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Indias crude oil needa are growing every year. (Photo: Representational/AP)

India's fuel demand up 10 per cent in Sept; highest jump since Aug...

World's fastest growing oil consumer used 16.25 million tonnes of petroleum products in September.

20 Oct 2017 12:27 PM GMT

Iran is offering to insure oil cargoes to India after some local insurers stopped providing the service in the face of impending US sanctions, industry sources said, a move that would help Tehran continue supplying its second biggest oil client.

IEA lowers its growth forecast in oil demand for 2018, 2019

The estimated growth in global demand has been reduced by 1,10,000 barrels per day for each of the two years.

12 Oct 2018 9:14 AM GMT

Fuel prices may rise as Saudi Arabia wont allow glut

Fuel prices may rise as Saudi Arabia won't allow glut

Oil cos say no government directive to defer price hike.

11 April 2018 8:13 PM GMT

We expect the global leaders will understand our requirements, Petroleum Minister Dharmendra Pradhan said.(Photo: File | PTI)

UAE keen to invest in refining, petrochem projects, store oil in India

India has a refining capacity of 247 million tonnes, which exceeded the demand of 202 million tonnes.

11 Feb 2019 9:29 AM GMT

US oil shipments to China have surged, creating trade between the worlds two biggest powers that until 2016 just did not exist.

Saudi oil cuts deeper than promised: International Energy Agency

The Paris-based IEA said production by OPEC kingpin Saudi Arabia dropped to its lowest level in two years in March.

11 April 2019 12:41 PM GMT

Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

International Energy Agency praises Pradhan Mantri Ujjwala Yojana

So far, about 7.4 crore LPG connections have been given. The target is to give 8 crore connections by 2020.

19 July 2019 10:49 AM GMT

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

IEA says does not expect 'huge increase' in crude prices

The IEA is reducing its 2019 oil demand forecast due to a slowing global economy amid a US-China trade spat.

19 July 2019 5:31 AM GMT

Indias fuel demand dipped 45.8% in April. (PTI Photo)

India's fuel demand crashes nearly 50% in April

The country's fuel demand is set to recover with easing restrictions on industrial activity and transport in areas

10 May 2020 9:52 AM GMT

Global gas demand on course for biggest annual fall on record. (AFP Photo)

Global gas demand set for largest decline on record in 2020, says IEA

Global gas demand is expected to fall by 4% or 150 billion cubic metres twice the size of drop following 2008 global...

10 Jun 2020 6:09 AM GMT

An aerial view of a coal-fired power station in Lanzhou in northwestern Chinas Gansu province (AP file image)

Global emissions will peak in 2025, says International Energy Agency

IEA energy outlook report's scenario is based on prevailing policy settings that see a definitive peak in global demand...

27 Oct 2022 7:13 AM GMT

Even the European Union (EU), with its over-pious climate attitude, is forced to import coal and fire its coal plants in the wake of the Russia-Ukraine war, and the EUs economic sanctions against Russia and the Russian retaliation by closing gas supplies to Europe. (Representational Image/AFP)

Parsa Venkateshwar Rao Jr | No easy green' solutions for coal-carbon...

The government, politicians and the activists can all talk of greater access to energy, but it will not happen unless...

15 Nov 2022 6:25 PM GMT

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

Abu Dhabi oil giant to pick up stake in Ratnagiri refinery project

ADNOC joins Saudi Aramco, the world's largest oil producer, in the project which is planned to come on stream by 2025.

25 Jun 2018 8:05 AM GMT