India May Store Its Crude In The U.S
India may store some of its crude oil in the United States, the Hindustan Times reports, citing unnamed sources in the know. “The proposal to store oil in the US is…
Beijing concerned about India’s ban on Chinese apps
Hong Kong/London (CNN Business)Beijing is pushing back on a decision by India to ban dozens of Chinese mobile apps as tensions between the world's most populous countries continue to rise. Zhao Lijian,…
Chinese imports stalled in India amid border row
NEW DELHI - As tensions remain high along the India-China border, a fallout of the border row appears to be Chinese imports being stuck at ports and airports across India where they…
India: Oil market recovers faster than estimated
NEW DELHI (Bloomberg) --India, the third-biggest oil consumer, expects fuel demand to return to normal earlier than projections by the International Energy Agency and OPEC. “If you look at the…
Looking at Technology, China and India need each other.
Hong Kong/San Francisco (CNN Business)China and India are locked in a tense diplomatic and military standoff after a deadly border skirmish earlier this week. The economic stakes are high too, given the…
By 2030: India Aims To Double Their Oil Refining Capacity
The world’s third-largest crude oil importer, India, plans to double its refining capacity by 2030 from the current 5 million barrels per day (bpd), Oil Minister Dharmendra Pradhan said at a webinar…
India’s Top Refiner Looks To Import 24 Million Barrels Of U.S. Oil
Indian Oil Corporation (IOC), the country’s biggest refiner and fuel retailer, has issued a tender to import a total of up to 24 million barrels of crude oil from the…
LPG cylinder prices hiked after 3 consecutive cuts; check rates
Liquified petroleum gas (LPG) cylinder rates have been hiked from Monday after three consecutive months of cuts. The price of a single cylinder of non-subsidised LPG has been hiked by…
China, India soak up oil from floating storage as demand recovers
The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India, trade sources and…
Oil India reports blowout at well in Assam
OIL India Limited‘s (OIL) producing well Baghjan 5 in Upper Assam’s Tinsukia district witnessed blow out. Efforts have been made to vacate the local residents residing within the vicinity of the well to…