Oil demand in the world’s third-biggest consumer has collapsed by as much as 70% as India endures the planet’s largest national lockdown, according to officials at the country’s refiners. The estimate for Continue Reading
India, the world’s main supplier of generic drugs, said on Tuesday it will allow limited exports of the anti-malaria drug hydroxychloroquine that U.S. President Donald Trump has touted as a Continue Reading
NEW DELHI (Reuters) – India’s 21-day lockdown is set to end next week but several state leaders have called for an extension or only a partial lifting of restrictions, saying Continue Reading
Indian refiners have raised exports for prompt refined oil product cargoes, seeking buyers to offload supply quickly in a bid to offset a worsening demand-supply balance amid a nationwide lockdown. Continue Reading
India banned all exports of hydroxychloroquine, a malaria drug that President Donald Trump has repeatedly touted as a “game-changer” in the fight against Covid-19. Exports of the drug and its formulations Continue Reading
MUMBAI/DHAKA (Reuters) – Millions of Indians turned off their lights and lit up balconies and doorsteps with lamps, candles and flashlights on Sunday, in response to Prime Minister Narendra Modi’s Continue Reading
Prime Minister Narendra Modi’s call to Indians to switch off lights Sunday evening for nine minutes and instead use candles to “challenge the darkness” of the coronavirus outbreak will mean Continue Reading
Prime minister Narendra Modi warned that if India did not get the next 21 days right it would risk wiping out the gains of 21 years. In South Africa, Cyril Continue Reading
Indian Oil Corp (IOC), the country’s biggest refiner and fuel retailer, has declared a force majeure on oil imports from some of its top oil suppliers, including Saudi Arabia, which Continue Reading
State-run Coal India Ltd. is considering cutting output at some mines, aligning it with a steep drop in demand from power generators amid a countrywide lockdown, according to people with knowledge Continue Reading
India has no plans to extend a 21-day lockdown to slow the spread of the coronavirus, the government said on Monday, as it struggled to keep essential supplies flowing and Continue Reading
India scrambled to squelch an exodus of desperate migrant workers from its cities, warning they could be sent to quarantine camps and assuring that food and other staples would be Continue Reading
The supply of thermal coal in India has been declared as an essential service and officials are to maintain its critical dispatch during the country’s lockdown period, Union Minister of Continue Reading
The global COVID-19 outbreak has taken hold in India slower than in other areas, though the number of cases in the country has spiked in recent weeks. The central government Continue Reading
India’s economy was sputtering even before its leader announced the world’s largest coronavirus lockdown. Now the state-ordered paralysis of virtually all commerce in the country has put millions of people Continue Reading
Significant losses expected for India airlines Traders eye higher exports as domestic demand suffers The lockdown in India has affected India’s aviation sector further amid the coronavirus pandemic as air Continue Reading
India’s prime minister ordered all 1.3 billion people in the country to stay inside their homes for three weeks starting Wednesday — the biggest and most severe action undertaken anywhere Continue Reading
India’s decision on Tuesday to lock down over a billion of its people could pose a grave threat to South Korean and Chinese gasoline exporters as a potential downfall in Continue Reading
Indians breathed easier on Monday as lockdowns ordered to combat the spread of the coronavirus in India’s megacities kept cars off the road and closed factories, improving air quality and Continue Reading
India is locking down large swaths of the country until at least the end of the month, as it seeks to control the spread of the deadly coronavirus following a Continue Reading
The coronavirus outbreak has restricted travel and slowed down industrial activity in India to the point of reducing overall fuel demand in the country by 10-11 percent in the first Continue Reading
Reliance, Nayara were top buyers of Venezuelan crude Both refiners can alter slates for new grades: Platts Analytics US, Mexican crudes can also offer some breathing space Singapore — The Continue Reading
Indian conglomerate Reliance Industries is studying the impact of the newly imposed U.S. sanctions on a unit of Russia’s Rosneft over trade of Venezuelan crude oil, and will make sure Continue Reading
India is aiming to become self-sufficient in thermal coal from the financial year 2023-2024, said Pralhad Joshi, the Union Minister of Coal and Mines Tuesday while chairing a brainstorming session Continue Reading
In a dusty northwest India desert dotted with cows and the occasional camel, a solar-power plant is producing some of the world’s cheapest energy. Built in 2018 by India’s Acme Continue Reading
One of the last bulwarks of global crude demand, India has been in the thick of national NOCs’ attention – Saudi Arabia will from now on participate in India’s Strategic Continue Reading
Firms tap window of opportunity to avail distress deals on crude, LNG meant for consumption in China A novel coronavirus outbreak in China has caused oil demand to plunge in Continue Reading
India’s government announced a multi-billion dollar package of farm and infrastructure support in its budget for 2020/21 as it blew past its fiscal deficit target for the year, but the Continue Reading
India is stepping up pressure on Qatar to re-negotiate term LNG deals and move away from oil-linked contracts as gas prices hit multi-year lows, but any flexibility in the future Continue Reading
India’s Tata Group is making its biggest push yet toward clean vehicles with plans to make electric cars and batteries, set up charging stations and build a battery recycling plant, Continue Reading
The manufacturing of HCFC-22, a refrigerant used in air conditioners, releases a greenhouse gas byproduct. Reducing this gas would be one of the least expensive methods to address climate change. Continue Reading
Pakistan on Monday approved the import of 300,000 tonnes of wheat to relieve a shortage of flour supplies that has created a crisis for the government of Prime Minister Imran Continue Reading
India and the United States will discuss India’s energy security and the Asian country buying increased volumes of U.S. crude oil when U.S. President Donald Trump and Indian Prime Minister Continue Reading
Sea levels could rise by 140 centimeters in Bangladesh by 2100 Bangladesh and parts of India could be hit by sea-level rise almost twice as high as previously thought due Continue Reading
The dramatic escalation of Middle East tensions and the risk of higher oil prices will likely prevent a quick recovery in India’s oil products’ appetite, which is already at multiyear Continue Reading
A brutal cold wave has swept northern India, blanketing streets in freezing fog, intensifying pollution, disrupting hundreds of flights and prompting school closures. India’s capital, New Delhi, experienced its coldest Continue Reading
Singapore — The government of New Delhi, India’s capital city, on Monday approved an electric vehicle policy aimed at combating air pollution that is projected to lower demand for transportation Continue Reading
India will surpass China to become the world’s largest energy growth driver by 2030, India’s Oil Minister Dharmendra Pradhan said at a conference on Friday. “We are on our way Continue Reading
Growth in India’s renewable energy output slumped to 5.7 percent over the seven months to October 2019, from 28.5 percent a year earlier, the country’s Central Electricity Authority said, as Continue Reading
It’s the end of the year and authorities of various caliber and standing are making oil price forecasts for next year. This wealth of information can be confusing because of Continue Reading
The members of the International Energy Agency have agreed to establish a “strategic partnership” with India that would serve as a pathway for the South Asian country’s eventual membership, the Continue Reading
Next year is expected to be a turnaround for oil demand in India, according to a new study by S&P Global Platts Analytics. With weakened demand caused by an economic Continue Reading
Throughout India, the number of days with very heavy rains has increased over the last century. At the same time, the dry spells between storms have gotten longer. Showers that Continue Reading
Half of India’s power generation capacity using coal and nuclear power is being shut down because of lackluster demand, the Indian Express reports , adding that some of the shutdowns Continue Reading
A slowdown in economic growth is increasingly taking a toll on India’s domestic consumption of diesel, which has witnessed negative year-on-year growth for two consecutive months, creating a problem of Continue Reading
Air pollution in New Delhi hit extreme levels over the weekend and into Monday. India’s government has declared a public health emergency, shut down schools and halted construction projects. NEW Continue Reading
A thick, gray pall of smog settled over India’s capital in recent days, prompting the government to ban millions of private vehicles from the streets on Monday, a day after Continue Reading
Air pollution in New Delhi and surrounding towns reached the worst levels so far this year on Sunday, with authorities in the world’s most polluted capital city has already declared Continue Reading
Worshippers braved the smog to enter the polluted River Yamuna as part of the Hindu religious festival of Chatth Puja Air pollution in the north of India has “reached unbearable Continue Reading
If there was a gold medal for bad air, Delhi would be hard to beat. Yet, despite high levels of air pollution, more than 30,000 people, many wearing masks, took part Continue Reading
