India is exploring building three new strategic oil reserves to boost its emergency stockpile and strengthen energy security, the head of the company in charge of strategic reserves said on Wednesday.

The new strategic oil reserves in Bikaner, Mangalore and Bina will boost emergency stockpiles, enhance energy security and aid India's push for International Energy Agency membership ...

This development follows a notable hydrocarbon discovery in the Namrup Borhat-1 well, which is located within the state.

India should consider diversifying its crude oil imports by tapping into Western Canadian Select (WCS) to reduce reliance on ...

India stands at a critical economic juncture. The combination of sound domestic macroeconomics and rising external frictions ...

India's crude oil sourcing strategy, dominated by Russian barrels and Middle Eastern flows, driven by refining economics and margins.

India can reduce Russian crude purchases if OPEC increases output, following EU sanctions targeting Russia's energy sector.

India is planning to build three more strategic oil storage facilities to boost its energy security. These new reserves, including facilities in Bikaner, Mangalore, and Bina, will add to the existing ...

Union government doubles dividends from PSUs, heavily reliant on oil, gas, and coal companies for revenue growth.

Russia has reportedly found the world’s largest crude oil reserve beneath the British Antarctic Territory, a region long ...

KKR sees signs of India coming out of a soft patch that marked much of 2024, with green shoots in rural demand, steady ...

The report, published by KKR's Global Macro & Asset Allocation team, emphasised India's unique position as a scalable ...