India is poised to receive its first shipment of Iranian oil in seven years, following the temporary lifting of US sanctions on Iranian crude and refined products to ease global supply pressures, according to Reut ...
India has resumed buying oil from Iran for the first time in nearly five years, as ongoing tensions in the Middle East continue to disrupt supplies, especially through the Strait of Hormuz, Reuters reported.
Iran has permitted two Indian-flagged liquefied petroleum gas (LPG) carriers to pass through the Strait of Hormuz, sources with direct knowledge said to Reuters, marking a rare exception to Tehran’s blockade that ...
US President Donald Trump revealed plans to build a new oil refinery on the southern US border, backed by India’s Reliance Industries, the operator of the world’s largest refining complex, Reuters reported.
India will continue to rely on a diversified mix of energy sources to ensure stable and affordable supplies for its consumers, Foreign Secretary Vikram Misri said, underscoring New Delhi’s focus on energy security ...
US President Donald Trump has signed an executive order rescinding a 25% punitive duty on all imports from India, the White House announced on February 6. The move marks a significant de-escalation in trade tensio ...
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 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 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 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 ...
