Category : Search result: China oil reserves


Karnataka halts new safaris over man-animal conflict

Karnataka Forest Minister Eshwar Khandre announces moratorium on new safari projects, prioritizes resolving human-animal conflict first. Exclusive details on the state's new wildlife protection strategy.

China rapidly fills oil reserves amid price slump

China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.

Buffett's Berkshire Cash Hits Record $382B in Q3

Berkshire Hathaway's cash reserves surge to unprecedented $382 billion as Q3 earnings skyrocket. Warren Buffett's conglomerate reports massive gains despite economic uncertainties.

India: Market Dynamics Guide Our Russian Oil Purchases

India asserts its right to buy Russian oil based on economic needs and market dynamics, responding to recent US sanctions on Russian energy companies. The MEA emphasizes India's national interest comes first.

Trump Sanctions: Will India-China Stop Russian Oil?

As Trump's proposed sanctions threaten global oil flows, India and China face critical energy decisions. Discover why complete Russian oil withdrawal remains unlikely despite political pressure.

Indian refiners tap spot markets to replace Russian oil

India's leading refiners Indian Oil and MRPL are actively diversifying oil sources, turning to international spot markets as Russian supplies face payment and shipping challenges. Industry sources reveal strategic moves to secure alternative crude.

India's Q3 Gold Demand Value Soars 23% to ₹2L Cr

India's gold market demonstrates remarkable resilience as third-quarter demand value surges to ₹203,240 crore despite global economic uncertainties. Discover what's driving this golden boom.

HPCL-Mittal Energy halts Russian oil imports

HPCL-Mittal Energy Ltd, the joint venture between steel tycoon Lakshmi Mittal and Hindustan Petroleum, suspends all Russian crude purchases citing US sanctions. The move signals growing compliance challenges for Indian refiners.

Sinopec Profits Drop 33% on Oil Slump, Weak Fuel Sales

China Petroleum & Chemical Corporation (Sinopec) reports staggering 33% profit drop in first nine months of 2023 as lower crude prices and sluggish fuel sales impact earnings. Detailed analysis inside.

India's Oil Consumption to Reach 6 Million Barrels Daily

India's crude oil consumption is set to reach 6 million barrels per day as economic growth accelerates. Union Minister Hardeep Singh Puri reveals ambitious energy targets and strategic plans to meet rising demand.

Russian Oil's Secret Routes to India & China

Discover how Russia's 'ghost fleet' of tankers and creative financial schemes are keeping its oil flowing to Asian markets despite Western sanctions. Mint explains the intricate shadow economy reshaping global energy trade.

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