Petroleum Minister

Houston, Sep 19 Petroleum minister Hardeep Singh Puri lauded India's economic growth under Prime Minister Petroleum Minister Hardeep Singh Puri praised India’s economic advancements under Prime Minister Modi, stating the nation climbed from the 10th to the 5th largest economy, surpassing the UK by 2019. Modi, saying the country has advance..

Hardeep Singh Puri returns as Minister of Petroleum and Natural Gas. What to watch out for from this term?

Hardeep Singh Puri was first appointed as Minister of Petroleum and Natural Gas in 2021. In Modi’s second-term Puri also held the position of Minister for Housing and Urban Affairs.

Need affordable oil prices for masses: Dharmendra Pradhan to producers

Addressing a plenary session on 'Supply and Demand Challenges for Oil, Gas and Products' at the 22nd World Petroleum Congress in Istanbul, he said the rising middle class of emerging Asian countries like India will drive the demand for energy both in terms of electricity and cooking, and transportation fuel.

Pradhan visits LyondellBasel, Channelview petrochemical plant

During his visit yesterday, Pradhan was accompanied by Consulate General of India in Houston, Dr Anupam Ray, Senior Officials from Oil and Gas sector, Indo-American Chamber of Commerce of Greater Houston (IACCGH).

Pradhan to showcase India's oil, gas field discoveries in US

Pradhan and Russia's energy minister Alexander Novak will be among those to address the international gathering of industry, policy and financial leaders at CERAWeek 2017, organised by the UK-based IHS Markit from March 6 to 10.

RBI may consider extending deadline for reduced MDR: Pradhan

Petroleum Minister Dharmendra Pradhan today said RBI may consider extending deadline for reduced Merchant Discount Rate (MDR) charges at petrol pumps beyond March 31 to promote digital transaction.

Keeping close watch on oil mkts after OPEC decision: Pradhan

India is "watching" global oil markets after oil cartel OPEC decision to cut production for the first time since 2008 led to a surge in oil prices, Petroleum Minister Dharmendra Pradhan said today.

Centre to invest Rs 15,000 cr to expand Panipat refinery

Also, an ethanol plant would be set up at a cost of Rs 500 crore by the Indian Oil Corporation in Panipat to generate alternative fuel from agricultural residue which would boost agriculture sector, the Petroleum Minister said.

LPG not just gas, its catalyst for social change: Pradhan

The cooking gas is now being seen as a catalyst for social change and not merely as a source of profit, Petroleum Minister Dharmendra Pradhan said adding that it can help poor villagers with clean and green energy.

Dharmendra Pradhan pitches for cut in oil cess

After oil producers including state-owned ONGC and private sector Cairn India pleaded for reduction in cess, the ministry had written to Finance Ministry to revise the rate to 10-12 percent ad-valoren or alternatively consider introducing of a graded system of cess rate.

Farmers baton-charged for protesting auction of oilfields

The farmers, who were protesting under the aegis of RTI activist Akhil Gogoi led Krishak Mukti Sangram Samiti (KMSS), were demanding exclusion of the 12 blocks in Assam and withdrawal of FDI in oil sector.

Pradhan visits Bangladesh to further energy ties

The visit from April 17-19 "is aimed at following up on the ambitious agenda set between India and Bangladesh during the visit of Prime Minister Narendra Modi to Bangladesh in June last year," an official statement said here.

Nalco eyes JV route for 5-lakh tn aluminium plant in Iran

Nalco CMD T K Chand, who was part of the delegation led by Petroleum Minister Dharmendra Pradhan to the Islamic country, met a top Iranian official yesterday and discussed the feasibility of setting up such a plant in the Chabahar Free Trade Zone (FTZ), a senior official said.

PM to take call soon on developing Chabahar port: Gadkari

The Road Transport and Highways Minister was talking to media after chairing a high-level meeting on Chabahar port, attended by Railways Minister Suresh Prabhu, Petroleum Minister Dharmendra Pradhan, National Security Advisor Ajit Doval and Foreign Secretary S Jaishankar among others.

Will fix formula for premium on gas pricing soon: Pradhan

The Modi government's Make in India policy will take manufacturing to new heights and there will be a huge requirement of energy, Pradhan said, adding that as per the estimates in the next 15 years there will be huge demand for petroleum products.

India to gain from oil price fall post-Iran deal: Pradhan

India is the world's fourth largest oil consumer and also the second biggest buyer of Iranian oil after China, importing about 11 million tonnes of crude oil in 2014-15. However, Pradhan remained non-commital on whether India will increase imports from Iran after restricting it at 11 million tonnes in the past two fiscal.

Air India connects Bhubaneswar to foreign destinations

The long awaited international air service from the capital city of Odisha was launched on Friday with the first overseas flight taking off from the Biju Patnaik International Airport.

Hydro-carbon vision document for Northeast: Oil Minister

This vision document will cover all natural resources available in the Northeast, as well as on possibility of finding hidden natural assets like oil and gas

Oil Minister Pradhan wants ONGC to ramp up output

Petroleum Minister wants ONGC to increase production to reduce dependence on import. India imports 77 percent of its oil requirements.

'Nothing concrete has emerged in corporate espionage case'

"Nothing concrete" has emerged yet in the Delhi Police probe into the classified documents theft case, government said in Lok Sabha on Monday asserting that no one would be spared in it

57 cases of oil pilferage detected this fiscal: Govt

During the current fiscal till February, 57 incidents of were detected and the cases are being pursued by the concerned oil marketing companies, Petroleum Minister Dharmendra Pradhan said in Lok Sabha during Question Hour.

5 held for leaking documents of Oil Ministry

Delhi Police Commissioner B S Bassi said the documents were photocopied and leaked in return for money and the investigators will soon apprehend the recipients of the papers.

BPCL, HPCL fall on Moily's hint at 'no diesel price hike'

Moily said that the dual-pricing of diesel is not worrying. "At present the state transport undertakings (STU) are purchasing diesel at market real prices without any subsidy," he said in an interview to CNBC-TV18.

ONGC, Cairn battle over capex of new exploration activities

There seems to be a new area of disagreement between ONGC and Cairn. ONGC says it doesn‘t want to share the capex when new exploration activities are carried out, while Cairn says the production sharing contract (PSC) stipulates that ONGC has to share 30 percent of the capex that is incurred.

Moily asks oil firms to float tenders for ethanol

With just less than half the ethanol procured so far for doping with petrol, petroleum minister M Veerappa Moily on Monday asked oil firms to float tenders for remaining quantities this month and tie-up supplies at the earliest.