Following the outbreak of hostilities in the Middle East and the evolving global energy situation, Hardeep Singh Puri, Minister of Petroleum & Natural Gas, informed that "the country is well stocked with crude oil and inventories of key petroleum products including petrol, diesel and ATF to
According to the Taipei Times, the Foundation for Defense of Democracies (FDD) released a report following a tabletop simulation held in July that explored potential Chinese strategies to disrupt Taiwan's energy supplies.
Amid escalating tensions between Israel and Iran, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Wednesday assured that India has sufficient petrol and diesel reserves and that India need not to worry, as it also has enough energy supplies for the coming months.
The oil supply update by the minister attaches importance, given that the international oil prices shot up sharply post the early morning attack on Iran by Israel. At the time of filing this report, crude oil WTI futures were trading 6 per cent higher at USD 72.04 per barrel.
"Tariffs, sanctions, I think, whether we would like it or not they are a reality, countries use them. In fact, if one looks at the last decade, I would say we have seen a much greater weaponization of pretty much any kind of capability or any kind of economic activity. It could be financi
Puri highlighted OIDB's crucial role in addressing key challenges in India's hydrocarbon value chain, ensuring consistent energy supplies, and supporting vital initiatives like skill development and policy reforms.
Trudeau met with Canada's premiers on Wednesday to discuss Ottawa's plan to address Trump's concerns, the second meeting since Trump threatened to impose steep tariffs on Canadian imports after he will be sworn in as President in January.
The global economy, food security, and energy supplies are at increasing risk due to vulnerabilities at key maritime routes, according to the Review of Maritime Transport 2024 from UN Trade and Development (UNCTAD).
This transfer took place during an orientation workshop held at PGCIL's regional headquarters in Jammu, in preparation for the 5000 MW Pang-Kaithal High Voltage Direct Current (HVDC) Project in Ladakh. The Pang-Kaithal HVDC Project, located at an elevation of 15,760 feet, is a crucial step i
Union Minister Hardeep Singh Puri reviewed the overseas assets of India's energy sector which includes the foreign branches of the India PSUs. It includes majorly ONGC Videsh Ltd (OVL), Indian Oil Corporation Ltd (IOCL), Oil India Ltd (OIL), Bharat PetroResources Ltd (BPRL), GAIL India, and
"The new partnership will connect India to Europe with the Middle East and Israel with transportation by rail and by shipment through energy supplies and digital connections that are going to open up untold opportunities for transformative economic investment on that entire corridor," the
The ministers aimed to advance technological collaboration and cooperation amongst G20 members, other international partners and multilateral institutions to strengthen energy systems with a view to ensuring energy security and stabilising energy markets, read the outcome document of the