd biggest driver of global energy consumption in 2019: BP Statistical ReviewThe increase in energy consumption was driven by renewables and natural gas, which together contributed three quarters of the expansion. Al...
Donald Trump's India visit: Deal likely for more US oil, gas to trim trade gapUS trade deficit with India declined to $17 billion in 2018-19 from $22 billion in 2016-17 as India started importing oil and gas from Amer...
Oil CEOs seek reforms, promise big investmentsUnion ministers Dharmendra Pradhan and RK Singh were present at the meeting, along with senior officials from Niti Aayog, the Prime Ministe...
India to become the fastest oil consumer by 2035India, Asia's second-biggest energy consumer since 2008, had in 2015 overtaken Japan as the world's third-largest oil consuming country beh...
India beats Japan in oil use, only next to US, ChinaGrowth was well above recent historical averages in the US (1.6 per cent) and the EU (1.5 per cent) while Japan recorded the largest declin...
India beats major economies with 7.1 per cent growth in energy demand: ReportIn contrast, China's growth in consumption slowed to its lowest level since 1998 as its economy swung away from energy-intensive sectors.
US becomes world's biggest oil producer in 2014, surpasses Saudi ArabiaIn 2014, the US beat Saudi Arabia in oil production, while India recorded the highest growth in energy consumption among major economies.
British Petroleum appoints Spencer Dale as new Group Chief EconomistBP said , Dale will be responsible for advising the company Board and executive team on economic drivers and trends in global energy.
India logs largest decline in gas production, consumptionNatural gas production in the country fell a massive 16.3 per cent to 33.7 billion cubic meters from 40.3 bcm in the previous year.
Income transfers, not subsidies, will prevent energy poverty: Christof Ruhl, BPWe estimate increments of unconventional non-OPEC supply will account for all of the net growth in global oil production over this decade.
- Kuwait sets biggest renewable-energy goal in Gulf to free crude for export
Sun-drenched Kuwait has set the most ambitious target for using renewable energy in the Gulf region.
- ONGC plans to invest $5 bn to develop gas fields to boost output by 60%
Oil & Natural Gas Corporation plans to spend $5 billion to develop gas fields to boost output by almost 60% in six years, two people with d...
- Energy biggies shrug off Ambani shadow on NELP
Global energy majors will take investments decision based on the prospectivity of Indian sedimentary basins and the country's competitive b...
- BP says world's proved oil reserves fell in 2008
The world's proved oil reserves fell in 2008, the first drop in a decade, oil company BP PLC said Wednesday.
- UAE's oil reserves to last 92 years: report
The UAE's oil reserves of 97.8 billion barrels, which make 7.9 per cent of the world's total stocks, would last 92 years at current product...