Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Nigeria in upstream charm offensive
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
Indian refiners prove their adaptability
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
Letter from Saudi Arabia: Big oil meets big shovel
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
Venezuela mismanaged its oil, and US shale benefitted
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
Outlook 2026: Peru 2026 – A confident step into a new energy era
The South American country offers stable, transparent and high-potential opportunities and is now ready for fresh exploration and partnership
Outlook 2026: A new chapter for Namibia – Building an energy future with purpose
The country’s hydrocarbon resources offer a strategic and social opportunity that could see it becoming a leading light in Africa
Outlook 2026: Renewal and growth in Nigeria’s upstream sector
Government reforms are restoring investor confidence in the country’s oil and gas industry
Outlook 2026: Angola’s upstream transformation and the role of independents
The country is focused on boosting output and offers a winning combination of stability, a reforming government, an established industry and vast untapped reserves
Outlook 2026: Forging Africa’s energy future – The evolution of the Cabora Bassa project
The African energy landscape is undergoing a profound transformation
Venezuela’s true oil potential
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
Indian Prime Minister Narendra Modi speaking at India Energy Week
Opinion
India Upstream
Gurmeet Singh,
Director-General of FIPI
12 February 2024
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

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
The 25th WPC Energy Congress: Executive and Technical Programme Overview
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
Local roots, global impact: Siemens Energy’s role in Saudi Arabia
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
Eni: Charting a distinct strategy in LNG and beyond
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
A transitional year for gas markets in Europe and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search