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.
Ministry of Petroleum and Natural Gas has introduced the Draft Petroleum and Natural Gas Rules, 2025, aimed at significantly enhancing the ease of doing business of the exploration and production (E&P) operators.
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.
In a decisive move aimed at strengthening India's transition towards a cleaner, more efficient energy landscape, the Petroleum and Natural Gas Regulatory Board (PNGRB) has approved the Second Amendment to the Natural Gas Pipeline Tariff Regulations, 2025, an official release said.
Uttarakhand Chief Minister Pushkar Singh Dhami on Saturday highlighted the state's progress in the energy sector, particularly in natural gas and oil, under the leadership of Prime Minister Narendra Modi.
Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Friday said that Oil and Natural Gas Corporation (ONGC) has successfully capped the blowout of RDS#147A well site in Sivasagar.
With the ceasefire with Iran in effect, Israel's Minister of Energy and Infrastructure, Eli Cohen, ordered the reopening of Israel's "Karish" and "Leviathan" natural gas rigs in the Mediterranean, which had suspended operations during the fighting due to security issues.
The commercial production of methane gas in western Nepal is expected to begin next fiscal year, Nepal Prime Minister KP Sharma Oli announced, with further study still pending in the region for the gas production.
Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, remembers victims of the Air India Kanishka Bombing on the 40th Anniversary and calls on the international community to unite against terrorism.
Union Minister of Petroleum and Natural Gas Hardeep Singh Puri, Irish Prime Minister, Micheal Martin, and Canadian Minister of Public Safety, Gary Anandasangaree, laid a wreath at the Ahakista Memorial in Cork in Ireland, to pay homage to the victims.
Roughly 20 per cent of global oil and a significant portion of natural gas pass through the Strait. Europe imports oil and liquefied natural gas (LNG) from Gulf states--Saudi Arabia, Qatar, UAE-- much of which travels through the Strait. If Iran blocks it, global oil prices would spike, a