India has shipped in 7.2% more oil in November, compared with a year ago, according to statistics cited by Hellenic Shipping News. According to reports, Iran’s share in the India’s overall imports declined to it...
Minister of Petroleum and Mineral Resources, Tarek El-Molla met with Ambassador of India, Sanjay Bhattacharyya to explore ways to strengthen bilateral relations between the two countries in oil, gas and petrochemicals...
India will deregulate gas prices for locally extracted natural gas and allow producers marketing autonomy during auctions for new exploration blocks, Bloomberg reports. A notice on the Indian Oil Ministry’s website de...
Industry sources told Reuters that Aramco Trading Company, a subsidiary of oil giant Saudi Aramco, has started a Singapore office to market oil products. It is believed that Nader Al-Arfaj has been hired for the job, ...
Industry analysts and executives are expecting robust margins for Asian refineries next year, buoyed by high demand for gasoline in China and India, reports Reuters. While refinery margins are not likely to return to ...
Angola’s vice president Manuel Domingos Vicente has returned from a recent visit to New Delhi, where he took part in bilateral talks with the Indian Minister of Oil and Natural Gas, Dharmendra Pradhan, reported ...
Foreign companies are in talks to buy a stake of up to 24% in the Bina refinery in India’s Madhya Pradesh state which is jointly owned by Bharat Petroleum Corp (BPCL) and the Oman Oil Company, BPCL’s chair...
The King of Morocco Mohammed VI arrived at Indira Gandhi international airport to participate in the 3rd India-Africa Forum Summit, reported the New Indian Express. He is the first major guest to arrive and was accomp...
UK solar developer Hive Energy has officially opened a new Middle East regional headquarters in Dubai, UAE, reported Trade Arabia. The office will focus on developing solar PV opportunities in the region. CEO Giles Re...
Indian refiners are preparing to deposit $700m with the United Commercial Bank to transfer the first installment of oil payments owed to Iran, informed sources told Reuters. This is ahead of the expected lifting of sa...