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Indian energy minister Hardeep Singh Puri at India Energy Week 2025
Opinion
India Downstream Gas Supply and demand Upstream
Paul Hickin,
Editor-in-chief
New Delhi
17 February 2025
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Letter from India: Fast-tracking a global all-energy approach

The thrum of the government’s comprehensive energy internationalism could be seen in the flurry of deals and partnerships at India Energy Week amid a mission to meet the economy’s insatiable appetite

India is fast becoming the world’s most important energy consumer. The emphatic and unapologetic message resonating from India Energy Week (IEW) in Delhi was that the government is creating the ideal conditions for companies to drill, pump, blow, burn and transform as many sources of energy as possible. The oil and gas sector is its beating heart. The world’s most populous nation is set to drive around 25% of global oil demand growth over the next two decades. The country already consumes more than 5.5m b/d of oil, and an expanding city-dwelling population will see that growth accelerate—especially in petrochemicals. India's refining capacity now stands at 256.8mt, making it the fourth-large

Also in this section
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23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
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23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
Letter from Saudi Arabia: Big oil meets big shovel
Opinion
22 January 2026
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
Turkey locks in more Azeri gas
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub

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