Search For "oil import"
India's vegetable oil imports down 17% so far this season
Updated : 1 year, 11 months ago IST
The report further highlights a broader trend of declining overall vegetable oil imports, with the overall import volume during the five months from November 23 to March 24 reported at 5,830,115 tons. This marks a significant decrease of 17 per cent compared to the same period in the previou
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India talking to Guyana, Suriname, Namibia for oil import: Union Minister
Updated : 2 years ago IST
India has been talking to Guyana, Suriname and Namibia regarding oil cooperation, informed Union Petroleum Minister Hardeep Singh Puri on Monday while asserting that there is no shortage of crude oil globally.
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Indian Coast Guard upgrades infra in crude oil hub in Gulf of Kutch near J
Updated : 2 years ago IST
Amid growing security concerns in the maritime zones, the Indian Coast Guard has upgraded its security infrastructure in India's crude oil hub in the Gulf of Kutch near Jamnagar where 70 per cent of Indian crude oil imports are received and major refineries, including that of Reliance are
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India's vegetable oil imports decline 28% year-on-year in January
Updated : 2 years, 1 month ago IST
India imported 1.2 million tonnes of vegetable oils in January 2024, 28 per cent lower than it shipped in the same month last year at about 1.7 million tonnes, data compiled by The Solvent Extractors' Association of India (SEA) showed on Monday.
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Gaza conflict exposes China's weakness in Middle East
Updated : 2 years, 1 month ago IST
China is charting a careful path, simultaneously seeking to undermine the USA and curry favor with Arab states. Its risk-avoidance strategy can perhaps best be described as anti-Western neutrality. Approximately one million Chinese work in the Middle East, while the majority of China's oi
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"India's ascent to USD 4 trillion economy fueled by robust growth": Hardee
Updated : 2 years, 2 months ago IST
India, the world's third-biggest oil importer and consumer, is dependent on crude oil from various sources in the global market to meet its domestic demand.
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Cabinet approves MoU between India, Guyana on cooperation in hydrocarbons
Updated : 2 years, 2 months ago IST
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the signing of a Memorandum of Understanding (MoU) between the Ministry of Petroleum and Natural Gas, India and the Ministry of Natural Resources, Guyana, on cooperation in the hydrocarbon sector.
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Ethanol blending program saved Rs 24,300 crore foreign exchange in 2022-23
Updated : 2 years, 2 months ago IST
Ethanol blending in petrol was introduced by the Centre to reduce the country's oil import costs, increase energy security, lower carbon emissions and improve air quality.
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India's Russian crude imports prevented price surge in global oil market
Updated : 2 years, 2 months ago IST
The report emphasised that these purchases, totalling an estimated 1.95 million barrels per day (b/d), were pivotal in averting potential chaos in the crude oil market and preventing a surge in prices by approximately USD 30-USD 40 per barrel.
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'India will buy Venezuelan Oil' says Petroleum Minister Hardeep Singh Puri
Updated : 2 years, 3 months ago IST
Speaking to reporters at an event, Puri stated that New Delhi is willing to resume oil import with any nation that is not under sanction.
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Pakistan suspends import of Russian crude oil
Updated : 2 years, 7 months ago IST
The import of crude oil from Russia has been suspended after more furnace oil was produced than petrol during the refining process, according to sources in the energy sector, The News International reported on Sunday.
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Assam sets target to bring 3.75 hectares of land under oil palm plantation
Updated : 2 years, 7 months ago IST
India is the world's second-largest consumer and number one vegetable oil importer, and it meets about 60 per cent of its needs through imports.
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