Edition:
United States

Nidhi Verma

India to get extra oil from major producers to make up for Iran oil loss: minister

6:51am EDT

NEW DELHI India will get additional supplies from other major oil producing countries to compensate for the loss of Iranian oil, India's Petroleum and Natural Gas Minister Dharmendra Pradhan said on Tuesday.

India to get extra oil from major producers to make up for Iran oil loss: minister

1:48am EDT

NEW DELHI India will get additional supplies from other major oil producing countries to compensate for the loss of Iranian oil, Petroleum and Natural Gas Minister Dharmendra Pradhan said on Tuesday.

UPDATE 1-India to get extra oil from major producers to make up for Iran oil loss - minister

1:48am EDT

NEW DELHI, April 23 India will get additional supplies from other major oil producing countries to compensate for the loss of Iranian oil, India's Petroleum and Natural Gas Minister Dharmendra Pradhan said on Tuesday.

India's Reliance Industries sees telecom, retail driving growth

Apr 18 2019

India's Reliance Industries, operator of the world's biggest refining complex, posted a record net profit on Thursday as strong growth in retail and telecom businesses offset the impact of 17-quarter low refining margins.

Indian refiners turn to OPEC, Mexico, U.S. to make up Iran oil gap

Apr 17 2019

NEW DELHI Indian refiners are increasing their planned purchases from OPEC nations, Mexico and the United States to make up for any loss of Iranian oil if the U.S. enforces sanctions more harshly from next month, sources and company officials said.

Aramco in talks to buy stake in refining business of India's Reliance

Apr 17 2019

DUBAI/NEW DELHI Saudi Aramco, the world's biggest oil producer, is in talks to buy a stake of at least 20 percent in the refining and petrochemicals businesses of India's Reliance Industries Ltd, sources familiar with the matter said on Wednesday. State-owned Aramco plans to boost investments in refining and petrochemicals to secure new markets for its crude, and sees growth in chemicals as central to its downstream strategy to lessen the risk of a slowdown in oil demand.

Indian refiners turn to OPEC, Mexico, U.S. to make up Iran oil gap

Apr 17 2019

NEW DELHI, April 17 Indian refiners are increasing their planned purchases from OPEC nations, Mexico and the United States to make up for any loss of Iranian oil if the U.S. enforces sanctions more harshly from next month, sources and company officials said.

Jet Airways pilots defer strike before crunch creditors meeting: report

Apr 14 2019

NEW DELHI Pilots at India's Jet Airways have been told by their union to put off a planned strike to give its management and key lender State Bank of India time to strike a deal to keep the debt-laden airline flying, ANI reported on Sunday.

India's 2018/19 Iran oil imports up 5 percent year on year despite U.S. sanctions: sources

Apr 12 2019

NEW DELHI India imported about 5 percent more oil from Iran in the last fiscal year through March as companies raised purchases ahead of U.S. sanctions against Tehran from November, preliminary tanker arrival data obtained from shipping and industry sources showed.

India delays May order for Iran oil, awaits clarity on sanctions waiver: sources

Apr 09 2019

NEW DELHI Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from U.S. sanctions against the OPEC-member, four sources said.

World News