HARDEEP SINGH PURI
Hardeep Puri meets Brazil minister to expand trade and energy cooperation
Union Petroleum Minister Hardeep Singh Puri met with Brazil’s Vice President and Minister of Development, Industry, Trade and Services, Geraldo Alckmin, to discuss strengthening India-Brazil energy cooperation. The talks focused on bilateral trade in hydrocarbons, long-term crude supply contracts with Petrobras, and Indian investments of over $3.5 billion in Brazil’s upstream sector.
BP CEO to visit India for third time in a year
BP's Chief Executive Murray Auchincloss is visiting India again, underscoring the company's growing interest. This visit aligns with UK Prime Minister Keir Starmer's official trip. BP sees India as central to its future energy plans. The country's energy demand is projected to rise significantly. BP is exploring opportunities in green energy and carbon reduction technologies in India.
This Andaman Sea offshore well could unlock decades of energy potential for India
India has confirmed a significant natural gas discovery in the Andaman basin, marking a milestone in deepwater exploration. This find, at the Sri Vijayapuram-2 well, validates the region's hydrocarbon potential and aligns with India's energy self-reliance goals. While commercial production is years away, it promises to boost domestic output and reduce import dependence.
GST on capital goods undermines promise of stable fiscal terms in new oilfield law: Industry to Puri
Ficci wrote to the Oil Minister about a GST hike. The increase affects capital goods in oil, gas, and CBM sectors. This action impacts contracts and raises project expenses. Ficci stated it discourages investments and affects energy security goals. The industry body requested reconsideration of the 18 percent GST rate. They seek a return to zero percent for operations.
Govt disappointed on state-run oil cos' valuations by markets
Union Minister Hardeep Singh Puri expressed disappointment over low investor valuations of state-owned oil companies, despite their Rs 2.5 lakh crore profit over six years. While partial stake sales may be considered, full divestment is not planned, and BPCL is off the block. Puri highlighted autonomy, consistent dividends, and clarified concerns on refining margins, LPG under-recoveries, and ethanol blending.
No sanctions on buying oil from Russia: Hardeep Puri
Union Petroleum Minister Hardeep Singh Puri on Friday said there are no sanctions on Russian crude and warned of “serious consequences” if supplies are disrupted. He noted India has always complied with sanctions on Iran and Venezuela.
- Go To Page 1
Green hydrogen cost falls to USD 4.4-4.5 per kg in oil co tenders
India's Oil Minister Hardeep Singh Puri announced a significant price drop in green hydrogen, falling from USD 5.5 to USD 4.4-4.5 per kg in recent tenders by state-owned oil companies.
Navratri boost: Centre to distribute 25 lakh free LPG connections under PM Ujjwala Yojana, says Hardeep Singh Puri
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Monday announced that the Centre will distribute 25 lakh free LPG connections under the Pradhan Mantri Ujjwala Yojana (PMUY) on the occasion of Navratri.
GST reforms can boost India's GDP by 0.8%, says Petroleum Minister Hardeep Singh Puri
Union Minister Hardeep Singh Puri announced that new GST reforms, effective today, are expected to boost India's GDP by 0.8%. He highlighted the reforms as a 'budget utsav,' bringing happiness and benefiting all sections of society, particularly the lower middle class.
India marks PM Narendra Modi's 75th birthday with Ganga Aarti, rangoli, wishes and more
Narendra Modi celebrated his 75th birthday. Union ministers, chief ministers, global leaders, and citizens sent greetings. Amit Shah praised Modi's leadership. Rajnath Singh spoke of Modi's vision. Prayers were offered at gurudwaras. Schoolchildren made rangolis. BJP workers held cleanliness drives. Devotees offered prayers at temples. The celebrations reflected political tributes and personal admiration for Modi.
Puri dismisses claims of biofuels damaging engines as 'rubbish'
Oil Minister Hardeep Singh Puri refuted claims about biofuels harming engines, asserting that E20 petrol is environmentally safe. He highlighted the increase in ethanol blending from 1.4% in 2014 to 20% now.
India Inc flags GST hike on capital goods, warns of impact on oil & fuel independence
FICCI has expressed concerns to the Oil Minister regarding the recent GST hike on capital goods for the oil, gas, and CBM sectors. They argue that this increase undermines efforts to reduce import dependence and contradicts the Oilfields Regulation and Development Act's aim of providing fiscal stability.
Telangana petrol prices buck national trend, soar more than 23% in five years
Telangana's petrol prices have surged over 23% in five years, outpacing major metros, a Times of India report reveals. Despite central excise duty cuts, Hyderabad faces some of India's highest fuel rates due to unchanged state VAT.
India to raise LNG import capacity by 27% to 66.7 million tons a year
India plans to boost its LNG import capacity by 27% to reach 66.7 million metric tons per year by 2030. Under this, two new plants will be added in the country. This shift targets a 15% gas contribution by 2030. India also intends to expand LNG dispensing stations for vehicles.
GDP growth reflects India's broader economic progress: Petroleum Minister Hardeep Singh Puri
Over the decades, PSPB athletes have consistently brought laurels to India, with as many as 151 national awardees having been PSPB sportspersons. These include 3 Padma Bhushan, 13 Padma Shri, 10 Major Dhyan Chand Khel Ratna, 1 Dronacharya Award, 7 Dhyan Chand Lifetime Achievement Awards and 117 Arjuna Awardees.
India's push for ethanol-mixed fuel sparks driver backlash, leaves carmakers scrambling
India's nationwide rollout of E20 fuel, a blend with 20% ethanol, faces backlash from motorists concerned about its impact on older vehicles. Automakers offer mixed guidance, and some fuel stations report angry reactions from drivers due to the lack of alternative fuel options.
Nara Lokesh meets Union Minister Hardeep Singh Puri, urges Centre's support for BPCL refinery at Ramayapatnam
Nara Lokesh, Andhra Pradesh IT Minister, engaged with Union Ministers Hardeep Singh Puri and S. Jaishankar in Delhi. Discussions centered on fast-tracking the BPCL refinery project in Ramayapatnam. Lokesh also promoted the Deepam 2.0 scheme. He sought central support for energy and maritime sector investments. Furthermore, Lokesh pushed for stronger diaspora engagement and skills mobility with Jaishankar.
India marches towards energy self-reliance, but imports still crucial: Hardeep Puri
Union Petroleum Minister Hardeep Singh Puri on Friday outlined India's progress in clean energy and domestic fuel production while noting the country’s continued reliance on imports. Speaking at the Pioneer Biofuels 360 Summit, he highlighted the expansion of compressed biogas (CBG) and CNG-compatible vehicles, along with 33.5 crore LPG connections, including 10.5 crore under the Ujjwala Yojana.
There will be no shortage of crude oil, says Hardeep Singh Puri
Union Minister Hardeep Singh Puri assures stable fuel prices despite global issues. India anticipates no crude oil shortage. Prices have decreased in the past three years. Reductions occurred in November 2021, May 2022, and March 2024. India explores its sedimentary basins, including previously restricted areas. Exploration in the Andamans shows promise.
Oil minister Hardeep Singh Puri hopes global oil prices will come down
India's Minister of Petroleum and Natural Gas, Hardeep Singh Puri, expressed optimism that global oil prices will decrease despite ongoing geopolitical tensions, citing increased supply from countries like Brazil and Guyana. He emphasised that there is currently no shortage of oil globally and stated, "Prices should hopefully come down, and that's my personal opinion."
"Surat not first time but 35 candidates...": Hardeep Singh Puri replies to Rahul Gandhi on BJP's first win in Gujarat
Mukesh Dalal's unopposed election in Surat led to criticism from Hardeep Singh Puri towards Rahul Gandhi, highlighting 35 unopposed candidates since independence, with over half from the Congress party.
Petroleum Minister Puri visiting Kuwait as PM's special envoy to pay condolences over demise of Emir
Petroleum Minister Hardeep Singh Puri is headed to Kuwait as India's special envoy to convey condolences on Emir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah's passing. He'll deliver letters from President Murmu and PM Modi to the new Emir, highlighting the late Emir's impact on India-Kuwait relations. India mourns the loss, declaring a day of state mourning. The MEA praises the late Emir's visionary leadership and his role in fortifying bilateral ties between the two nations.
Assam CM calls on Union Minister for Petroleum & Natural Gas, discusses issues for transforming Assam into major energy hub
The Union Minister said that looking into Assam's tremendous potential in the green energy sector, the Central Government would extend all possible help and assistance to the state to make it a major energy hub.
Rozgar Mela: PM Modi to distribute over 51,000 appointment letters to newly inducted recruits on August 28
Prime Minister Narendra Modi will distribute more than 51,000 appointment letters to the newly inducted recruits on August 28, an official statement said on Saturday. Border Security Force said that Union Minister Hardeep Singh Puri will distribute appointment letters on August 28 in Punjab.
India Energy Week 2023: Minister Hardeep Singh Puri gives thumbs up to Chef Ranveer Brar’s "millet khichdi" cooked on solar stove
Minister Hardeep Singh Puri praised Chef Ranveer Brar's millet "khichdi," which he made in line with the International Year of Millets 2023, during India Energy Week 2023.
Union minister Hardeep Puri hands over registry papers to 20 unauthorised colony residents
Union Housing and Urban Affairs Minister Hardeep Singh Puri on Friday handed over conveyance deeds and registry papers of houses to 20 residents of unauthorised colonies.
Load More
