September 23, 2019: Even as India's domestic crude and gas  production stagnated, production overseas by Indian PSUs continued to rise in the last two fiscal years. But their share in the overall production is down so far this fiscal. So is the case domestic production. Click column Special Database for details.

September 20, 2019: More than a decade since the government of India announced its Ethanol Blending Program (EBP) with petrol. The target raised and reversed, but no appreciable progress. Of late, with various incentives including attractive prices, the program has made some progress. Click column Alternate Fuel for details.

September 10, 2019 | Rash Of Scandals: When Negotiators Scupper India’s Interests: Indian authorities seem keen to re-negotiate the price of long term LNG. Petroleum minister Dharmendra Pradhan and Petronet LNG’s CEO Prabhat Singh hinted at the possibility of renegotiation but did not indicate when discussion will start. One must admit that one cannot go out and renegotiate a long-term contract in a jiffy. But equally, one cannot wait interminably to do so either. The present slide in LNG price is not a sudden development and the country’s energy experts ought to have awoken to the emergent situation when there was clear evidence of a demand-supply mismatch. Price of spot LNG in Asia slipped below $4/mmBtu against $12.5/mmBtu last year. India has an appalling record in negotiating long term LNG deals. Not that Indians are fools who can be taken for a ride. In retrospect, it appears that the ‘bungling’ has been deliberate. Click Free Access column Petro Intelligence to read an exciting story.