India | Egypt Oil & Gas

Iran Allows Two Indian LPG Carriers Through Strait of Hormuz Amid Blockade

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 ...

Trump Announces 168,000 bbl/d Refinery Project at Brownsville

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 Reaffirms Energy Strategy Amid Questions Over Russian Oil Imports

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 Rescinds Punitive Tariffs on India Following Shift in Russian Oil Imports

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 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 Bn 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 ...

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