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India opens energy office in Moscow as Delhi-Moscow increase focus in sector
India has opened an energy office in Moscow s well-known landmark Federation Tower that will have presence of five top Indian energy PSUs. Inauguration of India Energy office in Moscow. (Image: MEA)
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Updated: Mar 3, 2021, 06:05 AM IST
India has opened an energy office in Moscow s well-known landmark Federation Tower that will have the presence of five top Indian energy PSUs even as Moscow and Delhi increase engagement in the sector. The five main Indian energy PSUs who will be present are ONGC VIDESH Limited, Indian Oil Corp, GAIL (India), Oil India Limited, and Engineers India.
India presses OPEC to drop âartificial cutsâ that boost oil prices By Dina Khrennikova and Olga Tanas on 3/2/2021
Tarun Kapoor, secretary at Indiaâs Ministry of Petroleum and Natural Gas
MOSCOW (Bloomberg) India has reiterated its call to OPEC+ to increase oil production from April as the alliance meets this week to discuss future steps.
âArtificial cuts to keep the price going up is not something we support,â Tarun Kapoor, secretary at Indiaâs Ministry of Petroleum and Natural Gas, told reporters in Moscow on Wednesday at the opening ceremony of Indiaâs energy center.
Itâs not the first time India, one of the biggest buyers of the producer groupâs crude, has urged the Organization of Exporting Petroleum Countries and its partners to pump more oil. In January, when Saudi Arabia surprised the market with a voluntary production cut of 1 million barrels a day in February and March, Indian oil and gas min
India is calling again on the OPEC+ coalition to boost production from April, because the world’s third-largest oil importer is not particularly happy with this year’s oil price rally