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Marco Rubio sees an opportunity to expand Venezuela’s heavy crude oil supplies through India’s advanced refining capabilities, with Reliance Industries emerging as a potential partner.
Venezuela Has the World’s Heaviest Crude, India Has the Expertise to Refine It: Rubio See an Opportunity Read More
ONGC has started commercial crude oil production at Ashoknagar in West Bengal. The first consignment reached Haldia, with more wells planned to boost output.
Bengal’s Oil Story Begins: ONGC Starts Commercial Production at Ashoknagar Read More
The US Senate has proposed a revised bill imposing up to 100% tariffs on India, China and other buyers of Russian oil, replacing the earlier 500% tariff proposal backed by the White House.
From 500% to 100%: US Senate Softens Tariff Proposal on India, China Over Russian Oil Purchases Read More
The US struck 140 Iranian military targets after an alleged attack on a commercial vessel. Iran responded by closing the Strait of Hormuz, escalating regional tensions.
US Strikes 140 Iranian Military Targets; Iran Closes Strait of Hormuz, Oil Market on Edge Read More Iran has announced the closure of the Strait of Hormuz following deadly Israeli strikes in Lebanon, raising concerns over regional stability, global oil supplies, and escalating tensions across the Middle East.
Iran Closes Strait of Hormuz Again After Deadly Israeli Strike in Lebanon Read More
The Indian government has barred institutional and commercial users from buying petrol and diesel at retail fuel stations for up to 90 days, aiming to protect supplies for ordinary consumers amid rising demand and global energy uncertainties.
No More Retail Fuel for Industries: Centre Imposes 90-Day Restriction on Bulk Buyers Read More
India has discovered natural gas off the east coast of the Andaman Islands, a breakthrough that could strengthen energy security and reduce dependence on fuel imports.
Natural Gas Discovery Off Andaman Islands Boosts India’s Energy Security Read More
Prime Minister Narendra Modi held talks with Venezuela Acting President Delcy Rodríguez in New Delhi, focusing on energy cooperation, trade, investment, healthcare and strengthening bilateral relations between India and Venezuela.
India, Venezuela Boost Energy and Trade Ties as PM Modi Meets Delcy Rodríguez Read More
Prime Minister Narendra Modi’s UAE visit results in major defence and energy agreements, fresh $5 billion investments, and strategic talks amid rising West Asia tensions.
India-UAE Sign Key Defence, LPG Agreements During PM Modi’s Abu Dhabi Visit Read More
Iran faces challenges reopening the Strait of Hormuz after losing track of sea mines deployed during conflict, raising global shipping and oil supply concerns.
Strait of Hormuz Crisis: Iran Unable to Locate Mines, Shipping at Risk Read More