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
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
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
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
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
Cities like Karachi and Quetta are seeing long queues of vehicles waiting for refill. Prices of petrol, diesel have shot up by three times. The Pakistani government has blamed oil Continue Reading
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
With shortage of major petroleum products aggravating with none of more than 80 oil companies maintaining the mandatory stocks, the authorities — both in the petroleum division and petroleum regulator Continue Reading
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 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 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
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
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 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’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
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
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
As Friday prayers began in the main mosque here last week, worshipers filled the front courtyard. Late arrivals squeezed into the back and into overflow areas, disregarding the tape on Continue Reading
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
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
Amid tight demand-supply conditions of high-speed diesel during the wheat harvesting season, the government has asked the oil marketing companies and refineries to beef up supplies of major transport fuels Continue Reading
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
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
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
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
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
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
Pakistan is likely to run out of petrol and diesel in May and June to meet local demand as the government’s lack of firmness in resolving differences over lockdown compounded Continue Reading
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 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
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
More than 500 garment factories in Bangladesh that supply to global brands reopened on Monday after a month-long shutdown to curb the spread of the coronavirus, while in India calls Continue Reading
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
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
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
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
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
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
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 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’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
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
India will be under lockdown for nearly three more weeks A day after extending a nationwide lockdown, India has relaxed restrictions on farming, banking and public works, but transport services Continue Reading
India extended on Tuesday a nationwide lockdown for its 1.3 billion people until May 3 as its prime minister warned of economic sacrifices to save lives as the number of Continue Reading
Singapore — India’s jet fuel consumption in March fell 29.86% month on month to 484,000 mt, the lowest in over five years, amid demand destruction on account of a nationwide Continue Reading
India extended its countrywide lockdown until May 3 in its battle against the coronavirus pandemic, a move that would prompt refiners to cut runs further and offer more oil product Continue Reading
Streets across India have been deserted because of the lockdown India will extend a strict nationwide lockdown imposed last month to stop the spread of the coronavirus, a top official Continue Reading
After India’s health ministry repeatedly blamed an Islamic seminary for spreading the coronavirus — and governing party officials spoke of “human bombs” and “corona jihad” — a spree of anti-Muslim Continue Reading
India is planning to restart some manufacturing after April 15 to help offset the economic damage of a nationwide coronavirus lockdown, two government sources said, even as it weighs extending Continue Reading
Seaborne thermal coal traders were unfazed and stressed the importance of imported material in India’s energy mix even as the Indian government urged end-users to keep seaborne cargoes at bay Continue Reading
Pakistan is reopening some factories amid a national lockdown to counter the deadly coronavirus pandemic as the south Asian nation expects its exports will decline by 50% in the next two Continue Reading