Oil Products

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …

Indian oil market outlook to 2030

The Report looks in-depth at how India’s role on the global oil market may evolve over the period through to 2030. It examines investment plans for the refining and petrochemical industry and how these developments may impact Indian crude and product net trade. The Report looks at energy transition trends …

Indian petroleum and natural gas statistics 2022-23

The “Indian Petroleum & Natural Gas Statistics” presents updated comprehensive statistics on various aspects of Indian Petroleum & Natural Gas sector. The data on international developments in respect of the key parameters of Petroleum and Natural Gas sector have also been captured in the publication. The Statistics presented in the …

Indian Petroleum & Natural Gas Statistics 2021-22

The "Indian Petroleum & Natural Gas Statistics" presents updated comprehensive statistics on various aspects of Indian Petroleum & Natural Gas sector. The data on international developments in respect of the key parameters of Petroleum and Natural Gas sector have also been captured in the publication. The Statistics presented in the …

Indian petroleum & natural gas statistics 2020-21

The “Indian Petroleum & Natural Gas Statistics” presents updated comprehensive statistics on various aspects of Indian Petroleum & Natural Gas sector. The data on international developments in respect of the key parameters of Petroleum and Natural Gas sector have also been captured in the publication. The Statistics presented in the …

Indian Petroleum and Natural Gas (IPNG) Statistics 2019-20

The current edition of Indian Ptroleum & Natural Gas Statistics in 54th in the series and presents comprehensive view of the Oil & Gas Sector in India. The integrated and updated database of this publication provides an objective insight into the developments over the entire gamut of India's hydrocarbon data …

Adding Fuel to the Fire : Cheap Oil during the COVID-19 Pandemic

The outbreak of COVID-19 and the wide-ranging measures needed to slow its advance triggered an unprecedented collapse in oil demand, a surge in oil inventories, and a record one-month decline in oil prices in March 2020. This paper examines the likely implications of the 2020 oil price plunge for emerging …

How limiting oil production could help California meet its climate goals

This brief examines how California could limit the production of its principal energy production -- oil -- and the resulting implications for global GHG emissions. By many measures, the U.S. State of California has put in place climate policies that stand among the world's most ambitious. But even climate leaders …

Effect of government subsidies for upstream oil infrastructure on U.S. oil production and global CO2 emissions

The United States now produces as much crude oil as ever – over 3.4 billion barrels in 2015, just shy of the 3.5 billion record set in 1970. Indeed, the U.S. has become the world’s No. 1 oil and gas producer. The oil production boom has been aided by tax …

Hydrocarbon vision 2030 for North East India

The Minister of State (IC) for Petroleum and Natural Gas released the Hydrocarbon Vision 2030 for north-east India, outlining steps to leverage the hydrocarbon sector for development of the region in Guwahati. Ministry of Petroleum and Natural gas (MoPNG) has consciously and constantly focused efforts towards making hydrocarbons a tool …

Global economic prospects 2015

Global growth again disappointed in 2014 but a lackluster recovery is underway, with increasingly divergent prospects in major economies. Looking ahead, growth is expected to rise slowly, supported by continued recovery in high-income countries and receding domestic headwinds in developing economies. Weak global trade growth and lower commodity prices are …

Report of the Comptroller and Auditor General of India on hydrocarbon production sharing contracts

The report covering the four years period from 2008-09 to 2011-12 contains the results of the performance audit on `hyderocarbon production sharing contracts' at the Ministry of Petroleum and Natural Gas and Directorate General of Hydrocarbons with respect to Blocks KG-DWN-98/3, Panna-Mukta, Tapti and RJ-ON-90/1, In addition, the results of …

Africa energy outlook: a focus on energy prospects in Sub-Saharan Africa

Sub-Saharan Africa’s energy sector can be improved to unlock a better life for its citizens. This report describes one of the most poorly understood parts of the global energy system, offers an authoritative study of its future prospects, broken down by fuel, sector and sub-region and shows how investment in …

International energy outlook 2014

World markets for petroleum and other liquid fuels have entered a period of dynamic change—in both supply and demand. Potential new supplies of oil from tight and shale resources have raised optimism for significant new sources of global liquids. The potential for growth in demand for liquid fuels is focused …

Roadmap for reduction in import dependency in the hydrocarbon sector by 2030: final report (Kelkar Committee)

This report prepared by the committee chaired by Dr. Vijay Kelkar includes a discussion of the economic foundations of Exploration and Production Contracts and an early action program drawn upon the analysis and inputs received from wide ranging consultations with stakeholders. Kelkar committee was set up by the Government of …

Report of the Comptroller and Auditor General of India on pricing mechanism of major petroleum products in central public sector oil marketing companies

This report of the Comptroller and Auditor General of India contains the results of the performance audit of pricing mechanism of major petroleum products in central public sector oil marketing companies. The audit covered the period from 2007-08 to 2011-12.

Update on overseas investments by China’s National Oil Companies: achievements and challenges since 2011

Chinese NOCs first ventured overseas to invest in oil and gas production more than 20 years ago. Today, they have emerged to become international players with activities spreading across more than 40 countries and producing 2.5 million barrels of oil equivalent per day (mboe/d) of oil and gas outside of …

India energy subsidy review: a biannual survey of energy subsidy policies

This is the first edition of the India Energy Subsidy Review, a biannual publication of the IISD’s Global Subsidies Initiative. Part One outlines economic and policy developments affecting India’s subsidized key fuel markets (diesel, liquefied petroleum gas, kerosene and natural gas), and analyses the dynamics of each market. Part Two …

Judgement of the High Court of Bombay production, sale, distribution, price control, storage, transportation etc. of petroleum products in Maharashtra, 23/12/2013

This is text of the Judgement by High Court of Bombay in the matter of Petrol Dealers Association & Anr vs State of Maharashtra & Ors dated 23/12/2013 regarding production, sale, distribution, price control, storage, transportation etc. of petroleum products in Maharashtra.

Report of the committee on roadmap for reduction in import dependency in hydrocarbon sector by 2030 (Kelkar Committee Report on Oil and Gas Exploration Contract)

The Government of India constituted this committee under the chairmanship of Dr. Vijay Kelkar to prepare a roadmap for enhancing domestic production of oil and gas and sustainable reduction in import dependency by 2030.This report includes a discussion of the economic foundations of Exploration and Production Contracts and an early …

Key world energy statistics 2013

The 2013 edition of the Key World Energy Statistics presents the most important figures on production, transformation and consumption of energy in more than 140 countries, with global and regional overviews. Key World Energy Statistics 2013 lists 16 different headline statistics for every country, from total energy supply to electricity …

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