Oil Cargo News

Industry

OPEC sends fewest oil cargoes to United States in at least five years

Oil cargoes departing from OPEC nations to the United States fell to 1.63 million barrels per day (bpd) last month, down from 1.80 million bpd in November and 1.78 million bpd in October, the data show.

1 min read4 Jan 2019
Industry

First shipment of oil from UAE reaches reserve in Mangaluru

The oil cargo from state-run Abu Dhabi National Oil Co. is for filling up one of the two strategic petroleum reserve caverns built by Indian Strategic Petroleum Reserve Ltd at Mangalore

2 min read21 May 2018
Industry

First oil cargo for India’s strategic reserve in Mangaluru sails from UAE

The 5.86 million barrels supplied by state-run ADNOC can be used during an emergency

3 min read15 May 2018
Companies

Shipping Corporation to resume sailing to Iran, boosting shares

Shipping Corporation of India will use one of its Suezmax-sized tankers to ship an oil cargo for Hindustan Petroleum Corp Ltd from Iran

2 min read5 Jul 2016
Politics

Iran rejects delay to MRPL oil cargo delivery: sources

Iran rejects delay to MRPL oil cargo delivery: sources

1 min read19 Apr 2012
Companies

PetroChina makes second purchase of Indian fuel oil

PetroChina makes second purchase of Indian fuel oil

2 min read7 Jul 2011

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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