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Exclusive: In talks to secure crude supplies but won't rush into long-term contracts: Oil Minister

The International Energy Agency said that it expects India to be the largest source of global oil demand growth by 2030 and projects crude oil imports further to rise to 5.8 million barrels per day (mb/d) by 2030 from current 4.6 mb/d ....

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Exclusive: Retail fuel price cut possible if crude supply stays stable, says Hardeep Puri

In 2022, OMCs froze the retail fuel prices despite soaring crude oil to keep inflation in check, which dented their bottom line. However, oil prices moderated from record high in September 2023, helping OMCs return to profitability ....

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Fuel price cut news: Fuel price cut: Held no discussions with OMCs on petrol & diesel price cut, says Oil Minister Puri

India s Oil Minister, Hardeep Singh Puri, has clarified that government-owned oil marketing companies (OMCs) have not been in discussions with the Centre on possible fuel price cuts. Puri attributed the rumours of a cut in petrol and diesel prices to misinformation and a highly turbulent situation. He also stated that India is currently focused on diversifying its oil sources ....

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Oil minister Puri launches IOC's trial of green hydrogen-powered fuel cell buses | Delhi News

Initially, the two buses will ply without passengers, given that the standards for using the highly flammable hydrogen as an automotive fuel are still a work in progress.
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Bangladesh, Sri Lanka interested in importing ethanol from India

Bangladesh, Sri Lanka interested in importing ethanol from India
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