India | Egypt Oil & Gas

India’s HPCL Seeks Venezuelan Crude to Boost Heavy Oil Processing

India’s state-run Hindustan Petroleum Corp Ltd (HPCL) is seeking to import Venezuelan crude oil for the first time as it plans to increase its processing of heavier grades in the new fiscal year (FY) beginning in ...

India’s BPCL Secures Middle Eastern Crude Deals Amid Russian Supply Pivot

India’s state-run Bharat Petroleum Corporation Ltd (BPCL) has secured one-year crude supply deals for Iraqi and Omani grades to compensate for imports from Russia and pivots toward Middle Eastern supply as Reuters ...

ADNOC Gas Signs $3 Billion Deal with HPCL for 10-Year Gas Supply

ADNOC Gas plc and its subsidiaries have signed a sales and purchase agreement with Hindustan Petroleum Corporation Limited (HPCL), valued between $2.5 and $3 billion over a ten-year period. ADNOC Gas has converted ...

India Mandates Weekly Crude Disclosures to Facilitate Strategic US Trade Deal

India has directed its oil refiners to submit weekly disclosures of crude oil purchases from Russia and the United States, a first-of-its-kind move intended to provide the Prime Minister’s Office with verified dat ...

JERA Signs First Long-Term LNG Deal to Supply India

Japan’s largest power generation company, JERA, has signed a 10-year liquefied natural gas (LNG) sale and purchase agreement with Torrent Power, one of India’s leading integrated power utilities. The deal, which b ...

Russia Considers Boosting Oil and LNG Supplies to China Despite U.S. Sanctions

Russia is exploring opportunities to increase oil exports to China and deepen cooperation on liquefied natural gas (LNG), Deputy Prime Minister Alexander Novak said Tuesday during a Sino-Russian business forum in ...

Egypt, India Discuss Cooperation in Petrochemicals, Mining

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Jagat Prakash Nadda, India’s Minister of Health, Chemicals, and Fertilizers; Suresh K. Reddy, India’s Ambassador to Egypt; and a delegation of In ...

Middle Eastern Oil Producers Boost Crude Supplies to India

Middle East producers Saudi Arabia, Iraq, and Kuwait are boosting crude supplies to India as Indian refiners slow Russian imports due to sanctions.

Trump Threatens Tariffs on India Over Continued Russian Oil Purchases

U.S. President Donald Trump reaffirmed that Indian Prime Minister Narendra Modi told him India will stop buying Russian oil, while warning that New Delhi would continue paying "massive" tariffs if it did not, Reut ...

Indian Companies Imports Russian Oil for September, ignoring Trump’s Threats

Indian Oil Corporation (IOC), the sate-owned multinational oil and gas company, along with Bharat Petroleum  (BPCL.NS), have secured Russian crude cargoes for delivery in September and October, marking a return to ...

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