Venezuela can’t pay its millions of dollars in debt to Indian pharmaceutical companies, say Indian officials, so officials are considering a proposal that would see the Latin American company swap Continue Reading
Image caption The weather office has issued several warnings of “severe heat wave” conditions in recent days A city in India’s Rajasthan state has broken the country’s temperature records after Continue Reading
India hasn’t run out of luck just yet. While oil that plunged below $30 a few months ago helped India contain inflation and shrink its trade deficit, a rebound to Continue Reading
Imports at 4.39 million bbd; diesel buying at five-year high India sustained crude oil imports at a record and purchased more diesel than it has in the previous three years Continue Reading
Oil and Natural Gas Corp’s (ONGC) wells are pictured in an oil field on the outskirts of the western city of Ahmedabad, India, March 16, 2016. “India is taking over Continue Reading
Tanker India Iraq has now overtaken Saudi Arabia in crude oil exports to India, shipping some 960,700 barrels per day (bpd) to India in April, against Saudi Arabia’s 787,700 bpd Continue Reading
India’s oil product sales grew 10 percent in April, the slowest since December as growth in diesel demand decelerated. Total fuel consumption increased to 16.2 million metric tons in the Continue Reading
A raft of government initiatives has propelled India’s insatiable appetite for LPG to record highs, leading analysts to believe that growth is expected to hover close to double digit levels Continue Reading
The global oil surplus in the first half of this year will probably be smaller than previously estimated because of robust demand in India and other emerging nations, the International Continue Reading
The worst drought in decades is leaving an oil refinery in southern India parched. Mangalore Refinery & Petrochemicals Ltd. shut a crude-processing unit at its facility on Thursday because of Continue Reading
