Aramco to increase oil supply to India

May 2019

In the backdrop of the oil supply crunch due to withdrawal of sanction waivers by the US, Aramco has offered to increase crude oil supplies to India by 200,000 barrels per day. This additional supply […]

US likely to extend sanction waiver for India

April 2019

The US is likely to extend the sanction waiver for India. The sanction waiver extension will let the country continue buying Iranian oil as the existing sanction waiver expires in May 2019. In November 2018, […]

CCEA approves Pradhan Mantri JI-VAN Yojana

March 2019

The Cabinet Committee on Economic Affairs (CCEA) has approved the Pradhan Mantri JI-VAN [Jaiv Indhan-Vatavaran Anukool fasal awashesh Nivaran] Yojana. The programme will provide financial support to integrated bioethanol projects using lignocellulosic biomass and other […]

Ennore LNG terminal project inaugurated

March 2019

The Ennore LNG terminal project was inaugurated on March 6, 2019. The project has been developed by IOCL through Indian Oil LNG Private Limited, a special purpose vehicle (SPV), incorporated for the project. It involved […]

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