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Page 7 - Oil Imports

India's Nayara sending fuel to Rosneft in return for Venezuelan oil: Report

The United States in January prohibited US-dollar transactions for oil sales from Venezuela's PDVSA or its units

India's Nayara sending fuel to Rosneft in return for Venezuelan oil: Report
Updated On : 16 Oct 2019 | 8:01 AM IST

Petrol price jumps Rs 1.59 a litre, diesel by Rs 1.31 after Saudi attacks

India depends on Saudi Arabia for a fifth of its oil imports and has been in constant touch with Kingdom officials on securing its supplies

Petrol price jumps Rs 1.59 a litre, diesel by Rs 1.31 after Saudi attacks
Updated On : 22 Sep 2019 | 12:19 PM IST

Attacks on Saudi oil facilities - what will it mean for consumers?

Consumers around the world could see costs rise for products ranging from gasoline and diesel to home heating costs and air fares

Attacks on Saudi oil facilities - what will it mean for consumers?
Updated On : 16 Sep 2019 | 11:30 PM IST

Centre proposes import tax hike on Malaysian refined palm oil

India imports palm oil mainly from Indonesia and Malaysia

Centre proposes import tax hike on Malaysian refined palm oil
Updated On : 26 Aug 2019 | 9:16 PM IST

India's July petrol imports hit highest level in 8 years at 230,000 tonnes

India's imports of crude oil have stalled in recent months, with both coal and liquefied natural gas also soft

India's July petrol imports hit highest level in 8 years at 230,000 tonnes
Updated On : 22 Aug 2019 | 10:28 AM IST

Putin says Russia and Saudi Arabia will maintain oil cuts for 6-9 months

The current version of the deal by the so-called Opec+ coalition calls for production cuts of 1.2 million barrels a day

Putin says Russia and Saudi Arabia will maintain oil cuts for 6-9 months
Updated On : 30 Jun 2019 | 8:40 AM IST

High level committee recommends strategy to reduce crude oil imports

The import dependency of crude oil and liquified natural gas during the year was 82.59 per cent and 45.89 per cent

High level committee recommends strategy to reduce crude oil imports
Updated On : 22 May 2019 | 2:54 AM IST

India may receive 4 bn barrels of extra crude oil from Saudi Arabia in Nov

Indian oil buyers sought an additional 1 million barrels each in November

India may receive 4 bn barrels of extra crude oil from Saudi Arabia in Nov
Updated On : 10 Oct 2018 | 5:12 PM IST

India eases oil import rules for state refiners as it seeks to cut costs

The move will help refiners in Iran's second biggest oil market to boost purchases from alternative sources as Trump prepares to halt Iranian oil sales through a new set of sanctions from Nov. 4

India eases oil import rules for state refiners as it seeks to cut costs
Updated On : 25 Sep 2018 | 10:13 PM IST

Indian refiners may cut oil imports as crude prices rise, rupee struggles

The soaring import costs are becoming a headache for PM Modi's government ahead of general elections next year

Indian refiners may cut oil imports as crude prices rise, rupee struggles
Updated On : 24 Sep 2018 | 9:52 AM IST

Using biofuels, India aims to cut oil import bill by Rs 120 billion: Modi

The govt plans to invest Rs 100 billion and would build 12 biofuel refineries

Using biofuels, India aims to cut oil import bill by Rs 120 billion: Modi
Updated On : 10 Aug 2018 | 12:52 PM IST

India's interest will be paramount: Oil ministry on Iran sanctions

Dharmendra Pradhan says country has multi-country basket that is open to the world for competitive prices

India's interest will be paramount: Oil ministry on Iran sanctions
Updated On : 28 Jun 2018 | 9:46 PM IST

India to revive rupee trade mechanism for its oil payments to Iran: Source

Donald Trump said in early May that the United States would walk away from an international nuclear deal with Iran and impose renewed US economic sanctions on Tehran.

India to revive rupee trade mechanism for its oil payments to Iran: Source
Updated On : 22 Jun 2018 | 8:55 PM IST

India's oil imports soar to 4.83 mn barrels on rising local fuel demand

India is increasing refining capacity to keep pace with the expected growth in fuel demand

India's oil imports soar to 4.83 mn barrels on rising local fuel demand
Updated On : 20 Oct 2017 | 8:21 PM IST

Iraq replaces Saudi Arabia as top oil supplier to India in April

Imports from Iraq topped 1 mn barrels per day for the first time, up by 8% from a year ago

Iraq replaces Saudi Arabia as top oil supplier to India in April
Updated On : 17 May 2017 | 4:50 PM IST

Iran leapfrogs Iraq as India's 2nd oil supplier in February: Trade data

Saudi Arabia remained the biggest oil supplier to India

Iran leapfrogs Iraq as India's 2nd oil supplier in February: Trade data
Updated On : 13 Mar 2017 | 4:27 PM IST

India's 2016 Iran oil imports hit record high

Sharp increase propelled Iran into 4th place among India's suppliers in 2016

India's 2016 Iran oil imports hit record high
Updated On : 13 Jan 2017 | 5:17 PM IST

India's Iran oil imports surge to highest in at least 15 years in August

India received about 576,000 barrels per day (bpd) of Iranian oil in August, up about 10 per cent from July

India's Iran oil imports surge to highest in at least 15 years in August
Updated On : 16 Sep 2016 | 4:22 PM IST