Tag Archives: India

India’s crude oil imports from Iraq increased in February 2025, according to data from analytics firm Kpler. India’s oil imports from Iraq increased 8.3% this month compared to January, surpassing 1.1 million barrels per day (bpd), the data showed. Conversely, imports from Russia reportedly fell by 14.9% to an average …

The U.S. sanctions on Russia’s oil trade have led to a slump in Indian imports of Russian crude, which have plunged to a two-year low in February, per data from analytics firm Kpler cited by Bloomberg. Since the Russian invasion of Ukraine and the bans on Russian oil in the …

India is at risk of missing its ambitious clean energy targets if it doesn’t significantly boost investment in renewable energy, which is only a fifth of what is required annually through 2030, clean energy think tank Ember said in a report. India’s investments in renewable power generation and transmission were …

The U.S. Office of Foreign Assets Control has added four Indian companies to its latest list of entities sanctioned for their involvement in the international trade of Iranian crude oil. The companies are Austinship Management Pvt Ltd, BSM Marine LLP, Cosmos Lines Inc, and Flux Maritime LLP. The designation of …

India’s natural gas import bill surged 17.2% to $12.9 billion during April–January of the current fiscal, compared to $11.0 billion in the same period last year, driven by rising consumption, according to data from the Petroleum Planning and Analysis Cell (PPAC). In January alone, the import bill increased by 8.3% …

Demand for petrochemicals in India is expected to remain resilient as consumption of products is rebounding, executives in the industry told Reuters this week. India’s petrochemicals demand will be a bright spot among the major markets, amid a slowdown in demand in other markets, most notably China, and new supply …

Indian Oil Corporation is in discussions to agree on a long-term supply deal with U.S. Cheniere Energy, in what could be one of many new LNG supply agreements between India and America. Indian Oil, the state oil and gas and refining giant, is negotiating a 15-year agreement to source LNG …

U.S. sanctions against Russia’s oil exports and trade should not hinder Russian energy trade with India, Russia’s first deputy energy minister, Pavel Sorokin, said on Tuesday. Indian refiners are scrambling for alternatives after the U.S. sanctions designated hundreds of tankers, as well as oil traders, last month. Since the Russian …

Fuel demand in India, the world’s third-largest crude oil importer, increased by 3.2% in January from a year earlier, although consumption was lower compared to December 2024, when holiday travel and the end of the monsoon season resulted in a surge in demand. India’s fuel consumption, used by analysts as …

India is gearing up for an energy investing boom as Narendra Modi’s government courts foreign and domestic investments. India’s economy has been growing rapidly, recently overtaking the United Kingdom to become the fifth biggest economy in the world. And it’s expected to keep rising through the ranks, surpassing both Germany …