New Delhi, Aug. 2 -- India's energy transition will depend as much on energy security as on cleaner fuels, Indian Oil Corp. Ltd's (IOC) director of marketing Saumitra Srivastava said, highlighting the need to ensure reliable supplies for the world's most populous country amid geopolitical disruptions and rising energy demand.

"For any meaningful transition, I think energy security is very essential. India's crude oil import has diversified over the years to cover approximately 40 sources now," Srivastava said at the recently held Mint Sustainability Summit 2026 in Mumbai. "And we are also strengthening our core of oil and gas business by making the operations clean and by using biofuels in our refinery," he added.

State-owned Indian Oil...