ndia will witness a sharp rise in US crude flows in the coming months and even next year as refiners consider options to sign both spot and term contracts to Continue Reading
Indian Nyara Energy has been buying Venezuelan crude oil from Rosneft and paying in fuel instead of cash to avoid a breach of U.S. sanctions against Caracas, Reuters reports, citing Continue Reading
The United Arab Emirates is finalizing talks on a $5-billion investment in a crude oil refinery project in Pakistan, local media report , with the construction of the facility likely Continue Reading
Bihar and Uttar Pradesh: Floods bring chaos More than 100 people have died due to flooding caused by heavy rains in the Indian states of Uttar Pradesh and Bihar, officials Continue Reading
India may be planning its own EV battery gigafactory, LiveMint reports, citing an unnamed government official. According to the report, the facility would cost US$4 billion to build. “We are Continue Reading
India’s oil imports from Venezuela surged to about 475,200 barrels per day (bpd) in June, more than double the previous month and highest in 21 months, data from shipping and Continue Reading
Discussions between India’s largest company, Reliance Industries, and Aramco, the world’s single biggest oil producing firm, have hit a stumbling block as the Indians want higher valuation than the Saudis Continue Reading
India’s government doesn’t plan to completely ban diesel and gasoline vehicles because continuously rising fuel demand has to be met by a combination of fossil fuels, biofuels, and electric vehicles, Continue Reading
Nearly 75 percent of power in India is still generated from coal. While coal-fired power generation is still growing, ambitious clean energy policies and falling solar costs could soon stop Continue Reading
India continues to hold technical and commercial discussions with Westinghouse for arriving at a project proposal for nuclear reactors in the state of Andhra Pradesh, Jitendra Singh, Minister of State Continue Reading
