Crude oil

India’s Ambitious Plan: Building a Homegrown Oil Tanker Fleet to Save  Billion in Charter Costs, Insights from Hardeep Puri

India’s Ambitious Plan: Building a Homegrown Oil Tanker Fleet to Save $8 Billion in Charter Costs, Insights from Hardeep Puri

India is gearing up for a significant change in how it handles energy shipping. The country plans to build its ... Read more

India Launches Own Oil Tanker Fleet to Slash  Billion in Charter Costs, Says Hardeep Puri

India Launches Own Oil Tanker Fleet to Slash $8 Billion in Charter Costs, Says Hardeep Puri

India is gearing up for a significant change in its energy shipping strategy. The country plans to build its own ... Read more

India’s Major Oil Companies Eye Increased Russian Imports Amid Slowdown in US Trade Talks

India’s Major Oil Companies Eye Increased Russian Imports Amid Slowdown in US Trade Talks

Indian refiners, particularly Indian Oil, BPCL, and HPCL, are likely to increase their purchases of Russian oil. This comes as ... Read more

Indian Oil and BPCL Restart Russian Oil Imports for September-October: Key Insights & Implications

Indian Oil and BPCL Restart Russian Oil Imports for September-October: Key Insights & Implications

India’s state-run oil companies, Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Limited (BPCL), are back in action, purchasing Russian ... Read more

How Trump’s 50% Tariffs on India Caused a Shocking 85% Drop in Oil Spreads: What You Need to Know

How Trump’s 50% Tariffs on India Caused a Shocking 85% Drop in Oil Spreads: What You Need to Know

India’s recent 50% oil tariff has drastically changed its oil trade landscape. The Brent-Dubai spread has collapsed by a staggering ... Read more

Boosting Crude Oil Imports: How Indian Refiners are Turning to Nigeria Post-Russia Ban

Boosting Crude Oil Imports: How Indian Refiners are Turning to Nigeria Post-Russia Ban

Nigeria’s crude oil exports are set to surge this September and October. Reports indicate that Indian refiners are ramping up ... Read more

How Rising Tariff Tensions with the US Impact Indian Companies: Why India is Pressing Pause on Russian Oil Imports

How Rising Tariff Tensions with the US Impact Indian Companies: Why India is Pressing Pause on Russian Oil Imports

Indian Oil Refineries Halt Russian Crude Imports: What’s Happening? India’s major state-owned oil companies—Indian Oil Corporation, Hindustan Petroleum, Bharat Petroleum, ... Read more

PETAN Calls for Increased Crude Production to Optimize Refineries – Stay Updated with EnviroNews on Climate Action and Energy Innovations

PETAN Calls for Increased Crude Production to Optimize Refineries – Stay Updated with EnviroNews on Climate Action and Energy Innovations

The Petroleum Technology Association of Nigeria (PETAN) has stressed the need for Nigeria to significantly ramp up crude oil production ... Read more

US Crude Imports Surge to Two-Year High in February Amid New Sanctions on Russia – What It Means for the Economy

US Crude Imports Surge to Two-Year High in February Amid New Sanctions on Russia – What It Means for the Economy

In February, India increased its imports of US crude oil to the highest level in over two years. This change ... Read more

Crude oil price increased before Biden’s ‘farewell gift’, is there any connection with Russia?

Crude oil price increased before Biden’s ‘farewell gift’, is there any connection with Russia?

Crude Prices High: There was an increase in oil costs right now amid the information of America imposing sanctions on ... Read more