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India should attract global oil firms, says Rystad Energy CEO
Business Standard
|October 22, 2025
'Guyana-like' moment in oil discovery requires that countries offer transparent fiscal terms, quality geological data and allowing global firms to take the risk involved in oil and gas exploration, says Jarand Rystad, chief executive officer (CEO) of Rystad Energy and one of the most cited petroleum industry analysts globally.
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Q& A In an interview with Sudheer Pal Singh, Rystad says India is still 10 years away from the point when focus on electrification will make sense after enough decarbonisation has occurred. Edited excerpts.
Is the global energy transition dead?
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