India mulls merger of 13 state-run firms into oil giant
Should India proceed with a merger of 13 state-held oil companies, the Indian giant would be able to compete with the likes of Rosneft and BP on terms of size. Continue Reading
India Taking Advantage Of Crude’s Weakness
India Oil If you’re looking for evidence that this is a great time to be a major oil buyer, look no further than India. Indian Prime Minister Narendra Modi maybe Continue Reading
India First Quarter Oil Demand Grows at Fastest Pace in a Decade
India consumed 48.5 million tons of oil products in April-June Diesel demand expanded 4.7 percent, gasoline at 10 percent India’s oil demand in the three months of the financial year Continue Reading
NASA Data Shows Toxic Air Threat Choking Indian Subcontinent
Geography, climate worsen haze across the Indo-Gangetic plain Cities such as New Delhi being left to battle to clean air The mega-city of New Delhi has tried everything from banning Continue Reading
Top Indian Refiner Plans $6 Billion Expansion as Demand Climbs
IOC aims to boost refining capacity by 30% over next 6 years Country’s capacity may reach 340 million tons by 2030: Singh Indian Oil Corp. will spend about 400 billion Continue Reading
India’s $13 Billion Pay Rise Seen Lifting Oil Demand on New Cars
Country expected to pass Japan as world’s 3rd largest oil user Auto industry to benefit as workers buy personal transporation India’s $13 billion pay increase for federal employees will boost Continue Reading
Cheap Oil Prompts ONGC’s Biggest Crude Exploration Binge
Explorer to begin largest-ever development drilling program Oil and Natural Gas Corp., India’s biggest explorer, is preparing to spend on its biggest ever crude binge as sub-$50 oil halves the Continue Reading
Slavery At Sea: The Ugly Underbelly Of Oil Shipping
The words “slavery” and “oil”, when used together, are usually reserved for use in the context of palm oil, but the offshore oil and gas industry isn’t immune to modern-day Continue Reading
Monsoon to wash away diesel demand surge
India’s monsoon is expected to dump above-average rainfall on the South Asian nation after two years of drought, cutting its use of diesel for irrigation pumps and generators over the Continue Reading
India’s Apr-May thermal coal imports via 12 major government ports rise 1.3% on year
India’s 12 major government-owned ports handled around 18.33 million mt of imported thermal coal over April-May, up 1.3% from 18.09 million mt in the same period a year ago, according Continue Reading