World oil and gas demand could grow until 2050, IEA says

November 12, 2025 11:43 AM

World oil and gas demand could grow until 2050, IEA says

Global oil and gas demand could grow until 2050, the International Energy Agency said on Wednesday, departing from its previous expectations of a speedy transition to cleaner fuels and predicting that the world will likely fail to achieve climate goals. The IEA, the West's energy security watchdog, has been under pressure from the U.S. for a shift in recent years toward a focus on clean energy policies as President Donald Trump called on American companies to further expand oil and gas producti...

India sees renewed surge in oil and gas exploration, focus on Andaman deepwater region: Hardeep Puri

July 29, 2025 4:23 PM

India sees renewed surge in oil and gas exploration, focus on Andaman deepwater region: Hardeep Puri

India is witnessing a significant resurgence in oil and gas exploration activity, particularly in offshore and frontier regions, with the Andaman-Nicobar basin emerging as a new focal point of national and global interest. In a written reply to Rajya Sabha on Tuesday, Union Petroleum and Natural Gas Minister Hardeep Singh Puri attributed the momentum to landmark policy reforms, strategic seismic surveys, and a bold new approach to frontier exploration. A key turning point, according to the Mini...

An overview of Iran’s main gas field and oil infrastructure

June 16, 2025 2:06 PM

An overview of Iran’s main gas field and oil infrastructure

Israel struck an installation at Iran's South Pars gas field on Saturday, the first attack on Iran's oil and gas sector as part of what the Israeli government had warned would be a prolonged operation to prevent Tehran from building an atomic weapon. Iran has partially suspended gas production from the South Pars field, Iran's portion of the world's largest natural gas reserve, which lies beneath the Gulf and is shared with major gas exporter Qatar. Israel also struck a Tehran fuel depot and a...