Can India Really Shut Down Oil Supply To China?
Threats to oil shipping routes are nothing new to the oil market. It has endured Iran seizing tankers in the Strait of Hormuz , and it has endured Iran’s repeated Continue Reading
Analysis: India delaying flight restart to weigh on jet fuel demand
India has deferred the resumption of international commercial flights until July 31 from its previous announcement of July 15 while also curtailing some domestic flights, marring the prospects of an Continue Reading
With nearly 700,000 coronavirus cases, India is third worst-hit country
India has over-taken Russia with the world’s third-highest number of novel coronavirus cases, at nearly 700,000, according to the latest data, as the outbreak shows no sign of slowing. Health Continue Reading
India Growth Forecast Cut Again at Citi as Virus Cases Surge
Citigroup Inc. sharply lowered its forecast for India’s economy as the coronavirus pandemic shows no sign of slowing. The nation’s gross domestic product will contract 6% in the fiscal year Continue Reading
India’s Oil Demand from Cars to Factories Limps Toward Normalcy
The world’s fastest-growing oil market is showing an uneven recovery two months after easing demand-destroying virus-control measures. Provisional fuel sales in June had climbed within 88% of 2019 levels from less Continue Reading
India Confident Fuel Demand Will Return To Normal By September
Fuel demand in India, the world’s third-largest oil importer and third-largest oil consumer, is set to rebound to pre-crisis levels by the end of September, Indian Oil Minister Dharmendra Pradhan Continue Reading
Millions of Workers Fled India’s Cities and Don’t Want to Return
From March through May, around 10 million migrant workers fled India’s megacities, afraid to be unemployed, hungry, and far from family during the world’s biggest anti-Covid lockdown. Now, as Asia’s third-largest Continue Reading
India Stocks Drop as Virus Cases Rise and States Extend Curbs
Indian stocks dropped on concern that increasing coronavirus infections and the extension of restrictive measures in some states will hinder a recovery in Asia’s third-biggest economy, which has just begun Continue Reading
India Scrambles To Keep Up With Soaring Fuel Demand
India’s refinery capacity utilization picked up in May to an average of 77 percent after the world’s third-largest oil importer started to ease the nationwide lockdown, data from the oil Continue Reading
India Looks To End Decades-Old State Monopoly On Coal Mining
ndia has taken an historic step towards ending the state monopoly on the mining and selling of coal by auctioning 41 mines in the country, a move that allows private companies Continue Reading
India Takes Big Leap In Solar Development With $6 Billion Deal
India’s onward march to boost its renewable energy capacity and build domestic capacity for making solar equipment got fresh impetus when Adani Green Energy Ltd won a bid to make Continue Reading
India Looks To Double Oil Refining Capacity By 2030
The world’s third-largest crude oil importer, India, plans to double its refining capacity by 2030 from the current 5 million barrels per day (bpd), Oil Minister Dharmendra Pradhan said at Continue Reading
Delhi accused of under-reporting coronavirus deaths
New Delhi’s regional government has been accused of under reporting coronavirus deaths as the country eases its strict lockdown in an attempt to kick-start the economy. Senior doctors and hospital executives Continue Reading
Analysis: India’s oil demand has a long and painful road to recovery ahead
India’s oil demand has rebounded from levels witnessed during the lockdown, prompting refiners to raise throughput, but consumption will struggle to recover to year-ago levels in coming months and keep Continue Reading
Indians Shopping Only for Essentials Despite Economy Reopening
Businesses in India from car dealers to clothing retail chains are ready for customers as the economy reopens, but shoppers are holding back. “While the supply situation seems to be nearly Continue Reading
Why Big Oil Is Investing In India
After a brief hiatus following the signing of the Phase One Trade Agreement in January, tensions between Washington and Beijing have once again reached a fever pitch. The two countries Continue Reading
India’s Top Refiner Looks To Import 24 Million Barrels Of U.S. Oil
Indian Oil Corporation (IOC), the country’s biggest refiner and fuel retailer, has issued a tender to import a total of up to 24 million barrels of crude oil from the Continue Reading
‘Worse Than a War Zone’: Covid-19 Batters India’s Mumbai City
The densely populated and prosperous metropolis is at the center of India’s worsening coronavirus outbreak Volunteers carried the body of a Covid-19 victim at a graveyard in Mumbai this month. Continue Reading
Delhi reserves hospital beds for residents as virus cases surge
The city of New Delhi on Sunday ordered many of its hospital beds to be reserved solely for residents of the Indian capital, as the number of COVID-19 infections continued Continue Reading
India overtakes Italy’s coronavirus tally as lockdown easing looms
India reported a record 9,887 new coronavirus cases in one day on Saturday and overtook Italy as the world’s sixth-biggest outbreak, two days before the relaxing of lockdown with the Continue Reading
Mumbai streets deserted as India’s biggest city braces for cyclone
Bracing for the first-ever cyclone to hit Mumbai in living memory, people in India’s most populous metropolis stayed off the streets and scrambled to protect their homes before the torrential Continue Reading
Indian states rush to identify high-risk zones to remain in lockdown
Indian states on Sunday began identifying high-risk zones where coronavirus lockdowns should continue while the rest of country gears up to reopen in June despite a record rise in COVID-19 Continue Reading
Its Coronavirus Caseload Soaring, India Is Reopening Anyway
Its coronavirus cases are skyrocketing, putting it among the world’s most worrisome pandemic zones in recent weeks. Nonetheless, India is reopening, lifting its lockdown at what experts fear may be the Continue Reading
‘Overtaken by Aliens’: India Faces Another Plague as Locusts Swarm
Magan Doodi, a groundskeeper at a golf course in Jaipur, was making his rounds earlier this week when he saw the sky suddenly turn a weird pink. It wasn’t some Continue Reading
India Bracing to Battle Locust Invasion Ahead of Monsoon Sowing – Bloomberg
Indian authorities are helping farmers mount a pesticide spraying campaign to fight the swarms of desert locusts which have already devastated crops across Pakistan and East Africa. As many as 700 tractors, 75 fire Continue Reading
The largest lockdown in the world is ending. India is bracing for what come…
The flight attendants are wearing full protective gear, and some passengers face quarantines at their destinations. But for the first time in months, India’s skies are open. The resumption of Continue Reading
India Sees Fuel Demand Reaching Pre-Virus Levels In June
India’s fuel demand, which had crashed by 60 percent during the early days of its two-month lockdown, is set to reach pre-coronavirus levels in June, Indian Oil Minister Dharmendra Pradhan Continue Reading
India domestic flights to resume, but coronavirus cases rise
Domestic flights will resume across India on Monday after a day of “hard negotiations”, the federal civil aviation minister said on Sunday, after some states sought to limit the number Continue Reading
Most of India Coal Plants May Miss Emission Deadline, Study Says
A majority of India’s coal-fired power stations may miss deadlines to curb toxic emissions, hurting efforts to curb air pollution, according to non-profit group Centre for Science and Environment. As much Continue Reading
Cyclone Amphan: Survivors return to face destruction left by storm
Millions of people across Bangladesh and eastern India are taking stock of the devastation left by Cyclone Amphan. A massive clean-up operation has begun after the storm left 84 dead and Continue Reading
World’s Third Largest Oil Consumer Sees Very Slow Demand Recovery
Crude oil demand in India will take longer to recover than many hope for as the country braces for the worst recession in its history after a two-month lockdown. Bloomberg Continue Reading
India’s ‘Maximum City’ Engulfed by Coronavirus
The coronavirus problem that India had feared is becoming reality in Mumbai. It is India’s most densely populated city, a scraggly peninsula framed by the Arabian Sea and other waterways, a metropolis of Continue Reading
India’s farmers gather record wheat crop, but cannot move it
Late last month, Sukrampal had to beg and borrow farmhands from nearby villages to gather his part of the country’s largest-ever wheat harvest in Haryana state near New Delhi. Now Continue Reading
India’s Migrant Laborers Begin Heading Home as Coronavirus Lockdown Eases
As India eases one of the world’s tightest coronavirus lockdowns, millions of migrant workers are struggling with a question that could determine both how quickly the country’s economy recovers and Continue Reading
India’s Top Oil Refiner Boosts Operations As Demand Picks Up
As India’s fuel demand picks up from April lows, Indian Oil Corporation (IOC), the country’s biggest refiner and fuel retailer, is gradually boosting operations across its refineries and aims to Continue Reading
India’s packed trains ready to roll again despite rising coronavirus cases
Tens of thousands of people have booked out seats on Indian trains that are due to restart on Tuesday after a near seven-week lockdown, raising concerns of spreading the coronavirus Continue Reading
The One Factor That Will Determine The Size Of India’s LNG Boom
India, the fourth-largest importer of liquefied natural gas (LNG) in the world, will boost its imports by one-third over the next three years, but the import growth will depend on Continue Reading
India Prepares Large-Scale Repatriation of Workers Stranded by Pandemic
India is working with some Arab Gulf states in an effort to repatriate hundreds of thousands of migrant laborers stranded by the coronavirus pandemic, in what could become one of Continue Reading
Coal India April Shipments Fall 25.5% as Lockdown Erodes Demand
Coal India Ltd.’s shipments in April slumped 25.5% from a year earlier after more than a month-long nationwide lockdown halted economic activity, eroding demand for India’s most dominant energy source. Shipments dropped Continue Reading
Coronavirus cases in India climb towards 30,000; Pakistan mosques a growing worry
India was nearing 30,000 coronavirus infections on Tuesday, second only to China in Asia, a steady rise that would make it difficult to lift a nearly six-week lockdown that ends Continue Reading
India eases lockdown restrictions outside known hot zones.
India eased lockdown restrictions on Friday in some parts of the country, allowing markets to reopen in rural areas and outside known hot zones, and alleviating financial stress for tens Continue Reading
Mystery of India’s lower death rates seems to defy coronavirus trend
Parts of India have recorded dramatic falls in mortality rates after a nationwide lockdown was imposed to fight the new coronavirus, suggesting there has not been an undetected surge in Continue Reading
How Much Longer Will Indian Oil Demand Slump?
Merely a month ago India was perceived as one of the main potential winners of the oil price slump – with Middle Eastern differentials dropping beyond any reasonable level, its Continue Reading
Indian Refineries Slash Middle East Oil Imports As Storage Fills Up
Due to plummeting fuel demand and overflowing storage capacity, at least three oil refiners in India have asked for lower crude oil imports for May from the Middle East, including Continue Reading
Indian Oil Tanks Are 95% Full as Refiners Dump Fuel in Haste
India is quickly running out of space to store a swelling stockpile of fuel as every possible container — including those in the 66,000 pump stations nationwide — threatens to Continue Reading
India’s Electricity Demand Sees Drop Despite Factories Reopening
As parts of India’s economy started reopening in a phased manner this week, electricity demand was expected to pick up. But official data reveals a surprise drop. Electricity consumption during the Continue Reading
Low oil prices are an opportunity for India to stockpile: Fuel for Thought
Oil storage is about the only thing in demand in the crude market right now. The coronavirus pandemic has obliterated consumption and forced producers and traders to store more oil Continue Reading
India to relax some lockdown restrictions
India has laid out plans for the gradual reopening of its economy, which will permit some manufacturing, agricultural work and other activities to resume on a limited basis after April Continue Reading
India lockdown: Extension unsettles oil and gas, shipping markets
India’s move to extend a countrywide lockdown in its battle against the coronavirus pandemic will not only create more hurdles for trade flows, but also would prompt refiners to cut Continue Reading
Will India Bear the Brunt of the COVID-19 Pandemic?
If India experiences the same kind of outbreak that better-prepared nations are struggling to manage, the South Asian giant soon could find itself with millions of deaths and a ravaged Continue Reading