Fire breaks out at barrel company complex in Rangareddy

According to Rajendra Nagar Fire Officer, Chandra Nayak," Fire broke out in a barrel manufacturing company complex...

Venezuela agrees to supply oil to India; says Petroleum Secy

Venezuela, a historical player in the global oil industry, has been producing oil since 1914. With proven oil...

India's Russian crude imports prevented price surge in oil

The report emphasised that these purchases, totalling an estimated 1.95 million barrels per day (b/d), were pivotal...

India’s October oil demand rises 1.6% MoM: Report

Overall, India's oil demand is expected to grow by 258,000 barrels per day in 2023, revised higher by 9,000 bpd from...

Russia to carry on voluntary oil export cuts by 300,000 barrels a

Russia will continue additional voluntary oil export cuts by 300,000 barrels a day until 2023 end, reported Russian...

S&P Global Commodity Insights revises India daily fuel demand

S&P Global Commodity Insights said oil demand in India is expected to grow by 249,000 barrels per day in 2023,...

US confirms seizing cargo containing Iranian oil

The United States Department of Justice confirmed on Friday that it seized a cargo containing nearly one million...

UN transfers Yemeni vessel carrying million barrels of oil 

The tanker was the subject of more than three years of appeals from the UN and environmental organizations who...

UAE meets 37.4 per cent of Japan's crude oil needs in June

Japan's crude oil imports from the United Arab Emirates amounted to 25.63 million barrels in June 2023 or 37.4 per...

Red Sea: UN-led mission to offload decaying supertank

If a spill occurs, it would shut down Yemeni ports that its people rely on for food aid and fuel, impacting 17...

"Shrouded in secrecy," Pakistan trumpets its Russian oil imports

On Sunday, a ship docked at the port of Karachi with the equivalent of around 3,30,000 barrels of Russian crude oil....

China only looks at profits, ignores climate in African countries

When completed, the 1445 km long project from the Ugandan oilfields of Lake Albert is expected to deliver 216,000...