India | Egypt Oil & Gas - Part 2
India to Receive First Iranian Oil in Seven Years After US Eases Sanctions
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 Reuters....
India Resumes Iranian Oil Imports After 5-Year Halt Amid Supply Disruptions
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. The oil m...
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 has ...
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. The announ...
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 and...
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 tensions t...
India’s HPCL Seeks Venezuelan Crude to Boost Heavy Oil Processing
India’s state-run Hindustan Petroleum Corp Ltd (HPCL) is planning to import Venezuelan crude oil for the first time to expand its activities in the processing of heavier grades in its new fiscal year (FY) beginning in...
India’s BPCL Secures Middle Eastern Crude Deals Amid Russian Supply Pivot
Bharat Petroleum Corporation Ltd (BPCL), the second largest Indian Oil Marketing Company, secured one-year term deals for Iraqi and Omani crude grades as Indian refiners pivot back toward Middle Eastern suppliers to m...
