India, Brazil Discuss Energy Ties And Oil Investments

08 Oct 2025 CW Team

Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved around the components that strengthen the strategic partnership between India and Brazil under the leadership of Prime Minister Narendra Modi and President Luiz Inácio Lula da Silva,” he said in a post on X.

The ministers discussed mutual cooperation in exploration and production (E&P) activities, ethanol blending, and the exchange of best practices between centres of excellence in both countries. Mr Puri highlighted that such collaboration would play a crucial role in advancing sustainable energy solutions and reinforcing the nations’ shared commitment to low-carbon growth.

Reflecting on his tenure as India’s Ambassador to Brazil (2006–2008), which coincided with President Lula’s first term, Mr Puri recalled his long-standing ties with the country and expressed optimism about deepening India–Brazil cooperation.

The discussions build on India’s ongoing engagement with Brazil in the fields of energy security, green transition, and biofuel innovation, aligning with global sustainability goals.

Earlier, Andre Aranha Correa do Lago, President-designate of COP30 and former Brazilian Ambassador to India, acknowledged India’s pivotal role in global climate negotiations, describing it as a nation uniquely positioned between the industrialised and developing worlds.

The talks between Mr Puri and Brazilian leaders underscore the strengthening strategic partnership between the two nations, particularly in the energy and climate action domains, as both seek to advance cleaner and more resilient growth pathways.

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved around the components that strengthen the strategic partnership between India and Brazil under the leadership of Prime Minister Narendra Modi and President Luiz Inácio Lula da Silva,” he said in a post on X.The ministers discussed mutual cooperation in exploration and production (E&P) activities, ethanol blending, and the exchange of best practices between centres of excellence in both countries. Mr Puri highlighted that such collaboration would play a crucial role in advancing sustainable energy solutions and reinforcing the nations’ shared commitment to low-carbon growth.Reflecting on his tenure as India’s Ambassador to Brazil (2006–2008), which coincided with President Lula’s first term, Mr Puri recalled his long-standing ties with the country and expressed optimism about deepening India–Brazil cooperation.The discussions build on India’s ongoing engagement with Brazil in the fields of energy security, green transition, and biofuel innovation, aligning with global sustainability goals.Earlier, Andre Aranha Correa do Lago, President-designate of COP30 and former Brazilian Ambassador to India, acknowledged India’s pivotal role in global climate negotiations, describing it as a nation uniquely positioned between the industrialised and developing worlds.The talks between Mr Puri and Brazilian leaders underscore the strengthening strategic partnership between the two nations, particularly in the energy and climate action domains, as both seek to advance cleaner and more resilient growth pathways.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Infrastructure Energy

05 Aug 2026

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Infrastructure Urban

05 Aug 2026

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..