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Nidhi Verma

Lower spot LNG may push India's top gas importer to renegotiate deals

Aug 08 2019

NEW DELHI, Aug 8 India's top gas importer Petronet LNG will consider renogiating its long-term supply deals to secure lower liquefied natural gas (LNG) prices if spot prices remain weak for two to three years, its managing director said on Thursday.

India to relax rules for entry into fuel retail sector - source

Aug 07 2019

NEW DELHI India is set to relax rules for setting up fuel stations after almost two decades, in a move expected to allow companies like Saudi Aramco, Total and Trafigura to gain a foothold in a sector dominated by state-run entities.

India to relax rules for entry into fuel retail sector-source

Aug 07 2019

NEW DELHI, Aug 7 India is set to relax rules for setting up fuel stations after almost two decades, in a move expected to allow companies like Saudi Aramco, Total and Trafigura to gain a foothold in a sector dominated by state-run entities.

BP to enter India's fuel retail market with Reliance tie-up

Aug 06 2019

NEW DELHI/LONDON Global oil major BP is deepening its ties with Indian conglomerate Reliance Industries by forging a fuel retailing joint venture to capitalize on rising demand in Asia's third-biggest economy.

Exclusive: India raises cost of refinery project with Aramco by 36% - sources

Aug 06 2019

NEW DELHI India has increased the cost estimate of a giant refinery and petrochemical project to be jointly built with Saudi Aramco and Abu Dhabi National Oil Co by more than 36%, after protests by farmers forced the relocation of the plant, four sources said.

Maldives police arrest ex-vice president after India denies entry

Aug 04 2019

NEW DELHI/MALE Maldives police on Saturday said they had arrested former vice-president Ahmed Adeeb and were bringing him to the capital Male after he was refused entry to India.

RPT-India's Venezuelan June oil imports highest in 7 quarters- trade

Jul 29 2019

NEW DELHI, July 26 India's oil imports from Venezuela surged to about 475,200 barrels per day (bpd) in June, more than double the previous month and highest in 21 months, data from shipping and industry sources showed.

India's Venezuelan June oil imports highest in seven quarters: trade

Jul 26 2019

NEW DELHI India's oil imports from Venezuela surged to about 475,200 barrels per day (bpd) in June, more than double the previous month and highest in 21 months, data from shipping and industry sources showed.

Saudi Arabia aims to expand pipeline to reduce oil exports via Gulf

Jul 25 2019

NEW DELHI Saudi Arabia aims to raise the capacity of its east-west pipeline by 40% in two years so more of its oil exports can avoid passing through the Strait of Hormuz, the energy minister said on Thursday.

Saudi's Falih says Reliance-Aramco talks on Indian refinery stake continue

Jul 25 2019

NEW DELHI Saudi Arabia's Energy Minister Khalid al-Falih said state-run Saudi Aramco's talks with Reliance Industries to buy a minority stake in the Indian conglomerate's refining assets have not stalled.

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