Oil

India'.s oil imports from Iran rose nearly 17% in February from a month earlier.

India'.s February oil imports from Saudi Arabia and Iraq were nearly a third lower than the same month a year ago.

Repsol has been actively exploring in Alaska since 2008 and has an additional presence in the Gulf of Mexico.

Saudi Arabia. nevertheless. still remains India’s top supplier

Nearly two-thirds of demand for oil and gas equipment is met by domestic manufacturers.

Shell was buying as much as 200.000 barrels per day or six large cargoes of Iranian oil a month.

US crude is on track for a drop of more than 7% this week. its biggest weekly fall for five months.

Shell is the largest deepwater producer among the world'.s top publicly traded oil companies.

Economic activists and businessmen of Iran and Ukraine held a joint meeting in Kiev.

The daily revenue in the current year hit 22.5 million dollars.