Ford to stop manufacturing cars in India – sources
Ford Motor Co will stop manufacturing cars in India and shut down its plants in the country, two sources told Reuters, becoming the latest automaker to quit a market still Continue Reading
UK Pledges $1.2-Billion Support To India’s Energy Transition
The UK said on Thursday that it would help India’s green growth with a $1.2-billion package of public and private finance as it joined the Climate Finance Leadership Initiative (CFLI) Continue Reading
India’s gasoline demand seen hitting record as COVID curbs ease
India’s gasoline demand is set to hit a record this fiscal year, with consumption accelerating as more people hit the road for business and leisure travel after easing of COVID-19 Continue Reading
India’s Economy Is Healing but Battered by Covid-19 Waves
India’s economy is growing at a record pace but still digging out from one of the deepest recessions to hit any major economy during the pandemic. The country’s gross domestic Continue Reading
India’s Demand For Petrochemicals Set To Surge Tenfold By 2050
India’s petrochemicals demand is expected to jump ten times by 2050, the president of India’s Chemicals and Petrochemicals Manufacturers’ Association (CPMA) said at the CPMA – Argus Petrochemical Online Forum Continue Reading
India Won’t Be Giving Up On Fossil Fuels Any Time Soon
India’s population is projected to grow to 1.52 billion people by 2036, expectedly surpassing China to be the world’s most populous country around 2031. Despite the fact that India’s growth Continue Reading
Oman signs land deal for green hydrogen project with India’s ACME, report says
Oman has signed a land reservation agreement for a green hydrogen and ammonia project that Indian company ACME aims to set up in the Special Economic Zone at Duqm, Oman’s Continue Reading
Production Slumps By 40% At India’s Biggest Oil, Gas Deposit
Oil and gas production from India’s northwestern state of Rajasthan—home to the country’s single biggest oil and gas deposit—has slumped by 40 percent over the past two years, mostly due Continue Reading
India starts selling oil from strategic reserves after policy shift
India has begun selling oil from its Strategic Petroleum Reserve (SPR) to state-run refiners as it implements a new policy to commercialize its federal storage by leasing out space, three Continue Reading
Indian Fuel Sales Recovery Largely Intact as Delta Ravages Asia
Indian fuel consumption recovery largely held up in the first half of August, a rare positive for oil demand as the delta virus variant led to curbs on movement in Continue Reading