Shillong: India must strengthen domestic oil exploration and technological capabilities to safeguard its energy security at a time when geopolitical tensions and disruptions to global supply chains are increasingly affecting energy flows and prices, a senior Oil India Limited (OIL) official has said.
Speaking at the Shillong curtain raiser of India Energy Week (IEW) 2027 on Monday, Oil India Limited Director (Finance) Abhijit Majumder said the global energy industry was "at a turning point", with demographic growth, rising energy demand, geopolitical tensions and economic development putting increasing pressure on energy security.
