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
20 June 2025
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
20 June 2025
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
19 June 2025
Geopolitical uncertainty casts a pall over expectations around demand, supply, investment and spare capacity
19 June 2025
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat
