OilAndGas Archives - Universal Group Of Institutions

13Mar 2025

UGI USER
EnergyNews EnergyReforms EnergySector GovernmentPolicy IndiaParliament NaturalResources OilAndGas OilfieldsAmendmentBill PolicyUpdate Sustainability
7
0

Parliament Passes Oilfields Amendment Bill 2024 for Energy Sector

Why in the News? The Oilfields (Regulation and Development) Amendment Bill, 2024 has been passed by Parliament, expanding the definition of mineral oils. It aims to enhance energy security, while opposition parties raise concerns over rising imports and declining domestic production. Key Provisions of the Bill: The Oilfields (Regulation and Development) Amendment Bill, 2024 has …

13Feb 2025

UGI USER
CurrentAffairs EconomicGrowth EnergySecurity EnergyTrade EnergyTransition Geopolitics GlobalAlliances GS3 IndiaEconomy IndiaInvestments MakeInIndia OilAndGas RenewableEnergy SustainableDevelopment TradePolicies UPSC2025
7
0

Impact of India’s Economic Policies and Global Alliances on Energy Trade

Economic Implications: The Pros and Cons India-US Energy Trade: Benefits and Challenges Pros: 1. Energy Security & Diversification – Reducing dependency on a single region ensures uninterrupted supply and mitigates risks from geopolitical tensions. 2. Reduced Price Volatility – US oil imports help buffer India from OPEC+ production cuts that often cause sharp price fluctuations. …

Tag

Parliament Passes Oilfields Amendment Bill 2024 for Energy Sector

Impact of India’s Economic Policies and Global Alliances on Energy Trade