India courts foreign investors
The government is seeking to revitalise the country’s upstream through a variety of reforms, says Petroleum Secretary Pankaj Jain
India’s dependence on imported hydrocarbons is becoming an ever-growing political and strategic concern as the country’s economic expansion boosts its energy demand. Part of the solution is to unlock more of its domestic production potential, but progress has been frustratingly slow. Pankaj Jain, petroleum secretary in India’s Ministry of Petroleum and Natural Gas, recently spoke to Petroleum Economist in Houston—where the minister was on a roadshow aimed at attracting international E&P investors—about New Delhi’s plans for the oil and gas sector, including stimulating domestic output.What measures are the Indian government taking to reverse the recent trend of declining domestic oil and
Also in this section
28 March 2024
The country’s largest gas field is a bright spot for the North Sea, boasting cleaner operations amid a changing mood in Europe over hydrocarbons
28 March 2024
Whether OPEC+ starts to unwind its oil production cuts from June will depend on heavily debated unfolding supply-demand balances
28 March 2024
As a gas supply shortfall looms, balancing regulatory flexibility with energy security and investor confidence will be critical
27 March 2024
Oil producers have to untangle the increasingly complicated relationship with their natural resources