IEF: India's Hydrocarbon Balance: Securing Barrels
India currently imports about 85% of its crude oil demand. To curb its dependence on imports the Indian government has taken multiple steps to increase upstream investment, including offering open acreage through regular bid rounds. Upstream capex strategies of India’s national oil companies were geared to pursue production growth. In recent years, Indian NOCs also pursued the “go out” strategy through multiple acquisitions globally to diversify supply sources and grow their reserves. What strategies are necessary for India to offset decline in domestic production and reduce import dependence for oil and gas? How can production from mature fields be increased using new state of the art technologies? What changes are necessary in India’s hydrocarbon regulations to attract international investments when many companies are cutting their oil/gas capex? Which countries and regions offer the best opportunities for India to secure its hydrocarbon supply? Speakers John Ardill, Vice President, Exploration & New Ventures Frontier, Upstream Business Development, ExxonMobil Dr. C. Laxma Reddy, Directorate General of Hydrocarbons, Additional Director General (Exploration) Prachur Sah, Chief Executive Officer, Cairn Oil & Gas, Vedanta Limited Chair Nick Sharma, Director, Upstream Research & Analysis, IHS Markit
Play video IEF: Creating Resilience to Climate Change: Lessons from the pandemic
IEF: Creating Resilience to Climate Change: Lessons from the pandemic
(2021) What lessons can we take from the pandemic to build back better? What are opportunities for industry & governments to improve resilience to climate change? What is a sustainable path of growth for India to grow its economy and meet climate goa
Play video IEF: Energy Transition in the Era of Climate Change
IEF: Energy Transition in the Era of Climate Change
(2021) The current transition is being driven by a plethora of regional policies & regulations which are not well coordinated. How can policymakers & companies collaborate better for a more orderly transition? How will the transition be financed?
Play video IEF: Achieving Global and India Renewables Goals
IEF: Achieving Global and India Renewables Goals
(2021) Net-zero targets by governments & corporations offer significant upside potential to the growth of renewables. What policies are needed to achieve higher renewables penetration? What technology developments will reduce costs?
Play video IEF: India Leadership Dialogue with Patrick Pouyanné
IEF: India Leadership Dialogue with Patrick Pouyanné
(2021) In June 2021, Total rebranded to TotalEnergies to reflect its transformation to a multi-energy company in support of the energy transition. What role is India playing in its new strategy? What does the post-COP26 energy landscape look like?
Play video IEF: Leadership Dialogue with Bernard Looney
IEF: Leadership Dialogue with Bernard Looney
(2021) Between now and 2050 bp estimates that India alone could account for 90% of the total growth in global energy demand. What role is India playing in bp’s transition from an international oil company to a broader integrated energy company?
Play video IEF: Indian Leadership Dialogue
IEF: Indian Leadership Dialogue
(2021) Leaders from across India’s value chain of energy explore how industry is innovating and investing to meet the economic growth and development needs of the country.