Tag Archives: India

International energy firms will be invited to participate in India’s privatization of state-owned oil companies.

India has already outlined plans to sell some state-owned companies to local or foreign investors by March 2020.

An Indian manufacturing company of various brands of home appliances. said that it intends to make investments in Qazvin province.

The ongoing crisis in the South American country of Venezuela has also seen supplies from the nation drop from 7.6 MT to 6.2 MT.

Orb Energy provides small and medium sized companies with financing to invest in solar power projects.

Saudi Arabia is a key pillar of India’s energy security. being a source of 17% or more of crude oil and 32% of LPG requirements of India.

An ideological affiliate of India’s governing has now come out and advised Prime Minister Narendra Modi to reconsider New Delhi’s decision. to ignore US demands not to purchase oil from Iran as it would represent a strategic setback for India.

Iranian Ambassador to India Ali Chegeni called on the Indian government to resume importing Iranian oil. noting that sanctions against the country are imposed unilaterally by the United States not by the United Nations.

Iran will reportedly open a branch of its Bank Pasargad in India in the next 2-3 months to help boost trade between the two nations to bypass the US unilateral economic sanctions which have blocked international banking channels.

Indonesia was main supplier for India for thermal coal while Australian exports were going to China. Japan and South Korea.