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The Latest Breaking News from Hardeep Singh Puri

Arvind Kejriwal to address media at 4 PM over fuel pricing

Arvind Kejriwal will address fuel pricing concerns at a press conference today. He alleges petrol should cost 82 rupees per liter but is sold at 102. Union Minister Hardeep Singh Puri noted price cuts are a legitimate question now. Oil companies absorbed significant losses selling fuel below cost previously. Puri…

The Economic Times

'Will companies compensate if E-20 fuel damages older vehicles?': Arvind Kejriwal asks auto firms

Arvind Kejriwal has written to 29 auto manufacturers regarding E-20 fuel concerns. He questioned companies about compensation for mileage drops or component damage. Union Minister Hardeep Singh Puri dismissed reports of customer problems with E20 fuel. India is gradually increasing ethanol blending, with E20 already in use. The government is…

The Economic Times

Will India adopt E25 fuel soon? Hardeep Singh Puri says E20 is safe, explains the next move

Union Minister Hardeep Singh Puri dismissed reports of E20 fuel issues as misrepresentation. He stated that automobile manufacturers and consumers have accepted the E20 ethanol blend. The government will consider E25 fuel after completing tests and consulting manufacturers. Rollout of E85 fuel has recently begun, requiring new infrastructure development. India…

The Economic Times

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India eyes oil exploration expansion after Middle East war shortages

In response to a critical energy supply crisis, India is ramping up its efforts in domestic crude exploration. The country, known for its reliance on oil imports, is set to unveil extensive uncharted regions for bidding. This initiative, named 'Samudra Manthan,' aims to enhance production levels in light of rising…

The Economic Times

PM Modi unveils India's 1st integrated refinery-cum-petrochem unit with 9 MMTPA capacity, other projects

PM Modi inaugurated India's first integrated refinery-cum-petrochemical complex in Rajasthan, a significant Rs 1.06 lakh crore development. This project, a joint venture with HPCL, aims to boost energy security and petrochemical self-sufficiency. The PM also laid the foundation for the Jaipur Metro's second phase and dedicated rail doubling, road, and…

The Economic Times

Govt seeks to quell public backlash on ethanol-mixed fuel after 'experiment' remark

India's government is facing a growing backlash over its mandatory E20 ethanol-blended petrol policy. Motorists are protesting lower fuel efficiency and vehicle performance issues, amplified by the Attorney General's recent description of the policy as an "experiment." While the government denies rushing the rollout and highlights environmental and economic benefits,…

The Economic Times

E20 causes ‘minor’ drop in vehicle mileage, Puri says, as India gears up for E100 fuel

The Petroleum Minister acknowledged a minor drop in fuel efficiency with E20 petrol but highlighted improved acceleration and engine performance as key benefits. Despite consumer concerns about mileage and older vehicles, the government is pushing ahead with ethanol blending. India is also exploring higher blends like E25 and E85.

The Economic Times

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India not exporting fuel directly to Russia, any supplies are trader-led: Puri

India's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While reports suggested Moscow was importing gasoline from India to address shortages, Puri clarified that any Indian-origin refined fuel reaching Russia is likely through intermediaries. This distinction aims to address concerns…

The Economic Times

India, Iran revive energy dialogue as ministers meet on BRICS sidelines

India and Iran are exploring new avenues for energy sector collaboration, as announced by Union Minister Hardeep Singh Puri following a meeting with his Iranian counterpart on the sidelines of the BRICS Energy Ministers’ Meeting. This engagement highlights India's ongoing commitment to bolstering its energy security through strategic partnerships with…

The Economic Times

ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crude

State-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production has surpassed oil, with future growth expected to be driven by expanding gas output. Policy reforms and rising domestic demand are supporting this strategic pivot, as ONGC invests heavily…

The Economic Times

No real spike in petrol, diesel prices in India despite global crude oil market volatility: Hardeep Singh Puri

Addressing a press conference during his visit to Sonbhadra as part of the Centre's campaign marking 12 years of the Narendra Modi government, Puri further said that Sonbhadra in Uttar Pradesh is shedding its image of being a backward region and is moving towards becoming a model district.

The Economic Times

No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh Puri

Speaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India dropped by 3.1 per cent from May 2022 to May 2026.

The Economic Times

Women-led development will add 2-3% to GDP: Petroleum Minister Hardeep Singh Puri

Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Wednesday highlighted that shifting from "women-centric" to "women-led" development can significantly drive India's economic growth, will directly boost GDP growth by 2-3 per cent, as the Cabinet passed a resolution hailing Prime Minister Narendra Modi's 4,399 days in office.

The Economic Times

India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh Puri

India possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and expanding energy infrastructure provide a strong buffer. Petroleum Minister Hardeep Singh Puri expressed confidence that global supply shortages will be mitigated. Additional gas supplies will further strengthen energy security. India is well-positioned…

The Economic Times

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The Economic Times

'Ocean of energy' found in Andaman: What the new gas discovery means? Can it reduce India's import dependence?

Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a significant step in India's "Samudra Manthan Mission." This find strengthens the belief in the Andaman Basin's hydrocarbon potential, though commercial production is estimated to be a decade…

The Economic Times

E85 vs Petrol: How much does it cost, why is it cheaper, and who can use it?

India has launched E85 ethanol-blended fuel in Delhi, priced significantly lower than standard petrol. This move aims to reduce crude oil dependence and promote cleaner mobility. While fuel efficiency may decrease, the cost savings and planned expansion of dispensing stations are expected to drive adoption of flex-fuel technology.

The Economic Times

Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh Puri

India is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This move is part of India's strategy to diversify energy sources amid disruptions to global oil supplies caused by the West Asia conflict. Venezuela's vast oil reserves make it a key…

The Economic Times

India to launch E85 fuel today in push for flex fuel mobility

India is launching E85 fuel on Friday. This is an 80-85% ethanol-blended petrol. The move aims to boost flex fuel mobility across the nation. Minister Hardeep Singh Puri will attend the launch event in New Delhi. Automakers like Maruti Suzuki and Hero MotoCorp are already introducing flex fuel vehicle variants.

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The Economic Times

Government rolling out 100 ethanol fuel stations in Delhi-NCR, Maharashtra: Hardeep Singh Puri

India is expanding its network of ethanol fuel stations across Delhi-NCR, Pune, Mumbai, and Nagpur. This initiative aims to significantly reduce the country's reliance on imported fossil fuels. The government plans to increase the number of these stations to 500 by the end of 2026 and anticipates 5,000 by 2027.…

The Economic Times

Hero MotoCorp shares rise 3% as firm unveils India's first 100cc flex-fuel motorcycles. Check details

Hero MotoCorp shares gained 3%, after launching India's first flex-fuel motorcycles, the Splendor+ and HF Deluxe, supporting sustainable mobility and India's transition to cleaner fuels. These 100cc bikes are compatible with E20 to E85 ethanol blends, aiming to reduce carbon footprint and crude oil imports. The company plans a phased…

The Economic Times

'India to pilot hydrogen buses, trucks on 10 roads; Reliance, Tata, NTPC among partners,' says Nitin Gadkari

India is launching a pilot project for hydrogen-powered buses and trucks on ten roads. Major companies like Reliance and Tata are partnering in this initiative. The country aims to become an energy exporter, moving beyond imports. This marks a significant step in India's energy transition, with flex-fuel vehicles also set…

The Economic Times

Petrol, diesel price hikes in India remain 'very minor' compared with global peers: Hardeep Singh Puri

India's fuel price hikes are minor globally, with the nation ranking second lowest. This stability stems from a focused energy strategy. The government balances energy security with affordability. India is promoting ethanol blending and flex-fuel vehicles. This transition is structural, accelerating cleaner energy adoption across millions of vehicles. Such moves…

The Economic Times

Govt considering policy to support affordable adoption of E85 fuel: Hardeep Singh Puri

The Indian government is actively considering a policy to accelerate the affordable adoption of E85 fuel, a blend of 85% ethanol with petrol. This move follows the unveiling of India's first flex-fuel motorcycles compatible with E85, signaling a significant step in the nation's energy transition.

The Economic Times

HPCL, BPCL and IOC shares slide up to 3% after petrol, diesel price hike

Oil marketing company shares fell on Friday. Petrol and diesel prices saw a modest increase. This hike aims to ease financial pressure on companies. Global crude oil prices remain high due to West Asia conflicts. Prime Minister Modi urged fuel conservation. Oil Minister Hardeep Singh Puri expressed concern over companies…

The Economic Times

Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay Malhotra

India faces potential retail fuel price hikes if the Middle East conflict persists. RBI Governor Sanjay Malhotra indicated this possibility due to rising energy import costs and inflation risks. The government has already reduced duties and state refiners are absorbing losses. Prime Minister Modi urged citizens to conserve fuel. Oil…

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