India is now Europe's largest supplier of refined fuels

Apr 30, 2023

Europe's reliance on Indian crude oil products has grown since the ban on Russian oil. Europe's refined fuel imports from India are set to...

Sri Lanka needs to pay USD 587 million for planned fuel imports

Jul 03, 2022

Colombo [Sri Lanka], July 3 : Sri Lanka needs to pay USD 587 million to several foreign oil companies for planned fuel imports until...

Sri Lanka permits companies to import fuel as crisis worsens

Jun 28, 2022

Colombo [Sri Lanka], June 28 : The Sri Lankan Cabinet on Tuesday granted to open fuel imports and retail sales market to companies from...

Iran is considering closing the Strait of Hormuz: Reports

Jun 22, 2025

Roughly 20 per cent of global oil and a significant portion of natural gas pass through the Strait. Europe imports oil and liquefied natural...

Pakistan seeks gas imports from Qatar on deferred payments

Jul 04, 2022

Islamabad [Pakistan], July 4 : Amid a shortage of gas and electricity and unprecedentedly expensive fuel imports, Pakistan is seeking more gas imports from...

IndianOil launches indigenous production of aviation fuel AVGAS 100 LL

Sep 26, 2022

Ghaziabad (Uttar Pradesh) [India], September 26 : In a big step towards reducing dependence on imports to meet energy needs the government-run Indian Oil...