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PETROLEUM EXPORTING COUNTRIES
India emerges as key diesel supplier to Europe as Russian, US flows falterIndia now supplies sixty percent of diesel transiting Bab-el-Mandeb to Europe. Russian diesel exports remain severely constrained due to on...
PM Modi urges auto industry innovation for Viksit Bharat; pushes for EV accelerationPrime Minister Modi urged the Indian auto industry to innovate for Viksit Bharat by 2047. Adviser Tarun Kapoor stressed accelerating the el...
In 2018, ACS Energy researchers studied cashew nut shell liquid as a potential diesel alternative; the biofuel may be used in compression-ignition engines after blending or processingCashew nut shells hold a remarkable oil, called CNSL, which can be utilized to fuel engines. This renewable resource presents a sustainable...
India wants tariff edge before signing final US trade deal: Piyush GoyalIndia awaits US tariff advantage for trade deal finalization. The agreement was announced on February 3, 2026, reducing US tariffs on India...
Commerce ministry discusses India-US trade performance with exporters, their issues on market accessThe commerce ministry of India is actively soliciting feedback from exporters about challenges in accessing the US market. Minister Piyush ...
Make in India achieved little but govt's 'Fake in India' continues: Cong on GDP numbersCongress leaders criticized the government's latest GDP numbers as statistical gymnastics. They claimed the "Make in India" initiative has ...
War, weather push crop prices to biggest monthly gain Since 2012Crop prices saw their largest monthly jump in over a decade. Wheat prices reached a three-year high as Black Sea shipments were impacted. S...
Trump says US inked deal with Venezuela to take control of 65 billion barrels of oil reservesThe United States has reached an agreement with Venezuela concerning oil reserves. This deal involves taking control of sixty-five billion ...
Commerce ministry meeting industry, exporters on India-US trade on September 1India's Commerce Ministry will meet industry leaders on September 1 regarding trade performance. This meeting precedes Minister Piyush Goya...
India becomes key petrol supplier to Russia as refinery attacks biteIndia has become a key gasoline supplier to Russia recently. Russian fuel imports surged due to Ukrainian drone attacks on its refineries. ...
Pipelines and ports: Iran war spurs Gulf infrastructure investmentGulf nations are investing billions in infrastructure to bypass the Strait of Hormuz. Ports, pipelines, and railways are top priorities as ...
Trump administration weighs US ownership stake in Venezuela’s vast oil reserves: ReportThe Trump administration is discussing a potential US ownership stake in Venezuela’s oil industry, Axios reported, covering more than a doz...
Canada can be India's strategic partner, says Canadian Finance MinisterCanada can be a strategic partner for India's energy and food security needs. Canadian Finance Minister Francois-Philippe Champagne highlig...
Trump says the US doesn't need Canada. America's economy says otherwiseDespite President Donald Trump’s claim that the United States does not need Canada, both economies remain deeply interdependent. Canadian o...
Food prices on the rise, domestic demand keeps economy strongIndia's economy shows resilience with improved domestic demand and strong economic activity. Food prices have seen a broad-based increase, ...
Broad-base rise in food prices despite monsoon recovery, RBI's state of economy report showsIndia's economy shows resilience with improved domestic demand and strong activity. Food prices have seen a broad-based increase, impacting...
Every country backing Iran should brace for US sanctions, warns BessentUnited States Treasury Secretary Scott Bessent announced a new sanctions campaign targeting Iran. He warned all countries have a defined ti...