India and the United Arab Emirates have started settling bilateral trade in their local currencies with India’s top refiner making payment in rupees for purchase of a million barrels of oil from the Middle Eastern […]
ENB Publishers Note: Sanctions do not weigh heavy on Putin’s mind. Simply put, sanctions don’t work. With China and India buying oil at $85 per barrel, this will provide the cash flow he needs to […]
NEW DELHI, March 14 (Reuters) – Indian Oil Corp (IOC.NS), the country’s top refiner, bought 3 million barrels of Russian Urals from trader Vitol for May delivery, trade sources said, its first purchase of the grade […]
“Because of the state elections, they haven’t increased the retail prices,” Debasish Mishra, partner at Deloitte, said in an interview with Bloomberg TV’s Haslinda Amin and Rishaad Salamat. NEW DELHI: Deloitte Touche Tohmatsu India expects […]
India state refiners are set to invest 2 trillion rupees ($26.96 billion) to boost oil refining capacity by 20% in Asia’s third-largest economy by 2025, junior oil minister, Rameswar Teli, told lawmakers on Wednesday. India, the world’s third-biggest […]
Singapore — India aims to accelerate setting up hydrogen supply chain infrastructure as the government strongly believes that the carbon-free fuel can play a key role in meeting the energy demand in a wide range of […]
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