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Oil import
India's January oil imports hit record high on Red Sea delays, trade data shows
The world's third largest oil importer and consumer also received in January its first cargo of Venezuelan oil after a gap of more than three years, as the US eased sanctions on the South American producer, the data showed.
23 February 2024, 11:17 IST
India's January oil imports hit record high on Red Sea delays, trade data shows
23 February 2024, 11:17 IST
India resumes buying Russian Sokol oil after 2-month hiatus, sources say
Indian state refiners had to stop buying the grade last year after the government advised them against using Chinese yuan to pay for Russian oil amid strained relations between New Delhi and Beijing.
16 February 2024, 10:29 IST
India resumes buying Russian Sokol oil after 2-month hiatus, sources say
16 February 2024, 10:29 IST
No takers for rupee payment for oil imports
India's push for rupee to be used to pay for import of crude oil has not found any takers as suppliers have expressed concern on repatriation of funds and high transactional costs, the oil ministry told a parliamentary standing committee.
24 December 2023, 08:41 IST
No takers for rupee payment for oil imports
24 December 2023, 08:41 IST
As India frowns on paying for Russian oil with yuan, some payments held up, sources say
The tussle over payment has not disrupted deliveries so far, with Russian firms such as Rosneft continuing to supply state-controlled Indian refiners, who are seeking alternative ways for settlement.
16 October 2023, 09:40 IST
As India frowns on paying for Russian oil with yuan, some payments held up, sources say
16 October 2023, 09:40 IST
Russian oil imports hit new high in June; growth slows
In June India's imports of Russian oil exceeded its combined purchases from Iraq and Saudi Arabia, the second- and third-biggest suppliers to New Delhi
20 July 2023, 03:59 IST
Russian oil imports hit new high in June; growth slows
20 July 2023, 03:59 IST
Jio-bp rolls out E20 petrol with 20% ethanol
PM Narendra Modi earlier this week launched the E20 fuel at India Energy Week in Bengaluru
09 February 2023, 13:01 IST
Jio-bp rolls out E20 petrol with 20% ethanol
09 February 2023, 13:01 IST
Gulf nations to supply India oil for 'long time': Puri
He also said India will consider buying oil from Iran and Venezuela if sanctions are lifted and would continue purchases from Russia if prices 'continue to be good'
08 February 2023, 12:59 IST
Gulf nations to supply India oil for 'long time': Puri
08 February 2023, 12:59 IST
Edible oils import up 34% to 15.29 lakh tonne in Nov
As per the data, imports of vegetable oils rose 32 per cent in November 2022 to 15,45,540 tonne from 11,73,747 tonne in the same month last year
14 December 2022, 10:20 IST
Edible oils import up 34% to 15.29 lakh tonne in Nov
14 December 2022, 10:20 IST
Xi vows to buy more Mideast oil as US focus wanes
Xi also urged the Arab countries to conduct energy sales in the Chinese yuan
09 December 2022, 20:20 IST
Xi vows to buy more Mideast oil as US focus wanes
09 December 2022, 20:20 IST
GCC nations contribute 35% of India’s oil imports
25 November 2022, 04:17 IST
GCC nations contribute 35% of India’s oil imports
25 November 2022, 04:17 IST
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