In a major step towards strengthening India's energy security, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri announced that Indian public sector oil companies have, for the first time, signed a one-year deal to import liquefied petroleum gas (LPG) from the United States.
The Egyptian Ministry of Petroleum and Mineral Resources has announced a new natural gas discovery in the Badr-15 area in the Western Desert. The field has been immediately added to the production map with a rate of 16 million cubic feet of gas per day.
The Indian Gas Exchange (IGX) on Thursday reported that its benchmark gas price index, the Indian Gas Price Index (GIXI®), stood at Rs973 (equivalent to USD11 per MMBtu) for October 2025, marking a decline of 11 per cent year-on-year (YoY) and 6 per cent month-on-month (MoM) amid sluggish de
With hydrogen prices declining faster than anticipated, India could see hydrogen become a viable alternative to natural gas within the next five to ten years, making this route central to our decarbonisation and global competitiveness goals, said Sandeep Poundrik, Secretary, Ministry of Stee
India is planning a major shift in its energy shipping strategy by building its own fleet of oil tankers to reduce the massive freight costs currently paid to foreign vessel operators, Union Petroleum and Natural Gas Minister Hardeep Singh Puri announced on Wednesday.
India's maritime sector is set to attract trillions of investments and create more than one crore new jobs by 2047, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said while speaking at the India Maritime Week 2025. "The maritime sector is poised to attract Rs 8 trillion of
Energy-intensive artificial intelligence (AI) data centers are expected to drive a sharp rise in power consumption, with data center power usage projected to increase by 160 per cent by 2030, according to a report by Goldman Sachs.
GAIL (India) Limited on Thursday signed a tripartite Concession Agreement with the Greater Bengaluru Authority (GBA) and Bengaluru Solid Waste Management Limited (BSWML) to develop a Compressed Bio Gas (CBG) plant at the KCDC area in Haralakunte Village, Bengaluru South Taluk.
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Geraldo Alckmin, Vice President and Minister of Development, Industry, Trade and Services of Brazil, on strengthening the expanding energy partnership between India and Brazil.
After meeting Brazilian Vice President Geraldo Alckmin, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said India and Brazil are working to expand their long-standing partnership, especially in the energy sector. He said India currently buys around USD 2.5 billion worth of c
Oil and Natural Gas Corporation (ONGC) expects global crude oil prices to stay between USD 60 and USD 65 per barrel in the current market situation. The company said it is preparing for a steady phase of operations in a USD 60-per-barrel environment and is not anticipating any major decline