SF Prep Notes

Urja Varta 2025 at Bharat Mandapam: Puri outlines upstream strategy, releases India Hydrocarbon Outlook 2024-25

On 17 July 2025 at Bharat Mandapam, New Delhi, the second edition of Urja Varta, India's upstream oil and gas conclave, was held.

Summary

The second edition of Urja Varta, India's premier upstream oil and gas conclave, was held at Bharat Mandapam, New Delhi on 17 July 2025, organised by the Directorate General of Hydrocarbons (DGH) under the Ministry of Petroleum and Natural Gas with over 700 participants. Petroleum Minister Hardeep Singh Puri said India has expanded its crude import sources from 27 to 40 countries, and that HELP and amendments to the Oilfields (Regulation and Development) Act have opened nearly 1 million sq km of earlier 'No-Go' areas to exploration. Puri released the India Hydrocarbon Outlook 2024-25, the 32nd edition of DGH's flagship report. MoUs were exchanged between bp and ONGC on stratigraphic well studies, and between DGH and NIC for a cloud-based National Data Repository.

Key facts

Date / venue
17 July 2025, Bharat Mandapam, New Delhi
Edition
Second
Organiser
DGH under MoPNG; 700+ participants
Crude import sources
Expanded from 27 to 40 countries
No-Go areas opened
Nearly 1 million sq km
Report released
India Hydrocarbon Outlook 2024-25 (32nd edition)
MoUs
bp–ONGC stratigraphic wells; DGH–NIC National Data Repository

Practice MCQs 3 questions

Q1

Urja Varta 2025, held at Bharat Mandapam on 17 July 2025, was organised by which body?

Show answer

Correct answer: B — Directorate General of Hydrocarbons

PIB (MoPNG): Urja Varta 2025 was organised by the DGH under the patronage of the MoPNG.

Q2 Advanced

At Urja Varta 2025, the Petroleum Minister said India had expanded its crude oil import sources from:

Show answer

Correct answer: D — 27 to 40 countries

PIB (MoPNG): Shri Puri stated that India had proactively expanded its crude import sources from 27 to 40 countries.

Q3 Advanced

Consider the following statements about Urja Varta 2025: 1. It was the first edition of the upstream oil and gas conclave. 2. The India Hydrocarbon Outlook 2024-25 released there is the 32nd edition of DGH's flagship report. Which of the statements given above is/are correct?

Show answer

Correct answer: B — 2 only

PIB (MoPNG): the event was the second edition of Urja Varta, so 1 is wrong; the India Hydrocarbon Outlook 2024-25 is the 32nd edition of DGH's flagship report, so 2 is correct.

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