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Oil's role in India's energy mix to be crucial for next 20 years: IOC chairman | Hellenic Shipping News Worldwide

Indian Oil Corp. is confident the share of oil in India’s energy basket won’t change drastically over the next two decades, although incremental demand will create room for new and cleaner forms of energy, its chairman Shrikant Madhav Vaidya told the India Energy Forum by CERAWeek Oct 21. The state-run refiner, which caters to more ...
Shrikant Madhav Vaidya India Energy Forum Petroleum Planning Indian Oil Corp India Energy Analysis Cell

Gasoline rebound makes light crude flavor of the month in India | Hellenic Shipping News Worldwide

India’s sharp revival in gasoline appetite to surpass even pre-pandemic levels has prompted its refiners to increasingly queue up to import lighter crudes in recent months, but the fourth quarter could see a tilt in the balance in favor of heavier grades as gasoil demand growth is expected to pick up speed. Traditionally, Indian refineries ...
United Arab Emirates Kang Wu United States Rajat Kapoor Jit Yang Petroleum Planning

India's fuel demand rose 5.2% y/y in September | Hellenic Shipping News Worldwide

India’s fuel demand rose 5.2% in September compared with the same month last year to 15.92 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed. Sales of gasoline, or petrol, were 6% higher from a year earlier at 2.60 million tonnes, while diesel sales rose 0.5% year-on-year to ...
Bharat Govind Gautam Kavya Guduru Petroleum Planning Analysis Cell Andrew Heavens

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