Sun, Apr 09, 2023
India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in March and is now double of the purchases from Iraq - the nation's traditional top oil supplier.
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Sun, Mar 05, 2023
From a market share of less than 1 per cent in India's import basket before the start of the Russia-Ukraine conflict in February 2022, Russia's share of India's imports rose to 1.62 million barrels per day in February, taking a 35 per cent share.
Sun, Feb 19, 2023
Last month Russian oil accounted for about 27% of the 5 million bpd of crude imported by India, the world's third-biggest oil importer and consumer, the data showed.
Mon, Oct 25, 2021
TVS Motor Company on Monday said it has tied up with Bahwan International Group to strengthen its presence in Iraq.
Wed, Jan 08, 2020
Iran on Wednesday launched multiple missiles at Iraq air base that hosts US military in Iraq. They targeted at least two bases at Al-Asad and Abril. The attack comes days after Iranian general Qaseem Soleimani was killed in US air strike at Baghdad.
Wed, May 01, 2019
Iraq sold 46.61 million tonne of crude oil to India during April 2018 and March 2019, 2 per cent more than 45.74 million tonne it had supplied in 2017-18 fiscal.
Tue, Dec 25, 2018
Najaf is considered sacred by Shia Muslims and Lucknow has a sizeable Shia population.
Tue, Mar 20, 2018
A group of 40 Indian workers, mostly from Punjab, and some Bangladeshi were taken hostage by ISIS when it overran Iraq's second largest city Mosul in 2014. Of the 40 Indians, one Harjit Masih from Gurdaspur had managed to escape and had claimed to have witnessed the massacre of the others. But the government rejected it. "His was a cock-and-bull story," Swaraj said adding he had managed to flee the ISIS by faking his identity as a Muslim from Bangladesh. The Indians were first kept at a textile factory in Mosul and after Masih escaped, they were moved to a prison in Badosh.
Fri, Mar 24, 2017
An Energy Ministry official from Saudi Arabia has said on Thursday that the country`s crude exports to the United States (US) in March will fall by around 300,000 barrels per day from February, in line with OPEC`s agreement to reduce supply.
Fri, Mar 17, 2017
US President Donald Trump`s proposed 28% budget cut for US diplomacy and foreign aid next year would preserve $3.1 billion in security aid to Israel but reduce funding for the United Nations, climate change and cultural exchange programs.
Mon, Mar 13, 2017
In the first 11 months of this fiscal year, between April and February, India imported about 542,400 bpd from Iran
Tue, Feb 07, 2017
Indian Oil Corporation has said that its crude processing for 2017-18 will inched up despite planned maintenance at some plants.
Fri, Feb 03, 2017
Twitter's chief executive officer Jack Dorsey and its about 1,000 staff have donated over $1.5 million to a leading rights group that has pledged to fight President Donald Trump's temporary ban on refugees and immigrants from seven Muslim-majority countries.
US IT giant Microsoft has made a formal plea to US President Donald Trump seeking an exemption for workers and students from the temporary immigration ban.
Sun, Jan 29, 2017
Social media started flooding with tweets #DeleteUber as many reported to delete the app on believing that the company was siding with the President Donald Trump’s ban on Muslims entering the country.
Qatar Airways and Etihad Airways said today they would enforce the new rules governing entry to the United States following President Donald Trump's temporary order restricting arrivals from seven Muslim countries.
Sat, Jan 28, 2017
Banning Muslims from seven countries even if they held a 'green card' to enter the United States of America, US President Donald Trump has put in jeopardy many Indians who live and work in North America -- many of them on H1-B visas.
Wed, Jan 18, 2017
OPEC oil production fell in December but remains well above levels envisaged under a recent deal due to take effect from January, the cartel`s new monthly report showed on Wednesday.
Thu, Jan 05, 2017
OPEC`s oil output in December fell from a record high ahead of a deal to cut production, a Reuters survey found on Thursday, helped by attacks on Nigeria`s oil industry and top exporter Saudi Arabia trimming exports.
Tue, Dec 06, 2016
The IMF on Monday announced the release of the second installment of a loan for Iraq, despite continued financial difficulties with low oil prices and the fight against the Islamic State group.
Wed, Nov 30, 2016
OPEC began on Wednesday debating a deal to curtail oil production in an effort to prop up the price of crude, with Iran and Iraq resisting pressure from Saudi Arabia to participate fully in any action.
Oil markets were jittery on Wednesday ahead of an OPEC meeting later in the day, with members of the producer cartel trying to thrash out an output cut to curb oversupply that has seen prices more than halve since 2014.
Tue, Nov 29, 2016
Russian President Vladimir Putin and his Iranian counterpart Hassan Rouhani on Monday expressed support for OPEC`s plans to limit the cartel`s output ahead of a crucial meeting this week.
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