indian-refiners - Latest News on indian-refiners | Read Breaking News on Zee News

India's vegetable oil imports decline 6% in March

Last Updated: Tuesday, April 15, 2014, 14:17

The country's vegetable oil imports fell by 6 percent to 8.35 lakh tonnes in March due to a continuous fall in shipments of palm oil, industry body SEA said on Tuesday.

Iran asks India for $1.5 billion in oil payments under nuclear deal: Sources

Last Updated: Thursday, February 13, 2014, 18:37

Iran has asked India for USD 1.5 billion in back oil payments under the nuclear deal that provides Tehran some relief from Western sanctions, Indian sources with direct knowledge of the matter said on Thursday.

Govt plans Rs 2k cr insurance fund for Iranian crude refiners

Last Updated: Thursday, April 04, 2013, 21:34

The fund will start after the refiners contribute money to it, Financial Services Secretary Rajiv Takru said.

India may stop importing Iran oil after insurers back out

Last Updated: Friday, March 08, 2013, 17:52

Indian refiners may soon be forced to stop importing crude oil from Iran after insurance companies said refineries processing oil from the Persian Gulf nation will no longer be covered.

Iran struggles to find new buyers for oil: Report

Last Updated: Monday, February 20, 2012, 12:16

Iran is struggling to find new buyers for crude oil as Western sanctions start to bite, a newspaper reported on Monday.

Saudi Arabia offers more crude supplies to India

Last Updated: Tuesday, February 14, 2012, 20:19

Saudi Arabia, the world's top oil exporter, has offered additional crude supplies to India, a move that could help Indian refiners replace supplies from sanctions-hit Iran.

Iran says India to settle oil debt in a week: Report

Last Updated: Sunday, August 21, 2011, 16:35

Indian refiners will settle all oil debts to Iran by the end of this month, a business daily reported on Sunday, quoting a senior oil official as saying the sanctions-related problem that held up billions of dollars of oil income was over.

Two Indian refiners will not get Iran oil in Aug: Sources

Last Updated: Thursday, July 21, 2011, 18:52

Two Indian refiners will not get crude from Iran in August, sources at the two companies said on Thursday, as Tehran carried out a threat to stop supplies after debts in a long-running payments dispute reached more than $5 billion.