Feedback | Monday, March 17, 2025

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March 13, 2025 12:02 PM

Lok Sabha passes Oilfield (Regulatory and Development) Amendment Bill, 2024

The Lok Sabha passed the Oilfield (Regulatory and Development) Amendment Bill, 2024, on Wednesday, marking a significant step in reforming India’s oil and gas sector. The bill, earlier passed by the Rajya Sabha on December 3, 2024, aims to modernize the regulatory framework to attract more investment and boost exploration and production in the oil and gas industry. The amendments are designed to enhance energy availability, accessibility, affordability, and security, contributing to India’s...

February 26, 2025 3:24 PM

India looking at increasing ethanol blending with petrol to over 20%: Hardeep Singh Puri

Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Wednesday said that India is considering increasing its ethanol blending target to more than 20%.   Speaking at the Advantage Assam 2.0 investment summit in Guwahati, he noted that the country has already achieved a 19.6% ethanol blending rate.   "We are considering blending more than 20% biofuel. A group under NITI Aayog has already been established to explore this possibility," he said.   Despite developmental challenges, ...

February 14, 2025 7:22 PM

India Energy Week 2025 concludes, cementing India’s role as a global energy leader

The third edition of India Energy Week (IEW) 2025 concluded on a high note, with Union Petroleum and Natural Gas Minister Hardeep Singh Puri lauding the event's unprecedented success, marked by record participation, innovative showcases, and strategic collaborations. The world's second-largest energy event, held at Yashobhoomi, New Delhi, hosted over 70,000 visitors, 600 exhibitors, and ten international pavilions over four days. With nine dedicated themes, IEW 2025 highlighted cutting-edge inn...

February 14, 2025 12:20 PM

Energy Week 2025: India signs multiple pacts for resilient, sustainable energy future

India signed multiple strategic agreements at the India Energy Week 2025, reinforcing its commitment to securing affordable, sustainable, and diversified energy supplies while fostering global collaborations. Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, emphasized that these partnerships would support India's energy transition goals and strengthen its energy ecosystem. As part of efforts to diversify crude oil imports, BPCL signed an optional term contract with Petrobras, B...

February 12, 2025 4:46 PM

India Energy Week 2025 highlights India’s clean cooking gas model as a blueprint for Global South

Union Minister of Petroleum and Natural Gas Hardeep Singh Puri chaired a Ministerial Roundtable on Clean Cooking during the second day of India Energy Week 2025, showcasing India's success in ensuring universal access to clean cooking gas. Puri emphasised that India's model, driven by targeted subsidies, digitised distribution networks, and cultural shifts, offers a replicable solution for other Global South nations facing similar energy challenges. The session brought together representatives ...

February 10, 2025 8:30 PM

India Energy Week 2025 kicks off on Tuesday with 700 exhibitors showcasing cutting-edge technology

Minister of Petroleum and Natural Gas Hardeep Singh Puri announced on Monday that India Energy Week 2025 (IEW 2025)—the world’s second-largest energy event in terms of ministerial and CEO participation—will commence on Tuesday (February 11) at Yashobhoomi, Dwarka, in the national capital. The flagship energy event of the Government of India, scheduled to take place from February 11 to 14, will host over 700 exhibitors and 10 pavilions representing countries such as the US, the UK, Germany...

February 10, 2025 5:39 PM

India expands crude imports to 40 countries; Argentina joins as new supplier: Hardeep Puri

India has further diversified its crude oil imports, now sourcing from 40 countries, with Argentina joining as the latest supplier, Union Petroleum Minister Hardeep Singh Puri announced on Monday. Speaking at a press conference ahead of India Energy Week 2025, Puri highlighted the country’s ongoing efforts to secure oil supplies from multiple sources to meet its growing energy demands. "From 27 suppliers, we have now expanded to 40 suppliers. We recently added Argentina to the list," Puri to...

November 13, 2024 12:39 PM

India could save 91,000 crore rupees on import bill through biofuel blending: Hardeep Singh Puri

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said that the country could save 91,000 crore rupees on the import bill through biofuel blending and this money could be utilized for the benefit of the agricultural sector. Inaugurating the 27th Energy Technology Summit in Bengaluru, the Union Minister said India has achieved the second position in biofuel blending globally, underscoring its leading position in sustainable fuel practices. "As a result of Govt. of India...

November 9, 2024 9:10 AM

Brazil-India relations strengthen on Brazil national day, says Ambassador Nobrega

Marking Brazil National Day, Brazil's Ambassador to India, on Friday Kenneth Felix Haczynski da Nobrega, highlighted the strengthened partnership between Brazil and India, underscoring shared values, common goals, and expanding cooperation between the two nations. In a speech in New Delhi, Nobrega emphasized that Brazil and India's bond has deepened, especially in 2024, as both countries navigate a challenging international landscape. "Our long-standing friendship has gained in breadth and dept...

November 6, 2024 6:21 PM

India’s petrochemical sector to grow over three-fold to USD 1 trillion by 2040: Hardeep Puri

India’s petrochemical industry is projected to surge to USD 300 billion next year, with the potential to grow to a staggering USD 1 trillion by 2040, according to Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri. Highlighting the sector's rapid transformation, Puri shared in a recent post that India is becoming a global petrochemical powerhouse under Prime Minister Narendra Modi’s leadership. "Our petrochemical sector, once valued at USD 220 billion, is on track to reach USD...

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Last Updated: 17th Mar 2025