Search Result for 'oil import'

As the world's third-largest oil importing and consuming nation, India plays a pivotal role in global energy markets. In the fiscal year 2023-24, Petroleum Planning and Analysis Cell (PPAC) data revealed ...

India, the world’s third-largest oil importer, is a major market for the Organisation of the Petroleum Exporting Countries (OPEC). OPEC is an international organisation of 14 oil-exporting countries led by Saudi ...

While the ball has been set rolling for Vijay Mallya’s return to India as he has exhausted all his legal options and is now awaiting UK Home Secretary Priti Patel’s go ...

Ever since the radical Islamist Mahathir Mohammad brought down and sent to the dustbin of Malaysian politics, bilateral relations between India and Malaysia have been improving as the Muhyiddin government is ...

After winning the 2019 general election with a thumping majority, the Modi government has decided to restart the import of Iranian oil. The government stopped import of oil from Iran in ...

Saudi Aramco, the world’s largest oil producer has offered to increase oil supply to India as the imports from Iran come to halt. The state owned company of Saudi Arabia said ...

The US administration plans to impose sanctions over Venezuela and this could mean bonanza for importers of Venezuelan oil like India and China. The United States could ban the import of ...

India has recently signed an MOU with Iran to pay in rupees for crude oil imports. Indian refiners will transfer payments in rupees to Indian government owned United Commercial Bank (UCO) ...

India is likely to be among the 8 nations which are expected to get the US waiver from sanction on Iran oil imports. The US agreed to exempt 8 countries because ...

Modi government has decided to continue with the import of Iranian oil despite sanctions from the United States. Public sector refineries, Indian Oil Corp (IOC) and Mangalore Refinery and Petrochemicals Ltd ...

India is among the largest fossil fuel importers in the world. The petroleum imports make a significant impact on the import bills and foreign exchange outflow of the country. If the ...

There is not just a physical war going on in the European Continent, in the background, there is also a sanctions war fuelling the fire. Sanctions and Counter-sanctions between Russia and ...