PSU refiners, who account for about two-thirds of the country´s oil processing capacity, are seeking more flexibility in import contracts as they look to tap new sources of supply flushed out by the US shale boom. India, the world´s fourth-biggest oil consumer with refining capacity of 4.3 million barrels per day, imports 80 per cent of its crude needs and has traditionally relied on the Middle East for heavy oil supplies and West Africa for lighter, sweet crude.
FlashNews:
India Urges Inclusive EU Space Act to Support Global Space Governance
S&P Global Rebrands Commodity Insights as S&P Global Energy
NITI Aayog Calls for Energy Market Reform Amid Global Transition and Geopolitical Challenges
Godrej Aerospace Delivers Human-Rated Vikas Engine for Gaganyaan Mission
Railway Board Tightens Garbage Disposal Rules for Trains
IndiGo Launches India’s First Direct Flight to Cambodia from Kolkata
RIB Software India Expands Market Presence
India Approves Royalty Reform to Unlock Critical Minerals, Bolster Green Energy, Cut China Reliance
Kolkata Surges as Warehousing Sector Rebounds 64% in Q3 2025; Pune and Bengaluru Lag Behind: Vestian
Inox Wind Secures 100 MW Turbine Supply Order in Gujarat
India Eyes 10% Share of Global Green Hydrogen Market by 2030: Shripad Yesso Naik
CareEdge-ESG and RAEX Ink Strategic MoU to Advance Global ESG Collaboration
Power Minister Reaffirms Investor Confidence in India’s Infrastructure and Energy Agenda
Wabag Invests in Deep Tech Startup Nimble Vision Under Blue Seed Programme
Mumbai Airport Reports Sustainability Gains with Green Energy, Innovation
Minister Joshi Calls for Stakeholder Action to Drive India’s Leadership in Green Hydrogen Revolution
Power Minister Launches India’s First MWh-Scale Vanadium Flow Battery at NTPC’s R&D Hub
IndiGo Launches Daily Direct Flights Connecting Delhi and Guangzhou
Sembcorp Wins 150MW Dispatchable Renewable Energy Project Under SJVN’s 6,000 MWh Tender
Home » State marketing cos for flexible deals
State marketing cos for flexible deals
Oil & Gas
December 1, 2014December 1, 2014
Leave a Reply
You must be logged in to post a comment.