INTERNATIONAL Feed Atom

Energy-hungry India tells Carney ‘we are willing to buy whatever Canada is offering’

2 weeks ago

27 February 2026

11:25 AM

India wants to buy any energy product it can from Canada and its officials are urging the federal government to streamline approvals for various projects so it can tap into new supplies to feed a rapidly growing country with relatively few natural resources of its own.

Saudi Arabia boosts oil output, exports for US attack on Iran contingency

3 weeks ago

26 February 2026

4:03 AM

Saudi Arabia is increasing its oil production and exports as part of a contingency plan in case any U.S. strike on Iran disrupts supplies from the Middle East, two sources familiar with the plan said on Wednesday.

US to allow resale of Venezuelan oil to Cuba’s private sector, Treasury says

3 weeks ago

26 February 2026

4:01 AM

The U.S. Treasury Department said on Wednesday it would authorize companies seeking licenses to resell Venezuelan oil to Cuba's private sector, according to guidance posted on the department's website, a move that could help ease the island's acute fuel scarcity.

South Korea approves first petrochemical restructuring deal as supply glut weighs

3 weeks ago

25 February 2026

5:22 AM

South Korea's industry ministry said on Wednesday it has approved the country's first petrochemical industry restructuring project, offering a support package worth more than 2 trillion won ($1.39 billion) to help companies weather a prolonged sector downturn.

Venezuela readies larger oil cargoes for export, targets India

3 weeks ago

25 February 2026

5:02 AM

Trading houses and buyers of Venezuelan oil have chartered the first very large crude carriers (VLCCs) to export from the South American country since a Caracas-Washington supply deal began, a move that will boost deliveries to India, according to four sources and shipping data.

US Supreme Court to hear bid by oil companies to toss climate suits

3 weeks ago

24 February 2026

4:14 AM

The U.S. Supreme Court has agreed to hear a bid by ExxonMobil and Suncor Energy to scuttle a lawsuit brought by officials in Boulder, Colorado that seeks to hold the oil companies liable for helping fuel climate change in a case that could affect dozens of similar lawsuits around the country.

Saudi Aramco sells first Jafurah condensate cargoes to US firms, India

3 weeks ago

24 February 2026

4:09 AM

State energy major Saudi Aramco has sold several cargoes of ultra light crude oil from its $100 billion Jafurah gas plant to U.S. majors and an Indian refiner as it prepares to export its first cargo later this month, four trade sources said.

Turkmenistan’s ex-president says diversifying gas exports is ‘primary goal’

3 weeks ago

23 February 2026

4:09 AM

Former Turkmen President Gurbanguly Berdymukhamedov said that his country's "primary goal" was to diversify exports of its enormous gas reserves, the world's fourth largest, according to the transcript of an interview published on Sunday.

India and Brazil target $30 billion bilateral trade by 2030

3 weeks ago

23 February 2026

4:08 AM

India and Brazil on Saturday set an ambitious target to boost bilateral trade to $30 billion by 2030, up from the previous goal of $20 billion.

Syrian Petroleum Company receives fourth gas tanker at Baniyas Port

3 weeks ago

22 February 2026

10:50 AM

A gas shipment of 2,797.109 metric tons arrived aboard the tanker GAS HUSKY at the Baniyas maritime terminal, the Syrian Petroleum Company (SPC) said on Saturday, marking the fourth tanker to reach Syria since the start of the household gas shortage crisis.

US in active talks with India over Venezuelan oil sales, says American envoy

3 weeks ago

20 February 2026

9:15 AM

The United States is engaged in “active negotiation” regarding the sale of Venezuelan oil to India, aimed at helping India diversify its sources of crude oil, US Envoy Sergio Gor said on Friday.

India’s Saudi oil buy to hit six-year high as Washington curbs Russia route

3 weeks ago

20 February 2026

9:10 AM

India is set to import the most crude from Saudi Arabia in more than six years this month, as the South Asian nation faces sustained US pressure to reduce purchases of Russian barrels.

India’s Bharat Petroleum, HPCL Mittal buy Venezuelan oil, sources say

4 weeks ago

19 February 2026

8:03 AM

India’s state-owned Bharat Petroleum Corporation (BPCL) has bought Venezuelan oil for the first time ever, while private refiner HPCL Mittal Energy Ltd (HMEL) has purchased crude from the South American country for the first time in two years, three sources with knowledge of the deals said on Wednesday.

Canada and India agree to boost oil and gas trade as energy partnership resets

4 weeks ago

19 February 2026

7:52 AM

Canada to boost direct exports of crude, LNG & LPG to India; India to send more refined products back. Deal relaunches stalled energy dialogue post-diplomatic thaw, helping Canada diversify beyond US reliance & India secure varied supplies amid global shifts.

China isn’t importing any US LNG, but it’s still in the game

4 weeks ago

18 February 2026

8:35 AM

China hasn’t brought in a single cargo of US liquefied natural gas (LNG) for a full year now, but that doesn’t mean it has completely walked away from the American supply.

Oil, Energy, India–U.S. Relations, and the Russia Dilemma

4 weeks ago

18 February 2026

8:30 AM

India has sharply increased its purchases of discounted Russian crude oil since 2022, triggering tensions with the United States—including new tariffs under President Trump and threats of far steeper levies. Although a February 2026 trade deal brought some relief and a partial shift toward U.S. (and possibly Venezuelan) supplies, New Delhi continues to prioritize energy security for its 1.4 billion people and insists on maintaining strategic autonomy in sourcing oil—highlighting the deep geopolitical tug-of-war between Washington and Moscow over India’s growing energy needs.

Hungary asks Croatia for help after Russian oil flows via Ukraine halted

4 weeks ago

17 February 2026

7:09 AM

Hungary and Slovakia have asked Croatia to help them secure Russian oil and Hungarian company MOL initiated the release of strategic crude reserves after disruption to flows via Ukraine that the two countries have blamed on Kyiv.

China Secures Record Russian Oil Imports as India Reduces Purchases

4 weeks ago

17 February 2026

7:05 AM

China's oil imports from Russia are on track for all-time high of over 2 million barrels per day in February as India is withdrawing from Russian spot purchases and supply is now heavily discounted for Chinese independent refiners.

India Set to Boost LPG Imports from U.S.

4 weeks ago

16 February 2026

8:22 AM

In a move to help the chances of a trade deal with the United States, India intends to raise imports of U.S. liquefied petroleum gas (LPG) and reduce such purchases from the Middle East, anonymous sources familiar with the plans told Reuters on Thursday.

India Agrees to Halt Additional Russian Oil Purchases, Rubio Says; New Delhi Reaffirms Strategic Autonomy

4 weeks ago

15 February 2026

7:55 AM

US Secretary of State Marco Rubio stated that India has assured the White House it will not increase its purchases of Russian oil beyond current levels, following new US sanctions on Russia’s energy sector.

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Latest News of Oil, Gas and Petrochemical industry

INTERNATIONAL Feed Atom

Energy-hungry India tells Carney ‘we are willing to buy whatever Canada is offering’

Saudi Arabia boosts oil output, exports for US attack on Iran contingency

US to allow resale of Venezuelan oil to Cuba’s private sector, Treasury says

South Korea approves first petrochemical restructuring deal as supply glut weighs

Venezuela readies larger oil cargoes for export, targets India

US Supreme Court to hear bid by oil companies to toss climate suits

Saudi Aramco sells first Jafurah condensate cargoes to US firms, India

Turkmenistan’s ex-president says diversifying gas exports is ‘primary goal’

India and Brazil target $30 billion bilateral trade by 2030

Syrian Petroleum Company receives fourth gas tanker at Baniyas Port

US in active talks with India over Venezuelan oil sales, says American envoy

India’s Saudi oil buy to hit six-year high as Washington curbs Russia route

India’s Bharat Petroleum, HPCL Mittal buy Venezuelan oil, sources say

Canada and India agree to boost oil and gas trade as energy partnership resets

China isn’t importing any US LNG, but it’s still in the game

Oil, Energy, India–U.S. Relations, and the Russia Dilemma

Hungary asks Croatia for help after Russian oil flows via Ukraine halted

China Secures Record Russian Oil Imports as India Reduces Purchases

India Set to Boost LPG Imports from U.S.

India Agrees to Halt Additional Russian Oil Purchases, Rubio Says; New Delhi Reaffirms Strategic Autonomy