Saudi Arabia to Invest $100 B in India
Saudi Arabia is seeking long-term partnerships with India, with an investment of $100 billion in the country's petrochemicals, infrastructure and mining sectors, among others.
India | Egypt Oil & Gas - Part 5
India’s Iraq Oil Imports Surge in August
India’s oil imports from Iraq boosted in August by shipping around 1.32 million barrels per day (b/d).
Nigeria’s Duke Oil to Move to Dubai
Duke Oil, a subsidiary of Nigerian National Petroleum Corporation (NNPC), is reportedly shutting down operations in the UK and leaving London to set up a new office in Dubai.
Saudi Arabia to Expand Pipeline as Alternate Export Route
Saudi Arabia plans to increase the capacity of the East-West Pipeline by 40% within two years in order to avoid exporting oil through the Strait of Hormuz.
UAE to Maintain Oil Supplies to India Despite Attacks
The United Arab Emirates (UAE)’s Minister of State and the CEO of the Abu Dhabi National Oil Company (ADNOC), Sultan Ahmed Al Jaber, has confirmed that the UAE supplies of oil and liquefied petroleum gas (LPG) to ...
Saudi Arabia to Raise Oil Shipments to India
Saudi Arabia may recover part of its previous market share on the Indian market, especially after the US sanctions on Iran.
Iran, India Hold Oil Trade Talks
India was the second biggest importer of Iranian oil after China before the US sanctions more than halved Iran's oil exports to 1 million barrels per day (b/d).
India’s Imports from Iran Drop by 57% YOY in April
India has shipped around 277,600 barrels per day (b/d) in April, dropping by 31.5% from March.
India Halts Buying Iranian Oil, Awaits US Decision
Indian refineries have postponed their May orders for Iranian oil, waiting for a decision on whether the US will extend their waiver from the sanctions.
India to Lease Padur Storage Facility to ADNOC
India will lease half of its southern Padur oil storage site to Abu Dhabi National Oil Company (ADNOC).
