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India must be able to quickly attract global oil firms: Rystad Energy CEO
India's energy future hinges on decarbonising electricity first, boosting oil and gas exploration, and weighing nuclear SMRs against cheaper renewables
Sluggish participation by foreign companies lowers oil revenue estimates
The budget estimates revenue collection from the Petroleum sector at Rs 14,922 crore
India E&P projects remain insulated from commodity price fluctuation
The industry is now focusing on reducing the cost side and has brought about a change in the model, said industry experts
