Articles for tag: Declining, Demand, Fuel, Global, Growth, ONGC, Overseas, Pivots, Prioritizing, Projects, Renewable, Securing, Sustainable, Transitions, Videsh

Amid declining global fuel demand, ONGC Videsh pivots to securing overseas projects, prioritizing renewable transitions for sustainable growth.

ONGC Videsh, India’s leading overseas oil and gas company, is strategically focusing on acquiring stakes in producing assets abroad as global demand for refined fuels is expected to decline due to the shift towards renewable energy. According to Anupam Agarwal, the company’s head of finance, long-term exploration projects are not a priority, and efforts are ...