Saudi Arabia to Raise Oil Shipments to India

• Monday, 20th May 2019
• by Editorial Team

Saudi Arabia may increase its crude oil market share through the Indian market, especially after the US sanctions on Iran, TradeArabia reported. Saudi Aramco will ship an additional 2 million barrels per month to Indi...

ADNOC May Join Saudi Aramco in Downstream Venture

• Tuesday, 17th April 2018
• by Editorial Team

Abu Dhabi National Oil Co. (ADNOC) plans to spend more than $109 billion over the next five years, and is in talks with Saudi Aramco for possible downstream joint ventures abroad, with a focus on Asia, Reuters reporte...

Iran to Receive $11b Investments from India

• Wednesday, 5th July 2017
• by Dr. Mahinaz El-Baz

India’s Oil and Natural Gas Corporation ONGC Videsh is aiming to invest $6b in the giant Iranian natural gas field, Farzad-B, and spend more $5b to build a liquefied natural gas export facility. The field is estimated...

India Imported 4% Less Oil from Iran

• Wednesday, 12th October 2016
• by Egypt Oil & Gas

India imported about 552,200b/d of oil from Iran during September, a 4% drop from August volumes, when the country’s Iranian imports reached a 15-year high, reported Reuters. The majority of Iranian oil went to ...

India’s Paradip Refinery to Produce Euro VI Fuel by 2020

• Tuesday, 12th January 2016
• by Egypt Oil & Gas

State-run Indian Oil Corp (IOC) aims to invest $600m in upgrading its newest Paradip refinery in the eastern state of Odisha to start producing road vehicle fuels compliant with Euro VI emission standards by April 202...