Challenges of Indian Oil and Gas Sectors: Exploring the Rationale and Alternatives

Fossil energy industries, such as oil and gas extraction companies must decrease their fossil emissions from their core operations and a need to improve environmental footprints and de-carbonization. It can also leverage its engineering capabilities and seek managerial expertise to increase its financial resources and transform itself into a performance-oriented entity. There is a need for green investment by oil and gas companies in the non-core areas of energy diversification is appalling. In addition, dealing with climate change involves a coalition of various stakeholders and adhere to strict environmental regulations standards.