Categories: BUSINESS

India’s oil demand growth fastest in world, unfettered by green push: BP

India’s oil demand is set to surge by over 68% to 9.1 million barrels per day by 2050, driven by robust economic growth, making it the fastest-growing energy market globally. BP forecasts natural gas consumption will also more than double. Fossil fuels will persist alongside renewables, with coal’s share varying significantly based on climate action.
Sumitra

Recent Posts

South Korea crosses $4 trillion market cap as Kospi storms past record 6,600

South Korea's stock market has hit an unprecedented high, surpassing 6,000 trillion won in total…

5 hours ago

How India benefits from ‘once-in-a-generation’ trade deal with New Zealand – 0% tariffs, visas for professionals, $20 billion investment

India and New Zealand have signed a 'once-in-a-generation' trade pact, granting Indian exporters duty-free access…

5 hours ago

Dialling back time: Why US kids are ditching smartphones for a $100 landline

A new landline-style device called the Tin Can is gaining popularity as families and schools…

1 day ago

India’s wheat outlook: Production stable despite challenges, says government

India's agriculture ministry anticipates stable wheat production for the 2025-26 crop year, despite localized weather…

1 day ago

Drill, sanction, control: Inside the oil economics driving Trump 2.0

US President Trump's second term prioritizes oil, leveraging energy dominance for global influence. Campaign funding…

2 days ago

RBL Bank net profit up 234% at Rs 230 crore

RBL Bank's net profit surged by a remarkable 234% to Rs 230 crore in the…

2 days ago