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The Government of India convened a briefing at the National Media Centre on Monday. Officials from the Ministries of Petroleum and Natural Gas, Ports, Shipping and Waterways, and External Affairs provided updates on fuel availability, maritime operations, assistance to Indian nationals in the region, and measures being undertaken to maintain stability across key sectors. The Ministry of Heavy Industries also shared updates regarding the heavy industries sector.Enforcement actions continue across the country to curb hoarding and black marketing of LPG. More than 2250 raids were conducted across the country. Till Sunday, more than 1.28 lakh raids have been conducted, over 59,000 cylinders have been seized, more than 1000 FIRs have been registered, and 238 persons have been arrested.According to a press release, in this context, meetings were convened on 2 April 2026 (Chaired by Secretary, MoPNG) and on 6 April 2026 (Chaired by Secretary, MoPNG along with Secretaries of I & B and ...
Union Petroleum and Natural Gas Minister Hardeep S Puri said on Friday that de-dollarisation of oil purchases was never the objective, emphasising that "most transactions are in dollars and always have been". Instead, he clarified that the primary objective is to procure sufficient oil "at lower prices" to help control inflation. "De-dollarisation is not an objective at all. Most of these (oil) transactions are in dollars and always have been. We had one transaction in rupees, but I think it was a very small one. Transactions in rupees are a good thing, but it takes two to tango," Puri told PTI during a press conference. Exuding confidence that India has established contacts with the new US administration led by President Donald Trump, he said the Indo-American relationship on the energy front will deepen. According to the Union Minister, India is already purchasing energy worth up to USD 20 billion from the US, emphasising that Prime Minister Narendra Modi recently had a very ...
Union Minister Hardeep Singh Puri here on Friday held comprehensive discussions with "captains and professionals of India's energy sector entities" and officials of the Ministry of Petroleum and Natural Gas.Taking to X, Puri informed that the discussions were focused on green energy transition, leveraging artificial intelligence along the entire hydrocarbon value chain and expansion and strengthening of existing infrastructure."Held comprehensive and detailed discussions with captains & professionals of India's energy sector entities & officials of @PetroleumMin in Mangaluru on the journey ahead for the sector under the visionary & decisive leadership of PM @narendramodi Ji," Puri wrote on X."As India pivots toward transforming into a global energy hub, the sector is experiencing unprecedented growth & offers abundant investment & employment opportunities. Key focal areas of the day-long discussion today included green energy transition, leveraging ...