Indian Prime Minister Narendra Modi speaking at India Energy Week
Letter from India: Oil and gas crucial to future energy security
Krishna-Godavari Basin success underscores importance of drive towards energy independence amid an ‘all-hands’ approach
In January, Oil and Natural Gas Corporation (ONGC), a major energy player in India, announced the start of oil production from its flagship deepwater project in the Krishna-Godavari Basin. The innovative initiative, which promises to catapult ONGC's total oil and gas production by 11% and 15% respectively, reflects a constant and leading priority for India’s public and private sector: energy security and independence. During a public address at India Energy Week in February, Indian Prime Minister Narendra Modi celebrated the deepwater project as a “a remarkable step in India’s energy journey”. First oil production was similarly applauded by Hardeep Singh Puri, union minister for petroleum an
Also in this section
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
