Oil Trade News - Latest Updates & Headlines
National interest is top priority in India's oil purchases: Govt
New Delhi, March 20: India's decision on international oil purchases is based on diverse factors, keeping in mind the country's national interests and priorities, the government told the Rajya Sabha on Thursday.
Inappropriate and counter-productive: Russia over US oil pressure on India
Moscow, February 27: Russia on Thursday slammed the US for its "inappropriate and counter-productive" demands that India stop unloading Russian oil tankers. The US had set a deadline of February 27 for India to comply.
ONGC, SOCAR, and MRPL sign MoU to strengthen energy cooperation at India Energy Week 2025
New Delhi, February 15: The State Oil Company of the Azerbaijan Republic (SOCAR), Oil & Natural Gas Corporation (ONGC), and Mangalore Refinery & Petrochemicals Limited (MRPL) have signed a Tripartite Memorandum of Understanding (MoU) during India Energy Week (IEW) 2025 to strengthen energy cooperation at India Energy Week 2025.
Brazil's Petrobras looking to partner with Indian oil firms for trade, energy cooperation says its CEO
New Delhi, February 12: Brazil's state-run oil company, Petrobras, is looking to strengthen ties with Indian oil firms by exploring opportunities for trade and collaboration.