Aramco taking $75 bn stake in Reliance Industries’ oil, chemicals unit
The world’s biggest crude producer will soon own a part of the world’s biggest oil refinery. Saudi Aramco will buy a 20% stake in the
Tag : India
World’s Largest Refinery Shuts Down Crude Unit For Up To A Month
India’s Reliance Industries will shut for up to four weeks a 330,000-bpd crude oil processing unit at its 660,000-bpd Jamnagar refinery, beginning in the middle
A New Mega Cartel Is Emerging In Oil Markets
China and India—two of the world’s largest oil importers and the biggest demand growth centers globally—are close to setting up an oil buyers’ club to
Is This The End For India-Iran Energy Relations?
After the Trump administration’s Monday announcement that the United States would not renew its six-month waivers to third party countries for their continued purchase of
Indian Refiners Rush To Buy Iranian Oil Before It’s Too Late
India’s oil imports from Iran increased by some 5 percent between March 2018 and March 2019 compared to the previous fiscal year through March 2018, because Indian
India Stops Taking In Venezuelan Oil
A senior U.S. government official has told Indian media that private local refiners had stopped importing crude oil from Venezuela, noting the cooperation of Indian
Russia To Construct Iran-India Gas Pipeline, Says Oil Minister
Iranian Oil Minister Bijan Namdar Zanganeh said the country has accepted Russia’s proposal to construct a subsea pipeline for exporting natural gas from the Islamic
US Likely to Extend Iran Oil Sanctions Waivers
The United States is likely to extend waivers from sanctions on Iranian oil imports in May, but will reduce the number of countries receiving them
These Could Be the World’s Biggest Economies by 2030
Seven of the world’s top 10 economies by 2030 will likely be current emerging markets. The prediction for a shake-up of the world’s gross domestic
Saudi Oil Minister Discusses Further Cooperation With World’s Largest Refiner
Saudi Arabia’s Energy Minister Khalid al-Falih discussed on Sunday opportunities for joint investments and cooperation in petrochemical and refining projects with Mukesh Ambani, the chairman of India’s