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VENEZUELA CRUDE EXPORTS TO INDIA
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
Abu Dhabi proposes new oil-pricing system to mirror wider marketAbu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...
Indo-Pacific, the new Gulf: Geopolitics joins petronomics to infuse the region with new energyThe Indo-Pacific region is becoming a central energy hub as the US shifts focus from West Asian oil due to ongoing regional tensions and fl...
Indian Army field hospital begins operations in quake-hit VenezuelaIn response to the catastrophic earthquakes in Venezuela, India's Operation Amistad is delivering vital medical assistance. A fully equippe...
Venezuela's largest refinery shutdown after power outage, sources sayVenezuela's largest Amuay refinery, a crucial fuel producer, faced a temporary shutdown due to a power outage following recent deadly earth...
Indian humanitarian assistance reaches quake-hit Venezuela: JaishankarIndia has dispatched crucial relief supplies, medical equipment, and a field hospital to quake-ravaged Venezuela under 'Operation Amistad'....
Venezuela quake death toll nears 1,500 as rescue work goes onRescue teams are desperately searching for survivors in Venezuela following devastating earthquakes that have claimed nearly 1,500 lives. F...
Venezuela earthquake death toll jumps to 1,500, nearly 50,000 people are still missing, over 770 buildings collapsed, looting of fuel, theft at medical facilities, even from dead add to miseryVenezuelans have not hidden their anger at the slow and meager aid coming from the authorities after the twin earthquakes that killed nearl...
Hormuz traffic eases; Iran revives crude supply pitch to IndiaMaritime traffic through the Strait of Hormuz is normalizing, with most India-bound energy shipments successfully navigating the chokepoint...
Indian Air Force C-17s carry relief materials to earthquake-hit Venezuela via Abidjan under OP AmistadIndian Air Force's Boeing C-17 Globemaster aircraft have transited through Cote d'Ivoire's capital city of Abidjan en route to Venezuela ca...
Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
Indians stand shoulder to shoulder with Venezuelans: Cong condoles loss of lives in twin quakesIndia's Congress party has expressed deep sorrow over the devastating twin earthquakes in Venezuela, offering heartfelt condolences to vict...
Oil edges lower amid resumption of strait shipments even as vessel hit near OmanOil prices are poised for significant weekly declines as supply worries ease with tankers navigating the Strait of Hormuz. Despite a cargo ...
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...
ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
ONGC's overseas arm set to revive Venezuela operationsONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...