Indian Oil Corporation and Bharat Petroleum Corporation Limited have suspended purchases of Russian crude oil. The two large refiners are awaiting more clarity on the EU sanctions regime. India, the Continue Reading
India will further diversify its oil imports to better prepare for future OPEC+ production cuts that raise oil prices and tighten supply for the world’s third-largest crude oil importer, Indian Continue Reading
This summer’s destructive floods have left 21 million Pakistanis in desperate need of help weeks after flooding peaked, and the United Nations is still scrambling for resources to deliver life-critical Continue Reading
India, the world’s third-largest crude oil importer, is looking to lock in term purchase contracts with crude producers, expecting a redirection of trade flows and a tighter market when the Continue Reading
Highlights To add 4,365 MW of coal-fired capacity in coming months Share of coal in electricity to double to 17%, thermal imports jump Gas supply may be diverted to industrial Continue Reading
A labourer works inside a coal yard on the outskirts of Ahmedabad, India, April 6, 2017. REUTERS/Amit Dave LONDON, Sept 28 (Reuters) – India’s electricity supply appears much more comfortable Continue Reading
Apple Inc (AAPL.O) said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some of its production away from China. The company launched Continue Reading
Government signed ‘very tough’ agreement with the IMF, he says Nation ravaged by disaster, and political, economic turmoil WATCH: Pakistan Prime Minister Shehbaz Sharif made an urgent appeal for debt Continue Reading
India’s thermal coal imports from Russia are expected to fall for the first time in four months in September, two research consultancies said, potentially resulting in lower revenues for Moscow Continue Reading
In September, Indian refiners are not expected to buy any ESPO crude from Russia because of the higher shipping rates. African and Middle East crude becomes more attractive as shipping Continue Reading
The death toll from malaria and other diseases tearing through Pakistan’s flood-ravaged regions reached 324, authorities said on Wednesday, and actress Angelina Jolie said she feared many people she had Continue Reading
India purchased some of the nation’s most expensive liquefied natural gas shipments ever after vital Russian deliveries were canceled. GAIL India Ltd. bought several LNG cargoes for delivery between October Continue Reading
Pakistan State Oil Co., the nation’s largest fuel importer and retailer, is planning to build a $500 million LNG terminal as part of its strategy to diversify into multiple businesses. Continue Reading
Indian prime minister Narendra Modi has told Russian president Vladimir Putin that now is “not an era of war”, in some of his most pointed public remarks yet about Russia’s Continue Reading
Underlining Russia’s widening isolation on the world stage, Prime Minister Narendra Modi of India told President Vladimir V. Putin on Friday that it is no time for war — even Continue Reading
Harish Pullanoor spent his weekends in the late 1980s tramping around the marshes and ponds of Yemalur, an area then on the eastern edge of the Indian metropolis of Bengaluru, Continue Reading
Saudi Arabia emerged as the second-biggest oil supplier to India after a three-month gap, overtaking Russia by a thin margin, while Iraq retained the top spot in August, data from Continue Reading
India is fast catching up with China in its thermal coal imports, as the world’s two biggest overseas buyers of the power generation fuel adjust purchases to align them with Continue Reading
Farmers stranded by unprecedented floods that have submerged huge swathes of Pakistan are running low on feed for their cattle, officials said on Tuesday, as airdropping supplies proved a difficult Continue Reading
Authorities in Pakistan are scrambling to protect a vital power station supplying electricity to millions of people against a growing threat of flooding, officials said on Monday, taking steps such Continue Reading
A worker carries coal in a basket in a industrial area in Mumbai, India May 31, 2017. REUTERS/Shailesh Andrade/File Photo NEW DELHI, Sept 12 (Reuters) – India may need up Continue Reading
Illustration: Itziar Barrio Gautam Adani’s fortune is gaining on that of Jeff Bezos and Elon Musk. Creating a global empire to match may prove harder, though, beyond the political connections Continue Reading
India imposed controls on exports of several varieties of rice on Friday, in a move likely to affect the global market for one of the most commonly eaten staple foods Continue Reading
Amid skyrocketing inflation, India has increased its imports of Russian crude oil as other countries are attempting to fix the price to restrict Russia’s oil revenues. “In a situation where Continue Reading
The town of Khairpur Nathan Shah was flooded suddenly one-night last week when embankment defenses in the area gave way under the volume of water pushing against them. —This used Continue Reading
Highlights India’s 2022 LNG imports to drop 13% on year: S&P Global Demand destruction sets in amid high prices Players forced to ration supplies, optimize current term supplies LNG imports Continue Reading
India extended a deadline for coal-fired power plants to install equipment to cut sulphur emissions by two years, the government said in a notification on Tuesday, marking the third push Continue Reading
India’s minister of petroleum and natural gas, Hardeep Singh Puri, said most of his country’s crude oil supplies in the near future will come from the Gulf countries, including Saudi Continue Reading
Every year, as the weather warms, teams of Indian scientists trek the Himalayan mountains to study the Chhota Shigri glacier in India’s northern state of Himachal Pradesh. For the past Continue Reading
Over 1,000 Dead in Pakistan’s Deadly Monsoon Flooding in Pakistan from the highest rainfall in more than three decades has killed at least 1,000 people since June and caused more Continue Reading
Tens of thousands of people fled their homes in northern Pakistan on Saturday after a fast-rising river destroyed a major bridge, as deadly floods cause devastation across the country. Powerful Continue Reading
s High gas prices impede infrastructure growth India’s 2022 LNG imports set to drop 12% on year: S&P Global Rationing of supplies amid tight availability Lofty global LNG prices and Continue Reading
India’s major shift in its oil purchasing pattern last month from Russia to Saudi Arabia is unlikely to be sustained. The scale and scope of the pivot towards Russia and Continue Reading
Private firms and state-held Oil and Natural Gas Corporation (ONGC) pumped less oil from some of their fields in India in July, driving total domestic Indian crude oil production down Continue Reading
Many global oil traders and banks have stopped dealing with Indian refiner Nayara Energy, a Rosneft (ROSN.MM) affiliate, as they are worried about Western sanctions over Russia’s invasion of Ukraine, Continue Reading
Indian Prime Minister Narendra Modi boldly declared that his country was ready to “feed the world” after Russia’s invasion of Ukraine. Less than four months later, the government needs to Continue Reading
Floods and landslides triggered by intense monsoon rains killed at least 50 people in northern and eastern India over the last three days, officials said on Sunday. The rains overwhelmed Continue Reading
Indian Prime Minister Narendra Modi boldly declared that his country was ready to “feed the world” after Russia’s invasion of Ukraine. Less than four months later, the government needs to Continue Reading
Commuters brave a heat wave in Allahabad in India’s Uttar Pradesh state on June 7. Air conditioners in the Himalayas and fans for the cows: How communities in India and Continue Reading
India has ramped up imports of Russian coal since Ukraine war June customs data shows non-dollar payments now common Chinese yuan, Emirati dirham trades becoming more popular Banks and traders Continue Reading
Total rice planted area has shrunk 13% due to lack of rainfall Traders are concerned that India may restrict rice exports Workers clean rice paddy at a wholesale market in Continue Reading
Highlights Cabinet approves $1.6 billion investment to develop oil block in Brazil New Delhi open to equity oil opportunities in other Latin American countries India’s aging fields struggling to keep Continue Reading
China’s “precarious” debt trajectory and its slowing population growth mean it could be eclipsed by India as the world’s most important buyer of minerals in a decade, according to Dambisa Continue Reading
Gasoline and gasoil sales by Indian state refiners in July fell from a month earlier as monsoon rains restricted mobility and construction work while high inflation curtailed overall demand for Continue Reading
The entry of renewable energy sources should not be viewed as a threat to coal’s standing at least in the immediate future as coal would continue to fuel India’s electricity Continue Reading
Sri Lanka is suffering through both an economic and energy crisis, with foreign exchange reserves at a record low and fuel supplies set to run out at any moment. The Continue Reading
Asian nations are letting up on discounted Russian oil exports, with Bloomberg data showing a 13% decline over the past four weeks as Chinese and Indian demand ease, chipping away Continue Reading
India’s economic activity showed early signs of cooling off in June as acute price pressures, rising interest rates, and a falling rupee dampened sentiment after a strong showing the previous month. Softer Continue Reading
India’s gasoline and diesel sales during the first half of July dropped from last month as seasonal rains curtailed demand in the world’s third-biggest energy consumer, that could help keep Continue Reading
Since the start of the war in Ukraine, the United States and its allies have leaned on countries to buy less Russian oil in a bid to punish Moscow for Continue Reading
