Sambit Mohanty

India could deepen energy ties with Venezuela beyond crude imports: Rubio ▪️Scope to expand India's upstream investments in Venezuela ▪️India, US target over $500B in bilateral trade in three years ▪️US crude can help India diversify energy sources: Rubio okt.to/EIkP3R

India-US energy ties in spotlight as Rubio visits amid weaker US crude flows ▪️Rubio, Jaishankar to discuss energy, other issues Oct. 20 ▪️Rubio to visit Jamnagar amid higher Venezuelan crude flows ▪️Jan-Oct average US crude flows down 43%: CAS okt.to/T2O3cW

In this bonus episode of the Platts Oil Markets podcast, @heysambit speaks with 𝗜𝗻𝗱𝗶𝗮’𝘀 𝗦𝗲𝗰𝗿𝗲𝘁𝗮𝗿𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗠𝗶𝗻𝗶𝘀𝘁𝗿𝘆 𝗼𝗳 𝗣𝗲𝘁𝗿𝗼𝗹𝗲𝘂𝗺 𝗮𝗻𝗱 𝗡𝗮𝘁𝘂𝗿𝗮𝗹 𝗚𝗮𝘀, 𝗡𝗲𝗲𝗿𝗮𝗷 𝗠𝗶𝘁𝘁𝗮𝗹 and 𝗔𝘁𝘂𝗹 𝗔𝗿𝘆𝗮, 𝗰𝗵𝗶𝗲𝗳 𝗲𝗻𝗲𝗿𝗴𝘆 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝘀𝘁 𝗮𝘁 𝗦&𝗣 𝗚𝗹𝗼𝗯𝗮𝗹 𝗘𝗻𝗲𝗿𝗴𝘆, about India’s evolving upstream landscape. India is entering a pivotal phase in the development of its upstream sector. Recent reforms have focused on improving access to acreage, strengthening fiscal and contractual terms, streamlining regulations, and reducing the risks associated with frontier exploration, while the Samudra Manthan initiative aims to expand subsurface data and introduce new cost-sharing measures for exploratory drilling.   🎧Listen to the full podcast here (27:46)🔗okt.to/Xmfn9d

India seeks to attract upstream capital with offshore reforms, deepwater drilling support ▪️Upstream reforms to address investment risks across full cycle ▪️Scope to build partnerships with national oil companies ▪️Samudra Manthan conceived as long-term energy security initiative Interview🔗 okt.to/7t5jm2 @heysambit #OOTT

INTERVIEW: Haldia Petrochemicals eyes LPG, new supply sources to reduce Middle East dependence ▪️India's petrochemicals consumption to outpace GDP growth ▪️Looking to expand third-party chemicals, polymers trading footprint okt.to/k93e1C

Asia faces dual hit of $100/b oil, supply crunch that threaten demand, energy security ▪️Oil above $100/b starts to dent Asian demand ▪️Cost pressures hit freight, manufacturing, households ▪️Inflation fears grow as costs rise okt.to/tzjQ9U By @heysambit

At APPEC 2026, one theme reverberated across discussions involving crude oil, shipping, refining, AI and EVs: energy security is no longer a secondary consideration. It is increasingly influencing how refiners are planning crude purchases, how they configure assets, how shipowners price risk and how governments prepare for a more fragmented trading environment.

#ICYMI: A new edition of the 𝗣𝗹𝗮𝘁𝘁𝘀 𝗣𝗲𝗿𝗶𝗼𝗱𝗶𝗰 𝗧𝗮𝗯𝗹𝗲 𝗼𝗳 𝗢𝗶𝗹 is now live! The US–Iran war and the closure of the Strait of Hormuz have fundamentally changed how the oil market thinks about energy security. When traditional supply routes are disrupted, crude quality and origin matter more than ever. Refiners, traders and policymakers need to know exactly what they're working with, and where it comes from. The updated Platts Periodic Table of Oil gives you that clarity. Find it here🔗okt.to/njMkGv

Next stop: Singapore! APPEC 2026 begins Monday, followed by three days of oil-market discussion covering supply, demand, prices, refining, trade flows and energy security. Full program in the attached PDF. #APPEC okt.to/rYgzM8

APPEC: Energy security takes center stage as Asia confronts shifting oil, shipping flows ▪️APPEC to be held over Sept. 7-10 in Singapore ▪️Hormuz crisis is market's 'ultimate theoretical risk' ▪️Storage, access to ships, new routes in focus okt.to/5sGpkY

In this Platts Oil Markets podcast ahead of APPEC 2026, S&P Global Energy experts and Reliance’s leadership discuss fragile shipping routes, shifting trade flows, diversification efforts and how will Asia tackle the need for reliable long-term supply, while pushing decarbonization goals. Asia energy editor @heysambit is joined by Vera Blei, head of Platts, Debangsu Ray, cluster president and head of Reliance's Jamnagar refinery and Calvin Lee, head of Asia content. 🎧Full podcast here (26:30)🔗okt.to/8STJ7z

Sent 𝗜𝗡𝗗𝗜𝗔 𝗖𝗘𝗢 𝗦𝗘𝗥𝗜𝗘𝗦: BP India Chairman Kartikeya Dube says India is entering a pivotal decade for energy, with choices on security, domestic production and technology set to influence global demand through 2050. In this interview with @heysambit, Kartikeya Dube explains how over $13 billion of BP investment, deepwater exploration, and partnerships with Reliance and ONGC are strengthening domestic supply, gas output, and long-term energy security. true 📰Read the full interview🔗 okt.to/KzAZOG

𝗜𝗡𝗗𝗜𝗔 𝗖𝗘𝗢 𝗦𝗘𝗥𝗜𝗘𝗦: Vedanta Oil and Gas Ltd. is expanding India's upstream production pipeline through a diversified portfolio spanning Rajasthan, Assam, the North-East, and shallow water offshore assets, while also monitoring deepwater opportunities for sustained long-term growth. In this interview with @heysambit, Interim CEO and Whole-time Director Jim Johnny Gast said that India remains significantly underexplored, with large prospective resources and recent policy reforms have opened new opportunities. 📰Read the full interview here🔗 okt.to/atIozX

𝗜𝗡𝗗𝗜𝗔 𝗖𝗘𝗢 𝗦𝗘𝗥𝗜𝗘𝗦: Oil India Limited is aiming to expand frontier offshore exploration, backed by India’s Samudra Manthan scheme that can fund up to 50% of deepwater drilling costs. In this interview with @heysambit, chairman and CEO, Ranjit Rath mentions that the state-owned company seeks to balance energy security with portfolio diversification amid shifting global energy dynamics. He also discussed the company’s selective approach to overseas upstream assets, which Oil India sees as a strategic complement to domestic exploration. 📰Read the full interview here🔗okt.to/DihYVJ

𝗜𝗡𝗗𝗜𝗔 𝗖𝗘𝗢 𝗦𝗘𝗥𝗜𝗘𝗦: Oil and Natural Gas Corporation Ltd is reshaping its portfolio: a new oil and petrochemicals trading unit targeting around $1 billion in annual opportunities, a 1.75 million mt strategic petroleum reserve at Mangalore, and a government-backed deepwater exploration push under Project DeepX. In this exclusive interview with @heysambit, chairman and CEO Arun Kumar Singh explains why upstream remains ONGC’s core, even as the company expands trading, SPR capacity, overseas equity oil, and renewables via ONGC Green. 📰Read the full interview here🔗okt.to/GcW6y1

𝗜𝗡𝗗𝗜𝗔 𝗖𝗘𝗢 𝗦𝗘𝗥𝗜𝗘𝗦: Shell is accelerating its diversified energy strategy in India as geopolitical risks highlight the need for supply chain resilience to balance energy security with the transition to lower-carbon fuels. In this interview with @heysambit, Shell India chairperson Mansi Madan Tripathy explains how a diversified fuel mix, flexible LNG portfolios and AI-enabled operations can support energy security, fertilizer feedstock and the transition away from coal and oil. 📰Read the full interview🔗okt.to/Seaowr

𝗜𝗡𝗗𝗜𝗔 𝗖𝗘𝗢 𝗦𝗘𝗥𝗜𝗘𝗦: India’s biggest fuel retailer Indian Oil Corp Limited plans to lift its energy market share from 9% to 12% by 2040. In this interview with @heysambit, IOC's Chairman Arvinder Singh Sahney outlines a 19% refining capacity boost by next year, expansion into petrochemicals, trading and LPG storage, and a push into SAF, biogas, hydrogen and solar that could take new energies to 30%-35% of revenue by 2040. 🔗Link to the full interview: okt.to/Qwo7Dd

The recent conflict has tested Asia's reliance on Middle Eastern crude, forcing a reassessment of supply routes and risk. The focus is now on building a more resilient energy system. In this podcast, our experts analyse Asia’s crude sourcing, refining economics and more. Full episode: okt.to/XcFzf6

From austerity calls to flight cuts, India feels the heat from high energy prices ▪️Input cost pressures from oil spike to weigh on growth: CRISIL ▪️Modi appeals to adopt measures to conserve fuel, save foreign currency okt.to/Au37YS By @heysambit

In this bonus episode of Platts #OilMarketsPodcast, our experts are joined by the vice president for product strategy at the National Stock Exchange (#NSE) to discuss the need for sophisticated benchmarks in managing risk, and what the latest NSE #crude oil contract based on a physical price benchmark--Platts Dated Brent--can offer to #Indian market participants. #OOTT 🎧Link to the full #podcast (21:43) 🔗okt.to/7pOvRN