The Oil & Gas sector forms the backbone of global energy supply, covering exploration, production, refining, and distribution of petroleum and natural gas. This sub-category examines industry structure, refining economics, market dynamics, and the role of hydrocarbons in powering economies.
Crack spread is the key metric that determines refinery profitability in the oil & gas sector. This article explains how crude oil is transformed into value, how refining margins are calculated, and why crack spread matters for investors, students, and policymakers.
Crack Spread Explained: The Key to Refinery Profitability in Oil & Gas Read More »
Key Policy Details In a resolution dated 08 Nov 2019, the MoPNG issued new guidelines for authorisation to market transportation fuels (motor spirit – petrol, and high speed diesel) to be used in both retail and bulk business. Press Information Bureau+2The Economic Times+2 Under these guidelines, for retail authorisation, an entity must have a minimum net worth of ₹250 crore for retail-only business (or ₹500 crore if both bulk and retail). Press Information Bureau+1 The entity must commit to establishing at least 100 retail outlets of which 5 % must be in notified remote areas within five years. Press Information Bureau+1 Additionally, authorised outlets must within three years of operation offer one or more alternate-fuel infrastructure (e.g., CNG, LNG, biofuels, EV charging) at the retail site. Press Information Bureau+1 News reports indicate the government is currently reviewing these norms and may further ease them to attract more players into the fuel-retail space.
The Government of India’s policies for setting up fuel retail outlets Read More »
India’s petroleum retailing and distribution sector forms the final link in the oil and gas value chain. Explore fuel marketing, LPG networks, logistics infrastructure, challenges, and the evolving future of petroleum distribution in India.
Crude exploration and production form the foundation of India’s energy sector. This article explains upstream processes, key players, challenges, and the future outlook of oil and gas production in India.
Crude Exploration & Production in India Read More »
Crude refining transforms raw oil into essential fuels and petrochemical products. This article explains refining processes, India’s refinery capacity, key players, and the economics of the downstream oil industry.
Crude Refining & Processing Explained: From Oil to Fuels and Petrochemicals Read More »