India Energy Week 2025: Major Energy Deals Signed At The Event; Details Inside

India Energy Week 2025: IEW started on Tuesday with Prime Minister Narendra Modi’s inaugural address and will conclude on Friday, 14 February at Yashobhoomi, New Delhi

India Energy Week 2025: Bharat Petroleum Corporation Limited has signed an optional term contract with Brazil’s Petrobras for the import of up to six million barrels of Brazilian crude grades

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India Energy Week 2025: India secured several key energy agreements at India Energy Week (IEW) 2025, bolstering its crude oil and LNG supply security while strengthening partnerships in renewable energy and upstream exploration. These agreements were signed by major public sector enterprises in collaboration with global energy firms and will support India’s long-term goals for energy transition.

IEW started on Tuesday with Prime Minister Narendra Modi’s inaugural address and will conclude on Friday, 14 February at Yashobhoomi, New Delhi.

BPCL And Petrobras

Bharat Petroleum Corporation Limited (BPCL) has signed an optional term contract with Brazil’s Petrobras for the import of up to six million barrels of Brazilian crude grades. The contract, originally set for one year with an option for a one-year extension, ensures a reliable supply of Brazilian crude to BPCL’s refineries. It further strengthens the long-standing partnership between the two companies and enhances energy cooperation between India and Brazil.

Indian Oil and ADNOC

Indian Oil Corporation Limited (IOCL) has entered into a long-term Sale and Purchase Agreement with ADNOC, UAE, to source up to 1.2 MMTPA of LNG starting in 2026. The 14-year contract is valued at over $ 7 billion. Additionally, BPCL has secured an LNG offtake agreement with ADNOC for 2.4 million metric tonnes over five years, with an option to extend for another five years.

Fatema Al Nuaimi, ADNOC Gas CEO, said: "This agreement strengthens our long-standing partnership with IndianOil and is a testament to the dynamic and robust energy ties between the UAE and India. As a reliable and responsible supplier of lower-carbon gas, ADNOC Gas looks forward to supporting India’s plans to make gas 15 per cent of its primary energy basket by 2030.” 

ONGC And Petrobras

ONGC Videsh Ltd. (OVL) and Petrobras have signed an MoU to collaborate on upstream oil and gas projects in Brazil, India, and other countries. The agreement also covers cooperation in trading, low-carbon solutions, digitalisation, and human capital development. Meanwhile, Oil India Limited (OIL) has signed an MoU with Petrobras to explore offshore hydrocarbon opportunities in deep and ultra-deep regions, including the Mahanadi and Andaman basins.