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ANGOLA OIL IMPORTS
Oil keeps flowing through Hormuz despite Iran saying it’s shutDespite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...- Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...
- Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...
- India turns to Latin American, African oil after Hormuz disruptionIndian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...
- Charting the global economy: Inflation mounts as war drags onThe Iran war is causing global economic disruption. Inflation is rising, impacting consumers and markets worldwide. The US sees its worst i...
- OPEC+ to make first post-UAE production decisionSeven OPEC+ nations are meeting to set oil production quotas -- the first decision since the UAE left the cartel. The war in the Middle Eas...
- France unveils plan to ditch all fossil fuels by 2050France has unveiled a groundbreaking roadmap to end its reliance on fossil fuels. Coal use will cease by 2030, followed by oil in 2045 and ...
- UAE's OPEC exit: With cartel cracked, oil spills over geopoliticsIn a dramatic turn of events, the United Arab Emirates has officially exited OPEC, signaling a significant transformation within the global...
- Investors dive back into frontier markets after April rallyInvestors are once again investing in risky frontier markets. These markets are showing strong gains, outperforming major indices. Money ma...
- India plugs oil gap as Middle East supplies sinkIndia is boosting Russian oil imports and reviving supplies from Africa, Iran, and Venezuela. This strategy aims to fill a crude oil gap ca...
- India's March crude imports slide on Iran war, Russian volumes hit record high, data showsIndia's crude oil imports saw a significant drop in March. Shipments from the Middle East were severely impacted by conflict, leading to a ...
- India’s Russian oil imports surge 90% amid Hormuz disruptionIndia's oil imports from Russia saw a significant 90% jump in March. This occurred as overall oil imports dropped due to supply issues in W...
- Indian Oil buys Angola, Brazil, UAE oil to replace Russian crude, sources sayIndian Oil Corp has secured 7 million barrels of oil for March loading, diversifying away from Russian supplies. The refiner is boosting im...
- India to launch big Africa outreach in NovemberIn a significant diplomatic move, India is enhancing its connections with Africa. President Droupadi Murmu is set to embark on groundbreaki...
- Russia, US curtail crude exports to India on increased demand at homeIn December, India shifted crude imports from Russia, the US, Venezuela, and Brazil to Iraq, the UAE, Kuwait, Angola, and Nigeria due to re...
- Angola invites India to invest in diamond mining and processing"Angola is looking at foreign direct investment from Indian companies to help realise the mining country's potential," Pratibha Parkar, Ind...
- ONGC Videsh loses bid to buy stake in Angola oil blockONGC Videsh Ltd, the overseas arm of ONGC, has lost bid to buy US energy major Exxon Mobil's 25% stake in a deep-sea oil block in Angola.
- ONGC eyes Exxon stake in Angolan field for $2 bnIndia's largest explorer is negotiating with ExxonMobil's Angolan arm to buy its 25% stake in an oil field for about $2 billion.
- African nations offer great opportunities to us: Murli DeoraOil minister Murli Deora, who is at the vanguard of India’s diplomatic efforts in Africa, talks to ET on his five-day visit to the continen...
- India seeks African diamonds; Ramesh to visit Angola, NamibiaCompletely dependent on imports for rough diamonds, lifeline of the 14-billion-dollar exports of the polished precious stone, India is taki...
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