India’s Reliance Industries, operator of the world’s largest oil refining complex, on Friday, said in a statement it was not breaching U.S. sanctions against Venezuela. The company said that its Continue Reading
Reliance agrees to cut Venezuelan oil imports India in talks with US on Iran waiver expiring in May Iran imports hold $6-$7/b discount to US, Venezuela crudes Washington — By Continue Reading
The United States has pressed India to stop buying Venezuelan crude oil as a means of accelerating President Nicolas Maduro’s removal from office, which Washington has made its top priority Continue Reading
The United States is pressing India to stop buying oil from Venezuelan President Nicolas Maduro’s government, Washington’s top envoy for Venezuela said, as the Trump administration this week threatened more Continue Reading
The oil ministers of Saudi Arabia and India will meet on Saturday, Reuters quoted India’s Oil Minister Dharmendra Pradhan as saying on Friday. Although the Indian minister did not go Continue Reading
Just days after Saudi Arabia’s Crown Prince Mohammed bin Salman finished his charm-offensive Asian trip to Pakistan, India, and China, the ever-simmering tensions between Pakistan and India flared up again Continue Reading
India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day (bpd), as it negotiates with Washington about extending a sanctions waiver past early Continue Reading
Indian refiners processed 21.94 million mt, or an average 5.2 million b/d, of crude oil in January, down 3.6% year on year, latest data from the oil ministry showed, reflecting Continue Reading
India’s demand for electricity is expected to double in the next two decades, and coal has been long forecast to be the fuel of choice for power generation. But this Continue Reading
State-owned Indian Oil Corp (IOC) has signed its first annual deal to buy US oil, paying about $1.5 billion for 60,000 barrels a day in the year to March 2020 Continue Reading
