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Nidhi Verma

Brazil to discuss cooperation with OPEC later this year: energy minister

23 Jan 2020

NEW DELHI Brazil will discuss with Saudi Arabia later this year the possibility of cooperation with OPEC, as it aims to become one of the world's top five exporters during the next decade, its energy minister said on Thursday.

UPDATE 3-Brazil to discuss cooperation with OPEC later this year- energy minister

23 Jan 2020

* Brazil expects to be among world's top 5 exporters in 10 years

Indian state refiners near first annual deals to buy Russian oil: sources

21 Jan 2020

NEW DELHI Indian state refiners are close to signing their first annual deals to buy Russian oil, three sources privy to the development said, as the nation moves to tap new sources to hedge against geopolitical risks.

Middle East share of India's oil imports falls to four-year-low in 2019 - tanker data

20 Jan 2020

NEW DELHI India's imports of Middle Eastern oil plunged to a four-year low in 2019, tanker data obtained from sources shows, as the energy-hungry nation diversifies its supplies to cut costs and help shield itself from geopolitical tensions.

Middle East share of India's oil imports falls to 4-yr-low in 2019 - trade

20 Jan 2020

NEW DELHI, Jan 20 India's imports of Middle Eastern oil plunged to a four-year low in 2019, tanker data obtained from sources shows, as the energy-hungry nation diversifies its supplies to cut costs and help shield itself from geopolitical tensions.

India's oil demand growth set to overtake China by mid-2020s: IEA

10 Jan 2020

NEW DELHI/MUMBAI India's oil demand growth is set to overtake China by mid-2020s, priming the country for more refinery investment but making it more vulnerable to supply disruption in the Middle East, the International Energy Agency (IEA) said on Friday.

REFILE-India's oil demand growth set to overtake China by mid-2020s -IEA

10 Jan 2020

NEW DELHI/MUMBAI, Jan 10 India's oil demand growth is set to overtake China by mid-2020s, priming the country for more refinery investment but making it more vulnerable to supply disruption in the Middle East, the International Energy Agency (IEA) said on Friday.

Ample supplies, weak global demand growth to cap oil prices in 2020: IEA

10 Jan 2020

NEW DELHI The global oil market is expected to be well-supplied in 2020 and demand growth could stay weak, keeping a lid on prices, the head of the International Energy Agency told Reuters on Friday.

India approves funding of $774 million for northeastern gas pipeline

08 Jan 2020

NEW DELHI India has approved funding of 55.6 billion rupees ($774 million) for a natural gas pipeline in its northeast, Oil Minister Dharmendra Pradhan said on Wednesday, as part of a national gas grid being built to span remote locations.

RPT-Indian November imports of Latin American oil slump to 20-month low - data

24 Dec 2019

NEW DELHI, Dec 23 Latin America's share of Indian oil imports plunged in November to its lowest in 20 months, tanker arrival data showed, as refiners bought similar heavier grades from the Middle East to reduce shipping costs.

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