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HomeIndia

India

Crude Oil News

G7-led coalition sets price cap on Russian oil products

February 5, 2023 Mariel Alumit

​WASHINGTON, Feb 3 (Reuters) – The Group of Seven rich nations, the European Union and Australia have set price caps for Russian diesel and other refined petroleum products to keep markets supplied while limiting Moscow’s […]

New York
Crude Oil News

The New York Times Just Admitted That The West’s Anti-Russian Sanctions Are A Failure

February 3, 2023 Mariel Alumit

Neither the New York Times, the Western experts that writer Ana Swanson cites, nor the IMF can credibly be accused of being “Russian-friendly”, let alone so-called “Russian propagandists” or even “Russian agents”, which thus confirms […]

Russia
Crude Oil News

Russia’s Sanction-Proof Trade Corridor to India Frustrates the Neocons

February 3, 2023 Mariel Alumit

Russia, Iran, and India are speeding up efforts to complete a new transport corridor that would largely cut Europe, its sanctions, and any other threats out of the picture. The International North-South Transport Corridor (NSTC) is […]

Forum
Electric Vehicles

Four key takeaways from the World Economic Forum 2023

January 23, 2023 Mariel Alumit

The World Economic Forum (WEF) held its annual meeting in Davos, Switzerland last week against a backdrop of global inflation and recessionary risks. However, despite the doom and gloom, there were some interesting takeaways. – […]

India
Aljazeera International

India says no ‘conducive atmosphere’ for talks with Pakistan

January 20, 2023 Mariel Alumit

Islamabad, Pakistan – Days after Pakistan offered to hold talks with archrival India, New Delhi says the atmosphere for dialogue is not conducive yet. “India’s position has remained clear and consistent. We desire normal neighbourly […]

Shipping
Offshore

Shipping Corporation of India to retrofit ships to green hydrogen

January 20, 2023 Mariel Alumit

Home Hydrogen Shipping Corporation of India to retrofit ships to green hydrogen The Shipping Corporation of India (SCI) will be required to retrofit at least two ships to run on green hydrogen or other green […]

audi Arabia Says open to settling Trade in other Currencies
Crude Oil News

Saudi Arabia Says Open to Settling Trade in Other Currencies – Another blow to the U.S. Dollar

January 19, 2023 Mariel Alumit

Saudi Arabia is open to discussions about trade in currencies other than the US dollar, according to the kingdom’s finance minister. “There are no issues with discussing how we settle our trade arrangements, whether it […]

Oil
Crude Oil News

Big Oil Is Eyeing India For Big Investments

January 16, 2023 Mariel Alumit

U.S. oil majors Exxon Mobil Corp and Chevron Corp—along with France’s TotalEnergies, are taking a long, hard look at upping their investments in India’s oil and gas exploration and production sector, India’s oil minister said […]

Price
Electrical Generation / Utilities

Lenders pick PFC-REC offer for Lanco Amarkantak Power

January 11, 2023 Mariel Alumit

The PFC-REC team received 95 per cent of lender votes by value of debt, while Adani Power secured 17 per cent, people cited above told ET. The voting percentages need not total up to 100 […]

India
ESG

India invests $2.3B in green hydrogen

January 10, 2023 Mariel Alumit

BENGALURU, India — The government has approved $2.3 billion to support production, use and exports of green hydrogen, aiming to make India a global hub for the nascent industry. The funding, announced last week is […]

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