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India's growing appetite for Venezuela's petcoke - a byproduct from oil upgrading and an alternative to coal - is being driven by a scramble for inexpensive fuel to power industries
Indian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation boosts exports
Global coal prices are near record highs due to fears of a supply crunch following the European Commission's decision to ban coal imports from Russia after its invasion of Ukraine
Global coal prices are near record highs due to fears of a supply crunch following the European Commission's decision to ban coal imports from Russia after its invasion of Ukraine
India allowed imports of 500,000 tonnes of petcoke per year by aluminium companies and 1.4 mn tonnes of petcoke by calcined petcoke makers