India Drives Global Oil Demand in 2025, Peak Delayed to 2030s
2025 saw a major shift as oil demand surged, defying peak predictions. India emerged as the top growth engine, reshaping global energy dynamics. Read the full analysis.
Category : Search result: India petroleum imports
Govt Imposes Price Floor on Drug APIs to Curb Cheap Imports
Himachal Pradesh govt introduces Minimum Import Price on potassium clavulanate & intermediates till Nov 2026 to shield Indian API makers from cheap Chinese imports. Read details.
PNGRB Rolls Out Consumer Protection Rules for Oil & Gas
The Petroleum and Natural Gas Regulatory Board introduces a comprehensive consumer protection framework for the oil and gas sector, aiming to ensure fair practices and timely grievance redressal. Learn about the new rules and their impact.
NCLT Approves Vedanta Demerger Plan
The National Company Law Tribunal greenlights Vedanta's split into separate companies, overcoming objections from the Petroleum Ministry. Read the full details and implications.
Arjuna Ranatunga faces arrest in Rs 800mn oil scam
Sri Lanka's 1996 World Cup-winning captain Arjuna Ranatunga is likely to be arrested over alleged corruption causing an Rs 800 million loss to the Ceylon Petroleum Corporation. Read the full story.
Sri Lanka's Arjuna Ranatunga to be Arrested in Oil Scam
Sri Lankan cricket legend Arjuna Ranatunga faces imminent arrest over alleged involvement in a multi-million dollar oil procurement scam. Read the full details of the case.
Sri Lanka to arrest ex-cricket captain Arjuna Ranatunga
Sri Lankan authorities plan to arrest former cricket captain Arjuna Ranatunga over alleged corruption in a 2017 oil procurement deal. Read the full details of the case and its connection to the country's anti-corruption campaign.
India's Exports Grow 4.84% in April-Oct 2025
India's merchandise exports demonstrate strength despite global challenges, growing 4.84% to $491.80 billion in April-October 2025. Read the detailed trade analysis.
India: Energy Needs of 1.4 Billion People Top Priority
India's Foreign Secretary Vikram Misri states stable energy prices for 1.4 billion citizens is the government's priority. Read how this shapes India's oil imports and stance on US sanctions.
US Tariffs Pressure India Over Russian Oil Imports
Facing US pressure over Russian oil imports, India navigates trade talks as Putin promises reliable energy supply and expands nuclear collaboration. Details inside.
India's $59 Billion Trade Deficit with Russia Needs Balancing: Goyal
Commerce Minister Piyush Goyal calls for diversifying trade with Russia to address a skewed $59 billion deficit. Explore the details and future steps for bilateral trade balance.
Govt: E20 Fuel No Risk to Vehicle Performance
The Indian government has clarified that E20 fuel does not compromise vehicle durability or efficiency, addressing public concerns. Learn the facts about ethanol blending.
Putin's India Visit: Oil, Defence & US Pressure
As Putin visits India, the world watches how New Delhi will balance discounted Russian oil, defence needs, and US pressure. Will India secure its autonomy or face new sanctions?
India imports 5.4M tonnes Russian oil via shadow fleet
India imported 5.4 million tonnes of Russian oil using shadow fleet tankers to bypass Western sanctions, according to CREA report. Moscow relies on old vessels to maintain exports amid restrictions.
Russian Popeye Risks Losing Both Arms After Oil Injections
Kirill Tereshin, known as Russian Popeye, faces possible amputation of both arms after years of injecting petroleum jelly. Read his shocking body modification journey.
Israel Doubles VAT Exemption Limit on Personal Imports
Israel increases VAT exemption threshold for personal imports from $75 to $500 starting July 1. Major relief for international shoppers and Israeli consumers.
Elliott Wins $5.89B Citgo Auction in Venezuela Asset Sale
Amber Energy, an Elliott Investment Management affiliate, wins court-ordered auction for Citgo Petroleum parent company. $5.89 billion deal marks crucial step in Venezuela's foreign asset resolution.
India's Russian Oil Imports Hit 5-Month High
India's Russian oil imports surge to five-month peak in November as President Putin prepares December visit. Get latest updates on energy diplomacy and trade relations.
India: WTO Farm Import Quotas Unused, Weak Demand
India informs WTO its farm import quotas for milk, maize, and oils went unused in FY25, driven by market conditions and sufficient domestic production. Read the full analysis.
US Sanctions Indian Firms for Iran Oil Trade
US imposes sanctions on TR6 Petro India and other entities for trading Iranian oil, citing terror funding concerns. Full details on the crackdown.
Russia remains India's largest oil supplier with 30% share
Russian Ambassador confirms Moscow supplies over 30% of India's oil despite Western sanctions. Russia offers favorable terms to maintain energy partnership with New Delhi.
India Inks Deal for 2.2 Million Tonnes US LPG Imports
India secures 2.2 million tonnes of LPG from US suppliers in one-year agreement, strengthening energy ties and ensuring stable cooking gas supply for consumers nationwide.
Pakistan Petrol Price Unchanged, Diesel Up by PKR 6
Pakistan government maintains petrol price at PKR 265.45 per litre while increasing diesel by PKR 6. New rates effective until October 31. Impact on inflation analyzed.
Chinese PVC Resin Imports Pose Health Risk in India
A new report reveals dangerous PVC resin imports from China entering India's consumer market, threatening public health with toxic chemicals. Urgent regulatory action needed.
India's Vegetable Oil Imports Unchanged at 16.3M Tonnes
India maintained vegetable oil imports at 16.3 million tonnes in 2024-25. Soybean oil hit record highs while palm oil declined sharply. Explore the shifting import patterns.
Vedanta Demerger: NCLT Reserves Order After Govt Objection
NCLT Mumbai reserves order on Vedanta's proposed demerger after Petroleum Ministry raises concerns over financial risks and asset misrepresentation. Key details inside.
Trump Signals Tariff Reduction for India Amid Trade Talks
US President Donald Trump announces potential tariff reductions for India, linking decision to New Delhi halting Russian oil purchases. Read latest trade developments.
Trump: India Has Largely Stopped Buying Russian Oil
Former US President Donald Trump makes significant claims about India-Russia energy ties during New Hampshire rally, announces potential India visit next year amid ongoing presidential campaign.
India Refills Strategic Oil Reserves as Prices Drop
India initiates refilling its strategic petroleum reserves as global crude prices hover near multi-month lows, securing energy supplies ahead of expected price surges.
India's Fuel Exports Plunge 21% in October
India witnessed a dramatic 21% drop in fuel exports during October as domestic demand surged unexpectedly. Major refiners HPCL and Nayara Energy faced significant operational disruptions, reshaping the country's energy export landscape.
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