PREVIOUS
✖
IEA report 2025
September 22 , 2025
8 days
73
0
- The International Energy Agency (IEA) warned that global oil and gas fields are depleting faster than before.
- India, which imports over 85 per cent of its crude and 45 per cent of its gas, is especially vulnerable.
- Nearly 90 per cent of upstream oil and gas investment is now used to offset natural decline in existing fields.
- Without new investment, global oil output could fall by 5.5 million barrels per day each year.
- Shale and offshore fields decline fastest, with output dropping over 35 per cent in the first year.
- The IEA urged India to diversify sources, expand domestic exploration, and adopt clean alternatives.
- New oil and gas projects take nearly 20 years from licensing to production, raising long-term risks.
Leave a Reply
Your Comment is awaiting moderation.