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Reconsider multi-billion rupee petroleum pipeline investment

India's reported refusal to provide a subsidy of approximately Rs 17 billion for the construction of two petroleum pipelines and a fuel storage facility, as previously agreed between the two countries, has lately drawn media headlines. ....

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India dilly-dallying on subsidy agreement for petroleum pipeline projects with Nepal

KATHMANDU, March 26: According to the agreement to build two petroleum pipelines and a fuel storage facility, India has refused to give a subsidy of about Rs 17 billion. ....

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India Looks To Diversify Its Oil Imports Following OPEC+ Cut

The OPEC+ production cut was bad news for India, and now the country is looking to aggressively diversify its oil imports ....

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India justifies buying more Russian discounted oil

India is the world's third-largest consumer and importer of oil, importing about 80 per cent of its oil needs.
. Read more at straitstimes.com. ....

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India says rectifying oil demand, supply imbalance crucial for recovery | Hellenic Shipping News Worldwide

India said Oct. 20 that surging oil prices could potentially create hurdles for a post-pandemic economic recovery, and urged the world’s leading producers to take steps to potentially rectify the current supply and demand imbalances. Speaking at the India Energy Forum by CERAWeek, Indian Petroleum Minister Hardeep Singh Puri said the steep rise in prices . ....

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