Cairn Oil & Gas Deputy CEO Prachur Sah on Surging Oil

The transcript discusses India's heavy reliance on oil and gas imports and the inflationary pressures from rising oil prices. It outlines investment plans to boost domestic production, aiming to meet half of India's oil needs. The company is committed to becoming carbon neutral by 2050, with significant investments in technology and biodiversity. Recent discoveries in exploration are promising, but the exact impact is yet to be determined. The transcript also covers oil price projections, market dynamics, and potential mergers and acquisitions.

What specific environmental commitment is mentioned for the year 2050?

What role does technology play in achieving the carbon neutral target by 2050?

What challenges are highlighted regarding oil prices and investment in exploration?