India will “definitely” not cut off entirely its crude oil imports from Iran, but it expects to have more clarity on its oil purchasing strategy amid the U.S. sanctions on Continue Reading
India passes China by the middle of the next decade as the country with the biggest appetite for oil and its refineries can’t keep up, Wood Mackenzie found. Economists at Continue Reading
Despite high prices in international markets, imports continue to rise — and there’s no letting up on that front. After a dip in FY 2017, overall coal imports increased 10 Continue Reading
India’s coal imports appear headed for another strong month in August, raising the question as to why the usually cost-sensitive market hasn’t scaled back purchases given a surge in prices Continue Reading
A new report by Power Technology shows that India is taking the race very seriously, with five of the nine largest solar installations in the world. China and the U.S. Continue Reading
A cheaper rupee could increase India’s crude oil bill by as much as US$26 billion in FY 2018/19, according to Indian government officials. The currency hit a low of 70.32 Continue Reading
State-run refiner Indian Oil Corporation’s gross refining margin spiked 136% year on year to $10.21/b over April-June on inventory gains, the company said Saturday. Receive daily email alerts, subscriber notes Continue Reading
Indian Oil Corp, the biggest refiner in India, has purchased a total of 6 million barrels of U.S. crude oil for delivery between November and January, as it has started Continue Reading
Source: U.S. Energy Information Administration, International Energy Outlook 2018 (IEO2018) India’s economic development is likely to have a considerable impact on future international energy markets—including U.S. energy exports—because of the Continue Reading
ExxonMobil is close to discovering huge oil reserves in Pakistan near the border with Iran, and those reserves could even be larger than the oil reserves of Kuwait, the Pakistani Continue Reading
