Page 3 - Hardeep Singh Puri

Cong went from big national party to junior partner in states: Hardeep Puri

Union Minister Hardeep Singh Puri alleged that Congress is losing strength because of its 'ill-conceived and badly thought-through policies' and that its leaders are 'getting frustrated'

Puri targets Kharge for indulging in shoot and scoot using lies, fake data

Oil Minister Hardeep Singh Puri on Saturday took on Congress president Mallikarjun Kharge for "delusional opinions", saying the opposition party was using "lies, fabricated figures and fake data" in its classic shoot and scoot policy. In a series of post on X, Puri quoted data to counter Kharge's assertions saying the Modi government's inclusive development policies will make the country a developed nation by 2047. "Congress Party and Mr Kharge seem to be oblivious of the changes that have transformed the lives of Indians for the better," he said. The Modi government has pulled more than 24 crore Indians out of multidimensional poverty. This was aided by construction of more than 11 crore toilets, 12 crore tap water connections, over 10 crore free cooking gas connections, healthcare, bank accounts for 51 crore, three times hike in capital expenditure, and policy reforms such as GST, startup India, IBC and PLI scheme. "We ensured the price of petrol and diesel did not rise even when

Ratan Tata stood as a tall mentor and guide for us all: CII President Puri

Ratan Tata was an institution in himself, not just India's leading and noblest business titan, Hinduja Group Chairman GP Hinduja said on Thursday. In his condolence message at the demise of the Chairman Emeritus of Tata Sons, Hinduja said Tata will always live on in the countless Indians whom he touched with his professional and philanthropic deeds. "Ratan Tata was not just India's leading and noblest business titan; he was an institution in himself. Ratan added many enduring chapters to the Tata Legacy by taking it global," he said. Stating that Tata truly represented India's aspirations, Hinduja said, "He will always live on in the countless Indians whom he touched with his professional and philanthropic deeds. Tata (86) died late on Wednesday evening in a Mumbai hospital following age-related health conditions.

No need for panic, enough available in world: Puri on impact of war on oil

India will be able to navigate through any oil supply shock that may result from the potential widening of the conflict in the Middle East, Oil Minister Hardeep Singh Puri said on Tuesday. International oil prices have flared to near USD 79 per barrel from about USD 70 per barrel in just over a week's time, as the market waited to see if Israel would retaliate against Iran for the October 1 missile attack. "There is no cause for panic," Puri said. "More than enough oil is available in the world." While India, the world's third largest oil importing and consuming nation, is more than 85 per cent dependent on imports to meet its crude oil needs, the situation is "manageable", he said. "There is no need for concern." "We are pretty confident we will be able to navigate as we had done in the past," he said. This is primarily because the market is awash with oil supplies and if some parties hold back production or there are supply issues, there are new suppliers in the market to fill i

Oil prices up due to West Asia conflict, watching situation carefully: Puri

With global oil prices flaring due to widening conflict in the Middle East, India is watching the situation carefully and is confident of navigating any challenges it may pose, Oil Minister Hardeep Singh Puri said on Monday. International oil prices have flared to over USD 78 per barrel from about USD 70 per barrel, as the market waited to see if Israel would retaliate against Iran for a missile attack last week. "We are watching the situation very very carefully," Puri said at ExxonMobil Global Outlook 2024 here. Energy availability, he said, can be affected if there is an escalation in the Middle East. But supplies are not impacted and India, the world's third largest oil consuming and importing nation, is confident of being able to navigate any situation. "I am confident, we will be able to navigate as we did previously," he said. Puri said there is no shortage of oil and India is confident of sourcing its requirement. After the Iranian missile attack, it is being speculated

bp Plc meets in India, reflects confidence in country's opportunities

The board of global energy giant bp plc is holding its meeting in India in signs of its commitment to and confidence in opportunities in the country, the firm said on Wednesday. "The 5-day visit of the bp board reflects bp's significant and growing presence in India and its commitment to further develop its businesses in and with the country," it said in a statement. Recognising India's key role in global energy demand, during their visit the board will also hold meetings with the Indian government and bp's business partners, as well as visiting key bp India locations. The statement, however, did not elaborate on the meetings or the venue of the board meeting. Meeting Petroleum Minister Hardeep Puri, bp chair Helge Lund commented, "bp is committed to working closely with the government of India to support its changing energy needs. By leveraging our combined experience and expertise with our partners, we aim to facilitate the secure, affordable, and lower carbon growth of India's .

India in discussion to raise oil imports from Brazil: Hardeep Singh Puri

India and Brazil deepen energy ties as Petrobras meets with the Union Minister of Petroleum and Natural Gas Hardeep Singh Puri in Brasilia

India-US trade has potential to reach $500 billion mark, says Puri

Petroleum minister Hardeep Singh Puri lauded India's economic growth under Prime Minister Narendra Modi, saying the country has advanced from the 10th largest economy in 2014 to the 5th largest by 2019, surpassing the UK. Speaking at a community reception, organized by Consul General of India in Houston, D C Manjunath, at India House here, Puri emphasized Houston's pivotal role in the global energy sector, particularly in green hydrogen and aerospace. Expressing his thoughts about deepening US-India collaboration in the clean energy sector, Puri praised India's refining capacity and initiatives in biofuel blending, aiming to boost refining capacity to 300 million metric tons per annum. He termed the US-India Strategic Clean Energy Partnership as a cornerstone of future collaboration between the two countries. He acknowledged the political successes of Prime Minister Modi's party in the recent elections and said the country under Modi's regime has advanced from the 10th largest econ

India plans to keep buying cheap Russian oil, says Hardeep Singh Puri

European countries and Japanese businesses are buying from Russia, so India is not alone, he said

India will contribute to 35% of global energy demand in 2 decades: Puri

Over the next two decades, India will contribute to 35 per cent of the global increase in energy demand, Indian Minister Hardeep Puri said here on Tuesday at a multinational conference held to deliberate on the world's energy needs. The 52nd Gastech Exhibition & Conference kicked off Tuesday with strategic insights from the world's five leading energy ministers, including India's, at the George R Brown Convention Center. The event, themed 'Transforming Energy Through Vision, Innovation, and Action,' brought into focus a need for global energy stability and rapid decarbonisation. In his keynote address, Union Minister of Petroleum & Natural Gas, Hardeep Singh Puri underscored India's increasingly dominant role in the global energy landscape. "If global demand is increasing by one per cent, ours is surging three times faster. Over the next two decades, India will contribute to 35 per cent of the global increase in energy demand," he said. He framed India's challenge as an ...

India, US to explore ways to boost cooperation across energy value chain

Union Minister of Petroleum and Natural Gas Hardeep Singh Puri held a meeting with US Assistant Secretary of State for Energy Resources Geoffery Pyatt on the sidelines of GasTech 2024 in Houston. The two leaders reviewed the existing energy cooperation and agreed to explore ways to further strengthen bilateral cooperation across the energy value chain for "just and orderly energy transition."During the meeting, Puri and Pyatt discussed how the cooperation between two nations is strengthening in the energy sector due to collaboration between the institutions and companies from India and the US.Sharing details regarding his meeting with Geoffery Pyatt, Hardeep Singh Puri stated, "Met my friend for more than three decades & US @AsstSecENR Mr Geoffery Pyatt at #GasTech2024 in Houston today.""We reviewed the existing energy cooperation & agreed to explore ways to further strengthen bilateral cooperation across the energy value chain for just & orderly energy transition. ..

Ethanol blending has saved Rs 99,000 crore forex since 2014, says Puri

17.3 mn metric tonnes of crude oil substituted, 51.9 mn tonnes of CO2 emissions averted, the minister said

No plan to mandate blending of ethanol with diesel: Hardeep Singh Puri

The government on Monday said the blending of ethanol with diesel is still at an experimental stage, and there is no plan, at present, to mandate it, as initial tests showed the formation of deposits in fuel tanks and other implications. Replying to a supplementary question in the Rajya Sabha on whether the Centre plans to mandate the blending of ethanol with diesel, Minister for Petroleum and Natural Gas Hardeep Singh Puri said, "The issue of blending ethanol with diesel is still at an experimental stage, and I can say categorically that at present there is no plan to mandate". Elaborating further, the minister said the reason is that oil marketing companies have tested up to 7 per cent of ethanol in diesel in collaboration with the Automotive Research Association of India and select original equipment manufacturers. "The initial tests have shown that there would be a reduction of flashpoint to 15 degrees Celsius with a 5 per cent ethanol blend and we require material compatibility

Not national issue: Puri on CM Banerjee's allegation at NITI Aayog meeting

Union minister Hardeep Singh Puri on Saturday played down West Bengal Chief Minister Mamata Banerjee's allegation that her mike was turned off when she was speaking at the NITI Aayog meeting in Delhi, stating that it was "not a national issue." Puri was speaking at a press conference here on the Union Budget, organised by the Gujarat BJP. Banerjee walked out of the NITI Aayog meeting claiming that her mike was muted five minutes after she started speaking. She claimed that other chief ministers were allowed to speak much longer. "I was not inside, and don't know how much time was given (for her to speak)," the Union minister told reporters when asked about the row. "But it is also said in Parliament that the mike has been turned off. It so happens that the mike is turned on when speaking. I do not know much about it. I have no idea how long she spoke. But I am certain that this is not a national issue, whether you spoke for 15 minutes or 18 minutes," he said.

Oil, gas exploration offers $100 bn opportunity: Hardeep Singh Puri

Oil marketing companies in talks with Russia for long-term deal, say officials

ONGC, Oil India, Selan on fire; Here's what fueled up to 13% rally today

Hardeep Singh Puri, minister of Petroleum and Natural Gas in India, said E&P offers investment opportunities worth $100 billion by 2030.

India's oil, gas exploration offers $100 bn opportunity, says Oil Min Puri

Oil Minister Hardeep Singh Puri on Thursday called for stepping up oil and gas hunt to cut India's reliance on imports and making available fuel at an affordable and sustainable way. Speaking at the Urja Varta conference, he said the exploration and production (E&P) sector is integral in the journey towards energy self-sufficiency, which is critical for sustained economic growth. "E&P offers investment opportunities worth USD 100 billion by 2030," he said. Stating that India's exploration and production potential still lies untapped, he said, "I find it strange that India is so heavily reliant on oil imports despite the abundant geological resources available to us." The Indian sedimentary basins hold about 651.8 million tonnes of crude oil and 1138.6 billion cubic meters of natural gas, he said. Puri said only 10 per cent of our sedimentary basin area is under exploration, which will rise to 16 per cent by 2024-end after the current bid ends. "The focus of our exploratory ...

Modi govt has increased devolution of taxes to states: Hardeep Singh Puri

On Sunday, Karnataka became the first state to raise taxes on petrol and diesel after the General Elections 2024

BPCL divestment completely off the table, says Hardeep Singh Puri

Says OMCs can consider pump price cut if global prices stay at $75-80 per barrel

Modi govt 3.0 Cabinet: Hardeep Singh Puri retains petroleum ministry

Puri had also helmed the civil aviation, and housing & urban affairs ministries, and served as the minister of state for commerce and industry in the second term of the Modi government