The initiative seeks innovative solutions across the entire energy value chain, including hydrocarbons, biofuels, hydrogen, renewables, and green technologies.
India today imports 80 per cent of its oil and 50 per cent of its natural gas needs. India is now importing oil and gas from as many countries as possible, about 40 countries now, to meet its demand.
The Maharashtra Chief Minister attached the latest IMF World Economic Outlook report, wherein it projected India's growth in 2025 and 2026 at 6.4 per cent -- the highest among the fastest major economies.
India has successfully achieved 20% ethanol blending in petrol in 2025, five years ahead of its original 2030 target, Petroleum and Natural Gas Minister Hardeep Puri said on Wednesday.
The Minister emphasized the importance of embracing green initiatives, enhancing digital readiness, and evolving business models in line with India's dynamic energy landscape.
In a veiled take on the Mamata Banerjee-led West Bengal government, Union petroleum and natural gas minister Hardeep Puri reiterated that petrol and diesel prices in non-BJP states are ruling above that of BJP-run states.
"We have seen reports on the subject and are closely following the developments. Let me reiterate and I have said this in the past as well that securing the energy needs of our people is, understandably, an overriding priority for us. In this endeavour, we are guided by what is available
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Thursday expressed optimism about a potential decline in oil prices, citing India's efforts to diversify its sources of energy imports.
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, said that education must remain the central focus as the country progresses. He made the remarks while speaking at a seminar titled "School Education in India: Towards Equitable Access to Quality Education for All," organis
Petroleum and Natural Gas Minister Hardeep Puri said India's continued purchase of crude oil from Russia helped stabilise energy prices globally, and halting oil trade from Russia would have spiralled crude prices to over USD 120-130 per barrel.
India aims to increase its hydrocarbons exploration acreage to 0.5 million sq km by 2025 and 1.0 million sq km by 2030, Union Minister for Petroleum and Natural Gas Hardeep Puri said.
Union Minister Hardeep Puri on Tuesday highlighted Central Government's series of sweeping policy reforms under the leadership of Prime Minister Narendra Modi to accelerate oil & gas exploration.