India seeks energy innovation to reduce heavy oil-import dependence

India

First seen: Sep 8, 2026, 4:02 PM UTCUpdated: Sep 8, 2026, 5:16 PM UTC

WHAT HAPPENED

India's state oil company chief says innovation is needed to reduce the country's 88% dependence on imported oil. The report identifies a major structural energy vulnerability but no immediate disruption.

SO WHAT?

India's import exposure leaves its economy and energy security sensitive to global oil prices and supply shocks.

FOR ME

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COVERAGE

Reports behind this event

aninews.inen

India needs energy innovation to reduce 88% oil import dependence: ONGC chief

Sep 8, 2026, 5:16 PM UTC

economictimes.indiatimes.comen

India needs energy innovation to reduce 88% oil import dependence: ONGC chief

Sep 8, 2026, 4:46 PM UTC

news.webindia123.comen

India needs energy innovation to reduce 88% oil import dependence: ONGC chief

Sep 8, 2026, 4:02 PM UTC