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Petroleum Minister Hardeep S Puri urges OPEC to imbue a sense of pragmatism, balance and affordability in the oil markets

Minister of Petroleum & Natural Gas met Secretary General – OPEC, addressed the OPEC crude production cuts and its impact on global energy sector.Cumulatively, OPEC and OPEC+ have reduced the availability of oil by 4.96 mb/d (~5% of global oil de

Puri Urges OPEC To Imbue A Sense Of Pragmatism, Balance And Affordability In The Oil Markets -

Minister of Petroleum & Natural Gas met Secretary General – OPEC, addressed the OPEC crude production cuts and its impact on global energy sector. Cumulatively, OPEC and OPEC+ have reduced the availability of oil by 4.96 mb/d (~5% of global oil demand) from the market since 2022, spiking brent prices from ~$72/bbl in June to…

Oil Minister s Kuwait visit laid foundation for generous medical oxygen supply to India

Oil Minister’s Kuwait visit laid foundation for generous medical oxygen supply to India SECTIONS Share Synopsis In mid-April, as the ferocity of the Covid surge and the attendant respiratory issues became clear, MEA swung into action to procure LMO from around the world. Indian Envoys immediately started scouting around for suitable suppliers, sources told ET. ANI Minister of Petroleum & Natural Gas and Steel Dharmendra Pradhan’s visit Kuwait to meet the new Amir of Kuwait laid a foundation for boosting ties and this later turned out to be a fortuitous opportunity which would assist secure much needed Liquid Medical Oxygen (LMO) to meet demands here following second wave of Covid.

Petroleum Minister flags off 1st supply of Used Cooking Oil-based Biodiesel from IndianOil s Tikrikalan Terminal

: Wednesday, May 5, 2021, 12:19 PM IST Petroleum Minister flags off 1st supply of Used Cooking Oil-based Biodiesel from IndianOil’s Tikrikalan Terminal Minister of Petroleum & Natural Gas and Steel, Dharmendra Pradhan, remotely flagged off the first supply of UCO (Used Cooking Oil) based Biodiesel blended Diesel under the EOI Scheme from IndianOil’s Tikrikalan Terminal. Secretary, Ministry of Petroleum & Natural GasTarun Kapoor and Chairman, IndianOil S M Vaidya, were also present on the occasion. To create an eco-system for collection and conversion of UCO into Biodiesel and developing entrepreneurship opportunities, Minister of Petroleum and Natural Gas & Steel, along with Minister of Health& Family Welfare, Science & Technology and Earth Sciences, hadinitiated Expressions of Interest (EoIs) for “Procurement of Bio-diesel produced from Used Cooking Oil (UCO)” on the occasion of World Biofuel Day on 10th August 2019. And such “Expression of Interest”

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