Venezuela, a historical player in the global oil industry, has been producing oil since 1914. With proven oil reserves of 299,953,000,000 barrels, as of 2016, Venezuela stands as one of the world's leading holders of oil reserves, representing about 18.2 per cent of the global total.
The Union Minister will deliver personal letters of condolences from the President and Prime Minister to the new Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, as per a release issued by the Ministry of External Affairs (MEA).
"Minister of Petroleum and Natural Gas Hardeep Singh Puri urged OPEC to recognize the gravity of the current economic situation and urged the Secretary-General to use his office to imbue a sense of pragmatism, balance and affordability in the oil markets," stated the Ministry of Petroleum a
He said that COP27 recognised the importance of increasing participation and investments as well as the presence of everyone at the dialogue table in order to integrate efforts to preserve the environment, with awareness of the environmental effects resulting from climate change and the exte
The government has advanced its target to achieve 20 per cent ethanol blending in petrol from 2030 to 2025-26, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Monday.
The development comes as China is making a comeback in Sri Lanka as Beijing first gave its consent on conditionalities for the International Monetary Fund to lend money to the island nation. Reports have emerged that indicate that China's Sinopec has committed to invest in Sri Lanka's Hamban
The Union minister said Rahul Gandhi should apologise for his statement. He also hit back at the Congress, reminding them that it was under the Indira Gandhi regime that civil liberties were curbed.
He made the remarks at the concluding session of the 9th Asian Ministerial Roundtable titled 'Mapping Stable and Secure Energy Pathways - Energy Security, Justice, Growth, and Innovation' here on Tuesday.