Australian Mines shares soar after partnering with Indian firm to produce key battery metal
Shares in Australian Mines closed 25 per cent higher last week after the company announced it had partnered with an Indian firm to evaluate the use of …
How buyers are lining up for Iran oil after U.S. exemptions
Armed with waivers to keep importing oil from Iran without running afoul of U.S. sanctions, several countries are preparing to manage the repercussions of …
India aims to sign pact with Iran for oil payments in rupees
India aims to sign an initial agreement with Iran this month to settle all their oil trade in rupees through India’s UCO Bank, two Indian government …
China leads global refining boom; will add 3.12 million bpd by 2022: GlobalData
China will lead global refinery capacity expansion and investments with 3.12 million barrels per day (bpd) additional refining capacity and $67.3 billion …
India’s crude oil imports from Iran up 10% in September 2018
Despite the 4 November deadline of US sanctions against Iran approaching, India’s crude oil imports from Iran jumped 10.19 per cent to 1.73 million tonnes in …
IEA warns oil producers of bleak future
Paris-based International Energy Agency (IEA) said in a report that the world’s largest oil producing nations are under unprecedented pressure to cut their …
Growth in LNG demand raises new challenges for the global security of energy supplies
The evolution of the global natural gas market, which has been driven by the growth in liquefied natural gas (LNG) demand, continues to change the relationship …
India urges oil producers to review payment terms as rupee depreciates
India has urged major oil producers for a review of payment terms, as the government battles to counter the impact of a depreciating rupee and rising global …
Iran, Venezuela and US Shale output to drive oil prices, says Fitch
Iranian and Venezuelan oil production levels, along with the pace of US shale growth, will drive oil prices in the medium term, Fitch Ratings said in a note, …
Coal imports to India seen rising by 8-17 per cent in FY19 – report
Improved capacity utilisation in power, cement and steel industries, coupled with inadequate rail-connectivity and rake availability to ferry the fuel, has led …