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India News

 

India Defends Propping Up Russian Oil - Prices "would have hit the roof"

Nov 09, 2024

Global oil prices 'would have hit the roof' if big importer India had not bought oil from Russia following the Ukraine war, India's oil minister said, adding that prices would determine where the country buys oil from.India, the world's third largest oil importer and consumer, has become the top buyer of discounted Russian sea-borne oil shunned by Western countries since Ukraine's invasion began in early 2022…

Shearwater Scores Deepwater OBN Extension in India

Aug 23, 2024

Shearwater Geoservices announced it has secured a three-month extension to the deepwater ocean bottom node (OBN) survey off the coast of India.The extension builds on an initial six-month scope using the SW Tasman, Sheawater's purpose-built seismic source and dual ROV operations vessel…

China, India Boost Seaborne Thermal Coal Imports as Power Demand Surges

Apr 02, 2024

China and India lifted imports of seaborne thermal coal to three-month highs in March as the world's two biggest buyers took advantage of lower international prices of the fuel to meet strong domestic power demand.China, the world's biggest coal producer and importer…

Asia Crude Imports Surge as China, India Snap Up Russian Oil

Mar 28, 2024

Asia's imports of crude oil are expected to rise to the highest in 10 months as heavyweights China and India lifted arrivals from Russia, but impending maintenance schedules and rising prices mean such levels may not be sustained.The world's top importing region is forecast to see arrivals of 27…

Current News

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

Iran War Exposes Risks of Fossil Fuel Dependence

Iran War Exposes Risks of Fossil Fuel Dependence

Sunda Energy Secures Environmental License for Drilling Ops off Timor-Leste

Sunda Energy Secures Environmental License for Drilling Ops off Timor-Leste

Oil Drops 7% After Trump Predicts War Could End Soon

Oil Drops 7% After Trump Predicts War Could End Soon

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US consumer spending and core PCE inflation firmed up in January
US consumer spending and core PCE inflation are firmer than before the Iran war
California oil prices rise as Iran's war puts pressure on refiners
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