Cairn Oil & Gas Taps Tech and Data to Modernize India's Energy Backbone
Cairn Oil & Gas, India's largest private oil and gas exploration company, is doing something bold: Reimagining oilfields as intelligent ecosystems.
In this episode of The Sound of CIO, we're joined by Sandeep Gupta, Chief Digital and Information Officer at Cairn Oil & Gas, Vedanta—a man steering this deep-tech transformation, turning some of India's oldest hydrocarbon reserves into hubs of innovation.
But at the heart of this story is something bigger—how a legacy industry is embracing the future to produce more, safer, and cleaner.
This is not just about oil. It's about reinventing energy at a time when India needs it most.
Advertisement
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
7 hours ago
- Time of India
Big push to oil & gas infra in last 11 years has strengthened India's energy security: Puri
New Delhi: Minister of Petroleum and Natural Gas, Hardeep Singh Puri , on Thursday said that over the last 11 years, India's oil and gas sector has expanded steadily, from building modern refineries and pipelines to securing reserves and promoting cleaner fuels as part of the infrastructure revolution that is taking place in the country. The minister said, "Infrastructure has been central to India's growth story under the leadership of Prime Minister Narendra Modi and these efforts in the oil and gas sector have strengthened the country's energy security and laid the foundation for a self-sufficient future." Highlighting the infrastructure milestones in the oil and gas sector, Puri said that the country now has 23 modern operational refineries with a total capacity of 257 million metric tonnes per annum to produce petroleum products such as petrol, diesel, jet fuel and LPG The Piped Natural Gas (PNG) infrastructure that provides green cooking fuel to household kitchens in the country has been expanded to cover 733 districts across the country. Besides, Compressed Natural Gas (CNG) for fuelling vehicles is being provided across 8,000 retail stations to consumers nationwide. The minister also underlined that E20 ethanol blended petrol was now being made available for vehicles at all the retail outlets nationwide. He further stated that the Ministry's Compressed Bio-Gas (CBG) initiatives have resulted in the setting up of 106 plants with the combined capacity of 625 TPD. The minister also highlighted the ministry's initiative in setting up storage facilities for strategic petroleum reserves , on which the country can fall back in times of emergency and which assume importance during times of geopolitical uncertainty. These reserves can also be dipped into at times when global prices skyrocket to provide a cushion to the national oil companies. The minister mentioned that the storage capacity at Pudur is 2.25 million metric tonnes (MMT), the Visakhaptnam facility has the capacity to store 1.33 MMT of crude oil while Mangalore has a storage capacity of 1.5 MMT. Besides, another strategic reserve facility is being built at Chandikhol, which is also on the sea coast. He also underscored that the public sector oil marketing companies have set up six skill development institutions which have already succeeded in skilling as many as 16,000 professionals so far. --IANS sps/rad
Business Standard
a day ago
- Business Standard
Benchmarks trade with minor gains; oil & gas shares gain
The key equity indices witnessed small gains in afternoon trade, lifted by positive global trade developments. Optimism from Asian markets and hopeful signals from US-China trade negotiations in London boosted investor sentiment. The Nifty traded above the 25,100 level. Oil & gas shares advanced after declining in the past trading session. At 14:30 IST, the barometer index, the S&P BSE Sensex, added 122.24 points or 0.15% to 82,513.96. The Nifty 50 index rose 38.10 points or 0.15% to 25,140.30. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index shed 0.27% and the S&P BSE Small-Cap index fell 0.26%. The market breadth was positive. On the BSE, 2,078 shares rose and 1,916 shares fell. A total of 144 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 2.10% to 13.72. Buzzing Index: The Nifty Oil & Gas index rose 1.50% to 11,729.25. The index shed 0.08% in the past trading session. Oil India (up 5.74%), Bharat Petroleum Corporation (up 3.91%), Hindustan Petroleum Corporation (up 2.51%), Indian Oil Corporation (up 1.96%), GAIL (India) (up 1.4%), Oil & Natural Gas Corpn (up 1.27%), Reliance Industries (up 0.9%), Mahanagar Gas (up 0.7%), Petronet LNG (up 0.29%) and Gujarat Gas (up 0.29%) advanced. On the other hand, Adani Total Gas (down 2.73%), Castrol India (down 2.67%) and Indraprastha Gas (down 1.43%) edged lower. Numbers to Track: The yield on India's 10-year benchmark federal paper shed 0.19% to 6.275 from the previous close of 6.287. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 85.5425 compared with its close of 85.5700 during the previous trading session. MCX Gold futures for 5 August 2025 settlement rose 0.47% to Rs 97,356. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.03% to 99.01. The United States 10-year bond yield rose 0.25% to 4.484. In the commodities market, Brent crude for August 2025 settlement rose 11 cents or 0.16% to $66.98 a barrel. Stocks in Spotlight: Minda Corporation shed 0.77%. The company announced a joint venture with Japan-based Toyodenso Co. for advanced automotive switches for the Indian market. IIFL Finance rose 0.61%. The companys board has approved raising funds aggregating to Rs 600 crore through non-convertible debentures (NCDs) on a private placement basis.
&w=3840&q=100)
Business Standard
a day ago
- Business Standard
PSU oil & gas shares in focus; BPCL, HPCL, IOC, OIL, ONGC rally up to 5%
Oil & gas companies' share price today: Shares of public sector undertaking (PSU) oil & gas, including upstream and downstream companies, rallied by up to 5 per cent on the BSE in Wednesday's intra-day trade. Shares of key oil and gas companies gained over 1 per cent on the BSE. Oil India rose 5 per cent to ₹460.65, Hindustan Petroleum Corporation (HPCL) climbed 4 per cent to ₹420.30, Bharat Petroleum Corporation (BPCL) added 4 per cent to ₹331.70, Indian Oil Corporation (IOC) advanced 3 per cent to ₹146.70, while Oil and Natural Gas Corporation (ONGC) was up 1.7 per cent at ₹248.70. At 11:45 AM, the BSE Oil & Gas index, the top gainer among sectoral indices, was up 2 per cent, as compared to a 0.33 per cent rise in the BSE Sensex. Track LIVE Stock Market Updates Here What's driving oil & gas stocks today? According to a Reuters report, oil prices fell in early trade on Wednesday as markets were assessing the outcome of US-China trade talks, yet to be reviewed by President Donald Trump, with weak oil demand from China and Opec+ production increases weighing on the market. Brent crude oil prices slipped 0.60 per cent to $66.40 a barrel before trimming losses. Meanwhile, according to a Bloomberg report, India's state-run refiners are planning to order 10 domestically-built vessels to transport fuels around the country as the government pushes ahead with its ambition to expand the shipbuilding industry. Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp. plan to jointly issue a tender later this year for the medium-range tankers. The proposal could be valued at as much as $600 million, and will require delivery to start by 2028; the report suggested quoting the people familiar with the matter who asked not to be identified because the information isn't yet public. International crude oil prices in Q1FY26 are at ~$65/barrel, a $10/bbl decline over the Q4FY25 level. Every $1/bbl drop in crude oil price improves OMCs' gross margin for gasoline/diesel by ₹0.55/litre, it said. "OMCs would additionally benefit from nil Liquefied Petroleum Gas (LPG) losses in FY26 at current $65/bbl crude oil price versus ₹25,000 crore cumulative LPG losses at our previous crude oil estimate of $75/bbl', the brokerage firm said. Analysts at Elara Capital remain bullish on Oil India's prospects due to continued growth in production, capacity expansion by 200 per cent at Numaligarh Refinery (NRL) by Q4FY26 and accelerating drilling plan for wells. As part of its 2030 strategy, Oil India aims to raise production to 10–12 million tonnes by FY30 from 8.8 million tonnes in FY25. This includes 7–8 mntoe from domestic fields, 1–2 mntoe from new wells, and 1–2 mntoe from overseas assets. The company plans to drill 75–80 wells in FY26, up from 62 in FY25, and 106 exploration wells over the next three years. It is also awaiting clearance for the Indradhanush Gas Grid Limited pipeline, which will enhance gas offtake by linking to GAIL's national grid, according to a brokerage update. Meanwhile, OMC managements expect strong marketing performance to continue in Q1FY26, supported by improved refining spreads and lower LPG under-recoveries as propane prices ease. ONGC and Oil India also project higher production driven by KG-98 and NRL, respectively, according to Motilal Oswal.
