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
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy






