India and Canada have signed a joint statement to enhance collaboration in the energy sector at the India Energy Week 2026 in Goa. This agreement signifies a renewed effort to bolster bilateral relations in fields like oil, gas, clean energy, and long-term investments.
The joint statement follows a bilateral meeting between India’s Minister of Petroleum and Natural Gas, Hardeep Singh Puri, and Canada’s Minister of Energy and Natural Resources, Timothy Hodgson. Hodgson’s attendance at India Energy Week 2026 is notable as it marks the first time a Canadian Minister has participated in the event.
During the meeting, both ministers officially launched the revitalized India-Canada Ministerial Energy Dialogue. They emphasized the importance of energy security and diversified supply chains for the economic growth, safety, and overall well-being of both nations.
The discussions align with the directives given by the Prime Ministers of India and Canada during their interaction at the G7 Summit in June 2025 in Kananaskis, Canada. The leaders had emphasized the necessity to resume senior-level and working-level engagements between the two countries.
India and Canada recognize the complementary nature of their energy sectors. While Canada aims to establish itself as a global energy powerhouse in both clean and conventional energy, India is emerging as a key player in the global energy market due to its substantial and increasing demand.
