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India's Iraqi Oil Imports Plunge To 20 Month-Low: Report
India's oil imports from Iraq plunged to a 20-month low in October as refiners continued to buy discounted Russian barrels and boosted purchases of West African crude.
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This African Nation Wants Indian Firms Like Vedanta To Mine Its Oil, Gold
Landlocked in the heart of Africa, the Central African Republic is seeking Indian investors to mine its abundant natural resources ranging from oil, uranium and lithium to gold, diamonds, iron ore and copper.
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Analysis-How The Ukraine Conflict Is Reshaping Global Oil Markets
Russia's invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western sanctions, increasingly tapping risky ship-to-ship transfers to get its crude to Asia.
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Analysis-How The Ukraine Conflict Is Reshaping Global Oil Markets
Russia's invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western sanctions, increasingly tapping risky ship-to-ship transfers to get its crude to Asia.
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India's IOC Buys 7 Million Barrels Of Crude Via Tenders - Report
Indian Oil Corp bought 4 million barrels of Murban crude and 3 million of West African Crude for May and June loading.
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South African Government Asks For 25,000 Troops To Curb Unrest
The South African government on Wednesday sought to deploy around 25,000 troops to curb unrest, now in its sixth straight day, amid fears of food and fuel shortages as disruption to farming, manufacturing and oil refining began to bite.
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Middle East Share Of India's Oil Imports Hits Two-Year High In July
Middle Eastern oil accounted for 71.5% of India's oil imports in July, its highest share in 26 months, while imports from Africa fell to 5%, the lowest in at least 14 years, data from trade sources showed on Friday. Analysts said lower fuel demand and paltry refining margins had driven a preference for Middle Eastern sour grades over sweet African ...
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Middle East Share Of India's Oil Imports At Over 2-Year High: Report
Analysts said lower fuel demand and paltry refining margins had driven a preference for Middle Eastern sour grades over sweet African barrels.
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20 Indians Kidnapped From Tanker By Pirates Off West African Coast
The Ministry of External Affairs said on Monday that 20 Indian nationals had been kidnapped from an oil tanker in West African waters, where piracy has been on the rise.
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RIL, IOC-Led Demand Sends West African Oil Flows To Asia To Record Highs: Survey
Total loadings for Asia will rise to 2.586 million bpd this month from 2.44 million bpd in July and 2.176 million bpd last August.
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OPEC Oil Output Hits Record As Gulf Gains Counter African Losses
Oil output of the Organization of Petroleum Exporting Countries (OPEC) is likely in August to reach its highest in recent history, a Reuters survey found on Wednesday, as extra barrels from Saudi Arabia and other Gulf members make up for losses in Nigeria and Libya.
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Bongo Aims To Extend 50-Year Family Rule In Gabon Election
Gabon voted on Saturday amid discontent over its failure to raise living standards despite oil wealth, in a poll posing the biggest challenge yet to President Ali Bongo, whose family has dominated the central African nation for half a century.
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African Union Soldiers From Uganda Convicted For Running Fuel Racket
Nine Ugandan soldiers have been jailed for illegally selling fuel meant for the African Union Mission in Somalia (AMISOM), an army spokesman said Wednesday.
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Reliance To Sell East African Oil Retailer Gapco To French Major Total
Reliance, which has 76 per cent stake in Gapco, and the minority shareholders have agreed to sell their holding for cash to Total, the Indian company said in a statement.
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ISIS Attack Sets Storage Tanks Ablaze At Libyan Oil Terminal
ISIS terrorist set fire on Thursday to oil storage tanks in a fresh assault on Ras Lanuf terminal in northern Libya and the group threatened further attacks as they exploit a prolonged power vacuum in the large north African nation.
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India's Iraqi Oil Imports Plunge To 20 Month-Low: Report
India's oil imports from Iraq plunged to a 20-month low in October as refiners continued to buy discounted Russian barrels and boosted purchases of West African crude.
-
This African Nation Wants Indian Firms Like Vedanta To Mine Its Oil, Gold
Landlocked in the heart of Africa, the Central African Republic is seeking Indian investors to mine its abundant natural resources ranging from oil, uranium and lithium to gold, diamonds, iron ore and copper.
-
Analysis-How The Ukraine Conflict Is Reshaping Global Oil Markets
Russia's invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western sanctions, increasingly tapping risky ship-to-ship transfers to get its crude to Asia.
-
Analysis-How The Ukraine Conflict Is Reshaping Global Oil Markets
Russia's invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western sanctions, increasingly tapping risky ship-to-ship transfers to get its crude to Asia.
-
India's IOC Buys 7 Million Barrels Of Crude Via Tenders - Report
Indian Oil Corp bought 4 million barrels of Murban crude and 3 million of West African Crude for May and June loading.
-
South African Government Asks For 25,000 Troops To Curb Unrest
The South African government on Wednesday sought to deploy around 25,000 troops to curb unrest, now in its sixth straight day, amid fears of food and fuel shortages as disruption to farming, manufacturing and oil refining began to bite.
-
Middle East Share Of India's Oil Imports Hits Two-Year High In July
Middle Eastern oil accounted for 71.5% of India's oil imports in July, its highest share in 26 months, while imports from Africa fell to 5%, the lowest in at least 14 years, data from trade sources showed on Friday. Analysts said lower fuel demand and paltry refining margins had driven a preference for Middle Eastern sour grades over sweet African ...
-
Middle East Share Of India's Oil Imports At Over 2-Year High: Report
Analysts said lower fuel demand and paltry refining margins had driven a preference for Middle Eastern sour grades over sweet African barrels.
-
20 Indians Kidnapped From Tanker By Pirates Off West African Coast
The Ministry of External Affairs said on Monday that 20 Indian nationals had been kidnapped from an oil tanker in West African waters, where piracy has been on the rise.
-
RIL, IOC-Led Demand Sends West African Oil Flows To Asia To Record Highs: Survey
Total loadings for Asia will rise to 2.586 million bpd this month from 2.44 million bpd in July and 2.176 million bpd last August.
-
OPEC Oil Output Hits Record As Gulf Gains Counter African Losses
Oil output of the Organization of Petroleum Exporting Countries (OPEC) is likely in August to reach its highest in recent history, a Reuters survey found on Wednesday, as extra barrels from Saudi Arabia and other Gulf members make up for losses in Nigeria and Libya.
-
Bongo Aims To Extend 50-Year Family Rule In Gabon Election
Gabon voted on Saturday amid discontent over its failure to raise living standards despite oil wealth, in a poll posing the biggest challenge yet to President Ali Bongo, whose family has dominated the central African nation for half a century.
-
African Union Soldiers From Uganda Convicted For Running Fuel Racket
Nine Ugandan soldiers have been jailed for illegally selling fuel meant for the African Union Mission in Somalia (AMISOM), an army spokesman said Wednesday.
-
Reliance To Sell East African Oil Retailer Gapco To French Major Total
Reliance, which has 76 per cent stake in Gapco, and the minority shareholders have agreed to sell their holding for cash to Total, the Indian company said in a statement.
-
ISIS Attack Sets Storage Tanks Ablaze At Libyan Oil Terminal
ISIS terrorist set fire on Thursday to oil storage tanks in a fresh assault on Ras Lanuf terminal in northern Libya and the group threatened further attacks as they exploit a prolonged power vacuum in the large north African nation.
