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India, Venezuela Deepen Energy Partnership

By Uniquetimesorg June 5, 2026 0

India and Venezuela have agreed to strengthen their energy partnership, with Indian Oil Minister Hardeep Singh Puri telling Venezuelan Interim President Delcy Rodriguez that Indian companies are prepared to expand their presence in the South American nation’s energy sector. The discussions took place during Rodriguez’s visit to New Delhi, where both sides Continue Reading

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India Resumes Iranian Oil Imports After 7 Years

By Uniquetimesorg April 4, 2026 0

India has restarted importing crude oil from Iran for the first time since 2019, as supply disruptions linked to tensions in the Middle East have impacted global energy flows. The move comes after instability around the Strait of Hormuz and ongoing conflict involving the United States and Israel, which have tightened oil availability for major […]Continue Reading

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Indian Oil, HPCL Buy 2 Million Barrels of Venezuelan Oil

By Uniquetimesorg February 9, 2026 0

India’s state‑owned refiners Indian Oil Corporation and Hindustan Petroleum Corporation Ltd have jointly purchased 2 million barrels of Merey crude oil from Venezuela’s Trafigura for delivery in the second half of April, according to trade sources familiar with the deal. IOC is set to lift about 1.5 million barrels and HPCL about 500,000 barrels on a single […]Continue Reading

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Reliance Halts Russian Crude, India’s January Imports Set to Slide

By Uniquetimesorg January 6, 2026 0

India’s Russian oil imports are expected to fall sharply in January after Reliance Industries, the country’s largest buyer of Russian crude, said it does not expect any deliveries during the month. Reliance, which operates the world’s biggest refining complex at Jamnagar, confirmed it has not received Russian oil for nearly three weeks, contradicting reports that […]Continue Reading

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India to Lead Global Oil Demand Growth by 2035

By Uniquetimesorg November 12, 2025 0

India is poised to become the epicentre of global oil demand growth over the next decade, according to a new report by the International Energy Agency (IEA). The Paris-based agency projects that India’s oil consumption will rise from 5.5 million barrels per day (mbpd) in 2024 to 8 mbpd in 2035, driven by rapid economic […]Continue Reading