Kerry, Modi discuss climate challenges and forthcoming leaders’ summit
April 07, 2021
US Special Presidential Envoy for Climate John Kerry - AFP×
US Envoy for Climate also meets Dharmendra Pradhan, R K Singh
US Special Presidential Envoy for Climate John Kerry and Prime Minister Narendra Modi on Wednesday discussed climate challenges and the forthcoming Climate Leaders’ Summit to be hosted by Washington later this month.
“Discussions centred on forthcoming Climate Leaders’ Summit as well as climate issues in the context of the COP26 to the UNFCCC which is to be held later this year,” as per a tweet from Ministry of External Affairs Spokesperson Arindam Bagchi.
Oily Mess
A sharp increase in global crude oil prices has pushed retail rates of petrol and diesel to historic highs. Taxes are partly to be blamed, but reducing excise duties may not be easy for a cash-strapped government
On January 19, Minister for Petroleum and Natural Gas Dharmendra Pradhan came down heavily on oil-producing countries for going slow in ramping up supplies and artificially inflating global crude prices. A few months back we were discussing about consumption-centric economic revival, demand revival, and we are supposed to restrict our production cuts and gradually ramp up production by January - but in contradiction to that, we are now controlling oil production, Pradhan said at an energy conference organised by the Atlantic Council. India is the third-largest consumer of energy in the world and imports 85 per cent of its crude requirement every year. Prices of the Indian crude basket have gone up from $40.66 per barrel in October to a shade under $70 per barre
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Indian Oil sets up joint venture to make aluminium air batteries
March 17, 2021
Dharmendra Pradhan, Minister for Petroleum and Natural Gas×
Indian Oil Phinergy Private Ltd, a newly formed joint venture between Israeli company Phinergy and Indian Oil Corporation Ltd, plans to set up a plant to manufacture aluminium air batteries in India that will source raw materials domestically.
“The JV plans to manufacture aluminium air systems in India and provide a boost to India’s flagship ‘Make in India’ programme. At the same time, recycling of aluminium will help India in becoming ‘
atmanirbhar’ for energy requirements,” Minister for Petroleum and Natural Gas Dharmendra Pradhan said at the new company’s inauguration event on Wednesday.