{"id":443782,"date":"2021-10-21T08:41:53","date_gmt":"2021-10-21T03:11:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=443782"},"modified":"2021-10-21T09:06:48","modified_gmt":"2021-10-21T03:36:48","slug":"pm-modi-meets-global-oil-executives-urges-to-boost-local-production","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pm-modi-meets-global-oil-executives-urges-to-boost-local-production\/","title":{"rendered":"PM Modi meets global oil executives, urges to boost local production"},"content":{"rendered":"<p>India wants to increase domestic oil and gas production after it has undertaken reforms in the sector to attract investment. This comes at a time when the country&#8217;s crude oil import bill has zoomed over 3x, compared with 2020-21 when oil prices breached $85 per barrel.<\/p>\n<p>Prime Minister Narendra Modi on Wednesday met around 30 senior executives from global oil majors and urged them to boost India&#8217;s local production.<\/p>\n<p>An official statement said the interaction was attended by industry leaders, including Igor Ivanovich Sechin, chairman and chief executive officer (CEO), Rosneft, Amin H Nasser, president and CEO, Saudi Aramco, Bernard Looney, CEO, BP, Olivier Le Peuch, CEO, Schlumberger, Mukesh Ambani, chairman and managing director, Reliance Industries, and Anil Agarwal, chairman, Vedanta, among others.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India wants to increase domestic oil and gas production after it has undertaken reforms in the sector to attract investment. This comes at a time when the country&#8217;s crude oil import bill has zoomed over 3x, compared with 2020-21 when oil prices breached $85 per barrel. Prime Minister Narendra Modi on Wednesday met around 30 senior executives from global oil majors and urged them to boost India&#8217;s local production. An official statement said the interaction was attended by industry leaders, including Igor Ivanovich Sechin, chairman and chief executive officer (CEO), Rosneft, Amin H Nasser, president and CEO, Saudi Aramco, Bernard [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-443782","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/443782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=443782"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/443782\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=443782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=443782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=443782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}