Performance-based contracts in E&P They enhance innovation   

There is a certain inevitability in the movement by oil and gas companies towards using performance-based contracts (PBCs). PBCs underline the output, outcome and quality of the product or service rather than prescribing how it is delivered or which resources to use Such contracts tie up at least a portion of the external partner’s payment …

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Is CNG a better option for India-I: More flexible than LNG

Is CNG a better option for India that LNG? Given that CNG infrastructure is easy to set up, and it has a better delivery infrastructure in India than LNG, some global companies are exploring the possibility of setting up large scale CNG import facilities along the coast line. What is important to note is that …

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Indian refiners face an uncertain future-I: The world is changing rapidly

It is now official. One of the world's largest research agencies has said that increasing adoption of electric vehicles will begin to tell on oil refining, retail fuel and lubricants demand sooner than was anticipated earlier. What is more, oil companies are beginning to underestimate how the confluence of multiple forces outside the oil and …

Continue reading Indian refiners face an uncertain future-I: The world is changing rapidly