Union Minister Hardeep Puri

India emerges as world’s 3rd largest biofuel producer: Hardeep Puri

India has emerged as the world’s third-largest biofuel producer, driving the shift toward cleaner, renewable energy, Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said on Monday. In a post on X, Puri highlighted that India has achieved 19.6% ethanol blending in petrol as of January and is on track to reach 20% very soon, five years ahead of its original 2030 target. This rapid progress is expected to reduce fuel imports and cut emissions. “From the quiet town of Digboi to the ...

November 5, 2024 2:15 PM

Union Minister Puri predicts stable oil prices in India, calls for producer-consumer dialogue

Oil prices in India are expected to remain stable amid the rising geopolitical tensions as the country has several options to buy crude oil, said Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Tuesday. Addressing concerns over potential supply chain disruptions, Puri emphasized that India has strategically positioned itself to manage such situations effectively, with access to a diverse range of crude oil suppliers. "More supplies from countries such as Brazil and Guyana ...