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WEST AFRICAN OIL
Hindustan Petroleum buys 2 million bbl West African oil for Sept via tender, sources sayHindustan Petroleum Corp has purchased two million barrels of West African crude oil. This significant purchase is scheduled for delivery d...- India may charge gas users to fund planned $42 billion fuel reserves, sources sayIndia is considering levies on cooking gas and natural gas consumers to fund a proposed $42 billion multi-fuel strategic reserve programme ...
- Indian refiners buy Middle East and West African crude, sources sayIndian refiners have stepped up crude oil purchases, with Mangalore Refinery and Petrochemicals buying 1 million barrels of Oman crude thro...
- Saudi oil can still get out — but it won’t be cheap or easySaudi Arabia faces a challenge rerouting oil exports due to Houthi attacks. An existing pipeline bypasses the Strait of Hormuz, but a new d...
- This time from Africa? Economic lessons from the beautiful game, especially the African modelHigh-income nations dominate football, while lower-income countries show potential. African football academies demonstrate successful devel...
- India's crude imports remain resilient despite Strait of Hormuz tensionsIndia's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfoli...
- India eyes oil exploration expansion after Middle East war shortagesIn response to a critical energy supply crisis, India is ramping up its efforts in domestic crude exploration. The country, known for its r...
- On This Day in History, July 1: Terminator 2 premiers, Dominion of Canada is formed, Bretton Woods Conference opens, Hong Kong returns to China, Sony Walkman debuts, Princess Diana is born and other key eventsOn This Day in History, July 1 marks a date shaped by major military campaigns, nation-building, scientific breakthroughs and cultural mile...
- Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P GlobalShipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...
- Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEOThe Federation of Indian Export Organisations (FIEO) said that the conflict in West Asia suppressed India's trade volume, with exports to t...
- Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
- Gold hits over 6-month low on rate-hike concerns amid Mideast conflictGold prices dropped to a six-month low as U.S. strikes on Iran fueled oil prices and inflation concerns. This, coupled with strong U.S. con...
- BRICS and the new geography of agri-tradeIndia’s BRICS chairship in 2026 comes as agricultural trade faces new challenges beyond tariffs, including climate shocks, food-price volat...
- Indian Oil Corp buys 5 million barrels of crude from West Africa, Middle East, sources sayIndian Oil Corporation has secured a significant crude oil purchase. The state refiner bought five million barrels from West Africa and the...
- Oil cos keep bleeding, on slippery slope with Rs 600-cr loss per day despite multiple petrol, diesel price hikesPetrol, diesel price hike: Despite the latest round of increases, officials acknowledged that current retail prices are still insufficient ...
- AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
- Niger coup can blight Chinese investments in Africa’s Sahel regionChina is the second largest investor in Niger after France and in the last two decades, it has pumped in huge amount in the landlocked West...
- Saudi beats Russia to become India's second-largest oil supplier in AugustIndia, the world's third biggest oil importer and consumer, shipped in 863,950 barrels per day (bpd) of crude from Saudi Arabia, up 4.8% fr...
- India's IOC buys 4 mln barrels of crude via tenders: SourcesThe refiner bought 2 million barrels of Murban crude and another 2 million of West African crude, they added. It was not immediately clear ...
- India targets $ 40 bn trade with West Africa by 2015Sharma, who is leading a 200-member Ficci delegation here for 'India Show', said the West African region holds huge potential for Indian bu...
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