Saudi Arabia begins regaining share in India's crude importsSaudi Arabia is expected to supply 464,000 barrels per day (bpd) to India in July, based on arrivals in the first half of the month and tan...
17 Jul, 2026, 11.37 PM IST
One tycoon makes millions from 'dark' journeys on a dangerous oil route while others feared HormuzAmidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shi...
06 Jul, 2026, 04.48 PM IST
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...
29 Jun, 2026, 11.09 PM IST
Indian refiners unlikely to rush for Iranian oil despite temporary US sanctions waiver, says analystIndian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...
26 Jun, 2026, 04.55 PM IST
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...
26 Jun, 2026, 02.33 AM IST
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...
24 Jun, 2026, 12.53 AM IST
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...
21 Jun, 2026, 11.46 AM IST
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 ...
16 Jun, 2026, 12.56 AM IST
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...
05 Jun, 2026, 10.59 AM IST
India, Venezuela eye energy partnership as Acting President Delcy Rodriguez wraps up New Delhi visitIndia and Venezuela are strengthening energy ties. Discussions cover oil production and refining. Venezuelan Acting President Delcy Rodrigu...
04 Jun, 2026, 04.59 PM IST
Venezuela's acting President Delcy RodrÃguez begins India visit as oil ties deepenVenezuela's acting President Delcy Eloina Rodriguez Gomez is in India for a five-day visit. She will meet Prime Minister Narendra Modi. The...
04 Jun, 2026, 12.06 AM IST
US refiner Valero to import up to 6.5 million barrels of Venezuelan crude in March, sources sayValero Energy plans to import significant Venezuelan crude oil in March. This move could position Valero as the leading foreign refiner of ...
14 Feb, 2026, 06.59 AM IST
India could cut fuel import bill by $3 billion by switching to Venezuelan crude: SBI ReportIndia could save up to $3 billion annually on its crude oil import bill by shifting some sourcing from Russia to Venezuelan heavy crude. A ...
04 Feb, 2026, 08.48 AM IST
HPCL seeks Venezuelan crude to boost heavy oil runsIndia's Hindustan Petroleum Corp Ltd is looking to import Venezuelan crude oil for the first time. This move aims to boost the company's ca...
27 Jan, 2026, 12.03 PM IST
"We can process Venezuelan crude if made available": IOCL Chairman says at DavosVenezuelan crude: IOCL's Sahney said that stable global crude oil prices and India's strong economic growth are creating a favourable envir...
21 Jan, 2026, 07.27 AM IST
RIL shares in spotlight as firm evaluates Venezuelan crude purchasesReliance Industries shares are expected to gain attention. The company may buy Venezuelan crude oil. This depends on US regulations. India'...
09 Jan, 2026, 09.20 AM IST
Venezuela oil import: Trump's new trade tariff twist may shake up India's cost game, China not sparedOil Import Tariffs: US President Donald Trump said they will impose 25% tariff on oil and gas imports targeting countries buying Venezuelan...
26 Mar, 2025, 01.57 PM IST