India plans to launch new oil and gas licensing rounds as early as this week, Oil Minister Hardeep Puri said on Monday, as the world’s third-largest crude oil importer looks to boost its ...

Oil India has set up a renewable energy subsidiary on January 31, which will be wholly-owned, and look to generate energy through non-conventional sources, the company informed through a stock ...

Indian Strategic Petroleum Reserve Ltd which manages federal oil inventories, operates 3 SPRs in southern India with a combined capacity of about 5 million tons India will provide 55.97 billion ...

India became the largest market for Russian sea-borne oil sold at a discount after Western nations stopped purchasing it in response to Russia's invasion of Ukraine in 2022. While Russian crude ...

Crude oil is the most important commodity and emerging industrial markets such as China, India and Latin America greatly influence the price of oil, since they require more and more oil to support ...

Following Russia's invasion of Ukraine in 2022, India emerged as a major buyer of Russian oil that was widely and rapidly sanctioned by the West. However, all that may be about to change ...

India is expected to boost U.S. oil and gas purchases following President Trump's pledge to increase domestic production India is likely to increase its purchases of U.S. oil and gas after U.S ...

Chennai: Palm oil has lost its market share in the imported edible oil basket to 48 per cent in December 2024 from 72 per cent in December 2023 as Malaysian palm oil prices went up in 2024.

MUMBAI, Jan 16 (Reuters) - India's palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the tropical oil's premium over rivals drives buyers ...

Indian Oil Corp, the state major, is buying Middle Eastern and African crude to replace Russian volumes affected by U.S. sanctions, including a cargo of Abu Dhabi Murban crude, which IOC does not ...

New Delhi: India would welcome more oil and gas coming into the market, Union minister for petroleum and natural gas Hardeep Singh Puri said on Tuesday, naming the US under president Donald Trump ...